Features of Foreign Trade

Features of   Foreign Trade Features of   Foreign Trade Features of   Foreign Trade The nature and characteristics or features of Foreign Trade are:- Large scale operations : In Foreign Trade, all the operations are conducted on a very vast scale. Production and marketing activities are conducted on a big scale. It first sells its goods in the local market. Then the excess goods are exported.   Intergration of economies : Foreign Trade integrates (combines) the economies Read more [...]

BD Bank Links

BD Bank Links           BD Bank Name Web Links AB Bank Limited http://www.abbl.com Agrani Bank Limited http://www.agranibank.org Al-Arafah Islami Bank Limited http://www.al-arafahbank.com/ Bangladesh Commerce Bank Limited http://www.bcbl-bd.com Bangladesh Development Bank Limited http://www.bdbl.com.bd Bangladesh Krishi Bank http://www.krishibank.org.bd Bank Al-Falah Limited http://www.bankalfalah.com Bank Read more [...]

Monthly data of Wage earner’s remittance

Monthly data of Wage earner's remittance   Bangladesh Remittances 2012-2014 Remittances in Bangladesh increased to 1480 USD Million in July of 2014 from 1286.37 USD Million in June of 2014. Remittances in Bangladesh averaged 1190.77 USD Million from 2012 until 2014, reaching an all time high of 1480 USD Million in July of 2014 and a record low of 1005.80 USD Million in August of 2013. Remittances in Bangladesh is reported by the Bangladesh Bank. Year/Month Remittances In Read more [...]

BANKING RELATED TERMS

BANKING RELATED TERMS 1.WHAT IS SWIFT: SWIFT stands for Society of World Wide Inter bank Financial Telecommunication. It is a communication system that advices member banks to transfer funds from one member to another. It is not a payment system, but an information and instruction network. Based in Brussels, the SWIFT network of terminals links thousand five hundred banks in Europe, USA, Africa, Asia, Australia and Latin America. 2.WHAT IS SWAP: The means by which a barrower can exchange the Read more [...]

The Companies Act, 1994

The Companies Act, 1994 The Companies Act,1994 Name:     The Companies Act,1994 Title:     The Companies Act,1994 Act Number:     18 of 1994 Summary:     This law is related to the formation, registration, management, winding-up of companies and other matters therewith. Ministry:     Ministry of Commerce Agency:     Office of the Registrar of Joint Stock Companies Sub Agency: Date of Issue:     Wednesday, 19 April 1950Monday, 12 September 1994 Date in Force:    Read more [...]

Reasons of Classification

Reasons of Classification    This report reviews loan classification and provisioning practices in a broad sample of countries that differ in size, location and level of financial development. The survey conducted for the report compares the regulatory approaches adopted by industrial and emerging economies, and is intended to complement other sources of information that focus exclusively on either industrial or developing countries. It covers classification of individual and multiple Read more [...]

The Bank Companies Act, 1991

The Bank Companies Act, 1991 This is the act which is meant for Commercial Banks and the Central Bank of the country as well. It is mandatory for all banks to abide by the provisions of this Act. This Act has given necessary power to the Central Bank to control the Commercial Banks and Specialized Banks in line with its monetary policy. This Act has 124 Sections.   Important Sections of the Act  Section – 5 : Definition of different terminologies/concept a)      “Company” Read more [...]

Foreign Exchange Regulation Act, 1947

Foreign Exchange Regulation Act, 1947 Act No. vii of 1947, 11th March, 1947 1. Section – 2 :   Definition of terms A)    Authorized Dealer – means a person authorized under section 3 to deal in foreign exchange. B)    Foreign Currency – means any currency other than Bangladesh Currency. C)    Foreign Exchange means foreign currency and foreign instrument.   2. Section – 3 :   Against application , BB can authorize any person to deal in foreign exchange.  3. Read more [...]

Al-Arafah Bank Branch

Al-Arafah Bank Branch Dhaka Division | Chittagong Division | Sylhet Division | Khulna Division Rajshahi Division           Barisal Division | Rangpur Division     Dhaka Division 1. Abdullahpur SME Branch Md. Helal Uddin PO Minnat Plaza, Abdullahpur Bazar, Abdullahpur, Keranigonj, Dhaka 1311 Ph: 01825-920092,01713810082, 01916152104 Fax: 2. Ati Bazar Branch Monirul Islam Bhuiyan SPO Manik Plaza, Ati Bazar, Keranigonj,Dhaka. Ph: 7769168, 7769169, Read more [...]

Agrani Bank Branch

Agrani Bank Branch     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z   Branch Name Address Phone AKHAURA SARAK BAZAR, AKHAURA AKHAURA 3450 B.BARIA 08522-56076 ASHUGONJ ASHUGAJ BAZAR ASHUGANJ ASHUGANJ 3402 B.BARIA 01819-412986 AZIZ NAGAR AZIZ NAGAR AZIZ NAGAR LAMABANDARBAN 1819345107 AMTALI SADAR AMTALI AMTALI 8710 BARGUNA 04452-56014 AMNURA AMNURA AMNURA NAWABGANJ 6303 Ch.N.GONJ 1819750379 ASADGANJ Read more [...]

AB Bank Branch

AB Bank Branch   All users or customers to know the location of AB Bank Branch location. To fulfill their requirement of the customers we enclosed below the branch name and address: Dhaka Division   Dhaka Division Branch Name Address   Ashuganj Kashem Plaza, Ashuganj Sadar,BrahmanbariaTel: 08528-74575, 08528-74574, 01195016405Email: ashumg@abbl.com Mnemonic: ASHU Code: 4135 Routing Number: 020120102 Opening: 19.06.2011         Banani S. Read more [...]