Banking Acronyms in Bangladesh With Abbreviations

Banking abbreviations and acronyms are a common aspect of the financial industry, often used to simplify complex terms and concepts. These abbreviations can be found on bank statements, financial documents, and various financial websites, making it essential for individuals to understand their meanings to navigate the world of banking effectively. This blog post will provide an overview of some of the most common banking abbreviations and acronyms, helping you decipher the language of the financial world.

Acronyms vs Abbreviations

Acronyms and abbreviations are both shortened forms of words or phrases, but they differ in some key ways:


  • Acronyms: Formed by taking the initial letters or syllables of words and combining them into a new, pronounceable word. Some acronyms become words in their own right, and their original meaning may be less emphasized over time. Examples: BACH (Bangladesh Automated Clearing House), BRAC (Bangladesh Rural Advancement Committee).
  • Abbreviations: Abbreviations are shortened forms of single words or phrases. They may consist of the initial letters, a combination of letters, or a series of characters that represent the full word or phrase. Examples: Pvt. (Private), Ltd. (Limited), etc. (et cetera)


  • Acronyms: Pronounced as a single word.
  • Abbreviations: Usually pronounced by saying each letter individually (e.g., D-R, L-T-D). Some exceptions exist, like “PhD” being pronounced “pee-aitch-dee”.

Banking Acronyms In Bangladesh

The list of banking abbreviations and acronyms provided in this blog post mainly focuses on Bangladesh. Therefore, this blog post will be particularly useful for individuals who are interested in understanding the banking industry in Bangladesh and its associated acronyms. Some acronyms are used in other sectors and even may seem unrelated but they are listed here for somehow being used in the banking industry. The list is alphabetically arranged to let you easily find the terms you are looking for. So, let’s start exploring!

AACOBB Association of Anti-Money Laundering Compliance Officers of Banks in Bangladesh

A/C Account

ACD Agriculture Credit Department

ACS Automated Challan System

ACU Asian Clearing Union

ACUD Asian Clearing Union Dollar

ADB Asian Development Bank

ADC Alternate Delivery Channels

ADP Annual Development Programme

ADR Advance Deposit Ratio

ADs Authorised Dealers

AFI Alliance for Financial Inclusion

AFD Agence Francaise de Developpement

AGDs Authorized Gold Dealers

AGM Annual General Meeting

AIIB Asian Infrastructure Investment Bank

AIT Advance Income Tax

ALCO Asset Liability Management Committee

ALM Asset-Liability Management

AML Anti Money Laundering

APA Annual Performance Agreement

APG Asia Pacific Group on Money Laundering

APTA Asia Pacific Trade Agreement

ASA Association for Social Advancement

ASEAN Association of South East Asian Nations

ATDTL Average Total Demand and Time Liabilities

ATM Automated Teller Machine

B2B Business to Business

B2P Business to Person

BAC Board Audit Committee

BACH Bangladesh Automated Clearing House

BACPS Bangladesh Automated Cheque Processing Systems

BADC Bangladesh Agricultural Development Corporation

BAFEDA Bangladesh Foreign Exchange Dealers Association

BAMLCO Branch Anti-Money Laundering Compliance Officer

BANBEIS Bangladesh Bureau of Educational Information and Statistics

BARD Bangladesh Academy for Rural Development

BAS Bangladesh Accounting Standards

BASIC Bangladesh Small Industries and Commerce

BAU Business As Usual

BB Bangladesh Bank

BBMC Bangladesh Bank Musharaka Certificate

BBS Bangladesh Bureau of Statistics

BBTA Bangladesh Bank Training Academy

BCBS Basel Committee on Banking Supervision

BCG Boston Consulting Group

BCIC Bangladesh Chemical Industries Corporation

BCO Branch Compliance Officer

BCP Business Continuity Plan

BCP Basel Core principles

BCR Bangladesh Compounded Rate

BDBL Bangladesh Development Bank Limited

BDT Bangladesh Taka

BEPZ Bangladesh Export Promotion Zone

BEZA Bangladesh Economic Zones Authority

BEFTN Bangladesh Electronic Fund Transfer Network

BEPZA Bangladesh Export Processing Zone Authority

BFIU Bangladesh Financial Intelligence Unit

BFRS Bangladesh Financial Reporting Standards

BGIIB Bangladesh Government Islamic Investment Bond

BGIS Bangladesh Government Investment Sukuk

BGITB Bangladesh Government Islamic Treasury Bill

BGTBs Bangladesh Government Treasury Bonds

BHBFC Bangladesh House Building Finance Corporation

BHI Bank Health Index

BIA Bangladesh Insurance Academy

BIBM Bangladesh Institute of Bank Management

BREN Bangladesh Research and Education Network.

BGMEA Bangladesh Garments Manufactures and Exporters Association

BHTPA Bangladesh Handloom Board Bangladesh Hi-tech Park Authority

BIDA Bangladesh Investment Development Authority

BIDS Bangladesh Institute of Development Studies

BIMSTEC Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation

BIS Bank for International Settlements

BJMC Bangladesh Jute Mills Corporation

BKB Bangladesh Krishi Bank

BKMEA Bangladesh Knitwear Manufacturers and Exporters Association

BLPA Bangladesh Land Port Authority

BO Beneficiary Owners BO Beneficial Owner

BOI Board of Investment

BOSEL Bangladesh Overseas Employment and Service Limited

BoP Balance of Payments

BPC Bangladesh Petroleum Corporation

BPC Bangladesh Parjatan Corporation

BPSSR Bangladesh Payment and Settlement Systems Regulations

BPDB Bangladesh Power Development Board

BRAC Bangladesh Rural Advancement Committee

BRDB Bangladesh Rural Development Board

BRMC Board Risk Management Committee

BRPD Banking Regulation & Policy Department

BRTA Bangladesh Road Transport Authority

BSBL Bangladesh Samabaya Bank Limited

BSC Bangladesh Shipping Corporation

BSCCL Bangladesh Submarine Cable Company Limited

BSEC Bangladesh Steel and Engineering Corporation

BSEC Bangladesh Securities and Exchange Commission

BSFIC Bangladesh Sugar and Food Industries Corporation

BSCIC Bangladesh Small and Cottage Industries Corporation

BSI Banking Soundness Index

BSRD Bangladesh Systemic Risk Dashboard

BSS Bangladesh Secretarial Standards

BTCL Bangladesh Telecommunication Company Limited

BTMC Bangladesh Textile Mills Corporation.

BTRC Bangladesh Telecommunication Regulatory Commission

BTMC Bangladesh Textile Mills Corporation

BURO Basic Unit for Resources and Opportunities of Bangladesh

c&f cost and freight

CA Certifying Authority

CA Chartered Accountant

CAMD Capital Adequacy and Market Discipline

CAMEL Capital Adequacy, Asset Quality, Management, Earnings and Liquidity

CAMELS Capital Adequacy, Asset Quality, Management, Earnings, Liquidity and Sensitivity to Market Risk

CAMLCO chief Anti-money Laundering Compliance Officer

CASA Current Account, Savings Account

CASPI CSE all share price Index

CAR Capital Adequacy Ratio

CBS Core Banking Solution CBS Core Banking Software

CCA Controller of Certifying Authority

CCB Capital Conservation Buffer

CCB Counter-cyclical Capital Buffer

CCC Central Compliance Committee

CCTG Coordination Committee Technical Group

CCTV Closed-circuit Television

CDBL Central Depository Bangladesh Limited

CDLC Central Depository for Large Credit

CECRFP COVID-19 Emergency and Crisis Response Facility Project

CEO Chief Executive Officer

CET1 Common Equity Tier-1

CETP Central Effluent Treatment Plant

CEU Chief Economist’s Unit

CEZL City Economic Zone Limited

CFC Cyber Fusion Center

CFP Contingency Funding Plan

CFR Cost and Freight

CFSI Composite Financial Stability Index

CFT Combating the Financing of Terrorism

CGC Corporate Governance Code

CGS Credit Guarantee Scheme

CIB Credit Information Bureau

CIF Cost, Insurance and Freight

CIC Central Intelligence Cell

CICO Cash In/ Cash Out

CIDD Center for Inclusive Development Dialogue

CIP Commercially Important Person

CIPC Customers Interest Protection Centre

CIRDAP Centre on Integrated Rural Development for Asia and the Pacific

CIT Cheque Imaging and Truncation

CMMS Corporate Memory Management System

CMS Cottage, Micro and Small Enterprise

CMSME Cottage, Micro, Small and Medium Enterprises

CNY Chinese Yuan Renminbi

COVID-19 Corona Virus Disease of 2019

CP Commercial paper

CPI Consumer Price Index

CRAB Credit Rating Agency of Bangladesh

CRAR Capital to Risk-weighted Asset Ratio

CRISL Credit Rating Information and Services Limited

CRM Credit Risk Management

CRMs Cash Recycler Machines/Cash Recycling Machine

CRMR Comprehensive Risk Management Report

CRR Cash Reserve Requirement

CSE Chittagong Stock Exchange

CSP Customer Security Program

CSR Corporate Social Responsibility

CYFI Child and Youth Finance International

DBI-1 Department of Banking Inspection-1

DBI-2 Department of Banking Inspection-2

DBI-3 Department of Banking Inspection-3

DBI-4 Department of Banking Inspection-4

DBI-5 Department of Banking Inspection-5

DBI-6 Department of Banking Inspection-6

DBI-7 Department of Banking Inspection-7

DBI-8 Department of Banking Inspection-8

DCFCL Departmental Control Function Checklist

DEI Diversity, Equity and Inclusion

DFEI Department of Foreign Exchange Inspection

DFIM Department of Financial Institutions & Market

DFS Digital Financial Services

DIB Dollar Investment Bond

DID Deposit Insurance Department

DIS Deposit Insurance System

DITF Deposit Insurance Trust Fund

DMBs Deposit Money Banks

DMD Debt Management Department

DMS Document Management System

DNC Department of Narcotics Control

DNS Deferred Net Settlement

DOMS Digital Office Management System

DOS Department of Off-site Supervision

DP Depository Participant DPs Depository Participant

DPA Domestic Processing Areas

DPB Dollar Premium Bond

DSE Dhaka Stock Exchange

DSEX Dhaka Stock Exchange Broad Index

D-SIBs Domestic Systemically Important Banks

DTA Deferred Tax Assets

DTH Direct to Home

DVS Document Verification System

EAR Early Alert Review

EBCP Enterprise Business Continuity Plan

EBITDA earnings before interest, taxes, depreciation and amortization

EC Executive Committee

ECB European Central Bank

ECAI External Credit Assessment Institutions

ECF Extended Credit Facility

ECL Expected Credit Loss

ECRL Emerging Credit Rating Limited

EDF Export Development Fund

EDS Electronic Dealing System

EDW Enterprise Data Warehouse

EEF Equity and Entrepreneurship Fund

EFD Electric Fiscal Device

EFT Electronic Fund Transfer

EGBMP Enterprise Growth and Bank Modernization Programme

EI Expenditure-Income

EMI Equated Monthly Installments

EMT Executive Management Team

EMV EuroPay, MasterCard and VISA

EOI Expression of Interest

EoP End of Period

EPB Export Promotion Bureau EPZ Export Processing Zone

EPS Earnings Per Share

ERAF Enterprise Risk Associates Forum

ERGF Enterprise Risk Governance Forum

ERM Enterprise Risk Management

ERMC Executive Risk Management Committee

ERP Enterprise Resource Planning

ERQ Exporters’ Retention Quota

ESCAP the United Nations Economic and Social Commission for Asia and the Pacific

ESDD Environmental and Social Due Diligence

ESF Entrepreneurship Support Fund

ESG Environmental, Social & Governance

ESRM Environmental and Social Risk Management

ESRR Environmental and Social Risk Rating

ETP Effluent Treatment Plant

EU European Union

EVA Economic Value Added

EXIM Export Import Bank of Bangladesh

FAO Food and Agriculture Organisation

FATF Financial Action Task Force

FC Foreign Currency

FCA Financial Conduct Authority

FCD Forreign Currency Deposit

FCBs Foreign Commercial Banks

FCK Fixed Chimney Kiln

FCY Foreign Currency

FDI Foreign Direct Investment

FEPD Foreign Exchange Policy Department

FFD Freedom Fixed Deposit

FIs Financial Institutions

FICSD Financial Integrity and Customer Service Department

FID Financial Inclusion Department

FIID Financial Institutions Inspection Department

FIU Financial Intellligence Unit

FMI Financial Market Infrastructure

FPMU Food Planning and Monitoring Unit

FoB Free on Board FPM Financial Projection Model

FRC Financial Reporting Council

FRS Financial Stability Report

FRTB Floating Rate Treasury Bond

FRTMD Foreign Reserve and Treasury Management Department

FSD Financial Stability Department

FSM Financial Stability Map

FSR Financial Stability Report

FSs Financial Statements

FSSSPD Financial Sector Support and Strategic Planning Department

FSSP Financial Sector Support Project

FUM Fund Under Management

FVI Financial Vulnerability Index

FX Foreign Exchange

FY Financial Year (July- June)

G2P Government to Person

G-7 Group of Seven

GABV Global Alliance for Banking on Values

GCRM Guidelines on Country Risk Management

GDE Gross Domestic Expenditure

GDP Gross Domestic Product

GDS Gross Domestic Savings

GF Green Finance

GFSR Global Financial Stability Report

GFET Guidelines for Foreign Exchange Transactions

GHG Green House Gas

GIIB Government Islamic Investment Bond

GIZ German Agency for International Cooperation

GNI Gross National Income GNS Gross National Savings

GPF General Provident Fund

GoB Government of Bangladesh

GRA General Resources Account

GRI Global Reporting Initiative

GS Govornor Secretariat

GSIMS Government Savings Instrument Management System

GTF Green Transformation Fund

GVA Gross Value Added

H1 First Half

H2 Second Half

HBFC House Building Finance Corporation

HFT Held for Trade

HHK Hybrid Hoffman Kiln

HRD Human Resources Department

HTM Held to Maturity

HQLA High Quality Liquid Asset

IAD Internal Audit Department

IADI International Association of Deposit Insurers

IAMCL ICB Asset Management Company Ltd

IAR Integrated Annual Report

IAS International Accounting Standards

IASB International Accounting Standards Board

IB Islamic Banking

IBF Islamic Bond Fund

IBFT Internet Banking Fund Transfer

IBRD International Bank for Reconstruction and Development

IBS Islamic Banking System

ICAAP Internal Capital Adequacy Assessment Process

ICAB International Chartered Accountants of Bangladesh

ICB Investment Corporation of Bangladesh

ICC Internal Control and Compliance

ICCD Internal Control and Compliance Division

ICMAB Institute of Cost and Management Accountants of Bangladesh

ICML ICB Capital Management Ltd

ICSB Institute of Chartered Secretaries of Bangladesh

ICT Information and Communication Technology

ID Identity Document

IDA International Development Association/ International Development Agency

IDLC Industrial Development Leasing Company

IDR Investment Deposit Ratio

IDRA Insurance Development and Regulatory Authority

IESBA International Ethics Standards Board for Accountants’

IFC International Finance Corporation

IFRS International Financial Reporting Standards

IFF Illicit Financial Flow

IIFM Islamic Inter-bank Fund Market

IIRC International Integrated Reporting Council

IMF International Monetary Fund

IMTOs International Money Transfer Operators

IOSCO International Organization of Securities Commissions

IPDC Industrial Promotion and Development Company

IPFF Investment Promotion and Financial Facility IPFF Investment Promotion and Financing Facilities

IPO Initial Public Offering

IR Investor Relations

IRF Incident Response Forum

IRM Investment Risk Management

IRIDP-3 ‘Important Rural Infrastructure Development Project on Priority Basis-3

ISAs International Standards on Auditing

ISDSD Information Systems Development and Support Department

ISMD Integrated Supervision Management Department

ISO International Organisation for Standardisation

ISS Integrated Supervision System

ISSP Information System Strategy Paper

ISTCL ICB Securities Trading Company Ltd.

IT Information Technology

ITC-ILO International Training Centre of the International Labour Organisation

ITES Information Technology Enabled Services

ITM Interbank Transaction Matrix

JBC Jibon Bima Corporation

JICA Japan International Cooperation Agency

JPY Japanese Yen

KPI Key Performance Indicators

KRI Key Risk Indicator

KSA Kingdom of Saudi Arabia

KYC Know Your Customer

LC Letter of Credit

LCR Liquidity Coverage Ratio

LDCL Loan Documentation Checklist

LDPE Low-Density Polyethylene

LEA Law Enforcement Agencies

LED Light Emitting Diode

LF-I-SME Local Finance Initiatives Support to SMEs

LFSSP Line of Finance to Support SMEs Project

LIBOR London Interbank Offered Rate

LOS Loan Originating System

LPG Liquefied Petroleum Gas

LS Liquidity Support

LSF Liquidity Support Facility

LTD. Limited

LTFF Long Term Financing Facility

M1 Narrow Money

M2 Broad Money

MANCOM Management Committee

MCR Minimum Capital Requirements

ME Mutual Evaluation

MF-CIB Credit Information Bureau for Micro Finance Institutions

MFIs Microfinance Institutions

MFS Mobile Financial Services

MFSPs Mobile Financial Service Providers

MI Market Infrastructure M

MICR Magnetic Ink Character Recognition

MIMAP Micro Impact of Macroeconomics and Adjustments Policies

ML Money Laundering

MLT Medium to Long Term

MoF Ministry of Finance

MoU Memorandum of Understanding

MPD Monetary Policy Department

MPI Murabaha Post Import

MPS Monetary Policy Statement

MPSA Microsoft Product and Services agreement

MRA Microcredit Regulatory Authority

MSI Monetary Sector Index

MSMEs Micro, Small and Medium Enterprises

MTMF Medium Term Macroeconomic Framework

MTR Murabaha Trust Receipt

MVA Market Value-added

NAFTA North American Free Trade Agreement

NAV Net Assets Value

(NBDCs Non- bank Depository Corporations

NBFIs Non-Bank Financial Institutions

NBR National Board of Revenue

NCI Non-controlling Interest

NDA Net Domestic Assets

NEER Nominal Effective Exchange Rate

NFA Net Foreign Assets

NFAs No-Frill Accounts

NFC Near Field Communication

NFCD Non-Resident Foreign Currency

NFCs Non Financial Corporations

NFIS National Financial Inclusion Strategy

NGOs Non-Governmental Organisations

NIA Negotiable Instruments Act

NIBM National Institute of Bank Management

NII Net Interest Income

NIM Net Interest Margin

NIS National Integrity Strategy

NITAs Non-resident Investor’s Taka Accounts

NOPAT Net Operating Profit After Tax

NPA Non-performing Asset

NPI Non-performing Investment

NPL Non-performing Loan

NPLs Non-performing Loans

NPSB National Payment Switch, Bangladesh

NRB Non-resident Bangladeshi

NSDS National Sustainable Development Strategy

NSFR Net Stable Funding Ratio

OBO Off-shore Banking Operation

OBU Off-shore Banking Unit

ODA Official Development Assistance

ODB Overdraft-block

ODC Overdraft- current

OFC Other Financial Corporations

OIC Organization of Islamic Cooperation

OMO Open Market Operation

OMOF Open Market Operations Fund

OMS Open Market Sales

OPGSPs Online Payment Gateway Service Providers

OTC Over the Counter P2B Person to Business

P2G Person to Government

P2P Person to Person

PAT Profit After Tax

PBT Profit Before Tax

PBV Price-to-book Value

PCB Printed Circut Board

PCBs Private Commercial Banks

PCIDSS Payment Card Industry Data Security Standard

PDs Primary Dealers

PESTEL Political, Economic, Social, Technological, Legal, and Environment.

PET Polyethene Terephthalate

PFDS Public Food Distribution System

PF Proliferation Financing

PFI Participating Financial Institution

PGL Portfolio Guarantee Limit

PIF Post Import Financing

PKSF Palli Karma Sahayak Foundation

PLS Profit and Loss Sharing

PMBF Professional Masters in Banking and Finance

PMFIs Participating Microfinance Institutions

PMS Performance Management System

PN Policy Note

POL Petroleum, Oil and Lubricants

POs Partner Organisations

POS Point of Sale

PPE Personal Protective Equipment

PP&E Property, Plant and Equipment

PPG Product Program Guideline

PSD Payment Systems Department

PSO Payment Systems Operator

PSP Payment Services Providers

PSR Profit Sharing Ratio

PV Photovoltaic

PVC Polyvinyl Chloride

QFSAR Quarterly Financial Stability Assessment Report

QIIP Quantum Index of Industrial Production

QOR Quarterly Operations Report

QR Quick Response

RAKUB Rajshahi Krishi Unnayan Bank

RAM Random Access Memory

RAS Risk Appetite Statement

RBCA Risk Based Capital Adequacy

RBS Risk Based Supervision

RBIA Risk Based Internal Audit

RCDM Real-time Cash Deposit Machine

RCF Rapid Credit Facility

RFCD Resident Foreign Currency Deposit

RECI Regional Economic Climate Index

REER Real Effective Exchange Rate

REPO Repurchase Agreement

RFFO Regulatory Fintech Facilitation Office

RFI Rapid Financing Instrument

RHS Right Hand Side

RICO Racketeer Influenced and Corrupt Organizations Act

RJSC & F Registrar of Joint Stock Companies & Firms

RM Reserve Money

RMD Risk Management Division

RMG Ready Made Garments

RMU Risk Management Unit

ROA Return on Assets

ROC Regional Operating Centre

ROE Return on Equity

RoI Return on Investment

RPO Repeat Public Offering

RTDM  Real Time Deposit Machine RTDM

RTGS Real Time Gross Settlement

RTI Right to Information

RTL Raw Tech Limited

RWA Risk Weighted Assets

SAARC South Asian Association for Regional Cooperation

SABINCO Saudi-Bangladesh Industrial & Agricultural Investment Company Limited

SAFA South Asian Federation of Accountants

SAM Special Asset Management

SAP Systems, Applications and Products in data processing

SARs Suspicious Activity Reports

SBs Specialized Banks

SBC Shadharan Bima Corporation

SCBs State -owned Commercial Banks

SCDP Second Crop Diversification Project

SCF Supply Chain Finance Solution

SCT Strategic Communication Team

SD Statistics Department

SD Secure Digital

SDC Sales Data Controller

SDC Swiss Agency for Development and Cooperation

SDGs Sustainable Development Goals

SDP Skills Development Program

SDR Special Drawing Rights

SEC Securities and Exchange Commission

SEF Small Enterprise Fund

SEIP Skills for Employment Investment Programme

SEK Singapore Dollar SF Sustainable Finance

SFD Sustainable Finance Department

SFU Sustainable Finance Unit

SGD Singapore Dollar

SIM Subscriber Identity Module

SLR Statutory Liquidity Ratio

SMA Special Mention Account

SMAP Small and Marginal Sized Farmers Agricultural Productivity Improvement and Diversification Financing Project

SMEs Small and Medium-sized Enterprises

SMESDP Small and Medium-sized Enterprise Sector Development Project

SMESPD SME & Special Programmes Department

SMS Short Message Service

SOC Security Operation Centre

SOCBs State Owned Commercial Banks

SOICs State Owned Insurance Companies

SP Special Publication

SPCBL Security Printing Corporation (Bangladesh) Ltd.

SPCSSECP Supporting Post COVID-19 Small Scale Employment Creation Project

SPM Suspended Particulate Matter

SPS Service Process Simplification

SPTB Special Treasury Bonds

SPV Special Purpose Vehicle

SREP Supervisory Review Evaluation Process

SRF Socially Responsible Finance

SQAT Software Quality Assurance and Testing

SRP Supervisory Review Process

SREP Supervisory Review Evaluation Process

SREUP Safety Retrofits and Environment Upgrades in RMG Project

SRF Socially Responsible Financing

SSD Solid State Drive

STP Straight-Through-Processing

STRs Suspicious Transaction Reports

SWIFT Society for Worldwide Interbank Financial Telecommunication

TA Technical Assistance

TAT Turnaround Time

TBS Triple Benefit Savings

TF Terrorist Financing

TDS Tax Deducted at Source

TIN Tax Identification Number

TMS Treasury Management System

TMSS Thengamara Mohila Sabuj Sangha

ToR Terms of Reference

ToT Terms of Trade

TSEL Technaf Solar Tech Energy Limited

TSS Technical Support Services

UAE United Arab Emirates

UBSP Urban Building Safety Project

UK United Kingdom

UNCDF United Nations Capital Development Fund

UNCTAD United Nations Conference on Trade and Development

UNODC United Nations Office on Drugs and Crime

UNSDGs United Nations’ Sustainable Development Goals

US United States

USA United States of America

USB Universal Serial Bus

USD US Dollar

USDOJ US Department of Justice

VAS Value Added Service

VAT Value Added Tax

VDP Village Defense Party

VoC Voice of Customers

VSBK Vertical Shaft Brick Kiln

WAR Weighted Average Resilience

WAR-WIR Weighted Average Resilience-Weighted Insolvency Ratio

WDV Written Down Value

WEDB Wage Earner Development Board

WEF Women Entrepreneur Fund

WEO World Economic Outlook

WFH Working From Home

WHO World Health Organization

WHT Withholding Tax

WP Working Paper

WTO World Trade Organisation

YLP Young Leaders’ Programme

YoY Year on Year


Understanding banking abbreviations and acronyms is crucial for navigating the complex world of finance. By familiarizing yourself with these terms, you can better comprehend financial documents, statements, and conversations. The more you learn about these abbreviations and acronyms, the more informed decisions you can make about your financial matters. So, take the time to explore the list of abbreviations and acronyms provided in this blog post, and empower yourself to better understand and manage your finances.

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