Karmasangsthan Bank

Karmasangsthan Bank (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]

Karmasangsthan Bank
State owned
IndustryBanking
FoundedDhaka, Bangladesh
HeadquartersDhaka, Bangladesh
ProductsBanking services
Consumer Banking
Corporate Banking
Investment Banking
WebsiteKarmasangsthan Bank

History

The bank was founded in 1998, with an approved capital of 3 billion taka.[1] The bank was founded to increase income of people in rural areas of Bangladesh.[3]

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References

  1. Mazid, Muhammad Abdul. "The Karmasangsthan Bank". en.banglapedia.org. 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". archive.dhakatribune.com. Dhaka Tribune. Retrieved 17 November 2016.
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