1. Course Title- Principles of Banking
Assignment on-
Overview of Financial & Banking system of Bangladesh
Submitted to-
Rojina Akter
Lecturer
FBE, Daffidil International University
Submitted by-
Saila Siddika
ID- 111-11-1918
Sec-E

2. Overview of Financial system of Bangladesh
The financial system of Bangladesh is comprised of three broad fragmented sectors:
1. Formal Sector,
2. Semi-Formal Sector,
3. Informal Sector.
The sectors have been categorized in accordance with their degree of regulation.
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
Financial System of Bangladesh
Formal Sector Semi Formal Sector Informal Sector
Financial Market Regulators & Specialized Financial Institutions:
Institutions
1. House Building Financial Corporation(HBFC)
Money Market
Bangladesh Bank 2. Palli Karma Sahayak Foundation(PKSF)
(Banks, 3. Samabay Bank
(Central Bank)
NBFIs,Primary 4. Grameen Bank
Dealers)
Banks
Capital Market 47 scheduled & 4 non-scheduled banks
(Investment banks,
Stock Exchanges, NBFIs 31 NBFIs
Credit Rating
Companies etc.) Insurance Development & Regulatory Authority
(Insurance Authority)
Foreign Exchange
Market Insurance Companies
(Authorized 18 Life and 44 Non-Life Insurance Companies
Dealers)
Securities & Exchange Commission
(Regulatory of capital market Intermediaries)
Stock Exchanges, Stock Dealers & Brokers, Merchants
Banks, AMC s, Credit Rating Agencies etc.
Microcredit Regulatory Authority (MFI Authority)
Micro Finance Institutions 599 MFIs