BANKASIA: Bank Asia Limited

Bank Asia Ltd. engages in banking and financial solutions. It operates through the following segments: Conventional Banking, Islamic Banking, Off-Shore Banking Unit, Bank Asia Securities Ltd., BA Exchange Company (UK) Ltd., and BA Express USA Inc. The Conventional Banking segment offers conventional banking services through branches, and small medium enterprises service centers across the country. The Islamic Banking segment operates through Islamic windows and conventional branches through Salamah desk. The Off-Shore Banking Unit segment refers to one off shore banking unit in Chittagong. The Bank Asia Securities Ltd segment operates as a stock broker and stock dealer which execute buy and sale order, and maintain its own portfolio. The BA Exchange Company (UK) Ltd segment offers remittance services. BA Express USA Inc. segment has a license to receive money for transmission within the United State of America and abroad to transmit same pursuant to certain rule. The company was founded on September 28, 1999 and is headquartered in Dhaka, Bangladesh.



Another $25m IFC loan to a Bangladeshi company PRAN


International Finance Corporation (IFC), the private sector development arm of the World Bank Group, has provided yet another $25 million loan […]

Korean Export Processing Zone at serious risk


Instead of handing over the Korean Export Processing Zone (KEPZ) to the investor, the government of Bangladesh plans to take back […]

Dhaka needs to remove its rocky anti-FDI atmosphere

Korean Ambassador to Bangladesh Lee Yun-young

Korean Ambassador to Bangladesh Mr. Lee Yun-young has said Bangladesh should come out from protectionism and open up its market […]

‘Welfare Associations’ to negotiate for rights at Bangladesh EPZ

The Government of Bangladesh today approved, in principle, draft of a labour law for Export Processing Zones (EPZ) with the provision […]

Return of GSP seems far off – a lot more must be done

Bangladesh’s progress in implementation of the National Tripartite Plan of Action on Fire Safety and Structural Integrity (the Action Plan) which provides a […]

Bangladesh halts shutdown of “unsafe” factories

The Bangladeshi government is refusing to shut down garment factories declared unsafe, following a row with independent inspectors over the […]