Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. The banking sector in Bangladesh consists of several types of institution:
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.
Secheduled Banks are licensed under the Bank Company Act, 1991 (Amended up to 2013).
Non-Scheduled Banks are licensed only for specific functions and objectives, and do not offer the same range of services as scheduled banks.