Banks

AB Bank Limited

Company Profile

Represented By

Mr. Tarique Afzal
President & Managing Director

AB Bank Limited, the first private sector bank was incorporated in Bangladesh on 31st December 1981 as Arab Bangladesh Bank Limited and started its operation with effect from April 12, 1982. AB Bank is known as one of leading banks of the country since its commencement 32 years ago. Our continuous focus devolves our best efforts to make available the latest products and services considering our valued customers and client perspectives and needs with our experience, passion, dedication and quality standards. Being the market leader in the private banking industry of Bangladesh, AB Bank has thus been able to keep its consumer’s and client’s trust upholding its reliability and strong footage. During last three decades AB Bank has been extending services at home and abroad. Currently AB Bank has 86 local branches, one foreign branch in Mumbai, India; 6 subsidiary companies including one exchange company in UK, Off-shore Banking Unit and Custodial services. The Bank re-opened its Representative Office at Yangon, Myanmar and at London, UK extending its foreign operations. Despite the adverse market conditions, AB Bank Limited concluded the 2013 financial year with good results. The Bank’s consolidated profit after taxes amounting to Taka 146 cr which is 5% higher than that of previous year. The asset base of AB Bank Limited and Its subsidiaries grew by 14% from 2012 to stand at over Tk 17,552 cr at the end of 2013. The Bank showed strong growth in loans and deposits. Deposit of the Bank rose by Tk. 2,408 cr i.e. 21% while the diversified Loan Portfolio grew by over 11% during the year and recorded an increase of Tk 1,119 cr. Foreign Trade Business (Import & Export) handling stood at Tk 16,615 cr resulting a growth of over 21% in 2013. The Bank maintained its sound credit rating in 2013. The Credit Rating Agency of Bangladesh Limited (CRAB) awarded the Bank an AA3 rating on long term and ST-2 rating on short Term. AB Bank believes in modernization. The bank took a conscious effort to rejuvenate its past identity – an identity that the bank carried as Arab Bangladesh Bank Limited for twenty five long years. As a result, the bank chose to rename itself as AB Bank Limited and Bangladesh Bank put its affirmative stamp on November 14, 2007. The Bank decided to change its traditional color and logo to bring about a fresh and dynamic appearances in the financial arena; an approach, which like its new logo symbolizes the blend of bonding and trust. The bank developed its logo with the auspicious of its vision and mission and core values with contemporary theme. The new logo represents our cultural “Sheetal pati” as it reflects the bonding with its clientele and fulfilling their every needs. Thus the new spirit of AB is “Bonding”. The Logo is primarily “red” symbolizes velocity/speed and purity. The new logo represents bonding of its affiliates that generates changes considering its customer demands. AB Bank launched the new Logo on its 25th founding Anniversary. AB Bank commits to the nation taking a lead in the Banking sector through not only its strong financial position, but also through innovation on products and services. It also ensures creating value added services for its respected customers and shareholders. The bank has been focusing to bring the services at the doorstep of its customers and to bring millions into banking channels those who are outside the mainstream banking arena. Innovative products and services were introduced in the field of Small and Medium Enterprise (SME) credit, Women’s Entrepreneur, Consumer Loans, Debit and Credit Cards (Local & International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking, specialized products and services for NRBs, Priority Banking, and Customer Care. The Bank has successfully completed its automation project in mid 2008. It envisages enabling customers to get banking services and products within the comfort of their homes and offices. AB Bank has been continuously very keen on investing its greatest asset, the human resources to drive forward with its mission “to be the best performing bank in the country.” The bank has introduced Dress Code for its employees. Male employees wear designed ties and females wear Sharee or Salwar Kamiz, all dresses are designed and marked with the unique AB Bank logo. AB is recognized as the people’s choice, catering to the satisfaction of its cliental. Their satisfaction is AB’s success!

Agrani Bank Ltd.

Company Profile

Represented By

Mr. Md. Murshedul Kabir
Managing Director & CEO

Agrani Bank Limited, a leading commercial bank with 902 outlets strategically located in almost all the commercial areas throughout Bangladesh, overseas Exchange Houses and hundreds of overseas Correspondents, came into being as a Public Limited Company on May 17, 2007 with a view to take over the business, assets, liabilities, rights and obligations of the Agrani Bank which emerged as a nationalized commercial bank in 1972 immediately after the emergence of Bangladesh as an independent state. Agrani Bank Limited started functioning as a going concern basis through a Vendors Agreement signed between the ministry of finance, Government of the People’s Republic of Bangladesh on behalf of the former Agrani Bank and the Board of Directors of Agrani Bank Limited on November 15, 2007 with retrospective effect from 01 July, 2007. Agrani Bank Limited is governed by a Board of Directors consisting of 13 (thirteen) members headed by a Chairman. The Bank is headed by the Managing Director & Chief Executive Officer; Managing Director is assisted by Deputy Managing Directors and General Managers. The bank has 11 Circle offices, 29 Divisions in head office, 62 zonal offices and 902 branches including 27 corporate and 40 AD (authorized dealer) branches.

Bank Alfalah Limited

Company Profile

Represented By

Mr. Adil Islam
Country Head

Our deposit suite has been designed keeping the diverse needs of our customers. From basic banking accounts, term deposits, foreign currency to structured savings products, choose the option that best suits your needs and start enjoying your daily banking services through our vast branch network and self service banking solutions.

BASIC Bank Limited

Company Profile

Represented By

Md. Anisur Rahman
Managing Director

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. It is governed by the Banking Companies Act 1991. The Bank was established as the policy makers of the country felt the urgency for a bank in the private sector for financing small scale Industries (SSIs). At the outset, the Bank started as a joint venture enterprise of the BCC Foundation with 70 percent shares and the Government of Bangladesh (GOB) with the remaining 30 percent shares. The BCC Foundation being nonfunctional following the closure of the BCCI, the Government of Bangladesh took over 100 percent ownership of the bank on 4th June 1992. Thus the Bank is state-owned. However, the Bank is not nationalized; it operates like a private bank as before. BASIC Bank Limited is unique in its objectives. It is a blend of development and commercial banks. The Memorandum and Articles of Association of the Bank stipulate that 50 percent of loanable funds shall be invested in small and cottage industries sector.

BRAC Bank Limited

Company Profile

Represented By

Mr. Selim R F Hussian
Managing Director & CEO

Corporate Vision Building profitable and socially responsible financial institution focused on Market and Business with Growth potential, thereby assisting BRAC and stakeholders to build a just, enlightened, healthy democratic and poverty free Bangladesh”. Corporate Mission Sustained growth in Small & Medium Enterprise sector Continuous low-cost deposit Growth with controlled growth in retail assets. Corporate Assets to be funded through self-liability mobilization. Growth in Assets through syndications and investment in faster growing sectors. Continuous endeavor to increase non-funded income Keep our debt charges at 2% to maintain a steady profitable growth Achieve efficient synergies between the bank’s branches, SME unit offices and BRAC field offices for delivery of remittance and Bank’s other products and services Manage various lines of business in a full controlled environment with no compromise on service quality Keep a divers, far flung team fully controlled environment with no compromise on service quality Keep a diverse, far flung team fully motivated and driven towards materializing the bank’s vision into reality Core Values Our Strength emanates from our owner – BRAC. This means, we will hold the following values and will be guided by BRAC as we do our work. Value the fact that one is a member of the BRAC family Creating an honest, open and enabling environment Have a strong customer focus and build relationships based on integrity, superior service and mutual benefit Strive for profit & sound growth Work as team to serve the best interest of our owners Relentless in pursuit of business innovation and improvement Value and respect people and make decisions based on merit Base recognition and reward on performance Responsible, trustworthy and law-abiding in all that we do.

Citibank N.A

Company Profile

Represented By

Mr. N Rajashekaran
Managing Director & Country Business Manager Bangladesh

The Financial Supermarket with a Winning Culture Offering Enjoyable Experiences Offer wide array of products and services that differentiate and excite all customer segments Be the “Employer of choice” by offering an environment where people excel and leaders are created Continuously challenge processes and platforms to enhance effectiveness and efficiency Promote innovation and automation with a view to guaranteeing and enhancing excellence in service Ensure respect for community, good governance and compliance in everything we do Result Driven Accountable & Transparent Courageous & Respectful Engaged & Inspired Focused on Customer Delight

The City Bank Ltd.

Company Profile

Represented By

Mr. Mashrur Arefin
Managing Director

The Financial Supermarket with a Winning Culture Offering Enjoyable Experiences Offer wide array of products and services that differentiate and excite all customer segments Be the “Employer of choice” by offering an environment where people excel and leaders are created Continuously challenge processes and platforms to enhance effectiveness and efficiency Promote innovation and automation with a view to guaranteeing and enhancing excellence in service Ensure respect for community, good governance and compliance in everything we do Result Driven Accountable & Transparent Courageous & Respectful Engaged & Inspired Focused on Customer Delight

Commercial Bank of Ceylon PLC

Company Profile

Represented By

Mr. Najith Meewanage
Chief Executive Officer

Having set a benchmark in private sector banking in Sri Lanka we have set standards, created an identity and forged an unsurpassable trend. Recognised as trend setter we have maintained our cultural identity while providing a range of products and services. Powered by state-of-the-art technology and driven by a team of highly motivated, dynamic individuals we have become the leaders in private banking in Sri Lanka. Over the period of last 10 years of operation in Bangladesh, CBC has expanded its branch network to 10 branches, 2 specialised OBU sections in Dhaka(Dhanmondi) and Chittagong(CEPZ) and 6 SME centres in Bangsal Road(Dhaka), Progati Sharani(Dhaka), Shantinagar(Dhaka), Tongi (Dhaka), Jubilee Road(Chittagong) and CDA Avenue (Chittagong). Unique products and services, superior service quality and efficient and customised solutions to the requirements of corporate and personal banking customers are hallmarks of the successful stride of CBC in Bangladesh.

Dhaka Bank Limited

Company Profile

Represented By

Mr. Emranul Huq
Managing Director

Bangladesh economy has been experiencing a rapid growth since the ’90s. Industrial and agricultural development, international trade, inflow of expatriate Bangladeshi workers’ remittance, local and foreign investments in construction, communication, power, food processing and service enterprises ushered in an era of economic activities. Urbanization and lifestyle changes concurrent with the economic development created a demand for banking products and services to support the new initiatives as well as to channelize consumer investments in a profitable manner. A group of highly acclaimed businessmen of the country grouped together to responded to this need and established Dhaka Bank Limited in the year 1995. The Bank was incorporated as a public limited company under the Companies Act, 1994. The Bank started its commercial operation on July 05, 1995 with an authorized capital of Tk. 1,000 million and paid up capital of Tk. 100 million. The present authorized capital of the Bank is Tk. 10,000 million. The paid up capital of the Bank stood at Tk 5,685,129,640.00 as on June 30, 2014. The total equity (capital and reserves) of the Bank as on June 30, 2014 stood at Tk 11,254,779,338.00 (provisional). The Bank has 75 Branches including 2 Islamic Banking Branches, 3 SME Service Centers, 1 Offshore Banking Unit, 1 Kiosk along with 6 Branches under Dhaka Bank Securities Limited across the country and a wide network of correspondents all over the world. The Bank has plans to open more Branches in the current financial year to expand the network.

Eastern Bank Limited

Company Profile

Represented By

Mr. Ali Reza Iftekhar
Managing Director

Export Import Bank of Bangladesh Ltd.

Company Profile

Represented By

Dr. Mohammed Haider Ali Miah
Managing Director

First Security Islami Bank Limited

Company Profile

Represented By

Syed Waseque Md. Ali
Managing Director

Our Mission To contribute to the socio-economic development of the country. To attain the highest level of satisfaction through the extension of services by dedicated and motivated professionals. To maintain continuous growth of market share by ensuring quality. To ensure ethics and transparency in all levels. To ensure sustainable growth and establish full value of the honorable shareholders and above all, to contribute effectively to the national economy.

The Hong Kong and Shanghai Banking Corporation Ltd.

Company Profile

Represented By

Mr. Md. Mahbub Ur Rahman
Chief Executive Officer

Our Mission To contribute to the socio-economic development of the country. To attain the highest level of satisfaction through the extension of services by dedicated and motivated professionals. To maintain continuous growth of market share by ensuring quality. To ensure ethics and transparency in all levels. To ensure sustainable growth and establish full value of the honorable shareholders and above all, to contribute effectively to the national economy.

In Bangladesh, the HSBC Group’s history dates back to 1996 when The Hongkong and Shanghai Banking Corporation (HSBC) Ltd opened its first branch. Today, the HSBC Group offers a comprehensive range of financial services in Bangladesh including commercial banking, consumer banking, payments and cash management, trade services, treasury, and custody and clearing.

General Background

• Opened first Bangladesh branch in December 1996
• Network of 14 offices, 40 ATMs, 6 Customer Service Centres, an offshore banking unit, and offices in 8 EPZs.

Key business areas:

• Retail Banking and Wealth Management
• Commercial Banking
• Corporate and Institutional Banking
• Global Markets

IFIC Bank Limited

Company Profile

Represented By

Mr. M. Shah Alam Sarwer
Managing Director

Islami Bank Bangladesh Ltd.

Company Profile

Represented By

Mr. Mohammed Monirul Moula
Managing Director

Janata Bank Ltd

Company Profile

Represented By

Mr. Md. Abdus Salam Azad
Managing Director & CEO

Background With the emergence of Bangladesh as an independent, sovereign state in 1971 after a devastating nine month war against the West Pakistani occupation army, a war, full of blood and tears, trauma and pain of millions of our beloved ones, the legacy of rebuilding the already broken financial base of the country was felt as an urgent call of the day against a collapsed economic reality of a newly born state. Inception In this backdrop, in order to rebuild the country’s economy, measures had been taken to merge a number of banks previously operated in this region and make new banks and this initiatives led to formation of Janata Bank in 1972 by combining the erstwhile United Bank Limited and Union Bank Limited under the Banks Nationalization Order (President’s Order No. 26) of 1972. Corporatization In 15 November, 2007 Janata Bank got registered with the Joint Stock of Registrars and restructured it as a public limited company with the name Janata Bank Limited. Roundup Including 4 overseas branches in United Arab Emirates Janata Bank runs its business with 911 branches across the country having a big family of around 12,939 (As on 31.03.2017) employees with its head office located at Janata Bhaban at Motijheel C/A, the heart of the capital city, Dhaka. At the end of 2016 the Bank held Deposit BDT 641,819.15 million, Advance BDT 403,037.41 million with Authorized capital BDT 30,000 million and Paid-up Capital BDT 19,140 million. Janata Bank Limited, a corporate body trusted over the years, the 2nd largest (in respect of Deposits/Assets) commercial bank in Bangladesh, has been playing pivotal role in overall financial activities of the country and is possessing a long heritage of discharging laudable services to the society since her embankment immediately after the emergence of this verdant rich alluvial soil as a sovereign, independent state. The contribution of the Bank to the national economy and social reform has set standard bar so high that others in this business can’t help aspire touching the benchmark of success earned by JBL. More so a matter of great honour is that the contribution, commitment and success of the Bank have been recognized with a number of prestigious awards by national and international organizations of repute.

Mercantile Bank Limited

Company Profile

Represented By

Mr. Md.Quamrul Islam Chowdhury
Managing Director

Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking services and to contribute socio-economic development of the country. The Bank commenced its operation on June 2, 1999.

The Bank provides a broad range of financial services to its customers and corporate clients. The Board of Directors consists of eminent personalities from the realm of commerce and industries of the country.

Mutual Trust Bank Limited

Company Profile

Represented By

Syed Mahbubur Rahman
Managing Director & CEO

National Credit & Commerce Bank Ltd

Company Profile

Represented By

Mr. Mohammad Mamdudur Rashid
Managing Director & CEO

National Bank Limited

Company Profile

Represented By

Mr. Md. Mehmood Husain
Managing Director

One Bank Limited

Company Profile

Represented By

Mr. Md. Monzur Mofiz
Managing Director

Prime Bank Limited

Company Profile

Represented By

Mr. Hassan O. Rashid
Managing Director & CEO

About Prime Bank

Prime Bank, is a top-tier second generation local commercial bank in Bangladesh established in 1995. Headquartered in the heart of Dhaka’s bustling financial hub Motijheel, the Bank’s operational footprint is spread all over the country with 146 branches and 170 ATM locations. It was incorporated under the Companies Act of 1994.

Prime Bank is best known for its expertise in Corporate and Institutional Banking and its innovative Digital Banking services. Global Finance, a North America based leading financial publication has recognized Prime Bank as the Best Bank in Bangladesh in 2020. Prime Bank has also been awarded as the Best Digital Bank in Bangladesh in 2020 by Asiamoney, another global financial publication.

In 2014, Prime Bank initiated a ‘Business Model Restructuring and Centralization’ project to bring more coherence in its banking practices while re-engineering its business processes to enhance resource efficiency.

The Bank’s founding directors include, Mohammad Aminul Haque, Marina Yasmin Chowdhury and Mohammad Abdul Khaleque, among other prominent business icons of Bangladesh. Azam J Chowdhury, also the Chairman and Owner of East Cost Group, a diversified local conglomerate, and one of the leading industrialists of Bangladesh remains the longest serving Chairman of the Bank, having served six two-year terms till 2020.

Tanjil Chowdhury, Managing Director of East Coast Group, is the current Chairman of the Bank. He is also the Chairman of Prime Exchange Pte. Ltd, Prime Bank’s remittance arm in Singapore and Secretary General of Prime Bank Cricket Club, a social initiative of Prime Bank Foundation (PBF).

Zaeem Ahmed, Managing Director of Alliance Knit Composite Limited, and Zen Trading Corporation Limited as well as the proprietor of Jabbar & Company, is the Chairman of the Executive Committee (EC) of Prime Bank.

Pubali Bank Limited

Company Profile

Represented By

Mr. Safiul Alam Khan Chowdhury
Managing Director

The Bank was initially emerged in the Banking scenario of the then East Pakistan as Eastern Mercantile Bank Limited at the initiative of some Bangalee entrepreneurs in the year 1959 under Bank Companies Act 1913 for providing credit to the Bangalee entrepreneurs who had limited access to the credit in those days from other financial institutions. After independence of Bangladesh in 1972 this Bank was nationalized as per policy of the Government and renamed as Pubali Bank. Subsequently due to changed circumstances this Bank was denationalized in the year 1983 as a private bank and renamed as Pubali Bank Limited. Since inception this Bank has been playing a vital role in socio-economic, industrial and agricultural development as well as in the overall economic development of the country through savings mobilization and investment of funds. At Present, Pubali Bank is the largest private commercial bank having 455 branches and it has the largest real time centralized online banking network.

Shahjalal Islami Bank Limited

Company Profile

Represented By

Mr. Muhammed Shahidul Islam
Managing Director

Sonali Bank Ltd.

Company Profile

Represented By

Mr. Md. Afzal Karim
Managing Director& CEO

Standard Chartered Bank

Company Profile

Represented By

Mr. Naser Ezaz Bijoy
Country Head

Trust Bank Limited

Company Profile

Represented By

Ms. Humaira Azam
Managing Director

Trust Bank Limited is one of the leading private commercial banks having a spread network of 108 branches & SME centers, 175 ATM Booths, over 20,000 Paypoints and 65 POS in 55 Branches across Bangladesh and plans to open more branches to cover the important commercial areas in Dhaka, Chittagong, Sylhet and other areas in 2016.   The bank, sponsored by the Army Welfare Trust (AWT), is first of its kind in the country.  With a wide range of modern corporate and consumer financial products Trust Bank has been operating in Bangladesh since 1999 and has achieved public confidence as a sound and stable bank.

In 2001, the bank introduced automated branch banking system to increase efficiency and improve customer service.  In the year 2005, the bank moved one step further and introduced ATM services for its customers.

Since bank’s business volume increased over the years and the demands of the customers enlarged in manifold, our technology has been upgraded to manage the growth of the bank and meet the demands of our customers.
 
In January 2007, Trust Bank successfully launched Online Banking Services which facilitate Any Branch Banking, ATM Banking, Phone Banking, SMS Banking, & Internet Banking to all customers.  Customers can now deposit or withdraw money from any Branch of Trust Bank nationwide without needing to open multiple accounts in multiple Branches.

Via Online Services and Visa Electron (Debit Card), ATMs now allow customers to retrieve 24×7 hours Account information such as account balance checkup through mini-statements and cash withdrawals. 

Trust Bank has sucessfully introduced Visa Credit Cards to serve it’s existing and potential valued customers.  Credits cards can now be used at shops & restaurants all around Bangladesh and even internationally. 

Trust Bank is a customer oriented financial institution.  It remains dedicated to meet up with the ever growing expectations of the customer because at Trust Bank, customer is always at the center.

United Commercial Bank Limited

Company Profile

Represented By

Mr. Arif Quadri
Managing Director

Mashreqbank psc

Company Profile

Represented By

Kazi Ziaul Islam
Chief Country Representative

Mashreq has provided banking and financial services to millions of customers and businesses since 1967.
We are one of UAE’s leading financial institutions with a growing retail presence in the region including Egypt, Qatar, Kuwait and Bahrain. We focus on providing our customers access to a wide range of innovative products and services.
Mashreq is invariably among the highest performing banks in the Region. It’s financial performance reflects on its commitment to continue leading the UAE banking industry. To view the Bank’s financial performance, Click here.
Our branch network extends across the UAE with one in every two households in the UAE banking with us. We also have customer service centres in key retail locations and one of the largest ATM networks in the country. We also have 12 overseas offices in nine countries, including Europe, US, Asia and Africa. ration on June 2, 1999.

The Bank provides a broad range of financial services to its customers and corporate clients. The Board of Directors consists of eminent personalities from the realm of commerce and industries of the country.

Bank Asia Limited

Company Profile

Represented By

MR. ADIL CHOWDHURY
President & Managing Director

ABOUT BANK ASIA

WE STARTED WITH A SIMPLE IDEA.
In the year 1999, Bank Asia Ltd was launched by a group of successful entrepreneurs with recognized standings in the society. The management of the Bank consists of a team led by senior bankers with decades of experience in national and international markets. The senior management team is ably supported by a group of professionals, many of whom have exposure in the international market.

It set a massive milestone by acquiring the business operations of the Bank of Nova Scotia in Dhaka, first of its kind in the banking history of Bangladesh. It again repeated the performance by acquiring the Bangladesh operations of Muslim Commercial Bank Ltd (MCB), a renowned Pakistani bank.

In the year 2003, the Bank again came to the limelight with over-subscription of the Initial Public Offering of the shares of the Bank, which was a record (55 times) in the history of capital market of Bangladesh.

The asset and liability growth has been remarkable over the years. Bank Asia has been actively participating in the local money market as well as foreign currency market without exposing the Bank to vulnerable positions. The Bank’s investment in Treasury Bills and other securities went up noticeably, opening up opportunities for enhancing income in the context of a regime of gradual interest rate decline.

Bank Asia Limited started its service with a vision to serve people with modern and innovative banking products and services at an affordable charge. The bank’s commitment is to provide a modern and value added banking services to all segment of the society by maintaining the very best standard in a globalized world, with the help of technological advancements.

Bank Asia Limited has been a major facilitator of Financial Inclusion in Bangladesh by providing banking services to the most remotest corners of the country through pioneering “Agent Banking” services in Bangladesh during 2014. Since then, it’s been a remarkable story of financial inclusion with more than 5000+ outlets and 5 million+ customers across the rural areas of Bangladesh.

With a vision to build a poverty free Bangladesh, in future, Bank Asia wishes to open bank account for every able person of the country despite of their socio-economic class by expanding the Agent Banking Network to a financial kiosk in every village of the country. We are also aiming towards launching the first ever Digital Bank in Bangladesh for the future generation by transforming traditional banking with the help of modern technology.

Join with us in this journey of eradicating poverty and establishing prosperity, for a better tomorrow.