Karmasangsthan Bank

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Karmasangsthan Bank
TypeState owned
IndustryBanking
FoundedDhaka, Bangladesh
HeadquartersDhaka, Bangladesh
Key people
Kaniz Fatema NDC (Chairman)
Shirin Akhter (Managing Director)
ProductsBanking services
Consumer Banking
Corporate Banking
Investment Banking
Increase
WebsiteKarmasangsthan Bank

Karmasangsthan Bank (lit.'Employment Bank') is a specialised government owned bank in Bangladesh. The bank was founded to finance the unemployed to set up small enterprises.[1][2]

History[]

The bank was founded in 1998, with an approved capital of 3 billion taka. The Karmasangsthan Bank was established as per Karmasangsthan Bank Act No.7 of 1998. [1] The bank was founded to increase income of people in rural areas of Bangladesh.[3]

External links[]

References[]

  1. ^ a b Mazid, Muhammad Abdul. "The Karmasangsthan Bank". Banglapedia. Retrieved 17 November 2016.
  2. ^ Sultana, Sayma (12 November 2016). "Entrepreneurship: A solution for unemployment". The Financial Express. Bangladesh. Retrieved 19 May 2020.
  3. ^ "Central bank opposes plan for new specialised bank". Dhaka Tribune. Retrieved 17 November 2016.


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