This is not to be considered as financial advice and should be considered only for information purposes. The City Bank Limited is a first-generation private commercial bank in Bangladesh and has been operating for 39 years. There are 55 commercial banks in Bangladesh added to our list, where 9 foreign banks are currently operating beside 46 local commercial banks in Bangladesh. Bank Asia is the only Bank in Bangladesh to acquire the Ba detail, Bangladesh Bank on February 23, 2020, has given a banking license to Bengal Commercial Bank Limited as the Fifth Generation Scheduled Commercial Bank in Bangladesh. Later in 2007, it was converted to a Public Limited Company with full ownership of the government and started functioning as Sonali Bank Limited. With an ambition to secure its place as the leadi detail, Branches Islami Bank Bangladesh Limited. Bangladesh Bank. Copyright 2021 Business Inspection | All rights reserved, bKash Introduces Business Dashboard Thatll Allow Merchants Receive Payments Using bKash Payment Link, Export Income Crossed $50 Billion for the First Time Ever, Top 10 Popular Furniture Brands in Bangladesh, Top Resorts Near Dhaka Where You Can Relax and Unwind, Top 10 Steel Mill Companies in Bangladesh. All rights reserved. 48 Uttara Bank Limited In 2003, the Bank made headlines when its Initial Public Offering of shares was oversubscribed by 55 times, a record in Bangladeshs capital market history. In this article, we are going to list the top ten best commercial banks operating in Bangladesh. Moreover, in May 2022, DBBL mobilized 133.90 million USD foreign remittances and secured the second position in this concern. 12 BRAC Bank Limited. In addition to reviewing and monitoring business loans, managing business financing risks, and pricing products, the Bank is firmly committed to promoting the SME sector as well. During last thirteen years, SJIBL has diversified its service coverage by opening new branches at different strategically important locations across the country offering various serv detail, Branches It is a public limited company and is listed with both Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. IBBL has reached the milestone of one trillion deposits in 2020. Central Bank . The other subsidiaries of this bank are BRAC EPL Investments Limited, BRAC EPL Stock Brokerage Limited, and BRAC Saajan Exchange Limited. Wipro Launches New Financial Services Consulting Capability in India, Apple Learning Coach Now Open to More Teachers across the US, Samsung Electronics Launches Matter Functionality, Ushering a New Era of Interoperability, Sierra Space and IBM Collaborate on the Next Generation of Space Technology and Software Platforms. After reviewing the performance, services, and networks of all the prominent banks, we have come up with this list. You consent to our cookies if you continue to use our website. This will not incur any additional charges to you. Necessary cookies are absolutely essential for the website to function properly. 42 Standard Chartered Bank BRAC Bank holds a dynamic network of 156 b detail, Citi has established a strong presence in Bangladesh. 15 Dhaka Bank Limited Currently, the bank has 1227 branches across the country and 2 more branches abroad to serve its clients. Currently, the bank has 119 branches & 33 Sub branches, 200 Agent Banking Centers, 18 kiosks, 310 modern ATM booths, 4 Air Lounges, and over 3,220 Point of Sales (POS) machines across the country to serve its client. Do you like to search any specific products or contents? Routings. Get Your Business Featured On Major Publications. 22 IFIC Bank Limited According to the banks Annual Report- 2021, there are a total of 4,917 active ATMs and 1,342 Fast Tracks to date, which ensures easy access to its banking services for its clients. The question that might arise in your mind is, among all the banks, what does the term commercial bank refer to? 24 Jamuna Bank Ltd In addition, it alone mobilizes 32% of the total foreign remittance of the country. In addition, the Bank offers both incoming and outgoing remittance services to its customers. Find your nearest bank branch or ATM location of commercial banks in Bangladesh. SBL has introduced several new products on credit and deposit schemes. In 2015, the bank joined the Life Insurance Corporation of India (LIC) as one of two local partners in Bangladesh. Arab Bangladesh Bank as formerly known started its effective operation from 12th April, 1982 with the mission to be the best performing bank of the country. 2022, Banksbd.org. Feature Your Organization On Global Banking & Finance Review, Create The Publicity You Need. You'll get all commercial bank details, such as, bank information, branches and ATM booth informaion and location map in Bangladesh, and bank career information of all banks. Therefore, the banks you would find around are mostly commercial banks. Subscribe Now. On the 16th of May, 2005 Bank Alfalah formally took over the Bangladesh operations of Shamil Bank of Bahrain for US $17.88 million an detail, Bank Asia commenced operation on November 27, 1999 by a group of successful entrepreneurs of Bangladesh with the basic objective of bringing high quality service in the banking sector and actively participating in the growth and expansion of the national economy. Sonali Bank Ltd. (SBL) The largest commercial bank operating in Bangladesh, Sonali Bank Limited, was set up as 'Sonali Bank' in 1972 under the Bangladesh Banks' Nationalization Order. Copyright - Global Brands Publications Limited 2022. Plus, we will also provide a brief idea about the banks origin and current operations. IBBL serves its clients through 357 branches, 60 sub-branches, 1,200 agent banking outlets, 660 own, and about 11,000 shared ATM and CRM booths. Due to the huge amount of investment in this sector, the bank has become the largest bank donor in Bangladesh. 13 Citibank N.A In addition, it has established joint ventures and subsidiaries in Nepal, Oman, and the United Kingdom to expand its global reach. 3. ATMs List of Commercial Banks in Bangladesh . B. Save my name, email, and website in this browser for the next time I comment. Now, banks in Bangladesh are primarily of two types: Phone: +8802-9565925 Ext: 136, 129. The banks are not allowed to provide savings accounts, investment services, or insurance. Agrani Bank Limited is a fully state-owned commercial bank that was established by merging 2 Pakistani banks, Habib bank and Commerce bank, after the liberation of Bangladesh. 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Focusing on Small and Medium Enterprises (SMEs), the bank started its journey in 2001, and within its 20 years of operation, it has set up 187 branches, 705 agent banking outlets, and 373 ATM booths across the country to serve its clients. Global Brands Publications is not responsible for the content of external sites. It is mandatory to procure user consent prior to running these cookies on your website. Avenue Branch in the capital, Dhaka city. 31 One Bank Limited Because the banks provide diverse services, their customer bases are likewise different. Syed Mahbubur Rahman is the managing director and CEO of the bank, and the headquarter is located at MTB Centre, 26 Gulshan Avenue, Gulshan 1, Dhaka. In the country there are a lots of private commercial bank working under central bank Bangladesh Bank. Md. You have entered an incorrect email address! 41 Standard Bank Limited Please note that we appreciate that users do not post anonymously. There are total 57 commercial banks found in our database while 9 foreign banks are currently operating beside of 48 local commercial banks in Bangladesh. We use cookies to enhance your visit, personalise our content, social media features, ads & to analyse our traffic. Being one of the pioneers of commercial banking in the country, City Bank offers premium services to its large customer base through its 132 branches. 16 Dutch-Bangla Bank Limited Private Commercial Banks In Bangladesh are regulated by Bangladesh Bank. Nationalized Banks of Bangladesh (4) Sonali Bank; Janata Bank; Agrani Bank; Rupali Bank Ltd; Local Private Banks of Bangladesh. It's an easy and single click step to reach the relevant information. 8 Bangladesh Shilpa Bank Commercial banking in Bangladesh is expanding with the developing economy of this country. 02. Though all the banks try to attract their clients with new packages and benefits, not all of them can successfully gain the trust of the masses. Basically, commercial banks are financial institutions that provide different banking services, including accepting deposits, granting various loans, offering basic financial products such as savings accounts, etc., to generate profit. It's an easy and single click step to reach the relevant information. Bangladesh is a developing country in South Asia. Bangladesh Bank, the central bank of Bangladesh, issued banking license under Banking Companies Act, 1991. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. The banking sector in Bangladesh consists of several types of institutions. Bangladesh Bank. This category only includes cookies that ensures basic functionalities and security features of the website. Nazmul Hassan, Ph. 10 Bank Asia Limited. It is the first nationalized bank in the country to offer agent banking, and more than 400 of its agent booths deliver banking services in rural areas of Bangladesh. We also use third-party cookies that help us analyze and understand how you use this website. In the country there are a lots of private commercial bank working under central bank Bangladesh Bank. However, the Bangladeshi government still owns 32.75% of the Banks share capital, making it the largest shareholder, while a few reputable businessmen own 4.1% of the companys capital. 49 Woori Bank, List of financial districts in the united States. Islami Bank Bangladesh ranks top on our list because it has the largest banking network across the country, with 357 branches. Moreover, its real-time online banking feature offers retail banking, corporate finance, SME banking, women banking, asset management, equity brokerage, and Islamic banking through a full-fledged Islamic banking branch too. 23 Islami Bank Bangladesh Ltd Hence, it offers banking facilities to 5 million+ customers across the rural areas of Bangladesh through 5000+ outlets of agent banking. The bank is headquartered at 136 Gulshan Avenue, Circle 2, Gulshan, Dhaka, Bangladesh, and is currently operating under the leadership of Aziz Al Kaiser (Chairman). These cookies do not store any personal information. You'll get all commercial bank details, such as bank information, branches, ATM booth information and . 5 Bangladesh Commerce Bank Limited Those commercial banks are operating all over the country with a large number of branches. Home | About Us | Holidays | Privacy | Contact Us | Sitemap. This is a partial list of Commercial Banks within the territory of Bangladesh. Bangladesh's private commercial banks have been growing steadily since the early . There are total 60 banks found in our database while 50 and 10 are Private and Public banks respectively. Sonali Bank has a total of 1204 bra detail, South Bangla Agriculture & Commerce Bank Limited, South Bangla Agriculture and Commerce (SBAC) Bank Limited is incorporated in Bangladesh as a banking company on 2013 under Companies Act, 1994. 37 Shahjalal Bank Limited In addition, the bank was given the title of one of the best-run banks in Bangladesh at the 15th Annual Bangladesh Business Awards presented by the Daily Star. Type keywords in the search field below and click the search button. 9 Bangladesh Shilpa Rin Sangstha As a joint venture between the government of Bangladesh and private sector sponsors, it was established in 1976 to operate as a finance company. 39 Sonali Bank Limited With a vast network of 215 branches, 580 ATM booths, 2 SME banking centers, and 1 offshore banking unit, the Bank has already made a distinct mark in the realm of Private Sector Banking in this country. 13 Citibank N.A. This post is a complete library of Bangladesh Banks. It was initiated with the combined effort of Bangladeshi shareholders led by M Sahabuddin Ahmed and the Dutch company FMO. 11 BASIC Bank Limited Bangladesh Commerce Bank Limited. The company is head quartered in the United Kingdom. Copyright 2010-2022 GBAF Publications Ltd - All Rights Reserved. DBBL also concentrates on its corporate social responsibility. I detail. Head Office Address Is: 18 Dilkusha Commercial Area, Dhaka, Bangladesh. The bank was founded to provide financial services to the paramilitary Border Guards Bangladesh members and is run by the paramilitary. All are customer focused and professional in service. In the 1980's banking industry achieved significant expansion with the entrance of private banks. Al-Arafah Islami Bank Limited. Trust Bank Limited. Routings, Agrani Bank Limited is a leading commercial bank with 922 outlets strategically located in almost all the commercial areas throughout Bangladesh, overseas Exchange Houses and hundreds of overseas Correspondents. 10 Bank Asia Limited City Bank is one of the oldest private Commercial Banks operating in Bangladesh. Currently, the bank has 967 branches to serve its clients, and it is very popular across the country due to the quality of its services. National Bank. This website uses cookies to improve your experience while you navigate through the website. Global Brands Magazine does not subscribe to the authenticity of the data below though efforts have been made to collect the data as accurately as possible. Find your nearest bank branch or ATM location from the page 1 of 6 of the entire listings of commercial banks in Bangladesh. Bangladesh Shilpa Bank. The Bank was established as the policy makers of the country felt the urgenc detail, Bank Alfalah Limited is a private bank in Pakistan owned by the Abu Dhabi Group. If you have any suggestions/additions/changes please email us at info@gbrandsmag.com. It is a financial institution providing services for businesses, organizations and individuals. 28 National Bank Limited International Finance Investment and Commerce Bank Limited (IFIC Bank) is a limited liability banking business based in the Peoples Republic of Bangladesh. There are 55 commercial banks in Bangladesh added to our list, where 9 foreign banks are currently operating beside 46 local commercial banks in Bangladesh. Since its debut in 2006, UCB Cards have shown incredible success and growth, and it quickly became the leader in the local market with over 40000 card holders. It is one of the famous banks and included the list of top 10 banks famous banks in Bangladesh. This bank is primarily focused on fulfilling all the banking need of the BGB members as well as will be operating with all other c detail, The Social Islami Bank Limited (SIBL), a second-generation bank, operating since 22 November, 1995 based on Shariah Principles, has now 100 branches all over the country with two subsidiary companies, is indeed a concept of 21st century participatory three sector banking model in one. 6 Bangladesh Development Bank Limited 32 Premier Bank Limited All rights reserved. Sayem Ahmed is the current chairman of the bank, and it is headquartered at 47 Motijheel Commercial Area, Dhaka-1000. Here is How, Media Placement Opportunity With Promotions. You also have the option to opt-out of these cookies. ATMs There are 55 commercial banks in Bangladesh added to our list, where 9 foreign banks are currently operating beside 46 local commercial banks in Bangladesh. The main goal of Bengal Commercial Bank Limited is to provide specialized banking services to micro and small business enterprises and entrepreneurs across the detail, Branches This bank came into being as a Public Limited Company on May 17, 2007 with a view to take over the business, asse detail, Branches SIBL has set its strategy to convert al detail, Sonali Bank was established in 1972 under the Bangladesh Banks (Nationalisation) Order, through the amalgamation and nationalisation of the branches of National Bank of Pakistan, Bank of Bhowalpur and Premier Bank branches located in East Pakistan until the 1971 Bangladesh Liberation War. 38 Social Islami Bank Ltd AB Bank Limited. MTB Securities, MTB Capital Ltd., and MTB Exchange Ltd are some of the subsidiaries of the bank. To reach the relevant information, we set different colorful buttons below each banks with links connected to the information pages. Bank Alfalah was incorporated on June 21, 1997 as a public limited company under the Companies Ordinance 1984. 14 Commercial Bank of Ceylon Limited Shahjalal Islami Bank Limited (SJIBL) commenced its commercial operation in accordance with principle of Islamic Shariah on the 10th May 2001. 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 . Please seek Professional advice from a qualified professional before making any financial decisions. Like all commercial banks BCBL's core business is obtaining deposit and providing loans. These cookies will be stored in your browser only with your consent. It is a top bank among the oldest five Commercial Banks in the country which started their operations in 1983. List Of Private Commercial Banks In Bangladesh. But opting out of some of these cookies may affect your browsing experience. Get 25 Articles Placed & Promoted, Here is How to Get Your Press Release Distributed To 200+ Websites, The Linkedin Influencer Marketing Bundle For Your Business But Under $100, If You Need Leads Or Customers For Your Business, You Should Try This. With the acquisition of two foreign banks, Bank of Nova Scotia and Muslim Commercial Bank Limited, Bank Asia Limited started its journey in 1999. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. 9 Foreign commercial banks are currently operating beside of 51 Local banks in Bangladesh. was responsible for the control of currency and credit risk and monitoring foreign exchange controls. The bank provides modern and innovative banking products and services to clients through its 129 branches. ATMs, BRAC Bank started its journey on 4th July, 2001 as a private commercial bank focused on Small and Medium Enterprises (SME). Here we provide a total list of banks in Bangladesh below: List of banks in Bangladesh. Service includes offering different types of deposit account such as current detail, Bangladesh Small Industries and Commerce Bank Limited, BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Limited) registered under the Companies Act 1913 on the 2nd of August, 1988, started its operations from the 21st of January ,1989.
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