May
Bangladesh bank,
the central bank and monetary authority of the country. It came into
existence under the Bangladesh Bank Order 1972 (Presidential Order No.
127 of 1972) which took effect on 16 December 1971 and operate the bank
of Pakistan .the bank go of the Pakistan but Pakistan thing not
development in Bangladesh .From introduction to end this order, the
entire operation of the former State Bank of Pakistan in the eastern
wing was transferred to Bangladesh Bank .
Bangladesh Bank performs all the functions that a central bank of any
country is expected to perform, and such functions include maintaining
the price stability through economic and monetary policy measures,
managing the country is foreign exchange and the gold reserve and
regulating the banking sector of the country. Bangladesh bank is a
Government bank. Like all other central banks across the globe,
Bangladesh Bank is both the Government is banker and the banker is bank,
a “Lender of the Last Resort”. Bangladesh Bank, nice most of the
central banks of different countries different branch, exercises
monopoly over the issue of money and the banknotes. Except for the 1 and
2
taka notes, it issues all other denominations of many.
Government State owned Commercial Banks of Bangladesh
Bangladesh Banks
The banking system of Bangladesh is dominated by the 4 Nationalized
Commercial Banks In which 3 is totally controlled by government and 1
bank is controlled by both government and private sector .this bank is
Rupali Bank
. Which together controlled more than 54% of deposits in Bank and
operated 3388 branches as of December 31, 2004. The nationalized
commercial
banks are:
