Thursday, March 17, 2011

Bangladesh commerceBank LTD

Bangladesh Commerce Bank Ltd. (BCBL) was established by reorganizing former Bangladesh Commerce and Investment Ltd. (BCIL). BCIL was an investment company and continued its business till April'92. Consequent upon its liquidity crisis, Bangladesh Bank suspended its business in April'92. Aa a result the investors suffered a lot and the employees of the company became Jobless. They launched a movement for reopening the Company in some form or other. Ultimately to safeguard the interest of the depositors, employees and the general public, the Government of Bangladesh intervened and The Parliament passed Act No. I2 Of 1997 for the establishment of Bangladesh Commerce Bank Ltd.
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1 comment:

  1. UnknownJanuary 16, 2013 at 3:20 PM

    The post seems a little bit off. You could make it far better next time. you ought to focus more on the subject.satsanga.tv

    ReplyDelete

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