Bank, an institution that deals in money and its substitutes and provides other financial services. In its role as a financial intermediary, a bank accepts deposits and makes loans. It earns profit from the difference between the cost of attracting and servicing deposits (including interest payments) and the income earned from borrowers through interest or through securities. Many banks offer financial management and related services such as products such as mutual funds and credit cards. Some bank liabilities also function as money—that is, as a generally accepted means of payment and exchange. In this article we are presenting to you the list of public and private banks of Bangladesh.
List of Government Banks in Bangladesh
- Bangladesh Development Bank Ltd. (BDBL)
- Agrani Bank Limited (ABL)
- Sonali Bank Ltd. (SBL)
- BASIC Bank Limited
- Janata Bank PLC (JB)
- Rupali Bank PLC
- Bangladesh Krishi Bank
- Rajshahi Krishi Unnayan Bank
- Probashi Kallyan Bank
- Community Bank Bangladesh Ltd
1. Bangladesh Development Bank Ltd (BDBL)
Bangladesh Development Bank is a state-owned specialised commercial bank in Bangladesh. The bank has one of the highest loan default rates in Bangladesh. Shamima Nargis is the chairperson of the bank. Kazi Alamgir is the chief executive officer and managing director of the bank.
Bangladesh Development Bank was established on 16 November 2009 as a Public Limited Company by merging the state-owned Bangladesh Shilpa Bank with the Bangladesh Shilpa Rin Sangstha; both were established on 31 October 1972.
2. Agrani Bank Limited (ABL)
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. It was formed under the Bangladesh Banks (Nationalization) Order 1972. 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. 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.
3. 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. Later in 2007, it was converted to a Public Limited Company with full ownership of the government and started functioning as Sonali Bank Limited. To expand its activities, the bank founded Sonali Exchange Co. Inc., a full subsidiary company in the US, in 1994. Moreover, Sonali Bank Ltd., along with the government of Bangladesh, initiated the operation of Sonali bank (UK) in 2001.
4. BASIC Bank Limited
BASIC Bank Limited (founded as Bangladesh Small Industries and Commerce Bank) is owned bank in Bangladesh which was founded on 2 August 1988. The bank was founded to finance small enterprises.[2] Abul Hashem is chairman of the bank.[3] Md. Anisur Rahman is the managing director of the bank.[4] More than 45 billion taka loan was defaulted from the bank, many of the loans were to companies that existed on paper only, with the support of former chairperson Sheikh Abdul Hye Bachhu.[5][6][7] 100 borrowers accounted for 86 percent of the defaulted loans.
5. Janata Bank PLC. (JB)
Janata Bank PLC. is a state-owned commercial bank of Bangladesh established in 1972. Its headquarters is situated at Motijheel in Dhaka, the capital city of Bangladesh. It is the second largest commercial bank in Bangladesh. In 2019, Janata Bank had a fiscal deficit of 82.56 billion taka, the highest of any bank in Bangladesh ever. It’s the best performing public bank in Bangladesh.
6. Rupali Bank PLC
Rupali Bank is a state owned commercial bank in Bangladesh. Its headquarters is in 34 Dilkusha, Dhaka. Kazi Sanaul Haque is the chairman of the bank. Mohammad Jahangir is the managing director of the bank.
Rupali Bank Limited was constituted with the merger of 3 erstwhile commercial banks i.e. Muslim Commercial Bank Limited, Australasia Bank Limited and Standard Bank which operated in the then East Pakistan on 26 March 1972, under the Bangladesh Banks (Nationalization) Order 1972.[5]
7. Bangladesh Krishi Bank (BKB)
Bangladesh Krishi Bank is a fully government owned bank in Bangladesh founded in 1973. The primary purpose of the bank is to provide services to farmers and agricultural industry. Rajshahi Krishi Unnayan Bank is the other state owned agriculture bank in Bangladesh.
Bangladesh Krishi Bank was established in 1973. Bangladesh Krishi Bank is one of seven state owned banks in Bangladesh. In 2006, the bank was ordered to ensure 2 per cent interest on loans to farmers. On 16 November 2006, M Fazlul Haque was appointed managing director of the Bank.
8. Rajshahi Krishi Unnayan Bank
Rajshahi Krishi Unnayan Bank is a state-owned specialized bank in Bangladesh, a specialized financial institution for financing the farmers of the 16 districts of Rajshahi and Rangpur. The headquarters of the bank is in Rajshahi.
Rajshahi Krishi Unnayan Bank was established on 15 March 1987 through the Presidential Ordinance No 58. The Bank’s headquarters are located in Rajshahi. The Bank was made for farmers of Rangpur and Rajshahi divisions. It received 253 branches of Bangladesh Krishi Bank in Rangpur and Rajshahi Division.
9. Probashi Kallyan Bank
Probashi Kallyan Bank is a state-owned bank in Bangladesh, a specialized financial institution for non-resident Bangladeshis. The Bank was started in 2010 by the Government of Bangladesh to provide financial services to oversea Bangladeshis. It had a start up capital of 1 billion taka. 95 percent of the capital came from Wage Earners’ Welfare Fund and five percent from the government of Bangladesh.
On 11 September 2016, Md Wahiduzzaman Khandaker was appointed Managing Director of Probashi Kallyan Bank.
10. Community Bank Bangladesh Ltd.
Community Bank Bangladesh Limited, a concern of Bangladesh Police Kallyan Trust, has been established with a vision to serve communities with the tailor made secured solutions abiding by the highest level of corporate governance. It aims to contribute to the economic growth of the country by providing financial products & services to the communities across geographies. State-of-the-art Core Banking System is an enabler to operate centrally in optimum magnitude. Community Bank runs on its three core building blocks i.e. Trust, Security and Progress.
List of Private Banks in Bangladesh
| SL No | Name of Private Banks | Contact | Head office Address |
|---|---|---|---|
| 01 | AB Bank Limited | Phone: +88-02-9560312 Fax: +88-02-9564122, 23 Email: [email protected] | Corporate Office: BCIC Bhaban, 30-31 Dilkusha C/A, Dhaka 1000, Bangladesh, GPO Box: 3522 |
| 02 | Al-Arafah Islami Bank Limited | Phone: +880-2-7123255-7, 9568007, 9569353 Fax: + 880-2-9569351 Email: [email protected] | 36, Dilkusha(6-9 Floor) C/A Dhaka-1000, Bangladesh. |
| 03 | Bangladesh Commerce Bank Limited | Phone: 9559831, 9571581 (PABX) Fax: +88-02-9568218 Email: [email protected] | Taranga Complex 19 Rajuk Avenue Motijheel, Dhaka 1000 Bangladesh |
| 04 | Bank Al-Falah Limited | Phone: +880-2-7168821-05 Fax: +880-2-9557413 | 5, Rajuk Avenue, Motijheel CA, Dhaka, Bangladesh |
| 05 | Bank Asia Limited | Phone: +880-02-9563651-2 Fax: +880-02-9566223 Email: [email protected] | Tea Board Building (1st Floor), 111-113, Motijheel C/A, Dhaka-1000. |
| 06 | Bangladesh Small Industries and Commerce Bank Limited | Phone: +880-2-9568190, 9564830, 7175691, 7175692 Fax: +88-02-9564829, 7115612, 7124911, 7125653 Email: [email protected] | Sena Kalyan Bhaban (5th Floor)195 Motijheel C/A, Dhaka-1000 |
| 07 | BRAC Bank Limited | Phone: +880-2-885 9202, +88 01819 230000 (Call Center) Fax: +880-2-986 0395 Email: [email protected] | 1 Gulshan Avenue, Gulshan, Dhaka 1212 Bangladesh |
| 08 | City Bank | Phone: +880-2-8813483, 8814375, 8813126 Fax: +88-02-9884446 Email: [email protected] | City Bank Center, 136, Gulshan Avenue, Gulshan-2, Dhaka-1212, Bangladesh |
| 09 | Commercial Bank of Ceylon Limited | Phone: +880-2-7114125 Fax: +880-2-9565707, 9566574 Email: [email protected] | Commercial Bank of Ceylon PLC, Hadi Mansion, 2 Dilkusha C/A, Dhaka- 1000, Bangladesh |
| 10 | Dhaka Bank Limited | Phone: +880-2-9556585, 9554514, 9554514 Fax: +880-2-9556584, 9571013 Email: [email protected] | Biman Bhaban (1st Floor). 100, Motijheel C/A, Dhaka – 1000, Bangladesh |
| 11 | Dutch-Bangla Bank Limited | Phone: 9666238, 7115756 Fax: +880-2-9561889 Email: [email protected] | Sena Kalyan Bhaban,195, Motijheel C/A. Dhaka Bangladesh |
| 12 | Eastern Bank Limited | Phone: + 880-2-9556360, 9558392 Fax: +880-2-9558392 Email: [email protected] | Jiban Bima Bhaban, 10, Dilkusha C/A, Dhaka Bangladesh |
| 13 | Export Import Bank Of Bangladesh Ltd | Phone: +880-2-9889363, 9891489 Fax: +880-2-8828962 Email: [email protected] | “SYMPHONY” Plot # SE (F): 9, Road # 142 Gulshan Avenue, Dhaka- 1212 |
| 14 | Farmers Bank Limited | Phone: +(88) 02 888 888 8; +(88) 017 00 000 000 Email: [email protected] | Jabbar Tower, Plot-42, Road-135, Gulshan Avenue [Circle 1], Dhaka-1212. Dhaka, Bangladesh |
| 15 | First Security Islami Bank Limited | Phone: +880-2-9553870 Fax: +88-02-9561637 Email: [email protected] | 23, Dilkusha Commercial Area, Dhaka-1000, Bangladesh |
| 16 | Habib Bank Ltd. | Phone: +880-2-9883505, 9884954 Fax: +880-2-9883064 Email: [email protected], [email protected] | South Avenue Tower, 7 Gulshan Avenue, (1st floor) Gulshan –1, Dhaka – 1212.Bangladesh |
| 17 | The Hongkong and Shanghai Banking Corporation Limited | Phone: 1199884722 Email: [email protected] | Anchor Tower, 108 Bir Uttam C R Dutta, Dhaka 1205, Bangladesh |
| 18 | ICB Islamic Bank Ltd | Phone: +880-2-9143361-5 Fax: +880-2-9111994 Email: [email protected] | T.K. Bhaban (15th floor), 13 Kazi Nazrul Islam Avenue Kawran Bazar, Dhaka -1215, Bangladesh |
| 19 | International Finance Invest and Commerce Bank Ltd | Phone: +880-2-9563020, 9562060, 9562062, 9562068 Fax: +880-2-9562015, 7161644 Email: [email protected] | BSB Building (8th – 10th & 16th – 19th Floor), 8, Rajuk Avenue G.P.O. Box – 2229, Dhaka-1000 Bangladesh |
| 20 | Islami Bank Bangladesh Ltd | Phone: +880-2-9563040(Auto Hunting), 9560099, 9567161,9567162, 9569417 Fax: +880-2-9564532, 9568634 Email: [email protected] | Islami Bank Tower, 40, Dilkusha Commercial Area, Dhaka – 1000, Bangladesh. |
| 21 | United Commercial Bank Limited | Phone: +880-2-8852500 Fax: +880-2-9560587 Email: [email protected] | Bulus Center Plot – CWS- (A)-1,Road No – 34 Gulshan Avenue, Dhaka-1212, Bangladesh |
| 22 | Uttara Bank Limited | Phone: +880-2-9551162-3, 9553085-6, 9558656, 9566067-9, 9565732, 9568941 Fax: +880-2-7168376, 9572102, 9561392 Email: [email protected], | Uttara Bank Bhaban 47, Bir Uttom Shahid Ashfaq-us-samad Road, 90 Motijheel Commercial Area, P.O. Box No. 217 & 818, Dhaka-1000, Bangladesh. |
| 23 | Jamuna Bank Ltd | Phone: +880-2-9570912-16, 9555141 Fax: +880-2-9565762 Email: [email protected] | Printers Building (3rd &8th) Floor 5, Rajuk Avenue, Dhaka, Bangladesh |
| 24 | Meghna Bank Limited | Phone: +88 02 9856881 Fax: +(880 2) 9857124, 9857128 Email: [email protected] | Doreen Tower (Level 07 & 08) 6-A, North Avenue- C/A Gulshan-2, Dhaka-1212 Bangladesh |
| 25 | Mercantile Bank Limited | Phone: +880-2-9559333, 9553892, 9561140 Fax: +880-2-9561213 Email: [email protected] | 61, Dilkusha Commercial Area, Dhaka-1000, Bangladesh |
| 26 | Midland Bank Limited | Phone: +88-02-8836864 Fax: +88-02-8836865 Email: [email protected] | Midland Bank Limited Head Office N. B. Tower 40/7 North Avenue Gulshan-2, Dhaka Dhaka-1212, Bangladesh |
| 27 | Mutual Trust Bank Limited | Phone: +880-2-8826966, 8822429 Fax: +880-2-9569762 Email: [email protected] | MTB Centre, 26 Gulshan Avenue, Gulshan 1,Dhaka, Bangladesh, 1212 |
| 28 | National Bank Limited | Phone: +880-2-956-3081, 966-6584 Fax: +880-2-956-3953, 966-9404 Email: [email protected] | 18 Dilkusha Commercial Area, Dhaka-1000, Bangladesh |
| 29 | National Bank of Pakistan | Phone: +880-2-9560248, 9560249 Fax: +880-2-9560247 Email: [email protected] | 79, Motijheel Commercial Area, Dhaka – 1000, Bangladesh. |
| 30 | National Credit & Commerce Bank Ltd | Phone: +880-2-9561902-4, 9566283, 9563981-3 Fax: +880-2-9566290 Email: [email protected] | 7-8, Motijheel Commercial Area, Dhaka – 1000, Bangladesh. |
| 31 | NRB Bank Limited | Phone: +880-2-9855161-4, 9855223-4, 8829142 Fax: +880-2-9855001 | Corporate Head Office Richmond Concord (7th Floor),68 Gulshan Avenue Gulshan Circle -01,Dhaka-1212,Bangladesh |
| 32 | One Bank Limited | Phone: +880-2-9118161, 9138361, 8122046, 9141397 Fax: +88-02-9134794 Email: [email protected] | HRC Bhaban 46, Kawran Bazar C/A Dhaka-1215, Bangladesh |
| 33 | The Premier Bank Limited | Phone: +880-2- 9887581-84, 8811417 Fax: +880-2-8815393 Email: [email protected] | “Iqbql Centre” 3rd Floor, 42 Kemal Ataturk Avenue, Banani, Dhaka-1213, Bangladesh |
| 34 | Prime Bank Ltd | Phone: +880-2-9567265, 9570747-8 PABX Fax: +880-2-9567230, 9560977, 9566215, 9560960 Email: [email protected] | Adamjee Court Annexe Building-2,119-120, Motijheel Commercial Area, Dhaka – 1000, Bangladesh. |
| 35 | Shahjalal Islami Bank Ltd | Phone: +880-2-8825457, 8828142, 8824736, 8819385, 8818737 Fax: +880-2-8824009 Email: [email protected] | Uday Sanz, Plot No. SE (A), 2/B Gulshan South Avenue, Gulshan – 1, Dhaka-1212, Bangladesh |
| 36 | Social Islami Bank Ltd. | Phone: +880-2-9559014, 9557499, 9568275, 9565647 Fax: +880-2-9568098 Email: [email protected], [email protected] | 15, Dilkusha Commercial Area, Dhaka-1000, Bangladesh. |
| 37 | South Bangla Agriculture and Commerce Bank Ltd. | Phone: Email: | Sun Moon Star Tower 37, Dilkusha C/A, Dhaka – 1000 |
| 38 | Southeast Bank Limited | Phone: +880-2-9571115, 7160866, 9555466, 7173793 Fax: +880-2-9550093 Email: [email protected] | Eunoos Trade Center 52-53, Dilkusha, Commercial Area, (Level – 2, 3, 4 & 16) Dhaka – 1000, Bangladesh |
| 39 | Standard Bank Limited | Phone: +880-2-9667224, 9667802 9560299, 9558375 Fax: +880-2-9550597 Email: [email protected] | Chamber Building(3rd Floor) 122-124, Motijheel, Commercial Area, Dhaka-1000, Bangladesh. |
| 40 | Standard Chartered Bank | Phone: +880-2-8833003-4, 01819 399999, (02) 896 1151 Email: | 67 Gulshan Avenue, Gulshan, Dhaka 1212, Bangladesh |
| 41 | Trust Bank Limited | Phone: +880-2-9570261, 9570263, 9572012-3 Email: [email protected] , [email protected] | Peoples Insurance Bhaban 36, Dilkusha Commercial Area (2nd, 16th & 17th Floor), Dhaka-1000, Bangladesh |
| 42 | Union Bank Limited | Phone: Email: | Bahela Tower, 72 Gulshan Avenue,Gulshan 1 Dhaka-1212, Bangladesh |
Conclusion
Banks play a vital role in people’s lives for saving and taking loans. In this article we have provided the list of various public and private banks of Bangladesh, hope you have been able to gather information about the banks from here. If you like our article then share it with your friends and stay with us. Thank you.
