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Bangladesh Development Bank

National Treasuries and Fiscal Authorities

Bangladesh Development Bank PLC is a state owned commercial bank in Bangladesh, formed on January 3, 2010 as a public limited company through the merger of two earlier development finance institutions, the Bangladesh Shilpa Bank and the Bangladesh Shilpa Rin Sangstha. Wholly owned by the Government of Bangladesh, it extends financial assistance for industrial development alongside ordinary commercial banking services, operating 51 branches nationwide and serving as a development partner to both public and private financial sectors with long, medium, and short term financing. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/

Facts
Founding Year
2009 1
Founding Date
2009-11-16 1
Classification
Institution Subtype
Development Bank 1
Geography
Country or Jurisdiction Served
Bangladesh 1
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Source Bangladesh Development Bank (Wikipedia)Lead paragraph
Quote, Lead paragraph
Bangladesh Development Bank PLC. (Bengali: বাংলাদেশ ডেভেলপমেন্ট ব্যাংক পিএলসি.) is a state-owned commercial bank in Bangladesh.
Sources
1. Bangladesh Development Bank (Wikipedia)
  • Formation section, first sentence
    the Bangladesh Development Bank Limited (BDBL) was incorporated on 16 November 2009 as a Public Company Limited by shares under the Companies Act 1994
  • lead paragraph, sentence beginning: (Bengali: বাংলাদেশ ডেভেলপমেন্ট ব্যাংক পিএলসি.) is a state-ow
    (Bengali: বাংলাদেশ ডেভেলপমেন্ট ব্যাংক পিএলসি.) is a state-owned commercial bank in Bangladesh.
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