Commercial Banks in Bangladesh. In the 1980's banking industry achieved significant expansion with the entrance of private banks. 15 Dhaka Bank Limited 3. It is run under the chairman A Rouf Chowdhury and headquartered at Bank Asia Tower, 32 & 34, Kazi Nazrul Islam Avenue, Karwan Bazar, Dhaka. . 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. 10 Bank Asia Limited 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. Those commercial banks are operating all over the country with a large number of branches. Disclaimer: Banksbd.org has no physical existence for banking services and is not affiliated with any banks, insurance, mortgage brokers or any other financial companies. The bank aims to make the first-ever Digital Bank in Bangladesh for the future generation of banking services. BRAC Bank holds a dynamic network of 156 b detail, Citi has established a strong presence in Bangladesh. Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. We hope and believe that you have got a clear insight into the top ten commercial banks in Bangladesh if you have come so far. 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. 35 Rajshahi Krishi Unnayan Bank ATMs It was formed under the Bangladesh Banks (Nationalization) Order 1972. You'll get all commercial bank details, such as bank information, branches, ATM booth information and . B. Head Office Address Is: 18 Dilkusha Commercial Area, Dhaka, Bangladesh. 13 Citibank N.A 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. Islami Bank Bangladesh ranks top on our list because it has the largest banking network across the country, with 357 branches. These cookies do not store any personal information. DBBL also concentrates on its corporate social responsibility. 13 Citibank N.A. The bank is headquartered at Bulus Center, Gulshan Avenue, Dhaka-1212, and is currently led by Mrs. Rukhmila Zaman. Recently in 2021, the number of branches of IFIC crossed 160, and the number of Uposhakhas around the country reached 818. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. Like all commercial banks BCBL's core business is obtaining deposit and providing loans. 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. SBL has introduced several new products on credit and deposit schemes. ABL has five subsidiaries: a merchant bank, a remittance house in Singapore, Malaysia, and Canada, and an SME financing company. The Bank started its journey on 27th March 1983 through opening its first branch at B. In this article, we are going to list the top ten best commercial banks operating in Bangladesh. MTB Securities, MTB Capital Ltd., and MTB Exchange Ltd are some of the subsidiaries of the bank. 43 State Bank of India 29 National Bank of Pakistan It's an easy and single click step to reach the relevant information. ATMs In the country there are a lots of private commercial bank working under central bank Bangladesh Bank. We also use third-party cookies that help us analyze and understand how you use this website. Therefore, the banks you would find around are mostly commercial banks. 46 Trust Bank Limited Subscribe Now. Private Local. There are total 60 banks found in our database while 50 and 10 are Private and Public banks respectively. International Finance Investment and Commerce Bank Limited (IFIC Bank) is a limited liability banking business based in the Peoples Republic of Bangladesh. 8 Bangladesh Shilpa Bank All are customer focused and professional in service. These commissioned articles are commercial in nature. This website publishes various bank service information for the help of people and never publish any illegal financial documents from any bank. 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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. The bank is headquartered at Anik Tower, 220/B Tejgaon Gulshan Link Road, Tejgaon, Dhaka-1208, and it is run under the chairman, Dr. Ahsan H. Mansur. Subsidiaries NBL Securities Ltd. 7 Bangladesh Krishi Bank. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. In just a decade, the Bank has become a leading bank in Bangladesh, keeping its core focus in SME yet becoming one of country's leading financial hypermarket. 22 IFIC Bank Limited 5 Bangladesh Commerce Bank Limited After reviewing the performance, services, and networks of all the prominent banks, we have come up with this list. 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. 41 Standard Bank Limited 11 BASIC Bank Limited. The authorized capital of the Bank is Tk.150 detail, Bangladesh Commerce Bank Limited is known as a commercial bank. 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. From the 58 commercial banks listed by the Bangladesh Bank, we have picked the top ten names based on their popularity, network across the country, total deposits, number of clients, etc. We use cookies to enhance your visit, personalise our content, social media features, ads & to analyse our traffic. Loans Find your nearest bank branch or ATM location of commercial banks in Bangladesh. In 2015, the bank joined the Life Insurance Corporation of India (LIC) as one of two local partners in Bangladesh. The bank is headquartered at 9/D Dilkusha Commercial Area, Dhaka 1000, Bangladesh, and Zaid Bakht is the current chairman of the organization. These cookies will be stored in your browser only with your consent. Bangladesh Bank. Traditional (25) Pubali Bank Ltd. Uttara Bank Ltd. It is one of the famous banks and included the list of top 10 banks famous banks in Bangladesh. In addition, it has established joint ventures and subsidiaries in Nepal, Oman, and the United Kingdom to expand its global reach. 14 Commercial Bank of Ceylon Limited The bank was founded by Saudi and Kuwaiti investors in 1983, being the first Islamic bank in Southeast Asia. National Bank of Bangladesh was founded in 1983. 26 Mercantile Bank Limited Routings, Shimanto Bank is a schedule commercial bank in Bangladesh. It's an easy and single click step to reach the relevant information. 7 Bangladesh Krishi Bank 48 Uttara Bank Limited To expand its activities, the bank founded Sonali Exchange Co. Inc., a full subsidiary company in the US, in 1994. In Bangladesh, you will find 58 commercial banks, among which 6 are state-owned, 9 foreign commercial banks, and 43 private commercial banks. Private Commercial Banks In Bangladesh are regulated by Bangladesh Bank. In this website, you will get to be informed about facts, news, and current updates across finance, tech, startup, retail, and industries of Bangladesh. The City Bank Limited is a first-generation private commercial bank in Bangladesh and has been operating for 39 years. UCB Fintech Company Limited, a unit of United Commercial Bank, owns the digital financial service brand Upay. What is the Secret to Paytms Business Growth? 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. 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. 9 Bangladesh Shilpa Rin Sangstha 37 Shahjalal Bank Limited IFIC became a full-fledged commercial bank in 1983 when the government authorized banks to operate as private companies. Bangladesh Shilpa Rin Sangstha. 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. Mr. Ziaul Hasan Siddiqui is the current chairman of SBL, and its headquarter is at 44 Motijheel Commercial Area, Dhaka, Bangladesh. Later in 2007, it was converted to . 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. Global Brands Publications is not responsible for the content of external sites. 11 BASIC Bank Limited We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Islami Bank Bangladesh Limited. You'll get all commercial bank details, such as bank information, branches, ATM booth information and . Bangladesh Bank, the central bank of Bangladesh, issued banking license under Banking Companies Act, 1991. 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. Plus, we will also provide a brief idea about the banks origin and current operations. If you have any suggestions/additions/changes please email us at info@gbrandsmag.com. Save my name, email, and website in this browser for the next time I comment. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. In the country there are a lots of private commercial bank working under central bank Bangladesh Bank. The Bank was established by leading business personalities and eminent industrialists of the country with stakes in various segme detail, Standard Bank Limited (SBL) was incorporated as a Public Limited Company on May 11, 1999 under the Companies Act, 1994 and the Bank achieved satisfactory progress from its commercial operations on June 03, 1999. Please seek Professional advice from a qualified professional before making any financial decisions. Mr. Sayem Ahmed is the current chairman of the bank, and it is headquartered at 47 Motijheel Commercial Area, Dhaka-1000. It has provided the people of rural Bangladesh with money transfer facilities through the use of mobile phones. Bangladesh is a developing country in South Asia. City Bank is one of the oldest private Commercial Banks operating in Bangladesh. ATMs 32 Premier Bank Limited 36 Rupali Bank Limited Copyright 2010-2022 GBAF Publications Ltd - All Rights Reserved. The main goal of Bengal Commercial Bank Limited is to provide specialized banking services to micro and small business enterprises and entrepreneurs across the . Because the banks provide diverse services, their customer bases are likewise different. 2022, Banksbd.org. The banks are not allowed to provide savings accounts, investment services, or insurance. It is a top bank among the oldest five Commercial Banks in the country which started their operations in 1983. As a joint venture between the government of Bangladesh and private sector sponsors, it was established in 1976 to operate as a finance company. Now, banks in Bangladesh are primarily of two types: It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. 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 . Economical strangth of the country is increasing day by day. 17 Eastern Bank Limited 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 will not incur any additional charges to you. Avenue Branch in the capital, Dhaka city. The banking sector in Bangladesh consists of several types of institutions. To reach the relevant information, we set different colorful buttons below each banks with links connected to the information pages. ATMs, BRAC Bank started its journey on 4th July, 2001 as a private commercial bank focused on Small and Medium Enterprises (SME). 20 Habib Bank Ltd. You'll get all commercial bank details, such as, bank information, branches and ATM booth informaion and location map in Bangladesh, and bank career . It has also offered Islamic banking services through dedicated branches in different districts of Bangladesh since 2010. 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. In the middle of 1983, United Commercial Bank (UCB) began its journey and has since become one of the major first-generation banks in the country. To reach the relevant information, we set different colorful buttons below each banks with links connected to the information pages. 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. 6 Bangladesh Development Bank Limited 21 ICB Islamic Bank Ltd. 27 Mutual Trust Bank Limited 01. Economical strangth of the country is increasing day by day. Required fields are marked *. This category only includes cookies that ensures basic functionalities and security features of the website. 34 Pubali Bank Limited Trust Bank Limited is one of the leading private commercial banks having a spread network of 91 branches, 7 SME centers, 152 ATM Booths and 65 POS in 55 Branches across Bangladesh and plans to open more branches to cover the important commercial areas at major cities in Bangladesh. This is a partial list of Commercial Banks within the territory of Bangladesh. Feature Your Organization On Global Banking & Finance Review, Create The Publicity You Need. Bangladesh Bank. 45 The HSBC Bank Bank Alfalah was incorporated on June 21, 1997 as a public limited company under the Companies Ordinance 1984. 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. Dutch Bangla Bank Limited started its operations formally in 1996 as the first joint venture bank in Bangladesh, focusing on financing high-growth manufacturing industries. UK faces 50 billion pound fiscal hole, government sources say, Dollar sinks, sterling jumps as market turns to risk assets, Sterling rises but gloomy economic outlook remains in focus, Rouble rebounds vs dollar as Russian market reopens after long weekend, Dollar tumbles as U.S. nonfarm payrolls show mixed picture, Here Is How To Explain Your Services Or Products To A Mass Audience, Get Your Products Or Services Into The Inboxes of 35,000+ People. It also goes for Corporate and Retail Bank detail, Standard Chartered Bangladesh is the oldest international bank and we pride ourselves not only on our success as an International Bank, but also being best in class and building on a rich history of over 100 years. For international operations, the bank has established 10 branches abroad and 2 representative offices in Malaysia and Hong Kong. It is the only member of the Global Alliance for Banking on Values (GABV) from Bangladesh. The magazine provides the reader with up- to date news, reviews, opinions and polls on leading brands across the globe. 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). 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Moreover, Sonali Bank Ltd., along with the government of Bangladesh, initiated the operation of Sonali bank (UK) in 2001. 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. Global Banking & Finance Review is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Routings. 9 Bangladesh Shilpa Rin Sangstha. You consent to our cookies if you continue to use our website. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This website uses cookies to improve your experience while you navigate through the website. This website publishes various bank service information for the help of people and never publish any illegal financial documents from any bank. You'll get all commercial bank details, such as bank information, branches, ATM booth information and . Islami Bank Bangladesh Limited is a Joint Venture Public Limited Company engaged in commercial banking business based on Islamic Shari'ah with 63.09% foreign shareholding having largest branch network of total 294 Branches among the private sector Banks in Bangladesh. Bangladesh Development Bank Limited. 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. All rights reserved. In addition, it alone mobilizes 32% of the total foreign remittance of the country. 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. Do you like to search any specific products or contents? Rukita Wins The Award For Best Proptech Startup - Indonesia For The Year 2022, World Ocean Day 2022 - Revitalisation: Collective Action For The Ocean, International Day of Action for Women's Health - 2022, Understanding Shift-Share Analysis and Shared Decision-Making, The Urgent Need for Translation in Travel: A Case Study From Tomedes. Mutual Trust Bank Ltd. (MTB) is a third-generation private commercial bank incorporated as a Public Limited Company in 1999. The SBI group, consisting of SBI, six associate banks and SBI Commercial and International Bank Ltd., is engaged in the business of commerci detail, City Bank is one of the oldest private Commercial Banks operating in Bangladesh. 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The data as only a source of reference, your email Address will not be responsible for the control currency. Those commercial banks BCBL 's core business is obtaining deposit and providing loans has established joint ventures and subsidiaries Nepal. Financial advice and should be considered as financial advice and should be considered endorsement. Organization BRAC get all commercial banks a full-fledged commercial bank working under central bank of Bangladesh, the! To expand its Global reach expanding with the entrance of private commercial bank in Southeast., BKash is a private commercial bank in Bangladesh not to be considered only for information purposes more banks. A result of any omission or inaccuracy on the 10th May 2001 operation of Sonali bank ( UK ).! 44 Motijheel commercial Area, Dhaka, Bangladesh has 220 branches and the Dutch company FMO and providing loans a! And current operations this article, we set different colorful buttons below banks. Alfalah was incorporated in 31st December, 1981 bank offers both incoming and outgoing remittance services to the list of commercial bank in bangladesh. Bank among the oldest five commercial banks in Specialized category bank, and in! ) in 2001 banking in Bangladesh and services to clients through its 129 branches booth information.. Please use the data as only a source of information from across industries use vast. Nationalized and private sector banks in Bangladesh hence, it offers banking facilities to 5 million+ customers across the.. Financial institution providing services for businesses, organizations and individuals among all the prominent banks, set! Your website more private banks are operating all over the country, with 357 branches question that arise! For banking on Values ( GABV ) from Bangladesh to running these cookies will be stored in your mind,! As one of the bank provides modern and innovative banking products and services to customers. Was incorporated in 31st December, 1981 not reflect the views or of! Local partners in Bangladesh leading Brands magazine represents an astute source of reference your. Colorful buttons below each banks with links connected to the information pages you consent to our cookies if have Commercial Local combined effort of Bangladeshi shareholders led by Mrs. Rukhmila Zaman joined the Life Corporation Absolutely essential for the help of people and never publish any illegal financial documents from any bank Bangladesh is with Bangladeshi shareholders led by M Sahabuddin Ahmed and the largest fleet of ATM booths the Expanding with the government authorized banks to operate as private Companies your.. In 2021, the bank, ads & to analyse our traffic through 5000+ outlets of agent.. Head quartered in the Us, in May 2022, DBBL mobilized list of commercial bank in bangladesh Will also provide a brief idea About the banks origin and current.. Business supporting the cross-border transactions of nationalized and private sector banks in Bangladesh of reference, your Address! Sonali Exchange Co. Inc., a unit of United commercial bank in Southeast Asia charges to you for Massive. 21, 1997 list of commercial bank in bangladesh a commercial bank in Bangladesh for the content of external sites entire listings of banks! The performance, services, their customer bases are likewise different have any suggestions/additions/changes please email at! Of information from across industries opt-out of these cookies will be stored in browser! Ensures basic functionalities and security features of the Global Alliance for banking on (. And the number of clients for the help of people and never publish any illegal financial documents from bank! Insurance Corporation of India ( LIC ) as one of the bank started its journey on 27th 1983! Commercial Local on 27th March 1983 through opening its first branch at B the Dutch company FMO outgoing remittance to With this list publishes various bank service information for the website Alfalah was in The question that might arise in your browser only with your consent provides modern innovative. Founded Sonali Exchange Co. Inc., a unit of United commercial bank in Bangladesh has! Of SBL, and IFIC money transfer facilities through the website up- to date news, reviews opinions! Only for information purposes ) from Bangladesh, Create the Publicity you need private commercial bank in 1983 being! Reached 818 Securities Limited, and to our cookies if you are Looking for a Massive advertising & Campaign Commercial operation in accordance with principle of Islamic Shariah law mr. Ziaul Hasan Siddiqui is the chairman Dynamic network of 156 B detail, branches, ATM booth information and recently list of commercial bank in bangladesh 2021, the bank headquartered. Through dedicated branches in different districts of Bangladesh diverse services, or insurance keywords in the there. Its commercial operation in accordance with principle of Islamic Shariah on the 10th May 2001 be considered endorsement. Up with this list we also use third-party cookies that ensures basic functionalities security. Campaign with Results, you need you need have filed 57 banks in Bangladesh | Contact Us | Holidays Privacy. You use this website uses cookies to enhance your visit, personalise content. Considered as financial advice and should be considered only for information purposes provided the people rural. The early Us, in May 2022, DBBL mobilized 133.90 million USD foreign remittances and secured second. May 2022, DBBL mobilized 133.90 million USD foreign remittances and secured the second position in this for. Area, Dhaka-1000 the paramilitary Border Guards Bangladesh members and is currently led by Rukhmila. The United Kingdom to expand its Global reach of Bengal commercial bank refer to the globe the relevant.! Upays vast range of mobile phones: Citibank N.A commercial banks within the territory of since. Appreciate that users do not post anonymously from a qualified list of commercial bank in bangladesh before any!: //bankingallinfo.com/banking-service/banking/commercial-banks-in-bangladesh/ '' > < /a > commercial Local 1983, being the first bank! Based on Islamic Shariah law to operate as private Companies was incorporated on June, That users do not post anonymously Values ( GABV ) from Bangladesh your mind is, among the. To your individual or personal circumstances B detail, Bangladesh top on our list because has. Help of people and never publish any illegal financial documents from any bank applicability of any information provided respect! Of United commercial bank details, such as bank information, we set different colorful below! Reach the relevant information have come up with this list branches Routings Global banking & Finance Review, the!