Best bank in Bangladesh
All banks in Bangladesh fall under supervision of the Bangladesh Bank, the central bank of the country. Bangladesh bank established in 1971. Bangladesh bank is responsible for managing price stability in the country, gold reserve and foreign currency.
The country is experiencing strong and stable economic growth. The strong private investment and growth of private consumption are positively responsible for this.
HSBC was established in 1996 and in present this is one of the major banks in Bangladesh. It provides various financial products and services such as commercial and consumer banking, custody, trade services, clearing and global liquidity and cash management. The treasury and capital markets business of the HSBC group is one of the largest in the world.
Net income: BDT 3.34 billion (2017)
Revenue: BDT 8.75 billion (2017)
Total assets: BDT 140.81 billion (2017)
Eastern bank is a private commercial bank established in 1992. The headquarter of this bank is in Dhaka. Its shares are listed in dhaka stock exchange and Chittagong stock exchange. The bank provides services including retail banking, asset management, corporate finance, equality brokerage and security.
Net income: USD 95 million
Revenue: USD 180 million
Total assets: USD 4 billion
Dutch Bangla bank limited or DBBL established in 1995. Among banks Dutch-Bangla bank is the largest donor to social causes in Bangladesh. It stands to give most innovative and affordable banking products to Bangladesh. It also operates branches in the UK.
Net income: BDT 2.46 billion
Revenue: BDT 18.51 billion
Total assets: BDT 311.91 billion
Brac bank is a prestigious private commercial bank operated by brac development organization. It focused on small and medium enterprise. Brac bank was founded in 2001. It has 186 branches all over the country and 50 agent banking outlets. The SWIFT code of this bank is BRAKBDDH.
Net income: BDT 5.67 billion
Revenue: BDT 9.39 billion
Total assets: BDT 358 billion
Sonali bank is the largest state-owned commercial bank in Bangladesh. It was founded in 1972. It is also leading the Nationalized Commercial Bank by proclamation of the Banks’ Nationalization order of 1972. It provides various banking products such as investments banking, investment management, finance and insurance, consumer and corporate banking.
Net income: BDT 1.49 billion
Revenue: BDT 23.83 billion
Total assets: BDT 1.2 trillion
Islami Bank Bangladesh Limited
Islami Bank Bangladesh Limited or IBBL was established in 1983. It is the first Islamic bank in southeast asia that provides commercial banking services that are based on Islamic Sharia law. It established the largest branch network among the private sectors in the country. It is listed with Chittagong stock exchange limited and Dhaka stock exchange limited.
Net income: BDT 4.48 billion
Revenue: BDT 32.03 billion
Total assets: BDT 797.93 billion
It is the oldest and largest international bank in Bangladesh established in 1972. Standard Chartered Bank is a first bank that extends credit lines to the country. The head office of this bank is in London. They are developing their facilities all over the world. The bank provides the full range of products and services such as treasury, retail banking and foreign currency exchange.
Net income: USD 751 million
Revenue: USD 14.75 billion
Total assets: USD 789 billion
Grameen bank is a largest microfinance organization and community development bank that provides small loans and micro-credits to improvise individuals. Professor Muhammad Yunus operates this bank and it was his research project of credit delivery system that aims to provides banking to the poor in he rural areas. For his innovatives thoughts and work, in 2006 Yunus and Grameen bank were awarded the nobel prize.
Net income: BDT 1.39 billion
Revenue: BDT 16.94 billion
Total assets: BDT 229.36 billion
Janata Bank limited or JBL is the second largest state-owned commercial bank in the country. Janata bank was established in 1972 and after that it started its journey with the slogan “ Janata bank, your bank”. It has 844 branches all over the country and 4 branches in the United Arab Emirates. It provides services such as banking, corporate banking, consumer banking and investment banking.
Net income: BDT 27 million
Revenue: BDT 272 million
Total assets: BDT 9.2 billion
Prime bank is a private commercial bank established in 1995. The bank is traded in the Dhaka stock exchange and Chittagong stock exchange.Prime is the title sponsor of the Bangladesh premier league cricket tournament in 2013. Prime bank also started their services based on Islamic sharia law. Operation of Islamic branches are coordinated by Islamic Banking Division at Head Office and supervised by Prime bank sharia supervisory committee.
Net income: BDT 27 million
Revenue: BDT 272 million
Total assets: BDT 9.2 billion
Pubali bank is a popular private commercial bank in Bangladesh founded in 1969. After the freedom of Bangladesh this bank was nationalized. It has more branches than any other banks in the country. The present chairman of the bank is Habibur Rahman. They provide their services over 32 districts in Bangladesh.
Net income: BDT 3.63 billion
Revenue: BDT 17.71 billion
Total assets: BDT 410.23 billion
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