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Top 10 Private Banks in Bangladesh

Top 10 Private Banks in Bangladesh

10 Min read

Saturday, November 2nd 2024



Bangladesh's financial landscape thrives with a multitude of private banks offering a diverse range of services. These institutions play a pivotal role in shaping the country's economy and providing essential financial services to individuals and businesses.

The top private banks in Bangladesh were chosen based on various key factors, including financial stability, innovation, customer satisfaction, and the breadth of services offered.

1. BRAC Bank

Established in 2001, BRAC Bank stands tall as one of the largest private commercial banks in Bangladesh. Its commitment to innovation and customer-centric approach sets it apart. With a wide array of services catering to retail, corporate, and SME clients, BRAC Bank has consistently evolved to meet the changing needs of its customers. The bank's innovative product lineup and initiatives for financial inclusion make it a standout in the industry.

About Brac Bank



2. Dutch-Bangla Bank

A beacon of innovation, Dutch-Bangla Bank has been a driving force in revolutionizing banking in Bangladesh. Founded by a collaboration of local Bangladeshi and Dutch entrepreneurs, this bank is renowned for its technology-driven initiatives. Its pioneering efforts in introducing convenient and accessible banking solutions have earned it a strong foothold in the market. Dutch-Bangla Bank's commitment to leveraging technology for financial empowerment has made it a preferred choice for many.

About Dutch-Bangla Bank



3. Eastern Bank Limited (EBL)

Eastern Bank Limited, established in 1992, boasts a long-standing reputation as one of the oldest private commercial banks in Bangladesh. With a commitment to delivering a wide range of financial services, EBL caters to diverse customer segments, offering retail, corporate, and SME banking solutions. Its longevity and experience in the industry underscore its reliability and stability.

About Eastern Bank Limited 


  • Branches In Full Bangladesh: 83

  • Branches Location: Click here

  • Total ATM: 262 (Location)

  • Internet Banking: Yes

  • Banking Services: Retail Loan, Retail Deposit, EBL Skylounge, Women Banking, Payroll Banking, Student Banking.

  • Website: https://www.ebl.com.bd/


4. The City Bank

Having been a part of Bangladesh's financial landscape since March 28, 1983, The City Bank has earned its place as one of the oldest private commercial banks. Its pioneering services and customer satisfaction focus have been key to its success. With a diverse range of products and services, The City Bank remains a prominent choice for many in the country.

About The City Bank 



5. Mutual Trust Bank

Mutual Trust Bank PLC (MTB) is a third generation private commercial bank, based in Dhaka, Bangladesh and has been adjudged as the Best Financial Institution of 2014 at the DHL-Daily Star Business Awards 2015. Earlier, MTB had also received the first-ever best “SME Bank of the Year” and best “Women Entrepreneurs’ Friendly Bank of the Year” by Bangladesh Bank and SME Foundation.

About Mutual Trust Bank

  •  Branches In Full Bangladesh:  220

  • Total Sub Branch - 182 

  • Total ATM: 336

  • Internet Banking: Yes

  • Banking Services:

  • Website: www.mutualtrustbank.com




6. Pubali Bank Limited

As one of the oldest private commercial banks established in 1959, Pubali Bank Limited has continuously evolved, offering a wide range of banking solutions for various sectors. Its history, coupled with its adaptability to changing market dynamics, makes it a strong contender in the banking arena.

About Pubali Bank Limited – 


  • Branches In Full Bangladesh:  501

  • Total ATM: 346

  • Internet Banking: Yes

  • Banking Services: 

  • Website: https://www.pubalibangla.com/


7. United Commercial Bank (UCB)

UCB, established in June 27 ,1983 stands out for its diverse customer-focused services. The bank has been recognized for its innovative approaches to banking, catering to retail, corporate, and SME clients. Its commitment to technological advancement and customer-oriented initiatives is evident in its service offerings.

About UCB


  • Branches In Full Bangladesh:  228

  • Total ATM: 958

  • Internet Banking: Yes

  • Banking Services: 

  • Website: https://www.ucb.com.bd/


8. Bank Asia Limited

Bank Asia Limited, established in November 27,1999 has positioned itself as a provider of modern banking solutions. With a customer-centric approach, it has carved a niche in the market by introducing various innovative services to meet the evolving needs of its clientele.

About Bank Asia Limited


  • Branches In Full Bangladesh:  126+

  • Total ATM: 100+

  • Internet Banking: Yes

  • Banking Services: 

  • Website: https://www.bankasia-bd.com/


9. Agrani Bank PLC

Agrani Bank emerged as a Nationalized Commercial Bank following the Bangladesh Banks (Nationalization) Order 1972 vide President’s Order No. 26 of 1972 under which former Habib Bank Limited and Commerce Bank Limited and renamed as Agrani Bank.

About Agrani Bank 

  • Branches In Full Bangladesh:  979

  • Total ATM:

  • Internet Banking: Yes

  • Banking Services: 

  • Website: www.agranibank.org



10. NRB Commercial Bank

Focusing on non-resident Bangladeshis, NRB Commercial Bank, established in 2013, has tailored its services to meet the unique requirements of this customer segment. Its specialized offerings have made banking more accessible and convenient for this demographic.

About NRB Commercial Bank


  • Branches In Full Bangladesh:  269

  • Total ATM: 934

  • Internet Banking: Yes

  • Banking Services: 

  • Website: https://www.nrbcommercialbank.com/ 


Conclusion

Bangladesh's financial landscape is enriched by a diverse array of top-tier private banks, each contributing distinctively to the nation's economic growth and financial stability. These ten banks—BRAC Bank, Dutch-Bangla Bank, Eastern Bank Limited, The City Bank, Mutual Trust Bank, Pubali Bank Limited, United Commercial Bank, Bank Asia Limited, Agrani Bank Limited, and NRB Commercial Bank—symbolize the dynamism and resilience of the country's banking sector.

From pioneering innovative services to catering to various customer segments encompassing retail, corporate, SMEs, and non-resident Bangladeshis, these banks have consistently evolved to meet the changing needs of the populace. Their commitment to technological advancement, customer-centric approaches, and diverse financial solutions underscores their significance in fostering financial inclusion and economic development.

As pillars of stability and innovation, these banks reflect Bangladesh's progressive journey in the financial realm. They stand as beacons of trust and reliability, offering a wide spectrum of services while striving for excellence and customer satisfaction.

Individuals and businesses seeking banking solutions in Bangladesh are presented with a wealth of options through these top private banks. Exploring their unique offerings and services can empower customers to make informed choices, leveraging the strength and diversity offered by these esteemed financial institutions.





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