Newsletter Vol Xv Issue Iii Fall 2015
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The Role of Islami Bank Bangladesh Limited in Economic Development of Bangladesh
ISSN: 2308-5096(P) ISSN 2311-620X (O) [International Journal of Ethics in Social Sciences Vol.4, No. 1, June 2016] The Role of Islami Bank Bangladesh Limited in Economic Development of Bangladesh Mohammed Mahbubur Rahaman1 Md. Rafiqul Islam Rafiq2 Abstract The main objective of the study is to analyze the role of IBBL in economic development of Bangladesh and to give some suggestions to overcome the challenges Islami Bank Bangladesh Ltd. (IBBL) is the pioneer of Islamic banking in Bangladesh. IBBL is performing a significant role in the development of the country. The Bank is working in the export sector from the very beginning resulting in maximizing export earnings as well as creating employment opportunities in Bangladesh. The Bank has already emerged as the top export-import bank in Bangladesh. IBBL satisfies most of the efficiency conditions if they can operate as a sole system in an economy. Conventional banking, on the other hand, does not satisfy any of the efficiency conditions analyzed in the present study. However, when Islamic banks start operation within the conventional banking framework, their efficiency goes on decreasing in a number of dimensions. 1. Introduction In a modern economy, banks are the fundamental financial intermediary. Recently they are engaged in value generating activities by assuring uninterrupted supply of financial resources and also help accelerate the pace of development process. In terms of deposit collection, investment, and foreign exchange business the Islami Bank Bangladesh Limited (IBBL) place the position of being the leading other banks, IBBL has been continuously operating their banking activities and to provide efficient banking service with a view to accelerate 1. -
“E-Business and on Line Banking in Bangladesh: an Analysis”
“E-Business and on line banking in Bangladesh: an Analysis” AUTHORS Muhammad Mahboob Ali ARTICLE INFO Muhammad Mahboob Ali (2010). E-Business and on line banking in Bangladesh: an Analysis. Banks and Bank Systems, 5(2-1) RELEASED ON Wednesday, 07 July 2010 JOURNAL "Banks and Bank Systems" FOUNDER LLC “Consulting Publishing Company “Business Perspectives” NUMBER OF REFERENCES NUMBER OF FIGURES NUMBER OF TABLES 0 0 0 © The author(s) 2021. This publication is an open access article. businessperspectives.org Banks and Bank Systems, Volume 5, Issue 2, 2010 Muhammad Mahboob Ali (Bangladesh) E-business and on-line banking in Bangladesh: an analysis Abstract E-business has created tremendous opportunity all over the globe. On-line banking can act as a complementary factor of e-business. Bangladesh Bank has recently argued to introduce automated clearing house system. This pushed up- ward transition from the manual banking system to the on-line banking system. The study has been undertaken to ob- serve present status of the e-business and as its complementary factor on-line banking system in Bangladesh. The arti- cle analyzes the data collected from Bangladeshi banks up to February 2010 and also used snowball sampling tech- niques to gather answer from the five hundred respondents who have already been using on-line banking system on the basis of a questionnaire which was prepared for this study purpose. The study found that dealing officials of the banks are not well conversant about their desk work. The author observed that the country can benefit from successful utiliza- tion of e-business as this will help to enhance productivity. -
Bangladesh Development Bibliography List of Publications from 2000 – 2005 (As of January 16, 2012)
Bangladesh Development Bibliography List of publications from 2000 – 2005 (as of January 16, 2012) Aaby, Peter; Abbas Bhuiya; Lutfun Nahar; Kim Knudsen; Andres de Francisco; and Michael Strong (2003) The survival benefit of measles immunization may not be explained entirely by the prevention of measles disease: a community study from rural Bangladesh ; International Journal of Epidemiology, Vol. 32, No. 1 (February), pp. 106-115. Abbasi, Kamran (2002) Health policy in action: the World Bank in South Asia; Brighton, UK: University of Sussex, Institute of Development Studies (IDS). Abdalla, Amr; A. N. M. Raisuddin; and Suleiman Hussein with the assistance of Dhaka Ahsania Mission (2004) Bangladesh Educational Assessment - Pre-primary and Primary Madrasah Education in Bangladesh ; Washington, DC, USA: United States Agency for International Development (USAID) for Basic Education and Policy Support (BEPS) Activity (Contract No. HNE-I-00-00-00038-00) (June). Abdullah, Abu (2001) The Bangladesh Economy in the Year 2000: Achievements and Failures; In: Abu Abdullah (ed.) Bangladesh Economy 2000: Selected issues (Dhaka: Bangladesh Institute of Development Studies (BIDS)), pp. xv-xxix. Abdullah, Abu (ed.) (2001) Bangladesh Economy 2000: Selected Issues; Dhaka, Bangladesh: University Press Ltd. and Bangladesh Institute of Development Studies. Abdullah, Abu A. (2000) Social Change and ‘Modernisation‘; In: Rounaq Jahan (ed.) Bangladesh: Promise and Performance (London, UK: Zed Books; and Dhaka, Bangladesh: The University Press), Chapter 5. Abdullah, Mohammad (ed.) (2004) Technologies on Livestock and Fisheries for Poverty Alleviation in SAARC Countries; Dhaka, Bangladesh: SAARC Agricultural Information Centre (SAIC). Abdullah, S. T.; Mullineux, A. W.; Fielding, A.; and W. Spanjers (2004) Intra-household resource allocation and bargaining power of the women using micro-credit in Bangladesh; Birmingham, UK: University of Birmingham, Department of Economics Discussion Paper, No. -
Agent Banking, the Revolution in Financial Service Sector of Bangladesh
IOSR Journal of Economics and Finance (IOSR-JEF) e-ISSN: 2321-5933, p-ISSN: 2321-5925.Volume 5, Issue 1. (Jul-Aug. 2014), PP 28-32 www.iosrjournals.org Agent banking, the revolution in financial service sector of Bangladesh Md. Razib Siddiquie (Department of Business Administration, University of Asia Pacific, Bangladesh) Abstract: Agent banking is one of the most popular financial services in the world where there are difficulties in accessing geographical locations easily. And that is why agent banking is very successful in Latin America & Africa. Other developed like United Kingdom, Australia etc countries are also gradually deploying agent banking because it reduces the cost of operating of the bank. Most of the services of a bank can be provided through agents, thus people of remotest area of a country can be brought under proper financial structure by the virtue of agent banking. According to the agent banking guideline the software of any individual agent will be connected to the core software of the bank, so transactions that will take place in agent premises will be shown in the banking system real-time and those transactional statements can be used anywhere and everywhere for different purposes of the client. I have done my research on agent banking and its prospect for last one year and finally prepared this paper. Keywords: Alternative Banking, Internet service provider, Bank, Regulation, vision I. Introduction of Agent banking in Bangladesh: People's Republic of Bangladesh, a delta in South Asia, Bangladesh shares large borders with India and a small southern strip with Myanmar. Bangladesh is home to the Ganges, the Brahmaputra and the Meghna rivers, and networks of smaller rivers and canals. -
54 157 - Ministry of Liberation War Affairs
1.00 Demands for Grants and Appropriations 2018-19 Grant No - 54 157 - Ministry of Liberation War Affairs Allocations and Activities 1। Main functions of the Ministry of Liberation War Affairs are: a. Preparation of the list of freedom fighters, publication in the gazette and preservation of declared list; b. Formulation of rules and guidelines related to rights and benefits of the freedom fighters; c. Providing allowances, grants and other facilities to the freedom fighter; d. Preparation of guidelines for the preservation of history of War of Independence, and preservation of documents of liberation war; e. Undertaking various activities to uphold the true history of liberation war to the present and future generations; f. Undertaking and implementing various projects for the welfare of the freedom Fighters; g. Ensuring the preservation of quota for employment for the freedom fighters and their children and grandchildren in government, autonomous and semi-autonomous bodies, h. Construction of Independence Tower and other memorial towers of war of independence, preservation and maintenance of the burial sites/mass graves of liberation war; and i. Celebration of the Independence and National day in appropriate manner including Victory Day, Shahid Intellectual Day and Mujibnagar Day. 2। The revised budget allocation [Operating and Development] from FY 2015-16 to FY 2017-18 and the proposed allocation [Operating and Development] for FY 2018-19 of the Ministry of Liberation War Affairs are shown below: (Taka in Thousand) Financial Year Operating Development Total Recurrent Capital Financial Liabilities Assets 2015-16 Revised Budget 2225,48,63 305,57,55 2531,06,18 2228,71,41 302,31,77 3,00 0 2016-17 Revised Budget 2746,06,16 236,85,78 2982,91,94 2750,07,34 232,81,60 3,00 0 2017-18 Revised Budget 3573,85,69 274,99,00 3848,84,69 3582,31,69 266,49,00 4,00 0 2018-19 Budget 3710,70,00 550,00,00 4260,70,00 3728,33,00 532,33,00 4,00 0 3। In FY 2018-19, following important activities/projects/programs are scheduled to be implemented: a. -
Study of Bangladesh Bond Market
Study of Bangladesh Bond Market April 2019 Table of Contents Abbreviations ........................................................................................................................................................... ii List of Tables ......................................................................................................................................................... viii List of Figures .......................................................................................................................................................... x Forewords ............................................................................................................................................................... xi Executive Summary.............................................................................................................................................. xiv 1. Introduction ......................................................................................................................................................... 2 1.1. Background to our work ....................................................................................................................................................... 2 1.2. Structure of the report .......................................................................................................................................................... 2 1.3. Our methodology and approach ..................................................................................................................................... -
Regulation of Islamic Banking in Bangladesh : Role of Bangladesh Bank
International Journal of Islamic Financial Services Vol. 2 No.1 REGULATION OF ISLAMIC BANKING IN BANGLADESH : ROLE OF BANGLADESH BANK Abdul Awwal Sarker As regards the supervision and inspection of the banks in Bangladesh, an equal treatment is being followed for all banks including the Islamic ones by the Bangladesh Bank. In some cases, Bangladesh Bank has given some special provision for the Islamic banks. Yet, for the smooth development and operation of the Islamic banking, Bangladesh Bank should devise the separate regulatory and supervisory guidelines for the Islamic banks and non-bank Islamic financial institutions. 1. Banking System of Bangladesh The banking system of Bangladesh is composed of a variety of banks working as Nationalized Commercial Banks (NCBs), Private Banks, Foreign Banks, Specialised Banks and Development Banks. However, 28 out of 50 banks in Bangladesh are private, of which only 5, namely Islami Bank Bangladesh Limited, Al-Baraka Bank Bangladesh Limited, Al-Arafah Islami Bank Limited, Social Investment Bank Limited, and Faysal Is- lamic Bank of Bahrain E.C. have been operating as Islamic banks. Besides these full-fledged Islamic banks, two conventional banks in the private sector namely the Prime Bank Limited and Dhaka Bank Limited, have opened two full-fledged Islamic banking branches and Islamic Banking Counter respectively to deal with the Islamic banking business parallel to their conventional operations. The operations and accounts of these branches and counter are maintained separately from the mainstream business of the respective banks. 2. The Genesis of Islamic Banking in Bangladesh Bangladesh inherited an interest based banking system right from the British Council period and employment of the Muslimas in banks was more or less restricted. -
Beacon 2018 College Building
BEACON 2018 COLLEGE BUILDING BEACON 2018 A PICTORIAL YEAR BOOK NATIONAL DEFENCE COLLEGE MIRPUR CANTONMENT, DHAKA, BANGLADESH Contents Editorial Board 07 Commandant’s Message 09 Governing Body 10 Family Album 11 Course Opening 47 Guest Speakers 51 Internal Visits 81 Miscellaneous Activities 107 Social and Cultural Activities 120 Overseas Study Tour 132 Graduation Dinner 148 Graduation Ceremony 152 Editorial Board Lt Gen Sheikh Mamun Khaled SUP, rcds, psc, PhD Chief Patron Col Shahriar Zaman, afwc, psc, G Lt Col A S M Badiul Alam, afwc, psc, G+, Arty Editor Associate Editor Maj Lasker Jewel Rana, psc, Inf Lt Cdr Israth Zahan, (ND), BN Asst Dir Md. Nazrul Islam Assistant Editor Assistant Editor Assistant Editor BEACON 2018 │ 7 Commandant’s Message 8 │ BEACON 2018 I am extremely delighted to see the 18th issue of Pictorial Yearbook of NDC “BEACON”, which has quite vividly portrayed the glimpses of courses curricula and activities conducted in the National Defence College (NDC). I am sanguine that the Course Members, the faculty, staff and the alumni alike would love to scan down this pictorial book to stroll through the nostalgic and colourful memory lane. All concerned will find this magazine as a treasure trove of happy memories. NDC is the premier national institution in Bangladesh, a centre of excellence conducting training, research and education on defence, security, strategy and development studies. With the passage of time this prestigious institution has developed into an important training institution for the selected senior military and civil services officers from home and abroad on national and international security related matters as well as to impart training to mid-ranking military officers of Bangladesh Armed Forces on war studies. -
Annual Report 2014 1 Contents
ANNUAL REPORT 2014 1 CONTENTS BUSINESS DIVISION HIGHLIGHTS SME Banking Division 69 Retail Banking Division 70 Corporate Banking Division 72 Treasury and Financial Institutions 74 Corporate Governance 75 Green Banking Disclosure 92 Service Excellence 94 Corporate Social Responsibility 95 Risks and Concerns 97 Pattern of Shareholding 98 Board Audit Committee 99 Risk Management Committee 107 Financial Statements 111 Glimpses of Last AGM 235 Branch, Krishi Branch & SME Sales & Service Center Addresses 237 Attendance Slip & Proxy Form 247 CONTENTS Letter of Transmittal 02 Forward Looking Statement 03 Notice of the 16th Annual General Meeting 04 Corporate Vision, Mission and Core Values 05 Corporate Chronicle and information 06 Chairman’s Message 08 Managing Director & CEO’s Message 16 Directors' Report 21 Our Performance 40 Disclosures on Risk Based Capital (Basel II) 42 Board of Directors 53 Management Committee 64 BUSINESS DIVISION HIGHLIGHTS SME Banking Division 69 Retail Banking Division 70 Corporate Banking Division 72 Treasury and Financial Institutions 74 Corporate Governance 75 Green Banking Disclosure 92 Service Excellence 94 Corporate Social Responsibility 95 Risks and Concerns 97 Pattern of Shareholding 98 Board Audit Committee 99 Risk Management Committee 107 Financial Statements 111 Glimpses of Last AGM 235 Branch, Krishi Branch & SME Sales & Service Center Addresses 237 Attendance Slip & Proxy Form 247 LETTER OF TRANSMITTAL To All Shareholders Bangladesh Bank Bangladesh Securities and Exchange Commission Registrar of Joint Stock Companies & Firms Dhaka Stock Exchange Limited Chittagong Stock Exchange Limited Dear Sir(s), Annual Report for the year ended December 31, 2014 We are pleased to enclose a copy of the Annual Report, together with the Audited Financial Statements of BRAC Bank Limited as on December 31, 2014 for your kind information and record. -
(KABBADI)Sports
Healing Initiative Leadership Linkage (HILL) Student Magazine: Country Name BANGLADESH World without Borders Monthly update: <Date> Current News: - Rohingya Muslim refugees face fresh misery as Bangladesh welcome runs out. Host Editor NAVANEETH KRISHNA M Country Editor: Music (BANGLADESHI) Art (BANGLADESHI) (KABBADI)Sports Youth Excellence & Leader: What is catching the attention of your youth? Attentions of Bangladesh youths. Healing Initiative Leadership Linkage (HILL) Student Magazine World without Borders Strategy Country challenges and opportunities Constitution rights and Duties Good governance and human rights. Constitution rights Climate change and geopolitical challenges. Bangladesh is enshrined Impressive economic growth – and constraints. as fundamental rights in Part III of Working conditions and labor rights. the Constitution of Bangladesh. External assistance from development partners. However, constitutional and legal experts believe many of the country's laws require reform to enforce fundamental rights and reflect democratic values of the 21st century. Conflicts- Possible Compromise Bangladesh has experienced significant terrorism conducted by a number of radical local Islamist and communist organizations. Islamic extremistConflicts- Possible militant Compromise organizations have risen to prominence through Constitution duties. assassinations, hostage takings and bomb attacks. 1. Constitution and the laws, to maintain discipline, to perform public duties and to protect public property. United Nations voting record -
University of Dhaka Four Year Bachelor of Social Science (Honours) Program Course Outline Under Year System Session: 2017-2018 to 2021-2022
Syllabus of Political Science For Affiliated Seven Colleges under University of Dhaka Four Year Bachelor of Social Science (Honours) Program Course Outline under Year System Session: 2017-2018 to 2021-2022 1 Course Code and Course Title at a Glance Session: 2017-2018 to 2021-2022 FIRST YEAR PS 101: Ancient and Medieval Western Political Thought PS 102: Political Theory and Organization PS 103: Government and Politics: UK, USA and France PS 104: Principles of Sociology PS 105: Modern Western Political Thought PS 211501: History of the Emergence of Independent Bangladesh PS 107: Socio-Political and Constitutional Development in British India (1757 to 1947) PS 108: Public Administration in Bangladesh SECOND YEAR PS 201: Oriental Political Thought PS 202: International Politics: Theory and Practice PS 203: Socio-Political and Constitutional Development in Pre-Independent Bangladesh (1947-1971) PS 204: Qualitative Approaches to the Study of Politics PS 205: Quantitative Research Methods in Political Science PS 206: Local Governance and Rural Development in Bangladesh PS 207: Principles of Economics PS 208: Principles of International Trade and Finance THIRD YEAR PS 301: Political and Constitutional Development in Bangladesh (1971-till date) PS 302: Politics, Power and Corruption PS 303: International Politics since World War II PS 304: Government and Politics in Middle East PS 305: Political Economy of Bangladesh PS 306: Democracy and Democratization PS 307: Gender and Politics in Bangladesh PS 308: Government and Politics in South Asia FOURTH -
October-December 2020 Islamic Banking Cell
Developments of Islamic Banking in Bangladesh1 October-December 2020 Islamic Banking Cell Research Department Bangladesh Bank 1Prepared by Islamic Banking Cell, Research Department, Bangladesh Bank (The Central Bank of Bangladesh). Feedbacks are welcome. Feedbacks may be sent to Md. Golzare Nabi, General Manager, Research Department, Bangladesh Bank. (E-mail: [email protected]), Md. Jasim Uddin, Deputy General Manager, E-mail: [email protected], Md. Mokhlesur Rahman, Joint Director (E-mail: [email protected]) and Md. Alamin, Assistant Director (E-mail: [email protected]) 1 Developments of Islamic Banking in Bangladesh October-December 2020 Islamic financial sector continues to grow globally following its risk sharing, resilience, inclusive and real asset backed transactions features. In Bangladesh, Islamic banking sector has also recorded robust growth due to policy supports from Bangladesh Bank and public demand. Recently Bangladesh Bank on behalf of the Government has issued sovereign investment sukuk which will smooth liquidity management of Islamic banks, help financing budget deficit and promote Islamic capital markets to raise funds for infrastructure and industrial projects towards achiving higher inclusive GDP growth including sustainable development goals (SDGs). At the end of December 2020, Bangladesh’s 8 full-fledged Islamic banks have been operating with 1311 branches out of total 10752 branches of the whole banking sector. In addition, 19 Islamic banking branches of 9 conventional commercial banks and 198 Islamic banking windows of 14 conventional commercial banks are also providing Islamic financial services in Bangladesh. It may be mentioned here that One Bank and UCB Bank have also started offering Islamic Shariah compliant financial services through dedicated windows.