The processes and procedures used by an organization's management to exercise

financial control and accountability. These measures include recording, verification, and
timely reporting of transactions that affect revenues, expenditures, assets, and liabilities. A
financial system plays a vital role in the economic growth of a country. It intermediates
between the flow of funds belonging to those who save a part of their income and those who
invest in productive assets. It mobilises and usefully allocates scarce resources of a country.

A financial system is a complex, well-integrated set of sub-systems of financial

institutions, markets, instruments, and services which facilitates the transfer and allocation of
funds, efficiently and effectively.

The financial systems of most developing countries are characterized by coexistence

and cooperation between the formal and informal financial sectors. This coexistence of these
two sectors is commonly referred to as „financial dualism.‟ The formal financial sector is
characterized by the presence of an organized, institutional, and regulated system which
caters to the financial needs of the modern spheres of economy; the informal financial sector
is an unorganized, non-institutional, and non-regulated system dealing with the traditional
and rural spheres of the economy.

The semi-formal sector includes those institutions which are regulated otherwise but do
not fall under the jurisdiction of Central Bank, Insurance Authority, Securities and Exchange
Commission or any other enacted financial regulator. This sector is mainly represented by
Specialized Financial Institutions like House Building Finance Corporation (HBFC), Palli
Karma Sahayak Foundation (PKSF), Samabay Bank, Grameen Bank etc

The informal financial sector has emerged as a result of the intrinsic dualism of economic
and social structures in developing countries, and financial repression which inhibits the
certain deprived sections of society from accessing funds. The informal system is
characterized by flexibility of operations and interface relationships between the creditor and
the debtor. The advantages are: low transaction costs, minimal default risk, and transparency
of procedures. Due to these advantages, a wide range and higher rates of interest prevail in
the informal sector.

An interpenetration is found between the formal and informal systems in terms of

operations, participants, and nature of activities which, in turn, have led to their coexistence.
A high priority should be accorded to the development of an efficient formal financial system
as it can offer lower intermediation costs and services to a wide base of savers and
entrepreneurs.

Page 1 of 47
The financial system is an integral part of the economy. When the system functions properly,
it channels funds from savers to investors. By increasing productivity, the financial system
helps spur economic growth and raise the standard of living. Sometimes, however, the
system breaks down. The financial crisis of 2008 is a very stark example of a breakdown,
with consequences that resulted in a deep recession. This chapter introduces the topic of the
financial system, with the subsequent four chapters providing further details on its various
elements and its effects on the economy.

The Financial System in Bangladesh

A financial system is a system that to channels funds from lenders to borrowers, to create
liquidity and money, to provide a payments mechanism, to provide financial services such as
insurance and pensions and to offers portfolio adjustment facilities. A developed financial
system is one that has a secure and efficient payment system, security market and financial
intermediaries that arrange financing and derivative markets and financial institutions that
provide access to risk management instruments.
The present structure of the financial system in Bangladesh comprises of various types of
banks, insurance companies, and non-bank financial institutions. Bangladesh Bank is at the
top of the banking system and is accountable for assuring prudential administration and
central banking activities for all types of banks operating within the banking industry. On the
other hand, the Securities and Exchange Commission (SEC) of Bangladesh is the regulatory
body for stock-market related activeities.

The processes and procedures used by an organization's management to exercise financial

control and accountability. These measures include recording, verification, and timely
reporting of transactions that affect revenues, expenditures, assets, and liabilities.

Categories No. of institutions in each category

Depository Commercial Banks ( Nationalized, Private, Foreign )

Credit Unions
Micro Finance Institutions
Contractual Life Insurance Companies
General Insurance Companies
Pension Funds
Finance Companies
Merchant Banks
Investment Intermediary Security firms
Mutual Funds

Page 2 of 47
Page 3 of 47
 Overview of Financial system of Bangladesh

The processes and procedures used by an organization's management to exercise financial

control and accountability. These measures include recording, verification, and timely
reporting of transactions that affect revenues, expenditures, assets, and liabilities.

The financial system of Bangladesh is comprised of three broad fragmented sectors:

The sectors have been categorized in accordance with their degree of regulation.

Page 4 of 47
 Financial System of
Bangladesh

Formal Sector Semi Formal Informal Sector

Sector

The formal sector includes all regulated institutions like Banks, Non-Bank Financial
Institutions (FIs), Insurance Companies, Capital Market Intermediaries like Brokerage
Houses, Merchant Banks etc.; Micro Finance Institutions (MFIs).

The semi-formal sector includes those institutions which are regulated otherwise but do not
fall under the jurisdiction of Central Bank, Insurance Authority, Securities and Exchange
Commission or any other enacted financial regulator. This sector is mainly represented by
Specialized Financial Institutions like House Building Finance Corporation (HBFC), Palli
Karma Sahayak Foundation (PKSF), Samabay Bank, Grameen Bank etc., Non Governmental
Organizations (NGOs and discrete government programs.
The informal sector includes private intermediaries which are completely unregulated.

The financial systems of most developing countries are characterised by coexistence

and cooperation between the formal and informal financial sectors. This coexistence of these
two sectors is commonly referred to as „financial dualism.‟ The formal financial sector is
characterised by the presence of an organised, institutional, and regulated system which
caters to the financial needs of the modern spheres of economy; the informal financial sector
is an unorganised, non-institutional, and non-regulated system dealing with the traditional
and rural spheres of the economy.

Financial Market

Money Market Capital Market Foreign Exchange Market

Page 5 of 47
Financial Market: A market in which financial assets (securities) such as stocks and
bonds can be purchased or sold.
Financial markets provide for financial intermediation--financial savings (Surplus
Units) to investment (Deficit Units)
Financial markets provide payments system
Financial markets provide means to manage risk
The financial market in Bangladesh is mainly of following types:

 Money Market: The primary money market is comprised of banks, FIs and primary
dealers as intermediaries and savings & lending instruments, treasury bills as
instruments. There are currently 15 primary dealers (12 banks and 3 FIs) in
Bangladesh. The only active secondary market is overnight call money market which
is participated by the scheduled banks and FIs. The money market in Bangladesh is
regulated by Bangladesh Bank (BB), the Central Bank of Bangladesh.

 Capital market: The primary segment of capital market is operated through private
and public offering of equity and bond instruments. The secondary segment of capital
market is institutionalized by two (02) stock exchanges-Dhaka Stock Exchange and
Chittagong Stock Exchange. The instruments in these exchanges are equity securities
(shares), debentures, corporate bonds and treasury bonds. The capital market in
Bangladesh is governed by Securities and Commission (SEC).

 Foreign Exchange Market: Towards liberalization of foreign exchange transactions,

a number of measures were adopted since 1990s. Bangladeshi currency, the taka, was
declared convertible on current account transactions (as on 24 March 1994), in terms
of Article VIII of IMF Article of Agreement (1994). As Taka is not convertible in
capital account, resident owned capital is not freely transferable abroad. Repatriation
of profits or disinvestment proceeds on non-resident FDI and portfolio investment
inflows are permitted freely.
Direct investments of non-residents in the industrial sector and portfolio investments of
non-residents through stock exchanges are repatriable abroad, as also are capital gains
and profits/dividends thereon. Investment abroad of resident-owned capital is subject to
prior Bangladesh Bank approval, which is allowed only sparingly.
Bangladesh adopted Floating Exchange Rate regime since 31 May 2003. Under the
regime, BB does not interfere in the determination of exchange rate, but operates the
monetary policy prudently for minimizing extreme swings in exchange rate to avoid
adverse repercussion on the domestic economy.
The exchange rate is being determined in the market on the basis of market demand and
supply forces of the respective currencies. In the forex market banks are free to buy and
sale foreign currency in the spot and also in the forward markets. However, to avoid any
unusual volatility in the exchange rate, Bangladesh Bank, the regulator of foreign
exchange market remains vigilant over the developments in the foreign exchange market
and intervenes by buying and selling foreign currencies whenever it deems necessary to
maintain stability in the foreign exchange market.

Page 6 of 47
Central bank
Bangladesh Bank
Pursuant to Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the
Dhaka branch of the State Bank of Pakistan as the central bank of the country, and named it
Bangladesh Bank with retrospective effect from 16 December 1971.

Banks
After the independence, banking industry in Bangladesh started its journey with 6
Nationalized commercialized banks, 2 State owned Specialized banks and 3 Foreign Banks.
In the 1980s banking industry achieved significant expansion with the entrance of private
banks. Now, banks in Bangladesh are primarily of two types:
Scheduled Banks: The banks which get license to operate under Bank Company Act, 1991
(Amended in 2003) are termed as Scheduled Banks. State-owned commercial banks, private
commercial banks, Islamic commercial banks, foreign commercial banks and some
specialized banks are Scheduled Banks.
Non-Scheduled Banks which are established for special and definite objective and operate
under the acts that are enacted for meeting up those objectives, are termed as Non-Scheduled
Banks
Bangladesh Bank Pursuant to Bangladesh Bank Order, 1972 the Government of Bangladesh
reorganized the Dhaka branch of the State Bank of Pakistan as the central bank of the
country, and named it Bangladesh Bank with retrospective effect from 16 December 1971.
Banks After the independence, banking industry in Bangladesh started its journey with 6
nationalized commercialized banks, 2 State owned specialized banks and 3 Foreign Banks. In
the 1980s banking industry achieved significant expansion with the entrance of private
banks. Now, banks in Bangladesh are primarily of two types:

1. Schedule banks &,

2. Non-Schedule banks.

Scheduled Banks:
The banks which get license to operate under Bank Company Act, 1991 (Amended in 2003)
are termed as Scheduled Banks. There are FOUR State-owned commercial banks, THIRTY
ONE private commercial banks, EIGHT Islamic commercial banks, NINE foreign
commercial banks and some specialized banks are Scheduled Banks.

Page 7 of 47
 Banks

State-owned
nationalist.

Private banks

Islamic
Commercial Banks

foreign commercial
banks

Non-Scheduled
Banks

Non-banking
financial Specialized Banks
institutions (SDBs)

State-owned are functioning as nationalist. Here is the list -

1. Agrani Bank
2. Sonali Bank
3. Rupali Bank
4. Janata Bank

Private banks are the highest growth sector due to the dismal performances of government
banks (above). They tend to offer better service and products. Here is the list
1. Uttara Bank Limited
2. Mutual Trust Bank Limited

Page 8 of 47
3. Dhaka Bank Limited
4. Eastern Bank Limited
5. Dutch Bangla Bank Limited
6. Pubali Bank Limited
7. IFIC Bank Limited
8. National Bank Limited
9. The City Bank Limited
10. NCC Bank Limited
11. Mercantile Bank Limited
12. Prime Bank Limited
13. Southeast Bank Limited
14. Standard Bank Limited
15. One Bank Limited
16. Bangladesh Commerce Bank Limited
17. The Premier Bank Limited
18. Bank Asia Limited
19. Trust Bank Limited
20. Jamuna Bank Limited
21. AB Bank Limited
22. NRB Commercial Bank Limited
23. NRB Bank Limited
24. Meghna Bank Limited
25. Farmers Bank Limited
26. Modhumoti Bank Limited
27. South Bangla Agriculture and Commerce Bank
Ltd
28. Midland Bank Limited
29. United Commercial Bank Ltd
30. BRAC Bank Limited

Page 9 of 47
There are 8 Islamic Commercial Banks:

1. Islami Bank Bangladesh Limited

2. Shahjalal islami bank Limited
3. First Security Islami Bank Limited
4. Export Import Bank of Bangladesh Limited
5. Al-Arafah Islami Bank Limited
6. Social Islami Bank Limited
7. ICB Islamic Bank
8. Union Bank Limited

Nine foreign commercial banks are operating in Bangladesh. These are:

1. Citibank NA
2. HSBC
3. Standard Chartered Bank
4. Commercial Bank of Ceylon
5. State Bank of India
6. Habib Bank Limited
7. National Bank of Pakistan
8. Woori Bank
9. Bank Alfalah

New Banks in Bangladesh

Beside this on 2012 Govt. also permitted 9 new banks to operate.

1. Midland Bank
2. NRB bank ltd
3. South Bangla Agriculture & Commerce Bank
4. Modhumoti Bank
5. Megna Bank
6. Union Bank
7. NRB global bank ltd.
8. Farmars Bank
9. NRB commercial bank ltd.

Page 10 of 47
Specialized Banks (SDBs): Four specialized banks are now operating which were
established for specific objectives like agricultural or industrial development. These banks
are also fully or majorly owned by the Government of Bangladesh.

1. Bangladesh Krishi Bank

2. Rajshahi Krishi Unnayan Bank
3. Bangladesh Development Bank Ltd
4. Bank of Small industries & Commerce BASIC Bank Limited

Non-Scheduled Banks: The banks which are established for special and definite objective
and operate under the acts that are enacted for meeting up those objectives, are termed as
Non-Scheduled Banks. These banks cannot perform all functions of scheduled banks.
1. Grameen Bank,
2. Probashi Kallyan Bank,
3. Karmasangsthan Bank, Progoti Co-operative Land Development Bank
Limited (progoti Bank) and
4. Answer VDP Unnayan Bank are Non-Scheduled Banks.
5. Progoti Co-operative Land Development Bank Limited (progoti Bank)
6. Bangladesh Somobay Bank Limited (Cooperative Bank).
7. Land development bank,

Non-banking financial institutions : Non-banking financial institutions which are not

banks. These institutions cannot perform all functions of banks, which get license to operate
under Financial Institution Act, 1993 are termed as Non-banking financial institutions.

1. Uttara Finance and Investments Limited

2. United Leasing Company Limited (ULCL)
3. Union Capital Limited
4. The UAE-Bangladesh Investment Co. Ltd
5. Saudi-Bangladesh Industrial & Agricultural Investment Company Limited
(SABINCO)
6. Reliance Finance Limited
7. Prime Finance & Investment Ltd
8. Premier Leasing & Finance Limited
9. Phoenix Finance and Investments Limited

Page 11 of 47
 10. People's Leasing and Financial Services Ltd
11. National Housing Finance and Investments Limited
12. National Finance Ltd
13. MIDAS Financing Ltd. (MFL)
14. LankaBangla Finance Ltd.
15. Islamic Finance and Investment Limited
16. International Leasing and Financial Services Limited
17. Infrastructure Development Company Limited (IDCOL)¿
18. Industrial Promotion and Development Company of Bangladesh
Limited(IPDC)
19. Industrial and Infrastructure Development Finance Company (IIDFC)
Limited
20. IDLC Finance Limited
21. Hajj Finance Company Limited
22. GSP Finance Company (Bangladesh) Limited (GSPB)
23. First Lease Finance & Investment Ltd.
24. FAS Finance & Investment Limited
25. Fareast Finance & Investment Limited
26. Delta Brac Housing Finance Corporation Ltd. (DBH)
27. Bay Leasing & Investment Limited
28. Bangladesh Industrial Finance Company Limited (BIFC)
29. Bangladesh Finance & Investment Co. Ltd.
30. Bangladesh Infrastructure Finance Fund Limited
31. Agrani SME Finance Co. Ltd.

Insurance is nothing but a system of spreading the risk of one onto the shoulder of many.
Whilst it becomes somewhat impossible for a man to bear himself 100% loss to his own
property or interest arising out of an unforeseen contingency, insurance is a method or
process which distributes the burden of loss on a number of persons within the group formed
for this particular purpose.

So, Insurance is a way of reducing your potential financial loss or hardship. It can help
cover the cost of unexpected events such as theft, illness or property damage. Insurance can
also provide you‟re loved.

Page 12 of 47
THE INSURANCE COMPANIES IN PUBLIC SECTOR
GENERALLY TWO TYPES:

1. Sadharan Bima Corporation (General or Non life Insurance)

2. Jiban Bima Corporation (Life Insurance)

Insurance companies

Life insurance companies Non life insurance companies

Life insurance companies

The third in the list of development is the life insurance business. The earliest policy of
which there is a record dates back to 1583. During this period only short term polices were
used be issued meaning that only at the death of the life assured during the term period the
money was to be paid. On survival nothing was payable. In 1693 Halley introduced the
mortality table giving a definite value to risk of death. In 1974, the life Assurance Act was
passed in the British parliament requiring the presence of insurable interest before one could
effect a life policy on the life of another. All these gradually gave life assurance a sound,
systematic and scientific basis as we see in the present day.2.3 Development of Insurance in
Bangladesh Insurance is not a new idea or proposition to the people of Bangladesh.

18 Life insurance companies

1. American Life Insurance Co.
2. Popular Life Insurance Co. Ltd.
3. Jiban Bima Corporation
4. Delta Life Insurance Co. Ltd.
5. Shandhani Life Insurance Co. Ltd.
6. Meghna Life Insurance Co. Ltd.
7. Pragati Life Insurance Co. Ltd.
8. Padma Life Insurance Co. Ltd.
9. Sunlife Insurance Co. Ltd.

Page 13 of 47
 10. Prime Life Insurance Co. Ltd.
11. National Life Insurance CO. LTD.
12. Progressive Life Insurance Company Ltd
13. Rupali Life Insurance Co. Ltd.
14. Jamuna Life Insurance Co. Ltd
15. Baira Life Insurance Co.Ltd
16. Homeland Life Insurance Co.Ltd
17. Green Delta Life Insurance Co.Ltd
18. Far-East Islami Life Insurance Co.Ltd
19. Golden Life Insurance Co.Ltd
20. Sunflower Life Insurance Co.Ltd

Non Life Insurance

Fire Insurance Marine Insurance Miscellaneous

Insurance

44 Non life insurance companies

1. General Insurance Co. Ltd.

2. Bangladesh Co-Operative Insurance Ltd.

3. Bangladesh Genaral Insurance Co. Ltd.

4. Bangladesh National Insurance Co. Ltd

5. Central Insurance Co. Ltd.

6. City General Insurance Co. Ltd.

7. Eastern Insurance Co. Ltd.

Page 14 of 47
8. Eastland Insurance Co. Ltd.

9. Express Insurance Ltd.

10. Federal Insurance Co. Ltd.

11. Green Delta Insurance Co. Ltd.

12. Janata Insurance Co. Ltd.

13. Karnaphuli Insurance Co. Ltd.

14. Mercantile Insurance Company Ltd.

15. Meghna Insurance Co. Ltd.

16. Northern General Insurance Co. Ltd.

17. Paramount Insurance Company Limited

18. People's Insurance Co. Ltd.

19. Phoenix Insurance Co. Ltd.

20. Pioneer Insurance Co. Ltd

21. Pragati Insurance Limited

22. Prime Insurance Company Ltd.

23. Provati Insurance Co.Ltd.

24. Purabi General Insurance Co. Ltd.

25. Reliance Insurance Limited

26. Rupali Insurance Co. Ltd.

27. United Insurance Co. Ltd.

28. Agrani Insurance Co. Ltd.

29. Union Insurance Co. Ltd.

30. Islami Insurance Co. Ltd.

31. Islami Commercial Insurance Co. Ltd.

32. Asia Insurance Co. Ltd.

Page 15 of 47
 33. Asia Pacific General Insurance Co. Ltd.

34. Continental Insurance Co. Ltd.

35. Cristal Insurance Co. Ltd.

36. Global Insurance Co. Ltd.

37. Desh General Insurance Co. Ltd.

38. Nitol Insurance Co. Ltd.

39. Republic Insurance Co. Ltd.

40. Standard Insurance Co. Ltd.

41. The Loyeds Insurance Co. Ltd.

42. South Asia Insurance Co. Ltd.

43. Sonar Bangla Insurance Co. Ltd.

NEWLY LICENCED INSURANCE COMPANIES:

At a time when the financial sector needs further consolidation and tight supervision, the
government has issued license for 11 insurance companies. There have nine life & two
general insurance companies.
1. Taiyo Summit Life Insurance,

2. Sena Kalyan General Insurance Company.

3. Zenith Islami Life Insurance,
4. Chartered Life Insurance,
5. Protective Life Insurance,

6. Sonali Life Insurance,

7. Mercantile Islami Life Insurance,
8. Sikder General Insurance Company
9. Best Life Insurance,
10. NRB Global Life Insurance, and
11. Guardian Life Insurance,

Page 16 of 47
Definition of 'Microfinance'

A type of banking service that is provided to unemployed or low- income individuals or

groups who would otherwise have no other means of gaining financial services . Ultimately,
the goal of microfinance is to give low income people an opportunity to become self-
sufficient by providing a means of saving money, borrowing money and insurance.
Microfinance is a source of financial services for entrepreneurs and small businesses lacking
access to banking and related services. The two main mechanisms for the delivery of
financial services to such clients are:

(1)Relationship- banking for individual entrepreneurs and small businesses; and

(2) Group-based models, where several entrepreneurs come together to apply for loans and
other services as a group.

Micro Finance Institutions

List of Micro Finance Institutions
1. NABARUPA POLLY

2. Sathi Unnayan Sangstha

3. ORGANIZATION FOR DEFENDING THE DISABLE (DDO)

4. BANGLADESH HEALTH AND EDUCATION DEVELOPMENT

SOCIETY

5. Society for UDDOG

6. Panjeri Samaj Unnayan Sangstha (PSUS)

7. Jatio Tarun Sangha

8. Polly Arthik Unnayan Karzocrom

9. Youth Initiatives for Socio-Economics Activities

10. Polli Samajik Karzokram Sangstha

11. AGROGAMI Unnayan Sangstha

12. Bondhon Samajekallyan Sangstha

13. Doridro & Paribash Unnaon Society

14. Rural Economy & Agricultural Development Organization of Bangladesh

(READO)

Page 17 of 47
15. MITALI

16. BRES

17. Sopnil Bangladesh Foundation

18. Shishu NIloy Foundation

19. Posobid Unnoyon Sangstha

20. United Development Initiatives for Programmed Actions- (UDDIPAN)

21. Hitaishi-Bangladesh

22. Sonali Unnayan Foundation (SUF)

23. Samadhan

24. Integrated Service for Development of Children & Mothers (ISDCM)

25. Jagorani Chakra Foundation

26. Sojag

27. ANANDA SAMAJ UNNAYAN SHANGSTHA

28. Development Activities of Society- DAS

29. Chaltra Shekha

30. LOCAL DEVELOPMENT PROGRAM (L.D.P)

31. Janata Palli Unnayan Shangstha

32. Sustainable Upliftment Initiatives Trust „SUPT‟

33. PLABAN POLLI UNNAYAN SHANGSTHA

34. SHEFALI MOHILA KALLYAN SHANGHO

35. Poor Humans Integrated Social Welfare Organization

36. Manab Kallayan Sangstha Comilla

37. Sachatan Shahajjo sangstha

38. Universal Social Helping Association (USHA)

39. Shesh Somabol Rokhkha

40. Organizational for Social Place

Page 18 of 47
41. Nazrul Smriti Sangsad (N.S.S)

42. “SAFE” Social Activities for Environment

43. Gono-Unnayan Academy

44. Agraha Unnayan Sangstha

45. Joutha Udyog

46. Help Bangladesh

47. Palli Unnayan Foundation (R.D.F)

48. Bongram Samajik Unnayan Sangsthan (B.S.U.S)

49. Adorsha Foundation

50. Social Development Committee (SDC)

51. Tamanna Foundation

52. Joutha Unnayan Prochesta (JUP)

53. Technical Assistance For Rural Development

54. Supta Protiva Bikash Sangstha

55. Graush

56. Sanchayan Unnayan Sangstha (SUS)

57. RUPA

58. Disa Bangladesh

59. Sristy (SRISTY) Society for Rural Improvement and Stability

60. Rural Advancement Committee (RAC)

61. Agrodut Foundation

62. Campaign for Sustainable Development (CSD)

63. Pally Unnayan Foundation

64. Seba Artha Samajik Unnayan Sangstha

65. Shusamaj Foundation

66. Manab Unnayan Kendra

Page 19 of 47
67. Bangladesh Agricultural Working People Association (BAWPA)

68. Samannita Attonirvorsheel Samaj Unnyon Sangstha (SISDA)

69. Udayan-Bangladesh

70. Bakergonj Forum

71. Rural Development Associate (RDA)

72. Basic Development Society

73. Disa Integrated Social Advancement Foundation

74. SHESO

75. CARSA Foundation

76. UPAMA (Unnayaner Pathe Manush)

77. Bajitpur Rural Advancement Society (BRAS)

78. Charcha

79. Social Upliftment Society (SUS)

80. Grameen Unnayan Sangstha (GUS)

81. BEDO

82. Village Education Resource Center

83. Shakti Foundation for Disadvantaged Women

84. Bridge M.F.I

85. Prottoy Unnayan Sangstha

86. Dabi Moulik Unnayan Sangshta

87. Wave Foundation

88. Development Initiatives for Social Advancement (DISA)

89. Society for Social Service (SSS)

90. Rural Reconstruction Foundation

91. DRISHTIDAN

92. Page Development Centre

Page 20 of 47
93. Bangladesh Association of Womenfor Self Empowrment (BAWSE)

94. ENDEAVOUR(Ensure Development Activities for Vulnerable Under

Privileged Rural People )

95. Action in Development- AID

96. Dwip Unnayan Sangstha

97. ATMABISWAS

98. Khulna Mukti Seba Sangstha ( KMSS )

99. Ghani Welfare Foundation

100. Palli Samonnaya O Shikkha Kallyan Parishad (Pasashik Parsad)

101. SHUSHILAN

102. Organization for Social and Economical Development (OSED)

103. Barendrabhumi Samaj UnnyanSangstha (BSDO)

104. Support

105. Association for Rural Advancement in Bangladesh (ARAB)

106. Salvation of Women Local Association (SAWLA

107. Social And Economic Enhancement Programme-Seep

108. SKS Foundation

109. Bangladesh Association for Social Advancement (BASA)

110. Social Advance Through Unity-SATU

111. Progoti Samajkallyan Sangstha (PSS)

112. SETU

113. Jagrata Juba Shangha (JJS)

114. Samannita Unnayan Seba Sangathan (SUSS)

115. Shapla Gram Unnayan Sangstha

116. Sancred Welfare Foundation (SWF)

117. Communty Health Care Project (CHCP)

Page 21 of 47
118. Association for Renovation of Community Health Education Services
(ARCHES)

119. Unnayan Prochesta

120. Association for Under-Privileged People-AUP

121. Network for Universal Services and Rural Advancement

122. Soochana (Social Organization for Children & Nation)

123. New Era Foundation

124. Habigonj Unnayan Sangstha

125. Sheva Nari O Shishu Kallyan Kendra

126. Haidar Akter Banu Memorial Kallyan Foundation

127. BRAC

128. Association For Realisation of Basic Needs-ARBAN

129. Manob Sakti Unnayan Kendro (MSUK)

130. Coastal Association For Social Transformation Trust (COAST Trust)

131. Palashipara Samaj Kallyan Samity

132. BIVA

133. LUSTRE

134. Ashanti Samaj Kallyan Sangstha

135. Rajshahi Social Development Program (RSDP)

136. Help The Distress

137. Rangpur Unnayan Samajik Sangstha (RDSS)

138. Community Development Program ( CDP )

139. Association of Development for Economic & Social Help (ADESH)

140. Basic Organization Network for Development and Humanitarian Aid

for Nation

141. Samaj Unnayan Kendra (SUk)

Page 22 of 47
142. Grameen Seba Sangstha

143. Bangladesh Institute of Research & Development

144. Uttara Development Program Society ( UDPS )

145. Environment Council Bangladesh-EC Bangladesh

146. Human Association for Rural Development

147. Social Earn Baking Association ( SEBA )

148. Bikalpa Development Society (BDS)

149. Palli Bandhan Kendra

150. Gana Unnayan Kendra (GUK)

151. Unnayan Sangha

152. Taltala Jubo Unnayon Sangothon

153. Integrated Rural Development Organization (IRDO)

154. Padakkhep Manabik Unnayan Kendra

155. Ad-din Welfare Center

156. Centre for Development Innovation and Practices

157. CHIRANTANI

158. BARSA ( Bangladesh Association of Rural and Social Advancement)

159. ASA

160. Pabna Protishsruti

161. Association for Advancement & Development

162. Community Development Centre (CODEC)

163. Young Economic Society (YES)

164. Thengamara Mohila Sabuj Sangha ( TMSS )

165. Poverty Alleviation Through Participatory Rural Initiatives

166. Aloha Social Services Bangladesh ( ASSB )

167. Homeland Association for Social Improvement

Page 23 of 47
168. Gono Kalyan Sangstha

169. Society for Family Happiness & Prosperity

170. Centre for Natural Resource Studies

171. UNNAYAN

172. Bangladesh Social Development Academy (BSDA)

173. Noakhali Rural Development Society

174. Sagarika Samaj Unnay Sangstha

175. IDEAL (Institute of Development Education for Advancement of

Landless)

176. Rural Advancement Committee for Bangladesh

177. Saptagram Nari Swanirvar Parishad

178. Saat Ichchha

179. National Development Council ( NDC )

180. Holodia Mohila Unnayan Sangstha

181. Azad Unnayon Sangstha (AUS)

182. Pariber O Shishu Kallyan Kendra

183. Assistance for Social Organization and Development –ASOD

184. Chiristian Service Society (CSS)

185. ADAMS (Association for Development Activities of Manifold Social

Work)

186. Karmarjan

187. Aungkur Palli Unnayan Kendra ( AUNGKUR )

188. Program for Community Development (PCD)

189. Nari-O-Shishu Kallyan Sangstha (NSKS)

190. Rova Foundation

191. Nazir (Natun Zibon Rochi)

Page 24 of 47
192. Grameen Prosar Society

193. Desha Shechcha Shebi ArthoSamajik Unnayan O Manobik

KallyanSangstha

194. Sheba Manab Kallyan Kendra

195. Jugantar Samaj Unnayan Sangstha

196. Prottyashi

197. Association for Integrated Development-Comilla

198. Nari Uddog Kendra

199. Samajik Sheba Shongothon

200. Koinonia

201. Village Association for Social Development (VASD)

202. Society for Development Initiatives

203. Sajida Foundation

204. OCAB Society

205. Unity for Social & Human Action

206. Nabolok Parishad

207. Peoples Oriented Program Implementation (POPI)

208. Ghashful

209. Grameen Progress

210. Participatory Development Initiatives of the Masses (PDIM)

211. Association for Socio-Economic Advancement of Bangladesh (ASEAB)

212. Udoy (Akti SamajKallyanmulak Protisthan

213. Nobo Jibon

214. Resource Integration Centre (RIC)

215. Nowjuwan

216. Progress (Akti Samaj Unnayanmulak Sangstha)

Page 25 of 47
217. Centre for Action Research-Barind ( CARB )

218. Community Organization for Livelihood Improvement

219. Hanum Health Development Foundation

220. Eskander Welfare Foundation

221. Association For Social Organization In Paharpur (ASOP)

222. Palli Agragami Sangstha

223. Development Network in Bangladesh (DNB)

224. Al-Falah Aam Unnayan Sangstha

225. Paribar Unnayan Sangstha (FDA)

226. Grameen Unnayan Prakalpa (GUP)

227. Gram Unnayan Karjakram (GRAUK)

228. Environment & Agricultural Development Asssociation (EVDA)

229. Gano Progoti (GP)

230. Gram Bikash Kendra

231. CARITAS Bangladesh

232. Development Organisation of the Rural Poor (DORP)

233. Organization for Social Advancement & Cultural Activities

234. Organization for Rural Advancement (ORA)

235. Sangram (Sangathita Gramunnayan Karmasuchee)

236. Agragati

237. Pally Bikash Kendra

238. Habitat & Economy Lifting Programme (HELP)

239. RDRS Bangladesh

240. Palli Sohojogi Bishoyak Sangstha ( ARCO )

241. Prodipan

242. Gandhi Ashram Trust (GAT)

Page 26 of 47
243. Shaplaful

244. Palli Pragati Samity

245. Shetu Bangladesh

246. ASPADA-Poribesh Unnayan Foundation

247. Ashrai

248. Grameen Manobic Unnayan Sangstha (GRAMAUS)

249. Eco-Social Development Organization (ESDO)

250. Poor Welfare Organization (PWO)

251. Sabuj Bangla

252. Rural Economic Support & Care for the Under Privileged

253. Shotophool Banlgladesh

254. Gano Milan Foundation (GMF)

255. Focus Cultural Society

256. Polly Sheba Shangstha

257. Village Development Foundation ( VDF )

258. Sachetan

259. Kri O Samaj Kallyan Sangstha

260. Community Development And Health Care Centre (CDHC)

261. Social Organization for Voluntary Advancement (SOVA)

262. Shishu Sasthya Foundation, Bangladesh

263. Come to Work-CTW

264. Mamata

265. Sram Unnayan Sangstha

266. Doel Development Organisation for Equity & Love

267. Centre for Advanced Research and Social Action (CARSA)

268. National Development Programme (NDP)

Page 27 of 47
269. Mother Advancement Assistance (MAA)

270. Sabalamby Unnayan Samity

271. Satkhira Unnayan Sangstha (SUS)

272. Association for Bangladesh Social Advancement

273. Association for Community Development-ACD

274. Shariatpur Development Society ( SDS )

275. Voluntary Organization for Rural Development (VORD)

276. Jatiyo Kollyan Sangstha (JAKAS)

277. Anando

278. Manabik Shahajya Sangstha

279. Bangla-German Sampreet (BGS)

280. Voluntary Organization for Social Development (VOSD)

281. Step for Advanced Future and Economy (SAFE)

282. Dak Diye Jai

283. Local Initiative for Empowerment

284. Srizony Bangladesh

285. Mousumi

286. Development of Integrated for Social Association

287. Aloshikha Rajihar Samaj Unnayan Kendra

288. Voluntary Paribar Kalyan Association (VPKA)

289. Access Toward Livelihood and Welfare Oraganisation (ALWO)

290. Centre for Community Development Assistance (CCDA)

291. SOLIDARITY

292. Proyas Manobik Unnayan Society

293. Integrated Development Foundation (IDF)

294. Develoment for Society

Page 28 of 47
295. Digonta

296. Dudumari Gram Unnayan Sangstha

297. Voluntary Association for Rural Development Project (VARP)

298. Pally Unnayan Samaj Kallyan Sangstha

299. Poverty Alleviation Drive, PAD-TANGAIL

300. Shakaler Jannya Kallyan

301. HEED Bangladesh

302. Integrated Social Welfare Association (ISWA)

303. Abolombon Manob kalyan Shangstha

304. Patakuri Society

305. Rural Development and Welfare Foundation (RDWF)

306. Bangladesh Extension Education Service (BEES)

307. Action for Human Development Organization (AHDO)

308. Daridra Bimochon Shangstha

309. Suchana Samaj Unnayan Sangstha

310. Programme for Human Establishment (PHES)

311. Socio Economic Development Action Program

312. Life Association

313. Mukti Cox'sbazar

314. Gram Unnayan Karma (GUK)

315. Family Development Service & Research

316. Grameen Jano Unnayan Sangstha

317. Ahead Social Organization (ASO)

318. Uttaran

319. Joypurhat Rural Development Movement

320. Society for Projcet Implementation Research Evaluation & Training (

Page 29 of 47
 SOPIRET )

321. Palli Progoti Shahayak Samity

322. Bangladesh Rural Youth Welfare Organization

323. Palli Rakkha Sangstha (PARAS)

324. Society for Action Research and Development

325. Notun Shathi

326. Social Advancement and Village Economy (SAVE)

327. Leya Health & Education Development Foundation

328. Socio Economic Backing Association (SEBA)

329. Buro Bangladesh

330. Sammannita Samaj Unnayan Sangstha (ICDA)

331. Rural Health Education and Credit Organization (Rheco)

332. Rural Ecnomic Development Association (REDA)

333. Anirban Samaj Unnayan Sangstha

334. Chiristian Commission for Development in Bangladesh (CCDB)

335. Blind Education and Rehabilitation Development Organization

(BERDO)

336. Sthanio Unnayan Sangstha

337. Annaya Samaj Kallyan Sangstha ( ASKS )

338. Dhaka Ahsania Mission

339. SAHAI- Sesshashebi Pally Unnayan Sangstha

340. South Asia Partnership-Bangladesh

341. Alternateive Development Initiative

342. Bandhu Kallyan Foundation (BKF)

343. Muktipath Unnayan Kendra

344. PRISM Bangladesh Foundation

Page 30 of 47
345. Self-Help & Rehabilitation Program

346. Kushtia Palli Unnayan Sangstha

347. Janoseba Society

348. Swanirvar Bangladesh

349. Palli Mongal Karmosuchi (PMK)

350. Palli Sree

351. OPCA ( Organization for the Poor Commuinity Advancement)

352. Mofossal Unnayan Sangstha

353. Social Advancement for People's Liberation Agency (SAPLA)

354. The Institute of Rural Development

355. Society For Advancement Of Rural Area (SARA)

356. SEBA- Social Edification of Benign Assimilation Soceity (SEBA)

357. Ansar Ali Foundation for Integrated Development

358. Centre for Development Services (CDS)

359. Assistance for Slum Dwellers (ASD)

360. Dhrubo Society

361. Aushgara Unnayan Sangstha (AUS)

362. Jugabani Samaj Kallyan Sangstha ( JSKS )

363. Step Towards Empowerment of the Poor (STEP)

364. Banchte Shekha

365. Unnayan Sahayak Sangstha (USS)

366. Bangladesh Samajik Samannay Sangstha Foundation (BASCO

Foundation)

367. Palli Shishu Foundation of Bangladesh (PSF)

368. Save Our Society

369. Samakal Samaj Unnayan Sangstha ( SSUS )

Page 31 of 47
370. Jagarani Mohila Kallyan Sangstha ( JMKS )

371. Young Power in Social Action (YPSA)

372. Mozaharuddin Multicraft Centre

373. Zagoroni

374. Varp (Voluntary Association for Rural People)

375. Manab Seba Ovijan

376. Bangladesh Islamic Youth Society ( BIYS )

377. SOMAN

378. Islami Social Development Organization (ISDO)

379. Society Development Committee (SDC)

380. AMDA Health & Environment Development Society

381. Nowabenki Gonomukhi Foundation ( NGF )

382. Bastob Initiative for Peoples Self Development

383. Nijera Shikhi

384. Shatabdee Palli Unnayan Sangstha

385. DIPSHIKHA "Non-Formal Education, Training and Research Society

for Village Development

386. Dip Shetu

387. Village & City Development Society (VCDS)

388. Primary Health Care Organization

389. Partner
390. Banglar Mela Sangstha

391. Bangladesh Development Society ( BDS )

392. Centre for Rehabilitation Educatioin Earning Development (CREED)

393. Manab Sampad Unnayan Kendra ( MASUK )

394. CEDAR (Concern for Environmental Development and Research)

Page 32 of 47
395. Mukti Nari-O-Shishu Unnayan

396. Mohila Bohumukhi Shikkha Kendra(Mohila Bohumukhi Shikkha

Kendra)

397. Samata Unnyan Sangstha

398. Centre for Mass Education in science

399. Social Welfare and Economical Development Organization

400. Society for Social Development and Economy

401. Muslim Aid-UK

402. Dushtha Shasthya Kendra (DSK)

403. Proshikkan Karmasangsthan O Artha-Samajic Unnayan Sangstha

(PROKAS )

404. SERWTCI - Self-Employment for Rural Destitute Women Through

Cottage Industries

405. Rural Development Sangstha (RDS)

406. Environmental And Socio Economic Network (ESEN)

407. Health And Human Resource Development Project

408. Sonali Bhabishyat

409. Nishkriti

410. Bangladesh Nari Progati Sangha

411. Health, Education & Economic Development Organization (HEEDO)

412. Mukti Parishad

413. Development Actions for Nation Towards Advancement (Deganta)

414. Palli Bhandhu Unnayan Sangstha ( PBUS )

415. Dynamic Welfare Society (DAS)

416. Sonali Unnayan Foundation

417. World Concern

418. Mahila Sanghati Parishad

Page 33 of 47
419. Abdul Momen Khan Memorial Foundation

420. Rural People's Development Society

421. Report for Development Society

422. BILAS (Bikalpa Life Advancement Society)

423. Noakhali Rural Action Society (N-RAS)

424. Hilful Fuzul Samaj Kallyan Sangstha ( HFSKS )

425. Sachsa Sebi Palli Unnayan Sangstha – PIPASA

426. Banaful Social Welfare Organization (BSWO)

427. Newsun Economic Development & Organization (NEDO)

428. Prattasha Samaj Kallyan Sangstha

429. Society for Particepatory Econimic Social Development

430. Initiative for People's Development

431. Shahajira Mohila O Shishu Unnayan Sangstha (SMSUS)

432. Akota Samaj Unnayan Kenddra (ASUK)

433. Integrated Volunteers for Social Advancement

434. Gono Unnayan Prochesta (GUP)

435. ARS Bangladesh

436. Adarsho Manob Kallyan Sangha

437. Santal Mission Norwegian Board

438. Jana Kalyan Sangha (JKS)

439. Sangkalpa Trust

440. Bandhan Sangstha

441. Artha-Samajik Unnayan Sangstha

442. Rural Economic Development Program (REDP)

443. Assistance for Human Resource Development With Technology

(AHRDT)

Page 34 of 47
444. Society of Renaissa Bangladesh

445. UJAN (Akti Manab Kallyan Sangstha)

446. Perfect Development Foundation

447. Dewanganj Gano Shahajjya Sangstha (DGSS)

448. Noble Education & Literary Society

449. Suryasarathi Foundation

450. NEED

451. Protiggya Parishad

452. Naria Unnayan Samity (NUSA)

453. Friends in Village Development Bangladesh

454. Socio Economic Development Agency (SEDA)

455. Human Care Initiatives

456. Shawdesh Unnayan Kendra-SUK

457. Jibon Samaj Kallyan Sangstha

458. Karmojibi Kallyan Sangstha (KKS)

459. Resource Development Foundation ( RDF )

460. Manob Kallyan Sangstha (MKS)

461. Bangladesh Association for Sustainable Development (BASD)

462. Rural Economic Development Aid Society (REDAS)

463. The Coastal Rural and Urban Poor Development Association (The
Crupda)

464. United Human Social Advancement Foundation

465. Association for Women Empowerment and Child Right's (AWAC)

466. Progoti Kendro

467. Faridpur Development Agency ( FDA )

468. Proyash

Page 35 of 47
469. Palli Unnayan Parishad

470. Integrated Social and Legal Aid for Muslim

471. Billhamia Social Development Sangstha (BSDS)

472. Jano Hitoishi Sangstha

473. Barnaly

474. Bangio Gonounnayan samity

475. Grass-root Level Development Programme (GLDP)

476. Association for Social Development ( ASD )

477. Grameen Matsho O Pashusampad Foundation

478. Modern Development Organization ( MDO )

479. Ashataru Samaj Unnayan Society

480. Grameen Samaj Unnayan Sangstha

481. Participatory Development Organization

482. Grameen Krishi Foundation

483. Society for Peace & Charity (SPC)

484. Rangpur Health & Educationi Improvement Society (SHIRE)

485. Bangladesh Grameen Seba Sangstha

486. Development of Ideal Muslim in Bangladesh

487. Shanti Prio Sangstha

488. Malancha Foundation of Bangladesh

489. Shital Kamramukhi Unnayan Sangstha

490. Nabaratna Foundation

491. Shanti Uddyog Trust

492. Society for Development of Self Reliance in Bangladesh (SDS)

493. Socio-Economic And Environment Development Sangstha

494. Eso Gori Unnayan Sangstha (AGUS)

Page 36 of 47
495. Shiropa Development Society

496. AVA Development Society

497. Poverty Alleviation and Social Advancement Association

498. Mine Bohumukhi Samaj Kallan Samity (MINE)

499. Parash Moni Samajik Unnayan Sangstha

500. DRISTI

501. Stitching Land Ontwikkelings Project Bangladesh

502. Dustha Paribar Unnayan Sangstha

503. 'Rupa'' Rural & Urban People's Association (RUPA)

504. Bhumija Foundation

505. Shakharunjo Samaj Unnayan Sangstha (SSUS)

506. Bahumukhi Desh Unnayan Sangsad

507. Nabila Development Foundation of Bangladesh

508. Feni Shasthya O Shikkhan Unnayan Foundation

509. USA

510. Badalgachhi Manob Kallyan Sangstha

511. Bangladesh JanaKallyan Songstha (BJS)

512. Underprivileged Childern's Educational Programs (UCEP)

513. Bani Social Development Foundation

514. Egeya Chala

515. Gouno Unnayan Foundation

516. Development Organization of Rural Peoples (DOORP)

517. Maitree Palli Unnayan Sangathon (MPUS)

518. Jamuna Social Foundation

519. Chatana Mohila Unnayan Sangstha

520. Grameen Economic And Social Advancement (GESA)

Page 37 of 47
521. Sotodol

522. Sneha Neer Sangstha

523. Gram Bikash Sangstha (GBS)

524. Society for Unhappy & Needy

525. ANTAR Society for Development

526. Society For Urban And Rural Advancement

527. Soul Foundation For Disadvantaged Women

528. INSAF

529. Peoples Development Society

530. CLOG (Children Life Organization of Genus)

531. Malek Jobeda Foundation

532. NEDA (Natore Economic Development Association)

533. Society for Disadvantage Origins

534. Grameen Krishok Sohayak Sangstha (GKSS)

535. Grameen Alo

536. Foundation for Welfare Activities & Development

537. North Glint Education Development Foundation

538. Namuja Orthonoitic Unnayan Sangstha (NEDO)

539. United Social Advancement

540. Society for Health Extension & Development (SHED)

541. HOPE

542. Dustho Kallayn Sangstha (DUKS)

543. Pathokoli Sangstha

544. Tribedi Mahila Samaj Unnayan Sangstha

545. Gazipur Unnayan Sangstha (GUS)

546. Tarango

Page 38 of 47
547. Organization for Social Advancement (OSA)

548. Alokon

549. Church of Bangladesh Social Development Programme

550. Grameen Alo Sonstha

551. Bhagya Unnayan Shangstha

552. Abdul Hai Zahura Welfare Foundation

553. Seba Environment Development Society

554. Social Development Association

555. Socio Economic Health Education Organization

556. Society for Social Advancement of Rural People

557. Nirman Sangathan

558. Institute of Integrated Rural Development

559. Social Advancement for Village Environment (SAVE)

560. Eden Education and Health Foundation

561. Alo Manabik Unnayan Kendra (ALO)

562. Kakon Bahumuki Unnayan Songstha (KBUS)

563. Din Bandhu Society

564. Social Assistance and Rehabilitation for the Physically Vulnerable

565. Banupur Nayapara Janosaba Sangstha

566. Society for Assistance to the Distressed Humanity

567. Manobsampad Kallan Sangstha (MAKS)

568. Samajik Sachetona O Palli Unnayan Karmasuchi (SARD)

569. Projukti Peeth

570. Samaj Unnayan Procesta

571. Sisa Jubo Samaj Kallayan Sangstha

572. Thanapara Swallows Development Society

Page 39 of 47
573. Young Women's Christian Association

574. Seva Manabik Unnayan Kendra

575. Panchbibi Upazila Adibashi Multipurpose Development

Organization(PUAMDO)

576. Palli Kormo Unnayan Sangstha

577. Crescent

578. Manob Sheba Shangstha

579. Ashar Alo Unnayan Sangstha

580. Jhaudia Gram Unnayan Sangstha

581. Swadesh Unnayan SangsthaGopalgonj (SUSG)

582. Bangladesh Association for Community Education (BACE)

583. Samannita Samaj Unnayan Kendra

584. Bangladesh Palli Unnayon Foundation (B. P. D. F)

585. Save Our Life

586. Uttarayan Janakallyan Mohila Samity

587. Kheya (Samaj Unnayan Sangstha)

588. New Initiative for Empowerment of the Poor

589. Uddyaog Foundation

590. Protisruti Manobik Bikash Sangstha

591. Gono Unnayan Sangstha

592. Dhaka Rural Advancement Programs Society

593. "ALAP"- Association for Landless and Poor

594. Austha Manabik Unnayan Kendra

595. "Saviour" (SAVIOUR)

596. Nari Maitree

597. "Assistance for the Livelihood of the Origins" (ALO)

Page 40 of 47
598. "Udayan Sangstha"

599. Poribar Kallyan Sahayak Samittee (PKSS)

600. Rural Development Society

601. Nirmol Foundation

602. Need Foundation

603. S,D,C, Society Development Committee

604. Center for Rural Service (C,R,S)

605. "Red" "RED"

606. "Social Welfare Advancement Committee" (SWACO)

607. Moulik Babosthapona Sangstha (B,M,S)

608. Udayan Samity (US)

609. Bhandaripara Samaj Unnayan Sangstha

610. Gramer Alo

611. Social Development Organization (S.D.O)

612. Isamati Samaj Unnayan Sangstha

613. Jagoroni Somaj Unnayan Sangstha

614. Association for Social Development (A.S.D)

615. Somaj Unnoyan Karjocrom (SUK)

616. Oriental Foundation (ORIENTAL FOUNDATION)

617. Grameen Jono Unnayan Sangstha

618. "Alore Patha"

619. Haor Samaj Unnayan Karmasushi

620. Basundhara Kallyan Foundation ( BKF )

621. Proshika Manabik Unnayan Kendro

622. Khandokhetro Samajic Unnayan Sangstha (K.S.D.O.)

623. Nirapad Islami Gram Unnyon Sangstha

Page 41 of 47
624. SAGAR

625. NEED Manobik Unnayan Kandra

626. Briste

627. Narail Ashar Alo Foundation

628. Karatoa Polly Unnoyan Shangstha

629. Swakalpo Society

630. Nirmola Dustha Kallayan Sangstha

631. "CDO" (Community Development Organization)

632. RISDA- Bangladesh

633. Grameen Sangstha

634. Prantic Unnayan Society

635. Pally Kallyan Sangstha

636. Homeland Development Organization

637. Protidwhani Somaj Unnayan Sangstha

638. Agrapathik Development Foundation

639. Matreeseba Sangstha

640. Sammilon Foundation

641. Social Development Association

642. Tekshoi Unnayan Sangstha

643. Poribar Unnayon Foundation (F,D,F)

644. Poor Relief Services & Health Assistance Society

645. Centre for Integrated Programme & Development (CIPD)

646. Protibandhi Kallyan Kendro

647. Village Development Mohila Shangathan (VDMS)

648. PeopleÕs Welfare Foundation

649. Rangpur Vogibalapara Unnayan Shanghtha (R.V.D.S.)

Page 42 of 47
650. Gender Relation Advancement & Marginalized Development Society

651. Disabled Rehabilitation and Research Association (DRRA)

652. Dipti Foundation

653. Unit for Social Advancement (USA)

654. Center for Community Development & Research (C,C,D,R)

655. Bhaluka Foundation

656. Social Development Programme

657. Gano Kallayan Society (GKS)

658. Ancholic Polli Unnayan Sangstha (APUS)

659. Khandaker Kallyan Trust and Organization

660. Lal Hossain Chowdhury Memorial Foundation

661. Rural Youth Development Organization (RYDO)

662. Ulashi Sreejony Sangha

663. Organization-for-the Poor Advancement Committee (OPAC)

664. United Model Society

665. Beneficiary's Friendship Forum (B,F,F)

666. Palli Bikash Foundation (PBF)

667. Nawbagonj Integreted Poverty Aleavation Foundation

668. Association of Voluntary Actions for Society (AVAS)

669. Basantapur Polli Sheba Sangstha

670. Srijan Mohila Sangstha

671. Gonoshasthaya Kendra

672. Mirzapur Paribesh Unnayan Foundation

673. Relation

674. Tarana Trust

675. Manob Unnayan Karmosuchi

Page 43 of 47
676. Dharani Samaj Kallayan Sangstha

677. Women Job Creation Centre

678. Palli Kallyan Shikkha Society ( P.K.S.S )

679. Padma-Gorai Manobik Unnayan Sangstha

680. Moharam Ali Memorial Foundation

681. North Bengal Rural Development Society (N.R.D.S)

682. Amra Kaj Kory (A,K,K)

683. Chhatihati Nabo Uddipon Sangha

684. Al Kariem Shikkha O Paribesh Unnayan Foundation

685. Retired Grameen Banker's Foundation

686. Voluntary Activities for Social & Human Advancement Foundation

687. Social Association for Future Establishment (SAFE)

688. Jamuna Samaj Kallyan Sangstha

689. Shikha Samaj Kalyan Sangstha

690. Social & Cultural Development Foundation (S.C.D.F)

691. Esamoti Human Development Foundation

692. Alor Nir Somity

693. Agragati Seba Sangstha

694. BADHAN GRAM UNNAYAN FOUNDATION

695. Shamoli Polli Unnayan Sangstha

696. Nirapod Samaj

697. Barendra Advancement Integrated Committee (BAIC)

698. Kaduty Bazar Khudra Babshayee Samiti

Page 44 of 47
Microcredit Regulatory Authority
The Microcredit Regulatory Authority (MRA) has been established by the Government of the
People‟s Republic of Bangladesh under the "Microcredit Regulatory Authority Act 2006” to
promote and foster sustainable development of microfinance sector through creating an
enabling environment for NGO-MFIs in Bangladesh. MRA is the central body to monitor
and supervise microfinance operations of NGO-MFIs. License from the Authority is
mandatory to operate microfinance operations in Bangladesh as an NGO.
Microcredit Regulatory Authority (MRA) is the central body to monitor and supervise
microfinance operations of non- governmental organizations of the Republic of Bangladesh.
It was created by the Government of Peoples‟ Republic of Bangladesh under the Microcredit
Regulatory Authority Act (Act no. 32 of 2006). License from the Authority is mandatory to
operate microfinance operation in Bangladesh as an NGO. On September 28, 2012 at the
Alliance for Financial Inclusion‟s Global Policy Forum 2012, the bank made a commitment
under the Maya Declaration to promote agent and mobile banking, implement consumer
protection initiatives, and establish a credit bureau for the MFI sector.
Microcredit in Bangladesh

The microcredit program in Bangladesh is implemented by NGOs, Grameen Bank, different

types of government-owned banks, private commercial banks, and specialized programs of
some ministries of the Bangladesh Government, etc. Despite the fact that more than a
thousand institutions are operating microcredit programs, only 10 large Microcredit
Institutions (MFIs) and Grameen Bank represent 87% of total savings of the sector (around
BD taka 93 billion) and 81% of total outstanding loans of the sector (around BD taka 157.82
billion). Nearly two hundred thousand people are employed in MFIs and Grameen Bank.
Around 30 million poor people are directly benefiting from microcredit programs. Through
the financial services of microcredit, these poor people are engaging themselves in various
income generating activities. At present, financial service of BD taka 160 billion (approx.) is
being rendered among 30 million poor people who help them to be self-employed which
helps to accelerate the overall economic development process of the country.
Microcredit institutions have been providing various social and financial services to the poor
to alleviate poverty within the society for the last three decades. However, they remained
outside any central supervisory system. To bring the microcredit sector under a regulatory
framework, the government of Bangladesh enacted the “Microcredit Regulatory Authority
Act, 2006” on July 16, 2006 with effect from August 27, 2006. The Microcredit Regulatory
Authority has been established under this Act and is empowered and responsible for
monitoring and supervising the microcredit activities of the MFIs. According to the Act, no
MFI can operate microcredit programs without obtaining a license from MRA. Within the
stipulated period, 4,236 microcredit institutions applied for a license. Among them, 335
microcredit institutions have been licensed until September 2008. Applications by 438
institutions could not be considered. 2,599 small institutions are advised to fulfill minimum
criteria of obtaining a license (either minimum balance of outstanding loan at field level BD
taka four million or minimum borrower 1,000) within June 2009. Legal requirement to be
an NGO- MFI The organization/person willing to operate microcredit activities in
Bangladesh shall submit an application to the MRA in the prescribed form and manner after
getting registration as an NGO under any of the following acts: The Societies Registration

Page 45 of 47
Act, 1860 (Act XXI of 1860); The Trust Act, 1882 (Act II of 1882); The Voluntary Social
Welfare Agencies (Registration and Control) Ordinance, 1961 (Ordinance No. XLVI of
1961); TheCompanies Act, 1994 (Act XVIII of 1994). Financial inclusion The Authority is
active in the realm of financial inclusion and is a member of the Alliance for Financial
Inclusion.
BANGLADEASH SECURITIES AND EXCHANGE COMMISSION

The Bangladesh Securities and Exchange Commission (BSEC) is the regulator of the capital
market of Bangladesh, comprising Dhaka Stock Exchange (DSE) and Chittagong Stock
Exchange (CSE). The Commission is a statutory body and attached to the Ministry of
Finance.

BSEC

Dhaka Stock Exchange Chittagong Stock Exchange

BSEC was established on 8 June 1993 under the Securities and Exchange Commission Act,
1993. The Chairman and Members of the Commission are appointed by the government and
have overall responsibility to administer securities legislation. The Commission, at present
has three full-time members, excluding the Chairman. The Commission is a statutory body
and attached to the Ministry of Finance. Mission

 Protect the interests of securities investors

 Develop and maintain fair, transparent and efficient securities markets
 Ensure proper issuance of securities and compliance with securities laws

Page 46 of 47
Functions
 Regulating the business of the Stock Exchanges or any other securities market.
 Registering and regulating the business of stock-brokers, sub-brokers, share transfer
agents, merchant bankers and managers of issues, trustee of trust deeds, registrar of
an issue, underwriters, portfolio managers, investment advisers and other
intermediaries in the securities market.
 Registering, monitoring and regulating of collective investment scheme including all
forms of mutual funds.
 Monitoring and regulating all authorized self-regulatory organizations in the
securities market.
 Prohibiting fraudulent and unfair trade practices relating to securities trading in any
securities market.
 Promoting investors‟ education and providing training for intermediaries of the
securities market.
 Prohibiting insider trading in securities.
 Regulating the substantial acquisition of shares and take-over of companies.
 Undertaking investigation and inspection, inquiries and audit of any issuer or dealer
of securities, the Stock Exchanges and intermediaries and any self-regulatory
organization in the securities market.
 Conducting research and publishing information.

In financial economics, a financial institution is an institution that provides financial

services for its clients or members. Probably the most important financial service
provided by financial institutions is acting as financial intermediaries. Most financial
institutions are regulated by the government.

Specialized Financial Institutions:

1. House Building Financial Corporation(HBFC)

2. Palli Karma Sahayak Foundation(PKSF)
3. Samabay Bank
4. Grameen Bank

Referance:
 www.bangladeshbank.org.bd
 www.idra.org.bd
 Suggested books

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