ASSIGNMENT ON CO-OPERATIVE MOVEMENT IN BANGLADESH Course: 519 SUBMITTED TO Professor M.A. Baqui Khalily Dept. of Finance University of Dhaka SUBMITTED BY Alauddin Sumon MBA 11th Batch ID: 162 Dept. of Finance University of Dhaka. regard of Submission 28 March 2011 Introduction: The specific stock of enterprise c bothed Co-operative, relying on the specified principles, has proven sure-fire some(prenominal) in developed & developing countries. For socio-economic co-operative bank reduces banking exclusion & p arnt the economic ability of millions of people by playing an influential role on the economic growth in the sphere & increase the efficiency of International financial system. Co-operative banks differ from stockholders banks by their organization, their goals, their values & their governance. In most countries, they are supervised & controlled by banking authorities & have to respect prudential banking regulation, which put them at a level playing field with stockholders bank. In Bangladesh, Co-operative organizations are supervised by the Govt office for Co-operative. History: 1900-1947: Around 1900, Raifijon, a German social worker carried out a successful experiment on co-operative over comparatively low-level farmers group.
ground on this experiment, an officer of British Government Mr. Nicolson prepared a report, and following this report the co-operative movement started in 1904 in Indo-Pak subcontinent. 1947-1971: In 1947, during the separation of India & Pakistan, the co-operative movement remained under the patronization of the Government. In 1948, Government establish the Apex Bank for co-operative which is known as Bangladesh Samabaya Bank. Credit schedule was operated through this Central Co-operative Bank by the involvement of colligation Multipurpose Bank. The prime source of this lending was from the commercial support of the Central Bank of Bangladesh. During 1957-58, this activities were widely spread out all over... If you want to get a full essay, order it on our website: Ordercustompaper.com
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