Bangladesh Bank

May 19, 2018
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Bangladesh Bank provides services the people in many ways. The name of the central Bank of Bangladesh is Bangladesh Bank. Bangladesh Bank was established in 1972. Bangladesh Bank is the head regulatory body for the financial system and monetary system of Bangladesh.

Bangladesh Bank works as banker of government. It formulates and implements credits and monetary policies. Beside the observation of financial system of Bangladesh; Bangladesh Bank manages deposit insurance scheme, implants foreign exchange regulation Act, manages country reserves, currency notes and issuance, regulate and supervise the payment system. Bangladesh Bank also prevents money laundering.

Between three sectors as Formal sector, Semi-Formal Sector and Informal Sector the financial system of Bangladesh is embraced. Formal Sector includes all synchronized institution micro financial institution, bank, financial institutions, merchant banks etc. The semi formal sector is basically characterized by specialized financial institutions like Samabay Bank, Gremeen Bank, Palli Karma etc as well as Non Government Organizations. All private unregulated intermediaries are included here.

Bangladesh Bank has ten offices situated at Chittagong, Dhaka (Motijheel, Sadarghat), Rajshahi, Sylhet, Khulna, Barisal, Bogra, Mymensing and Rangpur. Bangladesh Bank stands with at list 5807 staffs.

Main international reserves of Bangladesh Bank are Bank credit and deposit, transaction with the IMF, foreign aid receipt and debt repayments etc. Bangladesh bank also manages commodity wise export and import shipment statistics, service and income account.

Bangladesh Bank maintains overall activities in export and import yield like position of export receipts, commodity-wise export receipts, country wise export receipts, Export Processing Zone (EPZ), declared exchange rates, cost of funds of NBFIs, foreign direct investments ,money supply, monetary survey, aggregates of national income, remittance inflow, interest rate etc.

In import sector Bangladesh Bank maintains total import payments by territories, categorized import payments, LC, import rice and wheat etc. Bangladesh Bank is the head of the banks of Bangladesh offers all facilities of financial stabilities for both individuals and organizations.

More Information About Bangladesh Bank, Click on Tabs:

  • Established 1972
    SWIFT
    Product & Service Banking
    Facebook Facebook Page
    Address: Bangladesh Bank Head Office,Annex 2 Building,Dhaka
    Contact Number: 16236, Fax : 88-02-9511771, 02-55665001
    Website www.bb.org.bd
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  • Name:  Bangladesh Bank
    Address:  Bangladesh Bank Head Office,Annex 2 Building,Dhaka
    Contact Number:  16236, Fax : 88-02-9511771, 02-55665001
    Email  bb.cipc@bb.org.bd
    Website:  www.bb.org.bd

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