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Bangladesh Shilpa Bank |
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Bangladesh Shilpa Bank |
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Bangladesh Shilpa Bank (BSB)
is the state owned Leading Development Financial Institution (DFI) of
Bangladesh. 'Shilpa' means industry. BSB provides financial and technical
assistance to broaden the private as well as public sector industrial base
of the country. It prioritizes, especially, Export Oriented/Export Linkage
industrial units, Efficient Import Substitution, Joint Ventures,
Commercialization of local technology and promotion of agro-based industry.
The Bank provides long and medium-term loans both in local and foreign
currencies, guarantees repayment of loans raised by investors from other
sources, and provides equity support by way of outright purchase of shares
and by underwriting the public issue of shares. It also extends short-term
bridge financing and working capital loans on a limited scale. BSB provides
free technical advice in respect of plant and machinery, product and
process, raw materials, market for products, and other related aspects to
prospective entrepreneurs.
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Bangladesh Shilpa Bank (BSB)
has merger with Shilpa Rin Sangstha (BSRS) to emerged
Bangladesh Development Bank
Limited (BDBL) due to ailing in financial. Please refer to BDBL for
further information. |
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Bangladesh Development Bank
Category : Local Pubic Specialized Bank
SWIFT Code : N/A
Address :
8, Rajuk Avenue
Dhaka 1000
Bangladesh
Telephone : +880 2 9563 476
Facsimile : +880 2 9562 061
Website : www.bdbl.com.bd |
Search other banks in Bangladesh |
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Bangladesh
Bank, as the central bank, has legal authority to supervise and regulate
all banks and non-bank financial institutions. Bank Company Act, 1991,
empowers
Bangladesh Bank to issue licenses to carry out banking business in
Bangladesh. Given some broad policy goals and objectives, it formulates and
implements monetary policy, manages foreign exchange reserves and lays down
prudential regulations and conduct monitoring thereof as they apply to the
entire banking system. The
Bangladesh
Bank has the power to impose penalties for non-compliance and also to
intervene in the management of a bank if serious problem arise. It also has
the delegated authority of issuing policy directives regarding the foreign
exchange regime.
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