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Scheduled bank of Bangladesh

Total 61 Scheduled Bank of Bangladesh has been operating financial operations in Bangladesh. Those banks are established to meet up the different types of demands of the people of Bangladesh. All Scheduled commercial banks are licensed under the Bank Company Act, 1991 (Amended up to 2013). After the 1980's banking industry of Bangladesh reached significant enlargement with the entrance of private banks. 5 Non-Scheduled Bank has been functioning in Bangladesh to provide specialized service among the people of the country.

Note that, the banking sector of Bangladesh was started with only 6 nationalized banks, 3 state-owned banks and 9 international banks branches. By the half-century, Bangladesh has achieved remarkable growth in the financial sector also domestic growth.

Currently, two types of banks are working in Bangladesh which were formed as per the Bangladesh Bank order one is focusing on conventional banking law and another founded followed Islami Shairah law and ethics. In Addition, 34 Non-bank financial institute operating activities in Bangladesh to accelerate the country's economic growth to become a developed country by 2041 according to the vision of Bangladesh.

Kinds of scheduled Bank of Bangladesh

  1. Private Commercial scheduled Bank
  2. Government Commercial scheduled Bank

Private Commercial scheduled Bank of Bangladesh

At Present total of 43 private commercial scheduled banks in Bangladesh are in operation under the supervision of Bangladesh bank. These Banks are registered with a capital market of Bangladesh (Stock Market of Bangladesh). That means there is a public limited company. They are majorly owned by private entities and classified into two types.

In total 33 conventional private commercial scheduled banks of Bangladesh are now operating in the industry. They perform the banking functions in conventional fashion like interest-based operations and trading. Here we mentioned the list of commercial Banks below:

  1. AB Bank Limited
  2. BRAC Bank Limited
  3. Bank Asia Limited
  4. City Bank Limited
  5. Dhaka Bank Limited
  6. Dutch-Bangla Bank Limited
  7. Eastern Bank Limited
  8. IFIC Bank Limited
  9. Pubali Bank Limited
  10. National Bank Limited
  11. Southeast Bank Limited
  12. Trust Bank Limited
  13. Mercantile Bank Limited
  14. Mutual Trust Bank Limited
  15. One Bank Limited
  16. United Commercial Bank Ltd
  17. Uttara Bank Limited
  18. Bangladesh Commerce Bank Limited
  19. Citizens Bank PLC
  20. Community Bank Bangladesh Limited
  21. Jamuna Bank Limited
  22. Meghna Bank Limited
  23. Midland Bank Limited
  24. Modhumoti Bank Limited
  25. National Credit & Commerce Bank Limited
  26. NRB Bank Limited
  27. NRB Commercial Bank Ltd
  28. Padma Bank Limited
  29. Premier Bank Limited
  30. Prime Bank Limited
  31. Shimanto Bank Ltd
  32. South Bangla Agriculture and Commerce Bank Limited
  33. Bengal Commercial Bank Ltd

Islami Shariah-based private commercial scheduled bank of Bangladesh

There is 10 Islami Shariah-based private commercial scheduled bank of Bangladesh. Islami banks have operated the banking services and activities according to Islami Shariah-based principles and law. All other services of Islami as like conventional banking. They also provide various types of savings schemes and loan schemes for entrepreneurs. Here is given the list of Islamic banks of Bangladesh.

  1. Islami Bank Bangladesh Limited
  2. Shahjalal Islami Bank Limited
  3. Social Islami Bank Limited
  4. Al-Arafah Islami Bank Limited
  5. EXIM Bank Limited
  6. First Security Islami Bank Limited
  7. ICB Islamic Bank Limited
  8. Union Bank Ltd
  9. Standard Bank Limited
  10. Global Islamic Bank Ltd (former NRB Global Bank)

States owned Scheduled Bank of Bangladesh

The government of Bangladesh has 06(six) commercial Bank which also called as state-owned bank. Those banks have started the journey after the liberation of Bangladesh to meet up the demand of Bangladeshi and reform the economy of Bangladesh. From the begging, these banks have been playing a significant role to build Bangladesh. These Banks has provided banking service with minimum charge or fee. This also working to bring villagers in the banking system for financial actives, they encouraging those whose not aware of banking benefits and financial security. Here given the details about state-owned commercial banks of the Bangladesh Government (SOCBs).

  1. Agrani Bank Limited
  2. Sonali Bank Limited
  3. Janata Bank Limited
  4. Rupali Bank Limited
  5. BASIC Bank Limited
  6. Bangladesh Development Bank

Bangladesh has 3 (Three) Specialized state-owned banks.  Specialized Bank has been established to provide exclusive services for Agriculture and industrialized development in the country. These specialized banks provide various types of loan services in the easiest way. This bank has provided subsidiary services for the poor and landless citizens of the country. Here is given the list of specialized banks:

  1. Bangladesh Krishi Bank
  2. Rajshahi Krishi Unnayan Bank
  3. Probashi Kollyan Bank

Foreign Commercial Bank in Bangladesh:

9 (Nine) Foreign Commercial Bank has been operating services in Bangladesh. These 9 Foreign Commercial Bank are operating in Bangladesh as the branches of the banks which are incorporated abroad, but they maintain the policy of Bangladesh bank and International money regulator.

  1. Standard Chartered Bank (United Kingdom)
  2. HSBC (Hong Kong)
  3. Commercial Bank of Ceylon PLC (Sri Lanka)
  4. Bank Al-Falah Limited (United Arab Emirates)
  5. Citibank N.A (United States of America)
  6. State Bank of India (India)
  7. Woori Bank (South Korea)
  8. Habib Bank Limited (Pakistan)
  9. National Bank of Pakistan (Pakistan)

 

Services of the scheduled bank of Bangladesh:

Corporate Banking Services: scheduled bank is working to organize idle money from the market and invest that fund in the industrial sector to accelerate economy of the country.

SME Banking Service: Commercial Bank plays a vigorous role to develop the country’s small and medium enterprise to accelerate the economic growth of the Bangladesh. The Bank has designed training program and invests money in prospective small entrepreneur.

Retail banking services: Scheduled Bank of Bangladesh vastly provides retail banking services for individual peoples for collecting fast and engaging citizen with the mainstream economy of the country.

Non-Scheduled Bank of Bangladesh are given below

Non-scheduled banks are licensed only for specific functions and objectives, and do not offer the same range of services as scheduled banks. There are now 5 non-scheduled banks in Bangladesh.

  1. Ansar VDP Unnayan Bank
  2. Karmashangosthan Bank
  3. Grameen Bank
  4. Jubilee Bank
  5. Palli Sanchay Bank

Title Scheduled bank of Bangladesh
Address Dhaka, Bangladesh
Phone
Fax
Mobail 88029530492
Email [email protected]
Post Code 1000
Reg Code
Swift Code
License
TIN
BIN
Establishment Year 1972
Category Government
Sector Finance Govt
Service Type Bank & Insurance
Area Farmgate
Upazila/Thana Tejgaon
Division Dhaka
District Dhaka
Country Bangladesh
Membership
Legal Status Government

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