Top 10 Bank in Bangladesh 2021 (Private and Public)

There are a lot of banks in our country at the moment but only a few could make it to the list of top 10 Bank in Bangladesh. After the head to head fight, This are the 10 Private and Public Banks that made it to the list of the best banks in our country. The ranking has been made on the basis of the statistics of the banks over the years. Those include- Revenue, Net Income  and Total Assets.

List of top 10 Bank in Bangladesh

Top 10 Bank in Bangladesh (Private and Public)

1. HSBC Bank

In Bangladesh, the HSBC (The Hongkong and Shanghai Banking Corporation Ltd.) Group’s journey traces all the way back to 1996 when it opened its first branch. Today, the HSBC Group offers an exhaustive scope of monetary administrations in Bangladesh including business banking, buyer banking, installments and money the board, exchange administrations, depository, and care and clearing.

  • Revenue: BDT 8.75 billion (Statistics as of 2017)
  • Net income: BDT 3.34 billion (Statistics as of 2017)
  • Total assets: BDT 140.81 billion (Statistics as of 2017)

2. Dutch Bangla Bank Limited

DBBL (Dutch Bangla Bank Limited) is a joint venture private business bank between Bangladeshi business person, M Sahabuddin Ahmed (Founder and Chairman) and a Dutch organization FMO. DBBL was set up under the Bank and fused as a public restricted organization under the Companies Act 1991 and Companies Act 1994 in Bangladesh respectively. DBBL initiated formal activity on June 3, 1996.

Here are the statistics of DBBL Bank-

  • Revenue: BDT 18.51 billion (As of 2017)
  • Net income: BDT 2.46 billion (As of 2017)
  • Total assets: BDT 311.91 billion (As of 2017)

3. Sonali Bank Limited

Sonali Bank was set up in 1972 under the  Order of Bangladesh Banks (Nationalization), through the mixture and nationalization of the parts of National Bank of Pakistan, Bank of Bahawalpur, and Premier Bank offices situated in East Pakistan until the 1971 Bangladesh Liberation War. When it was set up, Sonali Bank had a settled up capital of 30 million taka.

In 2001, it’s approved and settled up capital were Tk 10 billion and Tk 3.272 billion separately. By and by, it is approved and settled up capital is Tk 10 billion and Tk 9 billion separately.

Check: Sonali Bank Limited Job Circular

Here are the statistics of SBL-

  • Revenue: BDT 23.83 billion (As of 2016)
  • Net income: BDT 1.49 billion (As of 2016)
  • Total assets: BDT 1.2 trillion (As of 2016)

4. Islami Bank Bangladesh Ltd

Islami Bank Bangladesh Limited is a sharia agreeable bank in Bangladesh that began the procedure on 30 March 1983. It was established by Saudi and Kuwaiti investors. It is a public restricted organization enrolled under the Companies Act of 1913.

IBBL is a joint endeavor of the public authority of Bangladesh, 22 financial specialists of Bangladesh, Islamic Development Bank, and venture firms and banks from Muslim Middle Eastern nations.

Check: Islami Bank Bangladesh Limited Job Circular

Here are the stats-

  • Revenue: BDT 32.03 billion (As of 2017)
  • Net income: BDT 4.48 billion (As of 2017)
  • Total assets: BDT 797.93 billion (As of 2017)

5. BRAC Bank Limited

BRAC Bank is a private business bank in Bangladesh, worked by the BRAC advancement association, zeroed in on Small and Medium Enterprises (SME). The bank has its administrative center in Dhaka, Bangladesh. It has 186 branches and 50 specialist banking outlets and 448 ATMs starting on 31 December 2018.

BRAC Bank was established on 4 July 2001 to arrive at the huge number of unbanked individuals who were not covered by a conventional bank. The fundamental idea of the bank was to encourage SMEs.

Check: Brac Bank Limited Job Circular

Here are the stats-

  • Revenue- BDT 9.393 billion (As of 2018)
  • Net income- 5.67 billion (As of 2018)
  • Total assets- BDT 358.005 billion (As of 2018)

6. Janata Bank Limited

Janata Bank Ltd. is a state-claimed business bank of Bangladesh set up in 1972. Its central command is arranged at Motijheel in Dhaka, the capital city of Bangladesh. It is one of the biggest banks in Bangladesh. Janata Bank has been one of the most consistent banks with a fair share of revenue and net income over the years, which has made its way into the list of the top banks inside Bangladesh.

Check: Janata Bank Limited Job Circular

  • Revenue: BDT 23.32 billion (As of 2016)
  • Net income: BDT 2.61 billion (As of 2016)
  • Total assets: BDT 779.6 billion (As of 2016)

7. Standard Chartered Bank

Standard Chartered Bank opened its first branch in Bangladesh in 1948, in Chittagong, the port city and a significant exchanging center point. With the procurement of Grindlays Bank in Bangladesh in August 2000, they acquired a presence in this country that traces all the way back to 1905. The business banking business of American Express Bank was additionally gained in 2006.

  • Net income- 12,825,927,113 (As of 2019)
  • Total assets- 386,712,417,248 (As of 2019)

8. Prime Bank Limited

Prime Bank was made and the initiation of the business began on 17 April 1995. It was consolidated under the Companies Act of 1994. The Bank is exchanged at the Dhaka stock trade and Chittagong stock trade.

Prime Bank is the title supporter of the 2013 version of the Bangladesh Premier League cricket competition. They are additionally the proprietors of Prime Bank Cricket Club. Here are the stats-

  • Revenue: BDT 23.32 billion (As of 2016)
  • Net income: BDT 2.61 billion (As of 2016)
  • Total assets: BDT 779.6 billion (As of 2016)

9. Eastern Bank Ltd

Eastern Bank Limited is a private business bank located at the heart of Bangladesh, Dhaka. It was set up on August 8, 1992, as a public restricted organization with a restricted obligation under the Bank Companies Act of 1991.

Its offer is recorded in the Dhaka Stock Exchange and the Chittagong Stock Exchange. The bank gives items and administrations in retail banking, corporate money, resource the board, and value financier. It has 85 branches and 214 ATMs in Bangladesh and utilizes around 3000 workers.

  • Net Income- BDT 7,424,305,072
  • Total Assets- BDT 348,122,618,698

10. AB Bank Limited

AB Bank (earlier Arab Bangladesh Bank) is a leading private area bank in Bangladesh set up on 31 December 1981. This was the primary joint endeavor of a private bank in Bangladesh. On 14 November 2007 Bangladesh bank affirmed the name change to AB Bank from Arab Bangladesh Bank.

A previous agent overseeing chief was accused of stealing 3.25 billion taka from the bank. In 2014 AB bank finished its securing of Cashlink Bangladesh Limited. A previous VP and his better half were condemned to jail terms for misappropriation from the bank in 2016.

  • Net income- BDT 89.43 Million
  • Total Assets- BDT 7431.89 Million

You may also read: All Bank Jobs Circular

Conclusion: All the renowned banks in Bangladesh are pushing Bangladesh to boundaries that it has never seen before. These are the top 10 Banks list in Bangladesh that are helping Bangladesh the most. We hope that they keep on skyrocketing so that Bangladesh strides forward in the economic sector.

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