JanaTaBank-Bd.com is a Bangladesh-based financial institution
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Overview
Description
Bangladesh was born in 1971 through a war of liberation. The political struggle which ensued since 1947, the year of partition of Indian subcontinent and formation of Pakistan and India, was focused on a number of issues. The demand for making Bangla, the mother tongue of the majority of the people; then against multiple economic, social and political injustices eventually led to this war. The political history of Bangladesh has always been a checkered one. Before 1947, the land that comprises Bangladesh was part of Bengal which once used to be known as a wealthy centre of textiles and jute. Before the intervention by British colonial power, Bengal was poised for a transition to an industrial nation. But the two centuries of colonial exploitation reverted it into a primary producing country. The twenty three years of oppressive rule of West Pakistan ruling clique left Bangladesh as one of the most deprived and destroyed regions of the world. However, Bangladesh has come a long way from its negative images and is now considered as one of the fastest growing economies. Besides stable democracy, the five percent plus economic growth rate and fantastic development of the garments sector has given Bangladesh a positive image which was not happening for a long time.
The potential for gas exploration, software development and many other areas of foreign direct investment has made Bangladesh the centre of global attention.
Bangladesh is one of the most densely populated countries. Despite high concentration of poverty, it is also cited as a laboratory of may success stories including internationally acclaimed micro-credit initiatives and NGOs. The economy is largely agricultural, with growing manufacturing and service sectors. Only natural crisis remains a major worry. However, people are very hard working and resilient. They have been coping disasters quite boldly and creatively.
