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  • History of Ba

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    Bangladesh remains a poor, overpopulated, and inefficientlygoverned nation. The economy has grown 5-6% per year since 1996 despite political instability, poor infrastructure, corruption, insufficient power supplies. 45% of Bangladeshis are employed in the agriculture sector, with rice as the single-most-important product.

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    Bangladesh remains a poor, overpopulated, and inefficientlygoverned nation. The economy has grown 5-6% per year since 1996 despite political instability, poor infrastructure, corruption, insufficient power supplies. 45% of Bangladeshis are employed in the agriculture sector, with rice as the single-most-important product.

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    6 views2 pages

    History of Ba

    Uploaded by

    rahmanbd
    Bangladesh remains a poor, overpopulated, and inefficientlygoverned nation. The economy has grown 5-6% per year since 1996 despite political instability, poor infrastructure, corruption, insufficient power supplies. 45% of Bangladeshis are employed in the agriculture sector, with rice as the single-most-important product.

    Copyright:

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    of 2

    History

    Foundation: 2001.

    Industry: Financial services

    Type: Limited company

    Employees: 7000 approximately

    Achievements

    ∗ Awarded as the Sustainable Bank of the Year in 2010.

    ∗ Awarded as pioneer in SME banking by introducing SME Banking services for the first

    time
    Economic Analysis

    Economic Analysis

    Overall economic overview of Bangladesh: Bangladesh remains a poor, overpopulated, and inefficiently-

    governed nation. The economy has grown 5-6% per year since 1996 despite political instability, poor

    infrastructure, corruption, insufficient power supplies, and slow implementation of economic reforms.

    Although more than half of GDP is generated through the service sector, 45% of Bangladeshis are

    employed in the agriculture sector, with rice as the single-most-important product. Bangladesh's growth

    was resilient during the 2008-09 global financial crisis and recession. On the expenditure side, private

    consumption accounts for about three-quarters of GDP while investment accounts for about one-quarter

    of GDP. Bangladesh’s net imports of goods and services are equivalent to a deficit of about 7% of GDP

    each year. This is financed by remittances and foreign financial assistance.

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