Bangladesh Bank

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Bangladesh Bank

  

There are number of banks in Bangladesh including grameen bank, standard chartered bank, islamic Bank, hsb bank Dhaka Bangladesh. Bangladesh Bank came into existence in December 1971.

 

There are number of banks in Bangladesh including grameen bank, standard chartered bank, Islamic Bank, hsb bank Dhaka Bangladesh. Bangladesh Bank is the central bank of Bangladesh. After the liberation war and the independence of Bangladesh, the Government of Bangladesh reorganized the Dhaka branch of the State Bank of Pakistan as the central bank of the country and  named it Bangladesh Bank .

About Bangladesh Bank

Bangladesh Bank came into existence in December 1971. Bangladesh Bank is the central bank of Bangladesh. Bangladesh Bank performs all the functions, which a central bank of any country is expected to perform. These functions include maintaining the price stability, supporting the economic and monetary policies of the central government, managing the country's foreign exchange and the gold reserve. It exercises monopoly over the issue of currency and the banknotes. The general superintendence and direction of affairs and business of the Bank are entrusted to a nine number Board of Directors which consists of the governor as chairman, a deputy governor, three senior government officials and four persons having experience and proven capacity in the fields of banking , trade, commerce, industry or agriculture- all nominated by the government.  The Board which is the highest policy making body, meets at least six times  a year and at least once every quarter under the chairmanship of the governor. The Governor appointed by the government as the chief executive officer, directs and controls all the affairs of  the Bank on behalf of the Board.
  

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Bangladesh Bank

Official website of the central bank of Bangladesh. National economic data, periodical reposts, currency museum, notifications, press releases.





Comments

Md.Kamal Hossain  12/08/10 01.08.46
I need more information about bangladesh bank.

Add More Info About Bangladesh Bank

   
 
Last Updated :Monday, 4th July 2011, 1:52 pm EDT
 

 
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