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In April 2024, the central bank of Bangladesh issued banking merger policy for merger of weak banks with strong banks – both voluntary and mandatory. [2] Following merger process are ongoing: [3] Padma Bank Limited merged with EXIM Bank PLC; National Bank Limited did not merge with United Commercial Bank PLC; BASIC Bank PLC merged with City ...
Global Finance, a reputed US-based quarterly magazine, awarded IBBPLC as the best bank of Bangladesh for the Year 1999, 2000, [8] ... December 18, 2024, in ...
In 2015, the bank became one of two local partners of Life Insurance Corporation of India in Bangladesh. [10] The Daily Star 15th Bangladesh Business Awards described the bank as "one of the best-run banks in Bangladesh". [11] Anis A Khan was re-appointed managing director of Mutual Trust Bank Limited in 2015 for a four year term. [8]
The Bank opened a merchant banking wing in 2009. [8] In 2020, the consolidated net profit for the bank was 650 million taka. [9] On 2 August 2022, Trust Bank held its the 23rd Annual General Meeting online chaired by the vice-chairman of the bank, Major General Md Moshfequr Rahman. [10] The meeting approved a 22.5 dividend for the year. [10]
Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance, specialized community development bank founded in Bangladesh. [5] [6] It provides small loans (known as microcredit or "grameencredit") [7] to the impoverished without requiring collateral. Grameen Bank is a statutory public authority.
Best Retail Bank – Bangladesh – Retail Banker Asia Trailblazer Awards 2022 [30] Best New Islamic Banking Window - Bangladesh – Global Brands Banking & Finance Awards 2022 [31] Best Islamic SME Bank in Bangladesh – The Asset Triple A Islamic Finance Awards 2022 [32] Best CSR Bank in Bangladesh – Asiamoney Best Bank Awards 2022 [33]
The Premier Bank PLC. is a private commercial bank with its registered office in Banani, Dhaka, Bangladesh. [7] [8] H. B. M. Iqbal is the Chairman [9] Mohammad Abu Jafar has taken up the role of managing director and CEO of Premier Bank with effect from 24 April 2024.
The latest is the 51th branch of BDBL in Chitalmari Branch, Bagerhat. The bank's new branch, Amin Tower, 1st Floor, Upozilla Road, Chitalmari, Bagerhat, the 51th branch of Bangladesh Development Bank PLC (BDBL), was inaugurated in Chitalmari, Bagerhat on 16-01-2025.[1] Bangladesh Development Bank PLC (BDBL) operates its banking operations online.