Classification of bank on the basis of non-banking financial institutions

There are various kinds of non-bank financial institutions operating in Bangladesh. The leading of those banks are as follows-
1. Merchant banking companies: Merchant banking companies help business house or the government corporation in raising capital from the open market through share capital, debenture, and long-term deposits. They act as middlemen between businessman and the investors. They underwrite issue of share and provide consultancy services to the clients. In Bangladesh, separate merchant banking companies are yet to seen. These jobs are partly done by some of the commercial banks. Some leasing companies also do merchant banking.

Ottoman Institutions and Reasons behind Success of This Empire

The administrative institutions characteristic of the late Ottoman Empire had already taken shape in the fourteenth century during the reigns of the first sultans. At the apex of the hierarchical Ottoman system was the person of the sultan, who acted in a number of capacities, political, military, judicial, social, and religious--under a variety of titles. Officially the sultan was called padishah. Among the Turks he was, as his nomadic warrior forebears had been, the khan, a master of the tribal ruling class. For his Christian subjects he was the "emperor"; later, among the Arabs under Ottoman rule, he was the imam, the protector of Islam. He was theoretically responsible only to God and God's law, the Islamic seriat , of which he was the chief executor. All offices were filled by his authority, and all legislation was issued by him in the form of a fireman. He was supreme military commander, and he had basic title to all land.