Top-10-Banks-list-in-Bangladesh

Top 10 Banks list in Bangladesh

Top 10 Banks list in Bangladesh

 

BEST 10 BANKS LIST IN BANGLADESH

1. ISLAMI BANK BANGLADESH LTD (IBBL)
2. DUTCH-BANGLA BANK LTD
3. EASTERN BANK LIMITED (EBBL)
4. BRAC BANK LIMITED
5. SONALI BANK LIMITED
6. JANATA BANK LIMITED
7. PRIME BANK LIMITED
8. BANK ASIA LIMITED
9. THE CITY BANK LIMITED
10. AGRANI BANK LTD (ABL)

 

1. Islami Bank Bangladesh Ltd.

Islami Bank Bangladesh Ltd known as IBBL, it is one of the First Islamic commercial bank in Bangladesh. IBBL is the best bank in the country, it’s awarded in 1999 and 2000 for excellent banking solutions and service.

IBBL was incorporated on 13 March 1983 as a public limited company Act 1913. Among the shareholder of this bank, there are 36.91% local and 63.09% foreign.

Having 33,686 shareholders as on thirty-first December 2016, it is in the list with Dhaka securities market and urban centre securities market licensed Capital of the Bank is BDT 20,000.00 Million and paid Capital is BDT 16,099.90 Million. Apart from these, the bank is famous among common people in Bangladesh.

Type Public limited company
Industry Banking
Traded as ISLAMIBANK
Industry IBBLBDDH
Founded 13 March 1983; 38 years ago
Headquarters Islami Bank Tower 40, Dilkusha C/A, Dhaka – 1000, Bangladesh
Area served Bangladesh & overseas
Key Person Md. Nazmul Hassan, Ph. D (Chairman)
Md. Mahbub-ul-Alam (Managing Director & CEO)
Mohammed Monirul Moula (Additional Managing Director)
Muhammad Qaisar Ali (Additional Managing Director)
Products Financial services
Services Banking services, ATM services, Internet Banking, Payment Gateway, Mobile Banking, Consumer Banking,  Corporate Banking, Investment Banking
Revenue Increase ৳88.74 billion (US$1.1 billion)  (2019)
Operating income Increase ৳43.79.74 billion (US$520 million)(2019)
Net income Decrease ৳5.48 billion (US$65 million)[3] (2019)
Total assets Increase ৳1142.18 billion (US$14 billion)[4] (2019)
Number of employees 14,000
Subsidiaries Islami Bank Bangladesh Ltd, Asset Management Arm, MORE
Website www.islamibankbd.com

2. Dutch-Bangla Bank Ltd

Dutch-Bangla Bank Limited is known as DBBL and the best bank all over in Bangladesh. It is supporting clients with the largest digital banking system and ATM booths.

DBBL maintains its own network and automation. DBBL has over 4,930 ATM’s installed all over Bangladesh, making it the largest network in Bangladesh. On 10 October 2010, DBBL inaugurated its 1000th ATM at the factory premises of the GlaxoSmithKline, Chittagong

Type Public limited company
Industry Banking
Traded as IDBBL
SWIFT DBBLBDDH
Founded 1995, 26 years ago
Headquarters 47 Motijheel Commercial Area
Dhaka-1000, Bangladesh
Tel: (8802) 47110465, 47115155, 47114795
Ip phone: (880) -9612322100, (880) -9666322100
Fax: (8802) 9561889
SWIFT : DBBLBDDH
Area served Bangladesh & overseas
Key Person 01. Mr. Sayem Ahmed Chairman
02. Mr. Abedur Rashid Khan Nominee Director
03. Ms. Tang Yuen Ha, Ada Nominee Director
04. Mr. Ekramul Haque, FCA Independent Director
05. Mr. Mohammed Salim, FCMA, CPFA Independent Director
06. Mr. Abul Kashem Md. Shirin,Managing Director & CEO,
Director (Ex-officio)
Products Financial services
Services Banking services, ATM services, Internet Banking, Payment Gateway, Mobile Banking, Consumer Banking,  Corporate Banking, Investment Banking
Revenue ৳29.216 billion (US$350 million) (2018)
Operating income ৳7.224 billion (US$86 million) (2018)
Net income ৳4.201 billion (US$50 million) (2018)
Total assets ৳346.469 billion (US$4.1 billion) (2018)
Number of employees 1,661 (2018)
Subsidiaries Rocket Ltd., Parent organization: FMO
Website http://dutchbanglabank.com/

3. Eastern Bank Limited (EBBL)

Eastern Bank Limited known as EBL. It has emerged as one of the most valuable
financial institutions in Bangladesh. It is one of the most leading private commercial banks in Bangladesh. According to the Bank Companies Act of 1991, it was founded in 1992 as BCCI, after that it transformed into Eastern Bank Limited.

Type Public limited company
Industry Banking
Traded as EBL
SWIFT EBLDBDDH
Founded August 8, 1992; 28 years ago, 1992 as BCCI, after that it transformed into Eastern Bank Limited.
Headquarters 100 Gulshan Avenue, D, Dhaka-1212
Bangladesh
Phone: 88 09666777325
Email: [email protected]
Area served Bangladesh & overseas
Key Person MD. SHOWKAT ALI CHOWDHURY
ChairmanM. GHAZIUL HAQUE
DirectorMIR NASIR HOSSAIN
DirectorSALINA ALI
DirectorANIS AHMED
DirectorMUFAKKHARUL ISLAM KHASRU
DirectorGAZI MD. SHAKHAWAT HOSSAIN
DirectorK.J.S BANU
DirectorZARA NAMREEN
DirectorASHIQ IMRAN
Independent DirectorALI REZA IFTEKHAR
Managing Director & CEO
Products Financial services
Services Banking services, ATM services, Internet Banking, Payment Gateway, Mobile Banking, Consumer Banking,  Corporate Banking, Investment Banking
Revenue
Operating income US$180 million (2019)
Net income US$95 million (2019)
Total assets US$4 billion (2019)
Number of employees 3000+
Subsidiaries As of 2018, the group is composed of Eastern Bank Limited, the separate business unit Off-Shore Banking Unit (OBU), and five wholly owned subsidiaries: EBL Securities Limited (stock dealing & brokerage)
EBL Investments Limited (merchant banking operations)
EBL Asset Management Limited (asset management)
EBL Finance (HK) Limited (first foreign subsidiary doing trade finance and off-shore banking business in Hong Kong)
Yangon Representative Office, Myanmar
Guangzhou Representative Office, Mainland China[
Website www.ebl.com.bd

4. BRAC BANK LTD.

BRAC Bank is a private commercial bank in Bangladesh, operated by the BRAC development organisation, focused on Small and Medium Enterprises (SME). The bank has its head office in Dhaka, Bangladesh. It has 187 branches, 18 Premium Banking lounges, 456 SME Unit Offices, 481 agent banking outlets, 375 ATMs, and 96 CDMs.

Type Public limited company
Industry Banking
Traded as BRACBANK
SWIFT BRAKBDDH
Founded 4 July 2001; 19 years ago
Headquarters Anik Tower, 220/B Tejgaon Gulshan Link Road, Tejgaon, Dhaka-1208
Dhaka, Bangladesh
Area served Bangladesh & overseas
Key Person Sir Fazle Hasan Abed KCMG Hasan Mahmud Shojib, Former Chairperson, Board of Directors
Dr. Ahsan H. Mansur, Chairman
Mr. Selim RF Hussain, Managing Director & CEO
Products Financial services
Services Banking services, ATM services, Internet Banking, Payment Gateway, Mobile Banking, Consumer Banking,  Corporate Banking, Investment Banking
Revenue ৳28.727 billion (US$340 million) (2020)
Operating income ৳8.194 billion (US$97 million) (2020)
Net income ৳4.026 billion (US$48 million) (2020)
Total assets ৳456.595 billion (US$5.4 billion) (2020)
Number of employees 7740 (2020)
Subsidiaries BRAC, IFC
Subsidiaries bKash Ltd.
BRAC Saajan Exchange Ltd.
BRAC EPL Investments Ltd.
BRAC EPL Stock Brokerage Ltd.bKash (Mobile banking service) Limited
BRAC IT Services Limited
Website www.bracbank.com

 

5. SONALI BANK LIMITED

Sonali Bank is the largest and leading Nationalized Commercial Bank in Bangladesh, After independence of the country Sonali Bank emerged as the largest and leading Nationalized Commercial Bank by proclamation of the Banks’ Nationalization Order 1972 (Presidential Order-26) liquidating the then National Bank of Pakistan, Premier Bank and Bank of Bhwalpur. As a fully state owned institution, the bank had been discharging its nation-building responsibilities by undertaking government entrusted different socio-economic schemes as well as money market activities of its own volition, covering all spheres of the economy.

The bank has been converted to a Public Limited Company with 100% ownership of the government and started functioning as Sonali Bank Limited from November 15, 2007 taking over all assets, liabilities and business of Sonali Bank. After corporatization, the management of the bank has been given required autonomy to make the bank competitive & to run its business effectively.

Sonali Bank Limited is governed by a Board of Directors consisting of 11 (Eleven) members. The Bank is headed by the CEO & Managing Director, who is a well-known Banker and a reputed professional. The corporate head quarter of the bank is located at Motijheel, Dhaka, Bangladesh, the main commercial center of the capital.

Type Public limited company
Industry Banking
Traded as SBL
SWIFT SONBDDH
Founded 1972; 49 years ago, Date of Incorporation : 03 June, 2007
Headquarters 35-42, 44 Motijheel Commercial Area, Dhaka, Bangladesh
Area served Bangladesh & overseas
Key Person Chairman: Mr. Ziaul Hasan Siddiqui
CEO & Managing Director: Mr. Md. Ataur Rahman Prodhan
Products Financial services
Services Banking services, ATM services, Internet Banking, Payment Gateway, Mobile Banking, Consumer Banking,  Corporate Banking, Investment Banking
Revenue ৳45.61 billion (US$540 million) (2018)
Operating income
Net income ৳2.32 billion (US$27 million) (2018)
Total assets ৳1307.75 billion (US$15 billion)[3] (December 2018)
Number of employees 19,348(01.07.2021 As per Bank website)
Subsidiaries Subsidiaries:

Sonali Exchange Company Incorporated (SECI) having 10 (Ten) branches in USA.
Sonali Investment Limited (Merchant Banking) having 4 (Four) branches at Motijheel, Paltan, Uttara, Mirpur in Dhaka and 1 (One) branch in Khulna, Bangladesh.

Associates:

Sonali Bank (UK) Limited having 2 (Two) branches in UK.
Sonali Polaris FT Limited

Website www.sonalibank.com.bd

 

6. JANATA BANK LIMITED

Janata Bank is the second largest and leading Nationalized Commercial Bank in Bangladesh, Janata Bank Limited, the 2nd largest State Owned Commercial Bank (SCB) in Bangladesh, is playing pivotal role in overall financial activities of the country. The Bank emerged as ‘Janata Bank’ by combining the erstwhile United Bank Limited and Union Bank Limited under the Banks Nationalization Order (President’s Order- 26) of 1972 and was restructured as a limited company in November, 2007. Since inception in 1972 the Bank has commendably contributed to the socio-economic development of Bangladesh and helped structuring solid financial ground of the country as well. Janata Bank runs its business with 912 branches across the country including 4 overseas branches in United Arab Emirates.

Type Public limited company
Industry Banking
Traded as JB
SWIFT JANBBDDH
Founded 21 May 2007,
Headquarters Janata Bhaban, 110, Motijheel Commercial Area Dhaka – 1000, Bangladesh.
Area served Bangladesh & overseas
Key Person Chairperson: Dr. S. M. Mahfuzur Rahman

Managing Director & CEO: Md. Abdus Salam Azad (F.F.)

Products Financial services
Services Banking services, ATM services, Internet Banking, Payment Gateway, Mobile Banking, Consumer Banking,  Corporate Banking, Investment Banking
Revenue 23.32 billion (As of 2016)
Operating income
Net income ৳ BDT 2.61 Billion (2016)
Total assets ৳ BDT 779.6 Billion (2016)
Number of employees 11,463 (As on 31.07.2020)
Subsidiaries Janata Capital & Investment Limited (JCIL) 48, Motijheel Commercial Area, Dhaka-1000
Janata Exchange Co. SRL, Milan Branch, Italy Janata Exchange Co. SRL, Milan Branch, (Via Lodvica Settala 19) 20124 Milan, Italy
Janata Exchange Co. SRL, Rome Branch, Italy Janata Exchange Co. SRL, Rome Branch, Pizza Vittori Emanuele II, 31,00185 Rome, Italy
Janata Exchange Company Inc. USA 37-18,73 rd Street, Suit no 1R 1st floor, Jackson Heights NY – 11372, USA
Website wwww.jb.com.bd, www.janatabank-bd.com

 

7. 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.

Type Public limited company
Industry Banking
Traded as PRIMEBANK
SWIFT PRBLBDDH
Founded 1995, 26 years ago in Dhaka, Bangladesh
Headquarters Adamjee Court Annex Building-2,
119-120, Motijheel C/A, Dhaka-1000
Bangladesh
Area served Bangladesh & overseas
Key Person Chairman : Mr. Tanjil Chowdhury
Managing Director & CEO : Mr. Hassan O. Rashid
Products Financial services
Services Banking services, ATM services, Internet Banking, Payment Gateway, Mobile Banking, Consumer Banking,  Corporate Banking, Investment Banking
Revenue US$272 million (2016)
Operating income
Net income US$27 million (2016)
Total assets US$9.2 billion (2016)
Number of employees 2,867 (2016)
Subsidiaries Prime Bank Investment Limited
Prime Exchange Co. Pte Ltd.,Singapore
PBL Exchange (UK) Limited
PBL Finance (Hong Kong) Limited.
Prime Bank Foundation
Prime Bank Securities Limited
Website www.primebank.com.bd

 

8. BANK ASIA

Bank Asia Limited started its service with a vision to serve people with modern and innovative banking products and services at affordable charge. Being parallel to the cutting edge technology, the Bank is offering online banking with added delivery channels like ATM, Tele-banking, SMS and Online Banking. And as a part of the bank’s commitment to provide all modern and value added banking services, keeping the very best standard in a globalized world. 128 Branches, 3186 Agent Outlets.

Type Public limited company
Industry Banking
Traded as BANKASIA
SWIFT BALBBDDH
Founded 27 November 1999
Headquarters 1. Bank Asia Tower,
32 – 34, Kazi Nazrul Islam Avenue,
Karwan Bazar, Dhaka2. Rangs Tower,
68 Purana Paltan, Dhaka
Area served Bangladesh & overseas
Key Person Chairman: Mr. A. Rouf Chowdhury

Managing Director and CEO: Mr. Md. Arfan Ali

Products Financial services
Services Banking services, ATM services, Internet Banking, Payment Gateway, Mobile Banking, Consumer Banking,  Corporate Banking, Investment Banking
Revenue
Operating income
Net income
Total assets
Number of employees 2376  Employees
Subsidiaries Bank Asia Securities Limited
Website www.bankasia-bd.com

 

9. THE CITY BANK

12 young businessmen way back in 1983 set the wheel in motion of the city bank. They are the founding fathers of this institution. It was the visionary entrepreneurship of 12 young businessmen who braved the immense uncertainties with courage and zeal in order to set up the country’s first private commercial bank in 1983. They are always in our memory and we wholeheartedly pay tribute to the grand step they took toward making history. They are (from left to right) Mr. Monowar Ali, Mr. Ibrahim Mia (Late), Mr. Abdul Hadi (Late), Mr. M.A. Hashem (Late), Mr. Anwar Hossain, Mr. Abdul Barik Choudhury (Late), Mr. Deen Mohammad, Mr. A.B.M. Feroz, Mr. Md. Ali Hossain, Mr. Azizul Haque Chowdhury, Mr. N.A. Chowdhury (Late).City Bank makes the sentence is “making sense of money”. They provided all kind of financial services and i-Banking also included.

 

Type Public limited company
Industry Banking
Traded as CITYBANK
SWIFT CIBLBDDH
Founded March 28, 1983
Headquarters 136 Gulshan Avenue, Circle 2, Gulshan, Dhaka, Bangladesh.
Area served Bangladesh & overseas
Key Person Aziz Al Kaiser (Chairman), Mashrur Arefin (CEO)
Products Financial services
Services Banking services, ATM services, Internet Banking, Payment Gateway, Mobile Banking, Consumer Banking,  Corporate Banking, Investment Banking
Revenue
Operating income
Net income
Total assets
Number of employees 4,356 (2021)
Subsidiaries City Bank Capital Resources Limited

CBL Money Transfer Sdn. Bhd.

City Bank Subsidiary in Hong Kong

Website www.thecitybank.com

10. AGRANI BANK LTD (ABL)

Agrani Bank emerged as a Nationalized Commercial Bank following the Bangladesh Banks (Nationalization) Order 1972 vide President’s Order No. 26 of 1972 under which former Habib Bank Limited and Commerce Bank Limited and renamed as Agrani Bank. The Bank was incorporated as a State-owned Commercial Bank on 17 May 2007 under the Companies Act 1994. On a going concern basis, Agrani Bank Limited took over the business, assets, liabilities, rights and obligations of Agrani Bank through a vendor’s agreement signed on 15 November 2007 between the Ministry of Finance of the People’s Republic of Bangladesh and the Board of Directors of ABL with retrospective effect from 01 July, 2007.

 

Type Public limited company
Industry Banking
Traded as ABL
SWIFT AGBKBDDH000
Founded 26 March 1972
Headquarters 9/D Dilkusha Commercial Area,
Dhaka – 1000, Bangladesh.
Area served Bangladesh & overseas
Key Person Chairman: Dr. Zaid Bakht
Managing Director & CEO : Mohammad Shams-Ul Islam
Products Financial services
Services Banking services, ATM services, Internet Banking, Payment Gateway, Mobile Banking, Consumer Banking,  Corporate Banking, Investment Banking
Revenue
Operating income US$400 million (2019)
Net income
Total assets US$10 billion (2019)
Number of employees 12,051 (2019)
Subsidiaries Agrani Equity & Investment Limited
Website www.agranibank.org