The bank is a secure place for depositing money. Nowadays, we have to think about many terms when we transfer money to any bank. When depositing money, customers must be aware of the online transfer of money and mobile banking, as well as interest rates and compounding rules.
Top 10 Banks in Bangladesh:
Here I will provide a review of the top 10 banks in Bangladesh with regard to the requirements of the client.
1. Standard Chartered Bank:
Standard Bank of British South Africa and Chartered Bank of India, China, and Australia together to form a frame for cash-holding institutions with their names corresponding to both banks in the year 1969. The two banks in the group were more than a century older at the time. In the mid-nineties of the century ago, Standard Chartered Bank chose to increase its holdings throughout Asia, Africa, and the Middle East. It stressed the importance of the customers, corporate and institutional banking as well as the Treasury services.
SCB obtained Grindlays Bank from ANZ Group and Chase Consumer Banking Operations, Hong Kong in 2000. In light of the success of ANZ Grindlays Bank SCB began its work in Bangladesh in 1905. The first branch was established in Chittagong at the end of 1948. Presently, Standard Chartered Bank, as an international bank, has the longest-running infrastructure within Bangladesh by having 26 branches 57 ATMs, and seven budgetary Kiosks.
2. Islami Bank Bangladesh Limited:
Islami Bank Bangladesh Limited is occupied with business banking and is dependent upon Islamic Shari'ah with 63.09% remote shareholding. It is the biggest branch system with 294 branches in the private sector Banks within Bangladesh. It was established on the 13th March 1983, as the principal Islamic Bank in South East Asia. The purpose that the Bank is to develop Islamic Banking through the presentation of welfare. It has arranged financial frameworks and also guarantees value.
3. HSBC:
HSBC is among the largest banks in the world and financial institutions that are associated with services associations. This is why it is listed in the first position of the Top 10 banks in Bangladesh. They have more than 39 million customers through four global organizations: Global Private Banking, Global Banking and Markets, Commercial Banking, and Retail Banking and Wealth Management.
The system covers 66 countries and domains across Asia, North America the Middle East and Africa, Europe, and Latin America. They also have debit cards credit cards, credit cards, and visa cards. The cards allow clients to buy online goods wherever they are as they operate everywhere in the world. HSBC started its financial activities in Bangladesh by opening its first office in the year 1996. It is now in your area with 39 ATMs and nine Customer Service Centers as well as 13 workplaces. It provides its customers with world-class management continuously. It has a growing number of seaward banks as well as offices at seven EPZs across the country.
4. Dutch Bangla Bank Limited (DBBL):
Dutch organization FMO works efficaciously together with this bank. The bank was established in June of 1996. DBBL officially began business in the banking industry. Since then, DBBL picked up its enormous fame because of its social welfare activities and prudent financial management. There are more than 1000 ATM places across the country, DBBL has the biggest ATM arrangements in Bangladesh. DBBL first launched mobile banking across Bangladesh. It helped poor people from rural areas to a bank with a sophisticated system.
5. BRAC Bank:
BRAC Bank began its voyage on July 4, 2001, as an independent business bank that focused on Small and Medium Enterprises (SME). In just 10 years, the Bank has transformed into a renowned banking institution within Bangladesh. It's also the central concentration of SMEs and is now one of the leading financial hypermarkets. BRAC Bank holds a dynamic network comprising 400 workplaces for SME units 500 Remittance Delivery Points with around 350 ATMs as well as fourteen Financial Kiosks.
The owners of the bank include BRAC, the largest non-governmental organization on earth, and International Finance Corporation, the private sector branch that is part of The World Bank. BRAC Bank has confidence in the people and the planet but in a very painful manner. The goal is to create a low-cost banking system by expanding the number of people in the financial system. BRAC Bank aggregates assets from urban retail stores and distributes funds across the country to help in empowering Small and Medium Enterprises (SMEs).
6. Sonali Bank Limited:
Sonali Bank was established in 1972. It is home to 1204 branches. This is a Public Bank. 63 ATM locations are part of Sonali Bank Limited arranged in 34 areas of Bangladesh. Of the 63 ATMs, 348 are located in urban areas 854 are located in provinces, and two are located in the world. The company also works with Sonali Exchange Company Inc. in the USA as well as Sonali Bank Ltd. in the UK, United Kingdom, to promote the remote settlement of trade. Sonali Bank UK dispatches up to 14 goals across Bangladesh specifically.
7. Janata Bank Limited:
After the 1971 independence to restructure the economy of the country, steps were taken. It is the first Bank that is managed directly by the ministry. It was created to combine different banks that were previously operating in this field and create new banks. There are 4 overseas branches located in the United Arab Emirates, Janata Bank has 904 branches across Bangladesh. There are a total of 20 ATMs that belong to Janata Bank Limited arranged in seven regions of Bangladesh.
8. Prime Bank Limited:
As a fully authorized commercial lender, Prime Bank is being directed by an extremely skilled and devoted team that has many years of banking experience. They are always focused on understanding and anticipating customer needs. When the financial conditions change so does the bank, and it adjusts its position within the new economic environment. There are 149 ATMs of Prime Bank Limited arranged in 38 regions in Bangladesh.
Prime Bank has gained massive ground within a short period of. Prime Bank has been recognized by the CAMELS rating as being the desirable class of banks in the world by a worldwide recognized CAMELS rating. The bank has been recognized as having a privileged position among its peers in the course of advancing in every aspect of the work. It provides a broad range of options for Commercial Corporate and Personal Banking services that span all segments of society within the framework of the Banking Company Act and principles and guidelines set by the national bank.
9. Agrani Bank Limited (ABL):
The bank was established in 1972. The services offered by this bank include web-based Online Cheque and Inter-branch Money Transfer ATM Services, Swift, Online Banking (CBS), Locker Services, TT Issue and Payment System, Issuing & Enchasing Foreign Drafts, and more. Agrani Bank Limited has become a popular business bank that has 922 corners across Bangladesh. The bank was declared a Public Company in 2007, to be able to control assets, business as well as benefits and promises. The bank has a Director's board that is comprised of 12 chairmen. There are a total of 26 ATMs in the bank. The bank also has 14 locations in Bangladesh.
10. Pubali Bank Limited (PBL):
After the autonomy from Bangladesh in 1972 the Bank was nationalized compatible with the plan of the government. The Bank has assumed important roles in the fields of agricultural, mechanical, and financial development. It also aids our economy with reserve funds preparation and the speculation of assets. There are ATM booths with 96 ATMs of Pubali Bank Limited available in 32 districts across Bangladesh.
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