The Best Banks in Bangladesh

Unhappy with your bank but not sure what's better? Here's exactly what you should be looking for. Settling on a banking choice largely depends on your needs as a consumer, which is why we've identified the best in a variety of categories. Go through the list and make your own choice.

The Best Banks in Bangladesh


List of Banks


HSBC Bank

HSBC is one of the world's largest banking and financial services organisations. They serve more than 45 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. Their network covers 71 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.
HSBC opened its first branch in Bangladesh in 1996. It offers a range of financial services in Bangladesh including commercial banking, consumer banking, payments and cash management, trade services, treasury, and custody and clearing.

Standard Chartered Bank

They are the oldest and largest foreign bank in Bangladesh. Only bank that never closed its doors over 110 years of banking operation. First international bank to extend credit lines to Bangladesh and open the first external letter of credit (LC) in Bangladesh in 1972. Today, Standard Chartered Bank is the largest international bank in Bangladesh with 26 Branches & Booths and 83 ATMs; employing over 2,000 people. They are the only foreign bank in the country with presence in 6 cities - Dhaka, Chittagong, Khulna, Sylhet, Bogra and Narayanganj; including the country's only offshore banking units inside Dhaka Export Processing Zone (DEPZ) at Savar and Chittagong Export Processing Zone (CEPZ). Standard Chartered Bangladesh provides a wide range of products to its customers to fulfill their every need life including different types of Personal Loans, Home Loan, Home Credit, Auto Loan. They do have a complete 'Employee Banking' suite with exclusive offers and preferential features for the employees of the organizations. Standard Chartered is also fuelling the businesses in the economy by facilitating the financing for the Business and Commercial Clients.

Dutch-Bangla Bank

Dutch-Bangla Bank is Bangladesh's most innovative and technologically advanced bank. Dutch-Bangla Bank Ltd stands to give the most innovative and affordable banking products to Bangladesh. Amongst banks, Dutch-Bangla Bank is the largest donor in to social causes in Bangladesh. It stands as one of the largest private donors involved in improving the country. Dutch-Bangla Bank is proud to be associated with helping Bangladesh as well as being a leader in the country's banking sector. Dutch-Bangla Bank believes in its uncompromising commitment to fulfill its customer needs and satisfaction and to become their first choice in banking. Taking cue from its pool esteemed clientele, Dutch-Bangla Bank intends to pave the way for a new era in banking that upholds and epitomizes its vaunted marquees 'Your Trusted Partner'.


Banks

Islami Bank Bangladesh Ltd.

Islami Bank Bangladesh Limited is a Joint Venture Public Limited Company engaged in commercial banking business based on Islamic Shari'ah with 63.09% foreign shareholding having largest branch network (total 304 Branches) among the private sector Banks in Bangladesh. It was established on the 13th March 1983 as the first Islamic Bank in the South East Asia. Their goal is to establish and maintain the modern banking techniques, to ensure soundness and development of the financial system based on Islamic principles and to become the strong and efficient organization with highly motivated professional, working for the benefit of people, based upon accountability, transparency and integrity in order to ensure stability of financial systems.

Prime Bank Limited

As a fully licensed commercial bank, Prime Bank is being managed by a highly professional and dedicated team with long experience in banking. They constantly focus on understanding and anticipating customer needs. As the banking scenario undergoes changes so is the bank and it repositions itself in the changed market condition. Prime Bank has already made significant progress within a very short period of its existence. The bank has been graded as a top class bank in the country through internationally accepted CAMELS rating. The bank has already occupied an enviable position among its competitors after achieving success in all areas of business operation. Prime Bank offers all kinds of Commercial Corporate and Personal Banking services covering all segments of society within the framework of Banking Company Act and rules and regulations laid down by our central bank. Diversification of products and services include Corporate Banking, Retail Banking and Consumer Banking right from industry to agriculture, and real state to software.

Eastern Bank Limited

Over the past twenty-four years product innovation, state-of-the-art IT solutions and excellence in service proposition have become synonymous with Eastern Bank, best known in its shorter version EBL. Their business is founded on ethos of leveraging strengths, rising to the challenges of the volatility of markets, pursuing best corporate governance and having a culture of best processes and consistent improvement. Having the ability to adapt to changes is their core competence and strength for a balanced growth. Their business is founded on core values of service excellence, openness, and trust and culture of best processes and consistent improvement. We provide high quality - advice - and - first-class - service with absolute integrity and teamwork. They give utmost importance to key parameters of corporate governance such as board system and its independence, function of board sub-committees, fair financial reporting, disclosure and compliance, and consistency of shareholders value enhancement.


Banks

United Commercial Bank

With a firm commitment of the economic and social development of Bangladesh, United Commercial Bank (UCB) started its journey in mid 1983 and has since been able to establish itself as one of the largest first generation banks in the country. With a vast network of 158 branches the Bank has already made a distinct mark in the realm of Private Sector Banking through personalized service, innovative practices, dynamic approach and efficient Management. The Bank has expanded its arena in different and diverse segments of banking like Retail Banking, SME Banking, Corporate Banking, Off-shore Banking, and Remittance etc. Besides various deposit and loan products of Retail Banking, the Bank caters export and import loan to deserving candidates which in turn helps the overall economy of the country through increased earning of foreign exchange. Other consumer products like UCB Cards have been showing tremendous success and growth since its inception in 2006 and soon became the leader in local market with around 40000 card holders. The Bank also provides its clients with both incoming and outgoing remittance services. Thus the expatriates find an easy way to send money through proper channel.

Bank Asia Limited

Bank Asia has been launched by a group of successful entrepreneurs with recognized standing in the society. The management of the Bank consists of a team led by senior bankers with decades of experience in national and international markets. The senior management team is ably supported by a group of professionals many of whom have exposure in the international market. It set milestone by acquiring the business operations of the Bank of Nova Scotia in Dhaka, first in the banking history of Bangladesh. It again repeated the performance by acquiring the Bangladesh operations of Muslim Commercial Bank Ltd. (MCB), a Pakistani bank. The asset and liability growth has been remarkable. Bank Asia has been actively participating in the local money market as well as foreign currency market without exposing the Bank to vulnerable positions. The Bank's investment in Treasury Bills and other securities went up noticeably opening up opportunities for enhancing income in the context of a regime of gradual interest rate decline. Bank Asia Limited started its service with a vision to serve people with modern and innovative banking products and services at affordable charge. Being parallel to the cutting edge technology the Bank is offering online banking with added delivery channels like ATM, Tele-banking, SMS and Net Banking. And as part of the bank's commitment to provide all modern and value added banking service in keeping with the very best standard in a globalize world.

City Bank Limited

City Bank is one of the oldest private Commercial Banks operating in Bangladesh. It is a top bank among the oldest five Commercial Banks in the country which started their operations in 1983. The Bank started its journey on 27th March 1983 through opening its first branch at B. B. Avenue Branch in the capital, Dhaka city. It was the visionary entrepreneurship of around 13 local businessmen who braved the immense uncertainties and risks with courage and zeal that made the establishment & forward march of the bank possible. Those sponsor directors commenced the journey with only Taka 3.4 crore worth of Capital, which now is a respectable Taka 2311.78 crore as capital & reserve. The bank currently has total 120 branches which includes 99 online branches, 1 full-fledged Islamic Banking branch, 1 SME service center and 11 SME/Agri branches spread across the length & breadth of the country. Besides these traditional delivery points, the bank is also very active in the alternative delivery area. It currently has 291 ATMs of its own; and ATM sharing arrangement with partner banks that has more than 1150 ATMs in place; SMS Banking; Internet Banking and so on. It already started its Customer Call Center operation.


Banks

AB Bank Limited

Introducing Bangladesh to its very first private sector bank; AB Bank Limited was incorporated on 31st December, 1981. Arab Bangladesh Bank as formerly known started its effective operation from 12th April, 1982 with the mission to be the best performing bank of the country. AB has extensively widened its services over the last three decades in both home and abroad. The bank opened its very first branch at Karwan Bazar on 12th April 1982 and now has a successful footprint of 101 branches including one overseas branch in Mumbai, India and 260 plus ATMs spread across the country. it has associated 6 subsidiary companies including one exchange company in UK, Off-shore Banking Unit and Custodial services with its core banking activities. AB offers a wide range of depository and loan products to cater virtually for every customer segment. From Student Banking to Priority Banking AB approximately has all banking products in its repertoire. The product gallery is rich in content and innovative products and services are introduced in the field of Small and Medium Enterprise (SME) credit, Women's Entrepreneur, Consumer Loans, Debit and Credit Cards (Local & International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking, specialized products and services for NRBs, Priority Banking, and Customer Care. AB has High quality products and services and dedicated Relationship Managers who are committed to financial health management, preserve lifestyle and maintain priorities of the customers wherever life takes them.

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