Name: Bangladesh Bank, Head Office
Address: PCGF+J7X, Dhaka, Bangladesh, BD

Bangladesh Bank, Head Office is a finance, located at PCGF+J7X, Dhaka, Bangladesh

Location :

PCGF+J7X, Dhaka

Added by Jopie, at 18 March 2017

Monday 10:00 AM – 6:00 PM
Tuesday 10:00 AM – 6:00 PM
Wednesday 10:00 AM – 6:00 PM
Thursday 10:00 AM – 6:00 PM
Friday Closed
Saturday Closed
Sunday 10:00 AM – 6:00 PM

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Partha Sarathi Sarker

17 January 2022

It is kind of a Bank of banks of Bangladesh. Bangladesh Bank, the main bank of Bangladesh, maintains all of the formalities and duties related to the economical and financial systems of government.
Rezae Rabby

16 December 2021

Central Bank of Bangladesh. Established at 1971. Now playing a vital role in financial sector of Bangladesh.
Masum Mohammad

06 December 2021

The central bank of Bangladesh and it is very nice place.
Shakawat Hossan

15 November 2021

One if the well organised and well maintained public office in Bangladesh.
Asif Hossain

31 August 2020

The central bank of Bangladesh Government. This is the head office.
Biswajit Chakraborty

27 May 2018

Bangladesh bank located very close to 'Motijheel Shapla Chattar'. It's central bank of Bangladesh. I am very happy with their service. Their staff very sincere & customer friendly. Almost all kinds of banking service available in this bank. They have huge variety of deposit products like DPS, FDR, Sonchaypatra, Prize bond etc.
Abs Rasel

23 May 2018

Its Central Bank of Bangladesh which is established in 16th December 1971. This the 3rd height building in terms of floor count. Its has 31 floor.
Different types monitoring and regulatory Department of Banks are here in different floor. Normally banks have to communicate with every department to submit their reports. Also authorized person from different bank comes here to receive letter/submit Reports/Discuss with different departments.
Thay mainly high security. You have to have ID card (Permanent / Visiting) to enter into the building. Visiting ID are served from ground floor.
Titu Sharma

28 April 2018

Bangladesh bank is located in Motijheel, Dhaka, Bangladesh. It is the central bank of Bangladesh. It playing good role to run other commercial bank.
Shohan Rahman

28 April 2018

Bangladesh Bank is the central bank of Bangladesh and is a member of the Asian Clearing Union.
The bank is active in developing green banking and financial inclusion policy and is an important member of the Alliance for Financial Inclusion. Bangladesh Financial Intelligence Unit (BFIU), a department of Bangladesh Bank, has got the membership of Egmont Group.
Md. Al-Amin

20 March 2018

The Bangladesh Bank performs all the functions that a central bank in any country is expected to perform. Such functions include maintaining price stability through economic and monetary policy measures, managing the country's foreign exchange and gold reserve, and regulating the banking sector of the country. Like all other central banks, Bangladesh Bank is both the government's banker and the banker's bank, a "lender of last resort". Bangladesh Bank, like most other central banks, exercises a monopoly over the issue of currency and banknotes. Except for the one, two, and five taka notes and coins which are the responsibility of the Ministry of Finance of the Government of Bangladesh.
KR Rumon

07 January 2018

BB is the central bank of Bangladesh. It has successfully implemented many beneficial steps.
Asim Das Amit

30 November 2017

Bangladesh Bank is the central bank of Bangladesh and is a member of the Asian Clearing Union. The bank is active in developing green banking and financial inclusion policy and is an important member of the Alliance for Financial Inclusion.
Ishtiak Ahmed

23 November 2017

Central Bank of Peoples Republic of Bangladesh. It controls, monitors commercial banks. Regulates them. Gives license to banks, branches, Authorized Dealers, Money Changers. It also work as control and compliance authority through audit and inspection.
Md Saiful Islam

29 October 2017

Nice highrise building.
Naim Hassan

16 October 2017

Bangladesh Bank is the central bank of Bangladesh. Its known as the guardian of the other banks. It controls the activities of the other banks.

Bangladesh Bank Issues currencies (Taka), It controls the money supply, maintains interest rates, maintains reserve, control inflation, set up exchange rate, control monetary policy as well as work as a adviser for overall economic activities of Bangladesh. It also known as central clearing house of the country.

Bangladesh Bank has supervisory and regulatory powers to ensure the solvency of member institutions, prevent bank-runs and prevent reckless or fraudulent behaviour by member banks. It also ensure customers satisfaction by monitoring each and financial institutions.

Currently Bangladesh bank has 10 branches including Central office Motijheel, Sadarghat, Barisal, Chittagong, Bogra, Khulna, Rangpur, Maymensingh, Slhyet & Rajshahi.
Taufiq Rana

08 October 2017

Central bank of Bangladesh. That specific 24 stored building is the height building in Bangladesh. This compund is actually head office but there is a local office incide.
Journalist Rokon

20 September 2017

Bangladesh Bank is the central bank of Bangladesh. It is the guardian of all banks of Bangladesh. Services are not bad.
Md. Monir Hossain Chowdhury

19 August 2017

Bangladesh Bank is the Central Bank Of Bangladesh. Its the Head Office of Bangladesh Bank. Its the controller of our all other banks. Its the best Bank of Bangladesh. Its control all types of Money market and economical decisions. Bangladesh bank is our pride.
Xerox Copy

05 August 2017

Bangladesh Bank, the central bank and apex regulatory body for the country's monetary and financial system, was established in Dhaka vide the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) with effect from 16th December, 1971. At present it has ten offices located at Motijheel, Sadarghat, Chittagong, Khulna, Bogra, Rajshahi, Sylhet, Barisal, Rangpur and Mymensingh in Bangladesh.
Andalib Rubayat

01 June 2017

central bank of bangladesh, beautiful tall building at motijheel visible from shapla chottor. .
A.K. Howlader

05 April 2017

Service acceptable. Good behave by bank staff.
Rafhan Räfhañ

03 April 2017

Reserve bank of bangladesh. 2nd largest building of bangladesh also.
Ahmed Sabbir

26 March 2017

After the Liberation War and the eventual independence of Bangladesh, the Government of Bangladesh reorganised the Dhaka branch of the State Bank of Pakistan as the central bank of the country, naming it Bangladesh Bank. This reorganisation was done pursuant to Bangladesh Bank Order, 1972, and the Bangladesh Bank came into existence retroactively from 16 December 1971.

The 1971 Mujib regime pursued a pro-socialist agenda. In 1972, the government decided to nationalise all banks to channel funds to the public sector and to prioritise credit to those sectors that sought to reconstruct the war-torn country – mainly industry and agriculture.[4] However, government control of the wrong sectors prevented these banks from functioning well. This was compounded by the fact that loans were handed out to the public sector without commercial considerations; banks had poor capital lease, provided poor customer service and lacked all market-based monetary instruments. Because loans were given out without commercial considerations, and because they took a long time to call a loan non-performing, and once they did, recovery under the erstwhile judicial system was so expensive, loan recovery was abysmally poor.[4][5] While the government made a point of intervening everywhere, it didn't set up a proper regulatory system to diagnose such problems and correct them. Hence, banking concepts like profitability and liquidity were alien to bank managers, and capital adequacy took a backseat.[5]

In 1982, the first reform program was initiated, wherein the government denationalised two of the six nationalised commercial banks and permitted private local banks to compete in the banking sector. In 1986, a National Commission on Money, Banking and Credit was appointed[5] to deal with the problems of the banking sector, and a number of steps were taken for the recovery targets for the nationalised commercial banks and development financial institutions and prohibiting defaulters from getting new loans. Yet the efficiency of the banking sector could not be improved.[4]

The Financial Sector Adjustment Credit (FSAC) and Financial Sector Reform Programme (FSRP) were formed in 1990, upon contracts with the World Bank. These programs sought to remove government distortions and lessen the financial repression.[5] Policies made use of the McKinnon-Shaw hypothesis, which stated that removing distortions augments efficiency in the credit market and increases competition.[4] The policies therefore involved banks providing loans on a commercial basis, enhancing bank efficiency and limiting government control to monetary policy only. FSRP forced banks to have a minimum capital adequacy, to systematically classify loans and to implement modern computerised systems, including those that handle accounting. It forced the central bank to free up interest rates, revise financial laws and increase supervision in the credit market. The government also developed the capital market, which was also performing poorly.

FSRP expired in 1996. Afterwards, the Government of Bangladesh formed a Bank Reform Committee (BRC), whose recommendations were largely unaddressed by the then-government.

Establishment

Bangladesh Bank, the central bank and apex regulatory body for the country's monetary and financial system, was established in Dhaka as a body corporate vide the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) with effect from 16 December 1971. At present it has ten offices located at Motijheel, Sadarghat, Chittagong, Khulna, Bogra, Rajshahi, Sylhet, Barisal, Rangpur and Mymensingh in Bangladesh; total manpower stood at 5807 (officials 3981, subordinate staff 1826) as of 31 March 2015.
এম. মিজানুর রহমান সোহেল

25 March 2017

Bangladesh Bank, the central bank and apex regulatory body for the country's monetary and financial system, was established in Dhaka as a body corporate vide the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) with effect from 16th December, 1971. At present it has ten offices located at Motijheel, Sadarghat, Chittagong, Khulna, Bogra, Rajshahi, Sylhet, Barisal, Rangpur and Mymensingh in Bangladesh; total manpower stood at 5807 (officials 3981, subordinate staff 1826) as on March 31, 2015.
Rabi Hasan

25 March 2017

Bangladesh Bank (Bengali: বাংলাদেশ ব্যাংক) is the central bank of Bangladesh and is a member of the Asian Clearing Union.
The bank is active in developing green banking and financial inclusion policy and is an important member of the Alliance for Financial Inclusion.] Bangladesh Financial Intelligence Unit (BFIU), a department of Bangladesh Bank, has got the membership of Egmont Group.
Bangladesh Bank is the first central bank in the world to introduce a dedicated hotline (16236) for the general populace to complain any banking related problem. Moreover, the organisation is the first central bank in the world to issue a "Green Banking Policy". To acknowledge this contribution, then-governor Dr. Atiur Rahman was given the title 'Green Governor' at the 2012 United Nations Climate Change Conference, held at the Qatar National Convention Centre in Doha .

After the Liberation War and the eventual independence of Bangladesh, the Government of Bangladesh reorganised the Dhaka branch of the State Bank of Pakistan as the central bank of the country, naming it Bangladesh Bank. This reorganisation was done pursuant to Bangladesh Bank Order, 1972, and the Bangladesh Bank came into existence retroactively from 16 December 1971.
The 1971 Mujib regime pursued a pro-socialist agenda. In 1972, the government decided to nationalise all banks to channel funds to the public sector and to prioritise credit to those sectors that sought to reconstruct the war-torn country – mainly industry and agriculture. However, government control of the wrong sectors prevented these banks from functioning well. This was compounded by the fact that loans were handed out to the public sector without commercial considerations; banks had poor capital lease, provided poor customer service and lacked all market-based monetary instruments. Because loans were given out without commercial considerations, and because they took a long time to call a loan non-performing, and once they did, recovery under the erstwhile judicial system was so expensive, loan recovery was abysmally poor. While the government made a point of intervening everywhere, it didn't set up a proper regulatory system to diagnose such problems and correct them. Hence, banking concepts like profitability and liquidity were alien to bank managers, and capital adequacy took a backseat.
In 1982, the first reform program was initiated, wherein the government denationalised two of the six nationalised commercial banks and permitted private local banks to compete in the banking sector. In 1986, a National Commission on Money, Banking and Credit was appointed to deal with the problems of the banking sector, and a number of steps were taken for the recovery targets for the nationalised commercial banks and development financial institutions and prohibiting defaulters from getting new loans. Yet the efficiency of the banking sector could not be improved.
The Financial Sector Adjustment Credit (FSAC) and Financial Sector Reform Programme (FSRP) were formed in 1990, upon contracts with the World Bank. These programs sought to remove government distortions and lessen the financial repression. Policies made use of the McKinnon-Shaw hypothesis, which stated that removing distortions augments efficiency in the credit market and increases competition. The policies therefore involved banks providing loans on a commercial basis, enhancing bank efficiency and limiting government control to monetary policy only. FSRP forced banks to have a minimum capital adequacy, to systematically classify loans and to implement modern computerised systems, including those that handle accounting. It forced the central bank to free up interest rates, revise financial laws and increase supervision in the credit market. The government also developed the capital market, which was also performing poorly.
FSRP expired in 1996. Afterwards, the Government of Bangladesh formed a Bank Reform Committee (BRC), whose recommendations were largely unaddressed by the then-government.