List Of Banks In Bangladesh
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List Of Banks In Bangladesh
The banking sector in Bangladesh consists of several types of institutions. Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. Pursuant to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganised 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. Other than Bangladesh Bank, banks in Bangladesh are primarily categorized into two types: Scheduled and Non-Scheduled banks. Scheduled banks Scheduled banks are licensed under the Bank Company Act, 1991 (Amended up to 2013). Currently, there are 61 scheduled banks in Bangladesh. ''State-owned commercial banks (SOCBs)'' There are 6 state-owned commercial banks (SOCBs) that are fully or majorly owned by the Government of Bangladesh. *Agrani Bank Limited * Bangladesh Development Bank * BASIC Bank Limited *Janata Bank Limited * Rupali Bank Limited *Sonali Ba ...
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Bangladesh Bank
Bangladesh Bank ( bn, বাংলাদেশ ব্যাংক) is the central bank of Bangladesh and is a member of the Asian Clearing Union. It is fully owned by the Government of Bangladesh. The bank is active in developing green banking and financial inclusion policy and is an important member of the Alliance for Financial Inclusion. Bangladesh Financial Intelligence Unit (BFIU), a department of Bangladesh Bank, has got the membership of Egmont Group of Financial Intelligence Units. Bangladesh Bank is the first central bank in the world to introduce a dedicated hotline (16236) for people to complain about any banking-related problem. Moreover, the organisation is the first central bank in the world to issue a "Green Banking Policy". To acknowledge this contribution, then-governor Dr. Atiur Rahman was given the title 'Green Governor' at the 2012 United Nations Climate Change Conference, held at the Qatar National Convention Centre in Doha. History On 7 April 1972, af ...
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The City Bank
The City Bank Limited is a Bangladeshi private commercial bank headquartered in Dhaka. The bank provides products and services in retail banking, corporate finance, SME Banking, women banking, digital banking, asset management, equity brokerage, and security. It has 132 branches. The bank is a licensee to issue Visa and MasterCard Debit and Credit Cards and it is the sole licensee of American Express Cards in Bangladesh. The bank is a real-time online bank, having its branches, SME/Agri branches spread across Bangladesh along with a full-fledged Islami Banking branch. The managing director and CEO of the bank is Mashrur Arefin. City Bank has gone international establishing 10 branches and 1 representative office in Malaysia in 2013 and one subsidiary office in Hong Kong in 2019. International Finance Corporation solely has invested BDT 1.31 billion, attaining a 5% share of City Bank. History It is a first-generation private commercial bank and it is one of the oldest commerc ...
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NCC Bank
NCC Bank Limited or National Credit and Commerce Bank Limited is a Bangladeshi private commercial bank. Mohammad Mamdudur Rashid is the present Managing Director and CEO of the bank. History NCC Bank was founded in 1985 as an investment company in the name of NCL (National Credit Limited). It became a scheduled commercial bank after receiving permission from the central bank in 1993 and started with a paid up capital of Tk. 39 crore A crore (; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is e .... The point of the organization was to assemble assets from inside and put them in such path in order to build up nation's Industrial and Trade Sector and assuming an impetus part in the arrangement of the capital market too. National Credit and Commerce Bank Limited bears a unique history of its own. ...
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National Bank Limited
The National Bank Limited ( bn, ন্যাশনাল ব্যাংক লিমিটেড) is a private limited bank in Bangladesh. Md Mehmood Husain is the Managing Director and Chief Executive Officer of the bank. Currently NBL has carrying their business through its 221 branches & Agri Branches spread all over the country. History National Bank Limited is the first private sector bank fully owned by Bangladeshi nationals. The bank was opened on 28 March 1983 but the first branch at 48, Dilkusha Commercial Area, Dhaka started commercial operation on 23 March 1983. The second branch was opened on 11 May 1983 at Khatungonj, Chittagong. In 2009, Sikder Group took over ownership and management of National Bank Limited. In 2015, the under construction office tower of the National Bank Limited in Karwan Bazar collapsed caused a neighboring building and road to suffer a cave in. The bank was accused of not cooperating in the handling of the incident by the Mayor of Dhaka ...
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Mutual Trust Bank Limited
Mutual Trust Bank Limited (Bengali: মিউচুয়াল ট্রাস্ট ব্যাংক লিমিটেড) is a private commercial bank headquartered in Dhaka, Bangladesh. Md Abdul Malek, chairmanSheltech Consultants (Pvt) Ltd, is the chairman of Mutual Trust Bank Limited. The Company was incorporated as a Public Limited Company in 1999, under the Companies Act 1994, with an Authorized Share Capital of BDT 1,000,000,000 divided into 10,000,000 ordinary shares of BDT 100 each. At present, the Authorized Share Capital of the company is BDT 10,000,000,000 divided into 1,000,000,000 ordinary shares of BDT 10 each. History Mutual Trust Bank Limited was established on 29 September 1999. Syed Manzur Elahi was the founding chairman of the Bank. Harris Chowdhury, former political secretary to Prime Minister Khaleda Zia, was a shareholder of the bank. In April 2007, Bangladesh Bank found evidence that Nurunnabi, a Chittagong businessman had embezzled 6.28 billion BDT ...
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Modhumoti Bank Limited
Modhumoti Bank Limited is a private limited commercial bank in Bangladesh. The bank was established in 2013. Md Shafiul Azam is the Chief Executive Officer of the Bank. Humayun Kabir is the chairperson and Sheikh Salahuddin Jewel is the Vice Chairman of the Bank. Sheikh Fazle Noor Taposh is a director of the Bank. History Modhumoti Bank Limited was established on 19 September 2013. Md Shafiul Azam was appointed managing director of the bank in August 2016. In 2018, Modhumoti announced plans to focus on becoming a bank for Small Middle Enterprise in rural areas. In August 2019, Md Shafiul Azam was re-appointed managing director of Modhumoti Bank Limited. From 2018 to 2019, non performing loans at the bank increased by 555 per cent to 580 million taka. Former Mayor of Dhaka South City Corporation, Sayeed Khokon, accused the incumbent mayor of North Dhaka The Mayor of the North Dhaka is the chief executive of the Dhaka North City Corporation. The Mayor's office administe ...
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Midland Bank Limited
Midland Bank Limited is a fourth generation private commercial bank in Bangladesh. Nilufer Zafarullah is chairperson of the bank. Md Ahsan-uz Zaman, is the managing director and CEO of Midland Bank Limited. History Midland Bank Limited was established on 20 March 2013. It was one of nine 4th generation bank approved all of whom have strong ties with Awami League, the government party. Bangladesh Bank approved Midland Bank Limited on the condition that the bank would eventually list on the stock market. Md Ahsan-uz Zaman joined Midland Bank Limited in July 2014 as its chief executive officer and managing director. In 2018, defaulted loans of Midland Bank Limited rose from 220 million taka to 650 million taka. In July 2020, Md Ahsan-uz Zaman reappointed Midland Bank Limited's Chief Executive Officer and Managing Director On 20 June 2021, Bangladesh Bank included Midland Bank Limited in its Interoperable Digital Transaction Platform and Bangladesh Electronic Funds Transfer Networ ...
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Mercantile Bank Limited, Bangladesh
Mercantile Bank Limited is a commercial bank headquartered in Dhaka, Bangladesh. History Mercantile Bank is a public limited company with limited liability under the bank companies act, 1991. Its share are listed in Dhaka Stock Exchange and Chittagong Stock Exchange. The bank provide products and services in retail banking, corporate finance, Islamic finance, asset management, equity brokerage and security. It has 119 branches in Bangladesh and employs around 2,300 employees. In April 2009, Mohammad Abdul Jalil, a former Awami League Commerce Minister, was elected chairman of Mercantile Bank. Md Abdul Jalil was re-elected chairman of Mercantile Bank in April 2012. On 9 January 2013, M Ehsanul Haque was appointed managing director of Mercantile Bank. In May 2013, Bangladesh Bank found a director of Mercantile Bank, Md Shahabuddin Alam, was involved with illegal transaction involving subsidiaries of SA Group of Industries. M Amanullah was elected chairman of Mercantile Bank. ...
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Meghna Bank Limited
Meghna Bank Limited is a bank in Bangladesh founded on 21 April 2013. H. N. Ashequr Rahman, Awami League member of parliament, is the chairman of Bank. The managing director is Sohail R K Hussain. History Meghna Bank was established on 21 April 2013 as a fourth generation private bank in Bangladesh. Mohammed Nurul Amin was appointed CEO and managing director of Meghna Bank in June 2014. Mohammad Nurul Amin, managing director of bank, said the bank had excess liquidity in December 2015. In January 2016, Meghna Bank took 350 million BDT from Bangladesh Bank as emergency cash due to a liquidity shortage along with AB Bank and Farmers Bank Limited. In January 2018, operating profit of the bank increased according to managing director Nurul Amin. Adil Islam was appointed CEO and managing director of Meghna Bank in April 2018. The Bank also saw an unusual increase in defaulted loans in 2018. This led to Bangladesh Bank announcing punitive actions against the bank. Sohail RK Hus ...
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Jamuna Bank Limited
Jamuna Bank Limited is a commercial bank in Bangladesh registered under the Companies Act 1994. It was established on June 3, 2001. Jamuna Bank had 132 branches as of March 2019 . Its head office is located at Plot No. 14, Bir Uttam A. K. Khandaker Road, Block# C, Gulshan-1, Dhaka, Bangladesh. Jamuna Bank Ltd is a 3rd generation private commercial bank, was established by a group of local entrepreneurs. The bank, aside from conventional, also provides Islamic banking through designated branches. The Bank has real-time online banking branches (of both urban and rural areas) network to provide online banking. In 2020 Jamuna Bank has turned into a full-fledged Shariah-based Islami bank. Charity Jamuna Bank donated 15 million taka to the Prime Minister Sheikh Hasina Sheikh Hasina Wazed (''née'' Sheikh Hasina ; ; bn, শেখ হাসিনা ওয়াজেদ, Shēkh Hasinā, , born 28 September 1947) is a Bangladeshi politician who has served as the Prime Minister ...
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IFIC Bank
govt shaere:35% The International Finance Investment and Commerce Bank Limited is a first generation Bangladeshi private commercial bank. The bank is ensuring cutting edge service with skilled workforce and revolutionary fintech support through more than 695 hundred modern business centers (Branches and Sub branches). It has extended its global corporate footprint in the form of Joint ventures and subsidiaries in Nepal, Oman and the UK History International Finance Investment and Commerce Bank Limited (IFIC Bank) is a banking company incorporated in the People's Republic of Bangladesh with limited liability. It was set up at the instance of the Government in 1976 as a joint venture between the Government of Bangladesh and Sponsors in the private sector with the objective of working as a finance company within the country and setting up joint venture banks/financial institutions aboard. In 1983 when the Government allowed banks in the private sector, IFIC was converted into a ful ...
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Eastern Bank Ltd (Bangladesh)
Eastern Bank Limited ( bn, ইস্টার্ণ ব্যাংক লিমিটেড) is a private commercial bank headquartered in Dhaka, Bangladesh. It was established on August 8, 1992, as a public limited company with limited liability under the Bank Companies Act of 1991. Its share are listed in the Dhaka Stock Exchange and the Chittagong Stock Exchange. The bank provides products and services in retail banking, corporate finance, asset management, equity brokerage and security. It has 85 branches and 214 ATMs in Bangladesh and employs around 3000 employees. Eastern Bank Limited is going to open its first overseas full-fledged branch in Calcutta, India. This branch in India will be its first foreign branch outside of Bangladesh. Presently, EBL has a subsidiary in Hong Kong named EBL Finance (HK) Limited and a representative office in Myanmar. EBL opened its third representative office on the Chinese mainland in Guangzhou on September 29, 2019. History Eastern Bank L ...
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