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List of Banks
in Bangladesh
The commercial banking system dominates
Bangladesh's financial sector. Bangladesh Bank is the Central Bank of
Bangladesh and the chief regulatory authority in the sector. The banking
system is composed of four state-owned commercial banks, five
specialized development banks, thirty private commercial Banks and nine
foreign commercial banks. The Nobel-prize winning Grameen Bank is a
specialized micro-finance institution, which revolutionized the concept
of micro-credit and contributed greatly towards poverty reduction and
the empowerment of women in Bangladesh.
Central Bank
Bangladesh Bank
Pursuant to Bangladesh Bank Order, 1972 the Government of Bangladesh
reorganized the Dhaka branch of the State Bank of Pakistan as the
central bank of the country, and named it Bangladesh Bank with
retrospective effect from 16 December 1971.
State-owned Commercial Banks
The banking system of Bangladesh is dominated
by the 4 Nationalized Commercial Banks , which together controlled more
than 54% of deposits and operated 3388 branches (54% of the total) as of
December 31, 2004. The nationalized commercial banks are:
Specialised Bank of Bangladesh:
Karmosangesthan Bank
Bangladesh Krishi Bank
Sonali Bank
Janata Bank
Agrani Bank
Rupali Bank
Private Commercial Banks
Private banks are the highest growth sector
due to the dismal performances of government banks (above). They tend to
offer better service and products.
AB Bank Ltd
BRAC Bank Limited
Eastern Bank Limited
Dutch Bangla Bank Limited
Dhaka Bank Limited
Islami Bank Bangladesh Ltd
Pubali Bank Limited
Uttara Bank Limited
IFIC Bank Limited
National Bank Limited
The City Bank Limited
United Commercial Bank Limited
NCC Bank Limited
Prime Bank Limited
SouthEast Bank Limited
Al-Arafah Islami Bank Limited
Social Islami Bank Limited
Standard Bank Limited
One Bank Limited
Exim Bank Limited
Mercantile Bank Limited
Bangladesh Commerce Bank Limited
Mutual Trust Bank Limited
First Security Islami Bank Limited
The Premier Bank Limited
Bank Asia Limited
Trust Bank Limited
Shahjalal Islami Bank Limited
Jamuna Bank Limited
ICB Islami Bank
Moon Bank Limited
United Bank Limited
Foreign Commercial Banks
Citibank na
HSBC
Standard Chartered Bank
Commercial Bank of Ceylon
State Bank of India
Habib Bank
National Bank of Pakistan
Wo Bank
Bank Alfalah
Specialized Development Banks
Out of the specialized banks, two (Bangladesh
Krishi Bank and Rajshahi Krishi Unnayan Bank) were created to meet the
credit needs of the agricultural sector while the other two ( Bangladesh
Shilpa Bank (BSB) & Bangladesh Shilpa Rin Sangtha (BSRS) are for
extending term loans to the industrial sector. The Specialized banks
are:
Grameen Bank
Bangladesh Krishi Bank
Bangladesh Development Bank Ltd
Rajshahi Krishi Unnayan Bank
Basic Bank Ltd (Bank of Small Industries and Commerce)
Bangladesh Somobay Bank Limited(Cooperative Bank)
Ansar VDP Unnyan Bank
Bangladesh
Al Baraka Bangladesh - The aim of our banking mission is based on
offering the best distinguished and developed services to the clients,
which contribute in increasing their investments
Grameen Bank - Grameen Bank (GB) has reversed conventional banking
practice by removing the need for collateral and created a banking
system based on mutual trust, accountability, participation and
creativity.
HSBC The Group, one of the world's largest banking and financial
services organisations, had its beginnings in Asia more than 130 years
ago. HSBC's international network comprises around 9,500 offices in 85
countries and territories in Europe the AsiaPacific region,the Americas
the Middle East and Africa
Islami Bank Bangladesh Limited -Private commercial bank based on Islamic
Shariah.
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