CHAPTER 1. INTRODUCTION AND GENERAL INSTRUCTIONS 1.1 Introduction: NBFIs include all depository and non-depository financial institutions. The NBFIs which have the authority to receive deposits are treated as Non-bank Depository Corporations (NBDCs). As the NBDCs are the part of NBFIs, so in the first part of this guideline all definitions, explanations, interpretations and illustrations have [...]

Agent Banking:  In exercise of the powers conferred to Bangladesh Bank in Section 45 of the Bank-Company Act, 1991 (Act no. XIV of 1991), the following guidelines are hereby made:   PART I: PRELIMINARY Short Title These guidelines may be called as the “Prudential Guidelines for Agent Banking Operation in Bangladesh”. Interpretations As used in [...]

Swiss National Bank maintains expansionary monetary policy: The coronavirus pandemic and the measures implemented to contain it have led to a severe downturn in economic activity and a decline in inflation both in Switzerland and abroad. The SNB’s expansionary monetary policy remains necessary to ensure appropriate monetary conditions in Switzerland. The SNB is keeping the [...]

Union Bank of India (UBI) is one of India's largest state-run banks. The Bank is firmly committed to consolidating and maintaining its identity as a leading, innovative commercial Bank, with a proactive approach to the changing needs of the society. UBI has international offices in Abu Dhabi (UAE), Shanghai (PRC) and Sydney (Australia). Union Bank has [...]

UCO Bank is a major government-owned commercial bank of India.. Its Board of Directors consists of government representatives from the Government of India and Reserve Bank of India as well as eminent professionals like accountants, management experts, economists, businessmen, etc. UCO Bank offers current accounts, saving accounts, fixed deposits, accounts in foreign currency, salary accounts, and fee collection [...]

Tamilnad Mercantile Bank Ltd. (TMB) is one of the strongest scheduled commercial banks from South India. The Bank has one of the strongest financial positions and it boasts of a very high CAR as per Basel II norms. TMB has geographical presence in 14 states and 5 Union Territories. As on March 31, 2015, the Bank [...]

Hryvnia (UAH)

Turkish Lira (TRL)

Thai Baht (THB)

Mr. Aditya Puri is the Managing Director of HDFC Bank since its inception in 1994. His vision was to create a “World Class Indian Bank”. And, he did. HDFC Bank is one of India’s top banks and a truly World Class Indian Bank for many years now.  During his 24 years at the helm, Mr. […]

Bandhan Bank worldbanks.news   Mr Ghosh has been one of foremost proponents of microfinance in India. He has more than 30 years of experience in the microfinance and development terrain. He founded Bandhan in 2001 as a not-for-profit enterprise that stood for financial and women empowerment through sustainable livelihood creation. He was on the forefront [...]

ROBIN FLEMING, CSM, MBA, MMGT Chief Executive Officer. Director since April 2013. Robin Fleming was appointed CEO of Bank of South Pacific Ltd in April 2013. Before his appointment as CEO, he had been Deputy CEO and Chief Risk Officer since 2009. Prior to that, Mr Fleming held senior executive roles as Chief Risk Officer, [...]

China

China

Japan

UK

UK

Switzerland

Canada

USA

USA

CHAPTER 1. INTRODUCTION AND GENERAL INSTRUCTIONS 1.1 Introduction: NBFIs include all depository and non-depository financial institutions. The NBFIs which have the authority to receive deposits are treated as Non-bank Depository Corporations (NBDCs). As the NBDCs are the part of NBFIs, so in the first part of this guideline all definitions, explanations, interpretations and illustrations have [...]

Agent Banking:  In exercise of the powers conferred to Bangladesh Bank in Section 45 of the Bank-Company Act, 1991 (Act no. XIV of 1991), the following guidelines are hereby made:   PART I: PRELIMINARY Short Title These guidelines may be called as the “Prudential Guidelines for Agent Banking Operation in Bangladesh”. Interpretations As used in [...]

Swiss National Bank maintains expansionary monetary policy: The coronavirus pandemic and the measures implemented to contain it have led to a severe downturn in economic activity and a decline in inflation both in Switzerland and abroad. The SNB’s expansionary monetary policy remains necessary to ensure appropriate monetary conditions in Switzerland. The SNB is keeping the [...]

Egypt

South Africa

South Africa

 12 - 18 Dec 2020 Washington DC, USA The Spring Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic [...]

  Financial Events   Singapore FinTech Festival 09 – 13 Nov 2020       Date: 09 – 13 Nov 2020 Venue: Singapore Expo, Singapore   “The world’s largest platform for the global FinTech community” Singapore FinTech Festival is the largest Financial Technology event in the world, providing a platform for the FinTech community to connect, […]

  Financial Events   Arab African International Investment Forum 05 – 07 Oct 2020       Date: 05 – 07 Oct 2020 Venue: Jeddah International Exhibition and Convention Center, Jeddah, Saudi Arabia   “Small investments … Big opportunity” Providing a giant platform through an international African trade exhibition to showcase the investment opportunities in the Industrial, […]

Background: The Banking Companies Act, 1991 was enacted in February 1991 in order to make the role of Bangladesh Bank in dealing with licensing, monitoring, regulating and supervising the banking sectors. The Act was subsequently amended 3 (three) times in 1993, 1995 and 2013 which empowers Bangladesh Bank further.   Definition: Banking Company: "Banking Company" [...]

Policy Highlights: Central Bank News' Global Monetary Policy Highlights (GMPH) provides readers with an overview of key events in global monetary policy, such as new policy initiatives, a switch in policy bias, key rate changes or important speeches and papers.   GMPH includes a summary of each month’s total rate cuts and rate rises with a list [...]

Easier or Tighter ? Another four central banks cut their key interest rates during the first week of August - Georgia, Romania, Brazil and Moldova - boosting the number of rate cuts this year to 222.   But Brazil's central bank became the latest bank on Aug. 5 to take its foot off the gas [...]

CHAPTER 1. INTRODUCTION AND GENERAL INSTRUCTIONS 1.1 Introduction: NBFIs include all depository and non-depository financial institutions. The NBFIs which have the authority to receive deposits are treated as Non-bank Depository Corporations (NBDCs). As the NBDCs are the part of NBFIs, so in the first part of this guideline all definitions, explanations, interpretations and illustrations have [...]

Agent Banking:  In exercise of the powers conferred to Bangladesh Bank in Section 45 of the Bank-Company Act, 1991 (Act no. XIV of 1991), the following guidelines are hereby made:   PART I: PRELIMINARY Short Title These guidelines may be called as the “Prudential Guidelines for Agent Banking Operation in Bangladesh”. Interpretations As used in [...]

Mr. Aditya Puri is the Managing Director of HDFC Bank since its inception in 1994. His vision was to create a “World Class Indian Bank”. And, he did. HDFC Bank is one of India’s top banks and a truly World Class Indian Bank for many years now.  During his 24 years at the helm, Mr. […]