Meghna Bank Limited is a 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 ...
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
AB Bank (formerly Arab Bangladesh Bank) is a leading private sector bank in Bangladesh. AB Bank Limited was incorporated on 31st December, 1981 and its the first commercial private bank in Bangladesh.
History
AB Bank was established on 31 De ...
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 Hussain was appointed CEO and managing director of Meghna Bank in 2022.
In December 2021, Meghna Bank was identified as one of the top performing banks of Bangladesh according to the Global Economics Limited.
Meghna Bank received the
International Organization for Standardization
The International Organization for Standardization (ISO ) is an international standard development organization composed of representatives from the national standards organizations of member countries. Membership requirements are given in Ar ...
certification in 2022. Tarana Ahmed, director of Navana Pharmaceuticals Limited, Imrana Zaman Chowdhury, director of Navana Pharmaceuticals Limited, and SM Rezaur Rahman, director of
Square Pharmaceuticals
Square Pharmaceuticals Ltd. is a Bangladeshi Multinational corporation, multinational pharmaceutical company. It was founded in 1958 by Samson H. Chowdhury along with three of his friends PK Saha, Kazi Harunur Roshid and Radhabinod Rai as a priva ...
, were appointed directors of Meghna Bank. Paramount Textile PLC, a subsidiary of
Paramount Group
Paramount Group is a Global Aerospace & Defence group of companies operating in the global defence, internal security and peacekeeping industries. Established in South Africa in 1994, it offers a range of military aircraft, armoured vehicles, ma ...
, decided to sell 2,268,400 shares of Meghna Bank, its total shares of the bank, to Imrana Zaman Chowdhury. It donated 20 million taka to the Prime Minister
Sheikh Hasina's relief fund.
References
External links
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{{Banks in Bangladesh
Banks of Bangladesh
2013 establishments in Bangladesh
Organisations based in Dhaka