JAGANNATH UNIVERSITY

DEPARTMENT OF FINANCE
BBA 2nd YEAR 1st SEMESTER

COURSE NAME: COMMERCIAL BANK MANAGEMENT

COURSE CODE: FIN-2102

ASSIGNMENT: THE LIST OF BANKS IN BANGLADESH

SUBMITTED BY:

NAME: SHAKIL AHMED

ID: B190203042

DEPARTMENT OF FINANCE

JAGANNATH UNIVERSITY

SUBMITTED TO:

SK. ALAMGIR HOSSAIN

ASSISTANT PROFESSOR

DEPARTMENT OF FINANCE

JAGANNATH UNIVERSITY
 The List of Banks in Bangladesh
After the independence, banking industry in Bangladesh started its journey with 6
nationalized commercialized banks, 3 State owned specialized banks and 9 Foreign
Banks. In the 1980's banking industry achieved significant expansion with the
entrance of private banks. Now, banks in Bangladesh are primarily of two types:

1. Scheduled Banks

2. Non-Scheduled Banks

1. Scheduled Banks
Scheduled banks are licensed under the Bank Company Act, 1991 (Amended up to
2013). Currently, there are 61 scheduled banks in Bangladesh. There are two types
of Scheduled Bank:

(a) Conventional Banks

There are four types of conventional Banks:

(i) State-owned commercial banks (SOCBs): There are 6 state-owned

commercial banks (SOCBs) that are fully or majorly owned by the Government of
Bangladesh.

SL. BANK NAME GENERATION ESTABLISHMENT HEAD OFFICE

YEAR
01. Agrani Bank First Generation Agrani Bank Limited 9D, Dilkusha C/A,
Limited was established on 26 Motijheel, Dhaka
March 1972 by 1000
combining two
abandoned Pakistani
banks Commerce Bank
and Habib Bank. The
Bank is fully owned by
the Government of
Bangladesh
02. Sonali Bank First Generation Sonali Bank was 35-42,44 Motijheel
Limited established in 1972 Commercial
under the Bangladesh Area,Dhaka-1000,
 Banks (Nationalisation) Bangladesh
Order, through the
amalgamation and
nationalisation of the
branches of National
Bank of Pakistan, Bank
of Bahawalpur and
Premier Bank branches
located in East Pakistan
until the 1971
Bangladesh Liberation
War
03. Janata Bank First Generation Janata Bank Limited 29, Dilkusha
Limited was formed combining Commercial Area,
the then United Bank Dhaka-1000.
Limited and Union Bangladesh
Bank Limited under the
Bank Nationalization
Ordinance of 1972
04. Rupali Bank First Generation Muslim Commercial 34, Dilkusha
Limited Bank Limited, Commercial Area,
Australasia Bank Dhaka-1000,
Limited and Standard Bangladesh
Bank Limited which
operated in the then
East Pakistan on March
26, 1972, under the
Bangladesh Banks
(Nationalization) Order
1972. Rupali Bank
worked as a
nationalized commercial
bank till December 13,
1986
05. BASIC Bank First Generation BASIC Bank Limited is Sena Kalyan
Limited a fully government Bhaban (5th
owned bank in Floor)195 Motijheel
Bangladesh which was C/A, Dhaka-1000
founded on 2 August
1988. The bank was
 founded to finance
small enterprises.
06. Bangladesh Third Bangladesh BDBL Bhaban, 8
Development Bank Generation Development Bank was Rajuk Avenue,
Limited established on 16 Dhaka 1000,
November 2009 as a Bangladesh.
Public Limited
Company by merging
the state-owned
Bangladesh Shilpa Bank
with the Bangladesh
Shilpa Rin Sangstha

(ii) Specialized Bank: Three specialized banks are now operating which were
established for specific objectives like agricultural or industrial development.
These banks are also fully or majorly owned by the Government of Bangladesh.

SL. BANK NAME GENERATION ESTABLISHMENT HEAD OFFICE

YEAR
01. Bangladesh Krishi First Generation Bangladesh Krishi Bank Krishi Bank
Bank is a fully government Bhaban, 83-85
owned bank in Motijheel
Bangladesh founded in Commercial Area
1973. Dhaka - 1000,
Bangladesh
02. Rajshahi Krishi First Generation Established by the Kazihata, Rajshahi
Unnayan Bank President's Ordinance 6000, Bangladesh
No. 58 of 1986, the
bank started functioning
on 15 March 1987.
03. Probashi Kallayan Third The Bank was started in 71, প্রবাসী কল্যাণ
Bank Generation 2010 by the ভবন, Old Elephant
Government of Rd, Dhaka 1000
Bangladesh to provide
financial services to
oversea Bangladeshis.
 (iii) Private commercial banks (PCBs): There are a total of thirty three private
commercial banks in operation right now.

SL. BANK NAME GENERATIO ESTABLISHMENT HEAD OFFICE

N YEAR
01. AB Bank Limited First Generation AB Bank was BCIC Bhaban, 30-
established on 31 31 Dilkusha C/A,
December 1981. This Dhaka 1000,
was the first joint Bangladesh.
venture private bank in
Bangladesh. On 14
November 2007
Bangladesh bank
approved the name
change to AB Bank
from Arab Bangladesh
Bank
02 City Bank Limited First generation 28 March 1983. City Bank Center,
136, Gulshan
Avenue, Gulshan-2,
Dhaka-1212,
Bangladesh
03. IFIC Bank Limited First generation 1976 BSB Building (8th -
10th & 16th – 19th
Floor), 8, Rajuk
Avenue G.P.O. Box
– 2229, Dhaka-1000
Bangladesh
04. Pubali Bank First generation It was started in the 26, Dilkush
Limited name Eastern Commercial Area,
Mercantile Bank Dhaka-1000.
Limited in 1959 and
was denationalized in
1983.
05. National Bank First generation 28 March 1983 18 Dilkusha
Limited Commercial Area,
Dhaka-1000,
Bangladesh
06. National Credit and First generation 1985 7-8, Motijheel
Commerce Bank Commercial Area,
 Limited Dhaka - 1000,
Bangladesh
07. United Commercial First generation 1983 Bulus Center, Plot -
Bank Limited CWS- (A)-1,Road
No – 34 Gulshan
Avenue, Dhaka-
1212, Bangladesh
08. Uttara Bank First generation Started on 28th January Uttara Bank Bhaban
Limited of 1965 in name of 47, Bir Uttom
“Eastern Banking Shahid Ashfaq-us-
Corporation” and was samad Road, 90
privatized in June, 1983 Motijheel
Commercial
Area,P.O. Box No.
217 & 818,Dhaka-
1000, Bangladesh.
09. Bangladesh Second Bangladesh Commerce Taranga Complex,
Commerce Bank Generation Bank Limited was 19 Rajuk Avenue
Limited incorporated on 1 June Motijheel, Dhaka
1998. 1000 Bangladesh
10. Bank Asia Limited Second Bank Asia Limited was Tea Board Building
Generation established as a private (1st Floor), 111-
commercial bank on 28 113, Motijheel C/A,
September 1999. Dhaka-1000.

11. Dhaka Bank Second 05 july, 1995 Biman Bhaban (1st

Limited Generation Floor) 100,
Motijheel C/A,
Dhaka -
1000,Bangladesh
12. Eastern Bank Second 1992 Jiban Bima Bhaban,
Limited Generation 10,

Dilkusha C/A,
Dhaka Bangladesh
13. Mercantile Bank Second 02 June 1999 61, Dilkusha
Limited Generation Commercial Area,
Dhaka-1000,
Bangladesh
14. Mutual Trust Bank Second 29 September 1999 MTB Centre, 26
Limited Generation Gulshan Avenue,
Gulshan 1,Dhaka,
Bangladesh, 1212
15. ONE Bank Limited Second May 1999 HRC Bhaban, 46,
Generation Kawran Bazar C/A,
Dhaka-1215,
Bangladesh
16. The Premier Bank Second 10 June 1999 "Iqbql Centre" 3rd
Limited Generation Floor, 42 Kemal
Ataturk Avenue,
Banani, Dhaka-
1213, Bangladesh
17. Southeast Bank Second 1995 Eunoos Trade
Limited Generation Center, 52-53,
Dilkusha, C/A,
Dhaka - 1000,
Bangladesh
18. Trust Bank Limited Second 1999 Shadhinata Tower,
Generation Bir Srestha Shaheed
Jahangir Gate,
Dhaka Cantonment,
Dhaka-1206
19. Prime Bank Second 1995 Adamjee Court
Limited Generation Annex Building-2,,
119-120, Motijheel
C/A, Dhaka-1000
Bangladesh
20. BRAC Bank Third 2001 1 Gulshan avenue,
Limited Generation Gulshan, Dhaka
1212
21. Dutch-Bangla Third 2002 Sena Kalyan
Bank Limited Generation Bhaban,195,
Motijheel C/A.
Dhaka, Bangladesh
22. Jamuna Bank Third 03 June 2001 2, Hadi Mansion,
Limited Generation Dilkusha C/A,
Dhaka 1000
23. Bengal Fourth 23 February 2020. Taranga Complex,
 Commercial Bank Generation 19 Rajuk Avenue,
Limited Motijheel, Dhaka
1000, Bangladesh
24. Community Bank Fourth 2019 144, Police Plaza
Bangladesh Generation Concord (Level 10,
Limited Tower, 2), Plot 02,
Dhaka, 1212
25. Meghna Bank Fourth 09 May 2013 Doreen Tower
Limited Generation (Level 07 & 08),6-
A, North Avenue-
C/A, Gulshan-2,
Dhaka-1212,
Bangladesh
26. Midland Bank Fourth 20 March 2013 N. B. Tower 40/7
Limited Generation North Avenue
Gulshan-2, Dhaka-
1212, Bangladesh
27. Modhumoti Bank Fourth 2013 Khandker Tower,
Limited Generation 94, Gulshan
Avenue, Gulshan-1,
Dhaka 1212
28. NRB Bank Limited Fourth 04 August, 2013 Richmond Concord
Generation (7th Floor),68
Gulshan Avenue,
Gulshan Circle
-01,Dhaka-
1212,Bangladesh
29. NRB Commercial Fourth 02 April, 2013 114-Motijheel C/A,
Bank Limited Generation Dhaka-1000.
30. Padma Bank Fourth 29 January 2019 Lotus kamal Tower
Limited Generation - 2 (Level - 3) 59-
61, Gulshan South
Avenue, Gulshan -
1, Dhaka - 1212,
Bangladesh.
31. Shimanto Bank Fourth Licensed on 21 July Shimanto Shamvar
Limited Generation 2016. Inaugurate the (Level-7), Bir
bank on September 1, Uttam M. A. Rob
2016 Sarak (Road No. 2),
 Shimanto Square,
Dhanmondi Dhaka-
1205, Bangladesh
32. South Bangla Fourth 2013 BSC Tower, (5th -
Agriculture & Generation 16th Floor) 2-3
Commerce Bank Rajuk Avenue,
Limited Motijheel, Dhaka-
1000
33. Citizens Bank PLC Fourth 2020 Chini Shilpa
Generation Bhaban-2, 76
Motijheel C/A,
Dhaka-1000.

(iv) Foreign commercial banks (FCBs): In total 9 FCBs are operating in

Bangladesh as the branches of the banks which are incorporated in abroad.

SL. BANK NAME GENERATIO ESTABLISHMENT HEAD OFFICE

N YEAR
01. Standard Chartered First Generation It is a British 67 Gulshan Avenue,
Bank multinational Banking Dhaka 1212,
Company. Its first Bangladesh
02. State Bank of India First Generation 5th May 1975 starts its UDAY Tower, 57 &
operation in 57A Gulshan
independent Avenue, Circle-1,
Bangladesh. (Founded Dhaka 1212
in 1806)
03. The Hong Kong First Generation First branch in Level 4, Shanta
and Shanghai Bangladesh in 1996. Western Tower 186
Banking (Established in China in Bir Uttam Mir
Corporation. Ltd March 1865.) Shawkat Ali Road,
Tejgaon Industrial
Area, Dhaka 1208
04. National Bank of First Generation 1949 80 Gulshan Avenue
Pakistan (1st Floor) Gulshan-
1, Dhaka-1212,
Bangladesh
05. Woori Bank First Generation 21 September 1996 this Suvastu Imam
Korean bank Square, 65 Gulshan
 commenced its Avenue, Dhaka
operation 1212, Bangladesh
06. City Bank NA First Generation 1987. (Established on 109 Gulshan
June 16, 1812 in New Avenue, Dhaka
York) 1212, Bangladesh
07. Habib Bank First Generation August 25, 1940, First South Avenue
Limited branch in Bangladesh in Tower, 7 Gulshan
1976 Avenue, (1st floor)
Gulshan –1, Dhaka
– 1212.Bangladesh
08. Bank Al-Falah Second 01 November 1997(In 5, Rajuk Avenue,
Limited Generation 1947 commenced in Motijheel CA,
Pakistan Dhaka, Bangladesh
09. Commercial Bank Third In 2003 its started Hadi Tower, Kemal
of Ceylon Limited Generation journey in Bangladesh. Ataturk Avenue,
(Established in Sri Dhaka 1212
Lanka in 1920)

(b) Non Conventional Banks

Islami Shariah Based PCBs: There are 10 Islami Shariah-based PCBs in
Bangladesh and they execute banking activities according to Islami Shariah-based
principles and Profit-Loss Sharing (PLS) mode .

SL. BANK NAME GENERATION ESTABLISHMENT HEAD OFFICE

YEAR
01. Islami Bank First Generation 13 March 1983 Islami Bank Tower,
Bangladesh 40, Dilkusha
Limited Commercial Area,
Dhaka - 1000,
Bangladesh
02. ICB Islamic Bank First Generation April 1987 T.K. Bhaban (15th
Limited floor), 13 Kazi
Nazrul Islam
Avenue Kawran
Bazar, Dhaka
-1215, Bangladesh
03. Export Import Second 1999 "SYMPHONY"
Bank of Generation Plot # SE (F): 9,
Bangladesh Road # 142,
 Limited Gulshan Avenue,
Dhaka- 1212
04. Social Islami Bank Second 1995 City Center (28th
Ltd. Generation floor), 90/1,
Motijheel C/A,
Dhaka -1000.
05. First Security Second 29 August 1999 Block: SE (F),
Islami Bank Generation Plot:03, Gulshan
Limited Avenue, Gulshan-1,
Dhaka:1212,
Bangladesh
06. Al-Arafah Islami Second 18 June 1995 36, Dilkusha(6-9
Bank Limited Generation Floor) C/A Dhaka-
1000, Bangladesh.
07. Standard Bank Second 11 May 1999 Metropolitan
Limited Generation Chamber Building
(3rd Floor) 122-124
Motijheel C/A,
Dhaka-1000,
Bangladesh
08. Shahjalal Islami Third 10 May 2001 Shahjalal Islami
Bank Limited Generation Bank Tower, Plot-
04, Block-CWN(C),
Gulshan Avenue,
Dhaka 1212
09. Union Bank Fourth 2013 Bahela Tower,
Limited Generation Gulshan Ave,
Dhaka 1212
10. Global Islami Bank Fourth 25 July 2013 Saiham Tower,
Limited Generation House No: 34, Road
No: 136 Gulshan
model town, Dhaka,
1212
 2. Non Scheduled Banks
There are now 5 non-scheduled banks in Bangladesh.

(a) Ansar VDP Unnayan Bank

(b) Grameen Bank

(c) Jubilee Bank

(d) Karmashangosthan Bank

(e) Palli Sanchay Bank