Modhumoti 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 ...
. 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
Sheikh Fazle Noor Taposh (born 19 November 1971) is a Bangladeshi politician and current Mayor of South Dhaka. He previously served as a Member of the Jatiya Sangsad for Dhaka-10 and Dhaka-12 from the Bangladesh Awami League.
Early life
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 administers all city services, public property, most public agencies, and enforces all city and state laws within Dhaka
Dhaka ( ...
and Modhumoti Bank Limited director, Sheikh Fazle Noor Taposh, of hording illegal wealth at the Bank in January 2021. Khokon was sued for defamation by lawyers aligned with Taposh. In June 2021, The Credit Rating Agency of Bangladesh rated the bank as A1 category. Manwar Hossain, son of
Anwar Hossain and chairman of
Anwar Group of Industries in a director of the Bank.
Board of directors
References
External links
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Banks established in 1995
Banks of Bangladesh
Companies listed on the Dhaka Stock Exchange
Companies based in Dhaka
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