Probashi Kallyan Bank
Company type | Government |
---|---|
Industry | Banking |
Founded | Dhaka, Bangladesh |
Headquarters | Dhaka, Bangladesh |
Key people | Md Wahiduzzaman Khandaker[1] (Managing Director) |
Products | Banking services Consumer Banking Corporate Banking Investment Banking |
Website | www |
Probashi Kallyan Bank is a state-owned bank in Bangladesh, a specialized financial institution for non-resident Bangladeshis.[2][3]
History
The Bank was started in 2010 by the Government of Bangladesh to provide financial services to oversea Bangladeshis.[4] It had a start up capital of 1 billion taka. 95 percent of the capital came from Wage Earners' Welfare Fund and five percent from the government of Bangladesh.[5] The bank has faced allegations of corruption and nepotism.[6]
References
- ^ "New chief for Probashi Kallyan Bank". thedailystar.net. The Daily Star. 11 September 2016. Retrieved 2 October 2016.
- ^ "Probashi Kallyan Bank will move to BB for soft loan to help overseas job seekers :: Financial Express :: Financial Newspaper of Bangladesh". print.thefinancialexpress-bd.com. The Financial Express. Retrieved 2 October 2016.
- ^ "Central bank opposes plan for new specialised bank". archive.dhakatribune.com. Dhaka Tribune. Retrieved 2 October 2016.
- ^ "Coming Back Home". thedailystar.net. The Daily Star. 30 January 2016. Retrieved 2 October 2016.
- ^ "International labour migration". thedailystar.net. The Daily Star. 5 February 2016. Retrieved 2 October 2016.
- ^ "Nepotism widespread in Probashi Kallyan Bank". archive.dhakatribune.com. Dhaka Tribune. Retrieved 2 October 2016.
External links