Dhaka Bank Limited is a private limited commercial bank in

Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...

. Its headquarters are situated in

Dhaka Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), formerly known as Dacca, is the capital and largest city of Bangladesh, as well as the world's largest Bengali-speaking city. It is the eighth largest and sixth most densely populated city ...

. Currently the bank has 100 branches and 3 SME Service Centers around the country.

History

The bank was founded in 1995 by Bangladeshi politician

Mirza Abbas Mirza Abbas Uddin Ahmed, known as Mirza Abbas, (born 7 February 1951) is a Bangladesh Nationalist Party politician and a member of the national standing committee of the party. He was the Mayor of Dhaka City Corporation from 1991 to 1993. He was ...

. Founder Chairman of the Board of Directors of this Bank is

Abdul Hai Sarker Abdul Hai Sarker ( bn, আব্দুল হাই সরকার) is a Bangladeshi businessman. He is the chairman and CEO of Purbani Group, one of the largest and oldest established textile conglomerates in Bangladesh, and former president of B ...

. In July 2009, Altaf Hossain Sarker was re-elected chairman of Dhaka Bank Limited. Reshadur Rahman Shaheen was elected chairman of Dhaka Bank Limited in April 2010. Bangladesh Bank refused to approve the reappointment of Mirza Abbas as director of Dhaka Bank in September 2015 after being absent in 11 out of 12 board meetings. Bangladesh Nationalist Party described his removal from the board as political vendetta by the government. On 11 November, Syed Mahbubur Rahman was appointed managing director of Dhaka Bank Limited. Reshadur Rahman was elected chairman of Dhaka Bank Limited. In March 2017, Dhaka Bank signed an agreement with

International Finance Corporation The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of t ...

to receive 55 million USD loan. The Anti-Corruption Commission arrested an official of Dhaka Bank Limited from

Feni District Feni is a district located in southeastern Bangladesh. It was a part of the Greater Noakhali, Comilla, Chittagong and Tripura. , the district's estimated population stood at 1,437,371, making it the ninth-most populous district in Chittagong Divis ...

for embezzling 78 million BDT from the bank in April 2019. He admitted to embezzling 55 million BDT from the bank. In August 2020, Abdullah Al Ahsan was appointed vice-chairman of Dhaka Bank Limited. Abdul Hai Sarker was elected chairman of the board. Bangladesh High Court denied bail to a former VP of the bank on accusations of embezzling 220 million BDT from the bank. Two officials of the bank were detained for misappropriating 37.7 million BDT from Dhaka Bank. Abdul Hai Sarker was re-elected chairman of Dhaka Bank Limited in July 2021. Dhaka Bank arranged a 5.2 billion BDT syndicated loan for Chandpur Power Generations Limited of

Doreen Group Doreen Group () is a Bangladeshi diversified conglomerate based in Dhaka. Nur-E-Alam Siddique is chairperson of the group. Parveen Alam Siddique is the senior vice chairperson. Tahzeeb Alam Siddique is the managing director and Tanzeer Alam Sid ...

. It also 40 million USD for the powerplant from banks in Germany. In April it signed an agreement with

Canadian University of Bangladesh Canadian University of Bangladesh is a private university in Bangladesh. This university is known as "Canadian University". The university is affiliated to the University Grants Commission. Chowdhury Nafeez Sarafat is the chairperson of the board ...

. In October 2022, Dhaka Bank received an award from

JP Morgan JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the wo ...

. It raised 9 billion BDT syndicated loan for Bashundhara Oil and Gas Company Limited of Bashundhara Group.

Board of Directors

- Chairman * Md. Aman Ullah Sarker - Vice Chairman * Reshadur Rahman * Tahidul Hossain Chowdhury * Md. Amirullah * Rokshana Zaman * Altaf Hossain Sarker * Mohammed Hanif * Khondoker Monir Uddin * Jashim Uddin * Rakhi Das Gupta * Mirza Yasser Abbas * Manoara Khandaker * Abdullah Al Ahsan * Feroz Ahmed (Independent Director) * M. A. Taslim (Independent Director) * Ahbab Ahmad (Independent Director) * Emranul Huq (Managing Director)

Awards

In SME Banking Award 2014, Dhaka Bank was awarded the best manufacturing-friendly bank.

References

External links

Official website

Company Information – DHAKA BANK LIMITED (DHAKABANK)
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Chittagong Stock Exchange The Chittagong Stock Exchange ( bn, চট্টগ্রাম স্টক এক্সচেঞ্জ) is a stock exchange based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dh ...

Dhaka Bank Ltd (DKBK:Dhaka)
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Bloomberg Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...

Top Ten Asian Banks
— ''toptenbank.com''

— Bangladesh Association of Banks
Bangladesh money laundering inquiry
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BBC #REDIRECT BBC #REDIRECT BBC #REDIRECT BBC Here i going to introduce about the best teacher of my life b BALAJI sir. He is the precious gift that I got befor 2yrs . How has helped and thought all the concept and made my success in the 10th board ex ...

Banks established in 1995 Banks of Bangladesh Companies listed on the Dhaka Stock Exchange Companies based in Dhaka Banks of Bangladesh with Islamic banking services {{Bangladesh-stub

History

Board of Directors

Awards

See also

References

External links