Dutch-Bangla Bank Limited (DBBL) is a bank in Bangladesh. DBBL is a scheduled
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
private
commercial bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.
It can also refer to a bank, or a division of a large bank, which deals with co ...
between local Bangladeshi parties by M Sahabuddin Ahmed (Founder & Chairman) and a Dutch company
FMO.
DBBL was established under the Bank Companies Act 1991 and incorporated as a public limited company under the Companies Act 1994 in Bangladesh. DBBL commenced formal operation from June 3, 1996. The Bank is listed with the
Dhaka Stock Exchange Limited and
Chittagong Stock Exchange Limited.
The bank is often colloquially referred to as "DBBL", "Dutch Bangla" and "Dutch Bangla Bank". (DBB. Limited )
ATM network/DBBL Nexus participating banks
DBBL maintains its own network and automation. DBBL has over 4,930 ATM's installed all over Bangladesh, making it the largest network in Bangladesh.
On 10 October 2010, DBBL inaugurated its 1000th ATM at the factory premises of the GlaxoSmithKline, Chittagong.
Internet payment
On 3 June 2010, Dutch Bangla Bank announced internet payments gateway system (Nexus Gateway). Using their
Internet
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, pub ...
Payment Gateway merchants are able to charge their customers' Visa, Masters, DBBL Nexus and Maestro cards online. Presently DBBL has more than 400 e-commerce Merchants.
Mobile Apps: DBBL Recently Launched Nexus Pay App For Their Customers.
Social work
Dutch Bangla Bank supports social work and is one of the largest private donors in Bangladesh. The bank donates towards social awareness programs, medical and educational fields.
References
External links
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{{Banks in Bangladesh
Banks of Bangladesh
Banks established in 1996
Companies listed on the Dhaka Stock Exchange