The professional banking system dominates Bangladesh’s financial sector. Bangladesh Bank (BB) is the Central Bank of Bangladesh and the main regulatory authority in the industry. The banking method includes of four Nationalized Commercial Banks, five government owned specialized banks, around thirty domestic private banks, nine foreign banks and twenty nine non-bank financial institutions. The Nobel-prize winning Grameen Bank is a specialized micro-finance institution, which revolutionized the concept of micro-credit and contributed greatly towards poverty reduction and the empowerment of women in Bangladesh. But may be considered part of the general banking sector of Bangladesh. The financial system also holds insurance companies, stock exchanges and co-operative banks.
Here the list of Banks in Bangladesh
Central Bank:
Bangladesh Bank is the Central Bank of Bangladesh and the chief regulatory authority in the baking sector. Bangladesh Bank (BB) has legal authority to monitor and control all banks and non-bank financial organizations. It works the traditional central banking roles of note issuance and of being the banker to the government and banks. Its prime jobs include issuing of currency, maintaining foreign exchange reserve and providing transaction facilities of all public monetary matters. BB is also responsible for planning the government’s monetary policy and implementing it thereby. It also has the delegated authority of issuing policy directives regarding the foreign exchange regime. Bangladesh Bank head office in Dhaka, it has nine more branches, of which two in Dhaka and one each in Chittagong, Rajshahi, Khulna, Bogra, Sylhet, Rangpur and Barisal.
Bangladesh Bank
Bangladesh Bank |
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State-owned Commercial Banks
The banking system of Bangladesh is dominated by the 4 Nationalized Commercial Banks , which together controlled more than 54% of deposits and operated 3388 branches (54% of the total) as of December 31, 2004. The nationalized commercial banks information are given below:
Sonali Bank Limited
Sonali Bank Limited |
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Agrani Bank Limited
Agrani Bank Limited |
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Your ads will be inserted here by Easy AdSense. Please go to the plugin admin page to paste your ad code. Rupali Bank Limited 
Rupali Bank Limited |
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Janata Bank Limited 
Janata Bank Limited
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Private Commercial Banks in Bangladesh
Private Commercial banks are the highest growth sector due to the dismal activities of government banks (above). They tend to offer better service and products. Private Commercial banks logged as high as 90 percent growth in their running profit last year, riding on a boom in stock market and an upward trend in external business. Most banks marked a rise in profit, ranging from 50 percent to 90 percent, and a few posted more than Tk 1,000 crore profit. Here the list of Private Commercial Banks in Bangladesh
