Exploring the Top 10 Banks in Bangladesh

Bangladesh’s banking sector plays a critical role in the country’s economic development, offering various financial services to individuals, businesses, and government entities. Here, we explore the top 10 banks in Bangladesh, detailing their services, company information, and contact details.

1. Sonali Bank Limited

Company Details:
Sonali Bank Limited is the largest state-owned commercial bank in Bangladesh, established in 1972. It offers a wide range of financial services including corporate banking, retail banking, and international banking.

Services:

  • Corporate banking
  • Retail banking
  • International trade services
  • Loan and credit facilities

Contact Information:

2. Islami Bank Bangladesh Limited

Company Details:
Islami Bank Bangladesh Limited (IBBL) is the largest private sector bank in Bangladesh and the pioneer of Islamic banking in the country. It was founded in 1983 and operates based on Shariah principles.

Services:

  • Islamic banking
  • Retail banking
  • Corporate banking
  • Investment services

Contact Information:

3. Agrani Bank Limited

Company Details:
Agrani Bank Limited is a state-owned commercial bank, established in 1972. It provides comprehensive banking services to individuals and businesses, focusing on rural development and agricultural financing.

Services:

  • Corporate banking
  • Retail banking
  • SME banking
  • Agricultural loans

Contact Information:

4. BRAC Bank Limited

Company Details:
BRAC Bank Limited is a leading private commercial bank in Bangladesh, established in 2001. It focuses on small and medium-sized enterprises (SMEs) and offers a wide range of banking products and services.

Services:

  • SME banking
  • Retail banking
  • Corporate banking
  • Cards and loans

Contact Information:

5. Dutch-Bangla Bank Limited

Company Details:
Dutch-Bangla Bank Limited (DBBL) is a prominent private commercial bank, known for its innovative banking solutions and extensive ATM network. It was established in 1995.

Services:

  • Retail banking
  • Corporate banking
  • Mobile banking
  • E-commerce services

Contact Information:

  • Address: Sena Kalyan Bhaban, 195 Motijheel C/A, Dhaka-1000, Bangladesh
  • Phone: +88-02-9566153
  • Email: info@dbbl.com.bd
  • Website: dbbl.com.bd

6. Janata Bank Limited

Company Details:
Janata Bank Limited is one of the largest state-owned commercial banks in Bangladesh, founded in 1972. It offers a comprehensive range of banking services to its customers.

Services:

  • Corporate banking
  • Retail banking
  • International banking
  • SME financing

Contact Information:

7. Eastern Bank Limited

Company Details:
Eastern Bank Limited (EBL) is a leading private sector bank in Bangladesh, established in 1992. It offers a wide range of financial services with a focus on retail and corporate banking.

Services:

  • Retail banking
  • Corporate banking
  • SME banking
  • Cards and loans

Contact Information:

  • Address: Jiban Bima Bhaban, 10 Dilkusha C/A, Dhaka-1000, Bangladesh
  • Phone: +88-02-9556360
  • Email: info@ebl-bd.com
  • Website: ebl.com.bd

8. Pubali Bank Limited

Company Details:
Pubali Bank Limited is one of the oldest and largest private commercial banks in Bangladesh, established in 1959. It provides a wide range of banking products and services.

Services:

  • Retail banking
  • Corporate banking
  • SME banking
  • Agricultural loans

Contact Information:

9. Standard Chartered Bank Bangladesh

Company Details:
Standard Chartered Bank Bangladesh is a subsidiary of the British multinational banking and financial services company, Standard Chartered. It has been operating in Bangladesh since 1948.

Services:

  • Retail banking
  • Corporate banking
  • Wealth management
  • Trade finance

Contact Information:

  • Address: 67 Gulshan Avenue, Dhaka-1212, Bangladesh
  • Phone: +88-02-8833003
  • Email: info@sc.com
  • Website: sc.com/bd

10. Mutual Trust Bank Limited

Company Details:
Mutual Trust Bank Limited (MTB) is a leading private commercial bank, established in 1999. It offers a range of banking services tailored to meet the needs of its diverse clientele.

Services:

  • Retail banking
  • Corporate banking
  • SME banking
  • Cards and loans

Contact Information:


Frequently Asked Questions (FAQ)

1. How do I open a bank account in Bangladesh?

To open a bank account in Bangladesh, you typically need to visit a branch of the bank with identification documents (such as a national ID or passport), proof of address, and a recent photograph. Specific requirements may vary by bank.

2. What types of accounts do these banks offer?

Most banks in Bangladesh offer a variety of accounts including savings accounts, current accounts, fixed deposit accounts, and foreign currency accounts.

3. Can foreigners open bank accounts in Bangladesh?

Yes, foreigners can open bank accounts in Bangladesh, but the process may require additional documentation such as a valid visa, work permit, and proof of residence.

4. Are online banking services available in Bangladesh?

Yes, many banks in Bangladesh offer online banking services, allowing customers to perform transactions, check account balances, and access other banking services via the internet.

5. What is the best bank for expats in Bangladesh?

Standard Chartered Bank Bangladesh and HSBC Bangladesh are popular choices among expats due to their international presence and comprehensive range of services tailored to expatriates.

6. How can I contact customer service for these banks?

Customer service can be contacted through the phone numbers and email addresses provided for each bank. Additionally, visiting the bank’s official website often provides further contact options, including live chat and contact forms.

These top 10 banks in Bangladesh provide a wide range of services to cater to the financial needs of individuals, businesses, and government entities, contributing significantly to the country’s economic growth.

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