The banking sector in Bangladesh is one of the most vibrant and dynamic in the world. With a population of over 160 million people, Bangladesh has a large and growing market for financial services. The top 10 banks in Bangladesh are well-established institutions with a strong track record of providing quality banking services.
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Top 10 Banks in Bangladesh
Here is the list of the Top 10 Banks in Bangladesh:
| Serial | Name of the Bank | Estd. Year |
|---|---|---|
| 1 | Islami Bank Bangladesh PLC. | 1983 |
| 2 | Dutch-Bangla Bank Limited | 1996 |
| 3 | Sonali Bank PLC. | 1972 |
| 4 | BRAC Bank Limited | 2001 |
| 5 | Eastern Bank Limited | 1992 |
| 6 | Standard Chartered Bank | 1969 |
| 7 | HSBC Bank Bangladesh | 1996 |
| 8 | City Bank Limited | 1959 |
| 9 | Pubali Bank Limited | 1986 |
| 10 | Janata Bank Limited | 1972 |
1. Islami Bank Bangladesh PLC.
Islami Bank Bangladesh PLC (IBBL) is the largest Islamic bank in Bangladesh. It was established in 1983 and is headquartered in Dhaka. IBBL offers a wide range of Islamic banking products and services, including savings accounts, current accounts, loans, mortgages, investment products, and insurance. The bank has a strong network of branches and ATMs across Bangladesh.
IBBL is a well-respected financial institution in Bangladesh. It has a strong track record of financial stability and profitability. The bank is also committed to providing its customers with high-quality Islamic banking services.
| Revenue: | BDT 225.22 billion (2023) |
| Net Income: | BDT 16.32 billion (2023) |
| Total Assets: | BDT 1,889.296 billion (2023) |
| Website: | https://www.islamibankbd.com/ |
2. Dutch-Bangla Bank Limited
Dutch-Bangla Bank Limited (DBBL) is the 2nd largest bank in Bangladesh. It was established in 1996 and is headquartered in Dhaka. DBBL offers a wide range of banking products and services, including savings accounts, current accounts, loans, mortgages, investment products, and insurance. The bank has a strong network of branches and ATMs across Bangladesh.
DBBL is a well-respected financial institution in Bangladesh. It has a strong track record of financial stability and profitability. The bank is also committed to providing its customers with high-quality banking services.
| Revenue: | BDT 198.02 billion (2023) |
| Net Income: | BDT 14.09 billion (2023) |
| Total Assets: | BDT 1,680.583 billion (2023) |
| Website: | https://www.dutchbanglabank.com/ |
3. Sonali Bank PLC.
Sonali Bank PLC (SBL) is the 3rd largest bank in Bangladesh. It was established in 1972 and is headquartered in Dhaka. SBL offers a wide range of banking products and services, including savings accounts, current accounts, loans, mortgages, investment products, and insurance. The bank has a strong network of branches and ATMs across Bangladesh.
SBL is a well-respected financial institution in Bangladesh. It has a strong track record of financial stability and profitability. The bank is also committed to providing its customers with high-quality banking services.
| Revenue: | BDT 256.43 billion (2023) |
| Net Income: | BDT 18.26 billion (2023) |
| Total Assets: | BDT 2,095,700 billion (2023) |
| Website: | https://www.sonalibank.com.bd/ |
4. BRAC Bank Limited
BRAC Bank Limited (BBL) is the 4th largest bank in Bangladesh. It was founded in 2001 by BRAC, a non-profit development organization. BBL offers a wide range of banking products and services, including savings accounts, current accounts, loans, mortgages, investment products, and insurance. The bank has a strong network of branches and ATMs across Bangladesh.
BBL is a well-respected financial institution in Bangladesh. It has a strong track record of financial stability and profitability. The bank is also committed to providing its customers with high-quality banking services.
| Revenue: | BDT 107.43 billion (2023) |
| Net Income: | BDT 7.19 billion (2023) |
| Total Assets: | 986,711 billion (2023) |
| Website: | https://www.bracbank.com/ |
5. Eastern Bank Limited
Eastern Bank Limited (EBBL) is the 5th largest bank in Bangladesh. It was established in 1992 and is headquartered in Dhaka. EBL offers a wide range of banking products and services, including savings accounts, current accounts, loans, mortgages, investment products, and insurance. The bank has a strong network of branches and ATMs across Bangladesh.
EBL is a well-respected financial institution in Bangladesh. It has a strong track record of financial stability and profitability. The bank is also committed to providing its customers with high-quality banking services.
| Revenue: | BDT 156.30 billion (2023) |
| Net Income: | BDT 9.88 billion (2023) |
| Total Assets: | BDT 1,327,387 billion (2023) |
| Website: | https://www.ebl.com.bd/ |
6. Standard Chartered Bank
Standard Chartered Bank (SCB) is the 6th largest bank in Bangladesh. It is a British multinational bank headquartered in London. It has a presence in over 70 countries and territories, with a focus on emerging markets. SCB offers a wide range of banking products and services, including retail banking, corporate banking, investment banking, and treasury services.
SCB is a well-respected financial institution in Bangladesh. It has a strong track record of financial stability and profitability. The bank is also committed to providing its customers with high-quality banking services.
| Revenue: | BDT 144.65 billion (2023) |
| Net Income: | BDT 10.09 billion (2023) |
| Total Assets: | BDT 1,237,323 billion (2023) |
| Website: | https://www.sc.com/bd/ |
7. HSBC Bank Bangladesh
HSBC Bank Bangladesh Limited (HBB) is the 7th largest bank in Bangladesh. It is a wholly-owned subsidiary of HSBC Holdings plc, a British multinational bank headquartered in London. HBB was established in 1996 and is headquartered in Dhaka, Bangladesh. The bank offers a wide range of banking products and services, including savings accounts, current accounts, loans, mortgages, investment products, and insurance.
HBB is a well-respected financial institution in Bangladesh. It has a strong track record of financial stability and profitability. The bank is also committed to providing its customers with high-quality banking services.
| Revenue: | BDT 123.33 billion (2023) |
| Net Income: | BDT 8.29 billion (2023) |
| Total Assets: | BDT 1,076,600 billion (2023) |
| Website: | https://www.hsbc.com.bd/1/2//home |
8. City Bank Limited
City Bank Limited (CBL) is the 8th largest bank in Bangladesh. It was established in 1983 and is headquartered in Dhaka. CBL offers a wide range of banking products and services, including savings accounts, current accounts, loans, mortgages, investment products, and insurance. The bank has a strong network of branches and ATMs across Bangladesh.
CBL is a well-respected financial institution in Bangladesh. It has a strong track record of financial stability and profitability. The bank is also committed to providing its customers with high-quality banking services.
| Revenue: | BDT 105.23 billion (2023) |
| Net Income: | BDT 6.97 billion (2023) |
| Total Assets: | BDT 966,351 billion (2023) |
| Website: | https://www.thecitybank.com/home |
9. Pubali Bank Limited
Pubali Bank Limited (PBL) is the 9th largest bank in Bangladesh. It was established in 1959 and is headquartered in Dhaka. PBL offers a wide range of banking products and services, including savings accounts, current accounts, loans, mortgages, investment products, and insurance. The bank has a strong network of branches and ATMs across Bangladesh.
PBL is a well-respected financial institution in Bangladesh. It has a strong track record of financial stability and profitability. The bank is also committed to providing its customers with high-quality banking services.
| Revenue: | BDT 104.55 billion (2023) |
| Net Income: | BDT 6.90 billion (2023) |
| Total Assets: | BDT 953,131 billion (2023) |
| Website: | https://www.pubalibangla.com/ |
10. Janata Bank Limited
Janata Bank Limited (JBL) is the 10th largest bank in Bangladesh. It was established in 1972. Its headquarters is situated at Motijheel in Dhaka, the capital city of Bangladesh.
JBL is a well-respected financial institution in Bangladesh. It has a strong track record of financial stability and profitability. The bank is also committed to providing its customers with high-quality banking services.
| Revenue: | BDT 32.30 billion (2023) |
| Net Income: | BDT 4.90 billion (2023) |
| Total Assets: | BDT 1,930,700 billion (2023) |
| Website: | https://www.jb.com.bd/ |
List of Banks in Bangladesh
| Bank Name | Web Link |
|---|---|
| AB Bank Limited | http://www.abbl.com |
| Agrani Bank Limited | http://www.agranibank.org |
| Al-Arafah Islami Bank Limited | http://www.al-arafahbank.com/ |
| Bangladesh Commerce Bank Limited | http://bcblbd.com/ |
| Bangladesh Development Bank Limited | http://www.bdbl.com.bd |
| Bangladesh Krishi Bank | http://www.krishibank.org.bd |
| Bank Al-Falah Limited | http://www.bankalfalah.com |
| Bank Asia Limited | http://www.bankasia-bd.com |
| BASIC Bank Limited | http://www.basicbanklimited.com |
| Bengal Commercial Bank Limited | https://bgcb.com.bd |
| BRAC Bank Limited | http://www.bracbank.com |
| Citibank N.A | http://www.citi.com/domain/index.htm |
| Citizens Bank PLC | |
| Commercial Bank of Ceylon Limited | http://www.combank.net/bdweb/ |
| Community Bank Bangladesh Limited | http://www.communitybankbd.com |
| Dhaka Bank Limited | http://dhakabankltd.com |
| Dutch-Bangla Bank Limited | http://www.dutchbanglabank.com |
| Eastern Bank Limited | http://www.ebl.com.bd |
| EXIM Bank Limited | http://www.eximbankbd.com |
| First Security Islami Bank Limited | https://www.fsiblbd.com |
| Global Islami Bank PLC | http://www.globalislamibankbd.com |
| Habib Bank Ltd. | http://globalhbl.com/Bangladesh/ |
| ICB Islamic Bank Ltd. | http://www.icbislamic-bd.com/ |
| IFIC Bank PLC | http://www.ificbank.com.bd/ |
| Islami Bank Bangladesh PLC | http://www.islamibankbd.com |
| Jamuna Bank Ltd | http://www.jamunabankbd.com |
| Janata Bank Limited | http://www.janatabank-bd.com |
| Meghna Bank Limited | http://www.meghnabank.com.bd |
| Mercantile Bank Limited | http://www.mblbd.com |
| Midland Bank Limited | http://www.midlandbankbd.net/ |
| Modhumoti Bank Limited | http://modhumotibankltd.com/ |
| Mutual Trust Bank Limited | http://www.mutualtrustbank.com |
| National Bank Limited | http://www.nblbd.com |
| National Bank of Pakistan | http://www.nbp.com.pk |
| National Credit & Commerce Bank Ltd | http://www.nccbank.com.bd |
| NRB Bank Limited | http://www.nrbbankbd.com |
| NRB Commercial Bank Limited | http://www.nrbcommercialbank.com/ |
| One Bank Limited | http://www.onebankbd.com |
| Padma Bank Limited | http://www.padmabankbd.com/ |
| Premier Bank Limited | http://www.premierbankltd.com |
| Prime Bank Ltd | https://www.primebank.com.bd/ |
| Probashi Kollyan Bank | http://www.pkb.gov.bd/ |
| Pubali Bank Limited | http://www.pubalibangla.com |
| Rajshahi Krishi Unnayan Bank | http://www.rakub.org.bd |
| Rupali Bank Limited | https://rupalibank.org/en/ |
| Shahjalal Islami Bank Limited | http://www.sjiblbd.com/ |
| Shimanto Bank Limited | https://www.shimantobank.com/ |
| Social Islami Bank Ltd. | http://www.siblbd.com |
| Sonali Bank PLC | http://www.sonalibank.com.bd |
| South Bangla Agriculture & Commerce Bank Limited | http://www.sbacbank.com/ |
| Southeast Bank Limited | https://www.southeastbank.com.bd |
| Standard Bank Limited | http://www.standardbankbd.com |
| Standard Chartered Bank | http://www.standardchartered.com/bd |
| State Bank of India | https://bd.statebank/ |
| The City Bank Ltd. | http://www.thecitybank.com |
| The Hong Kong and Shanghai Banking Corporation. Ltd. | http://www.hsbc.com.bd |
| Trust Bank Limited | http://www.trustbank.com.bd |
| Union Bank Limited | http://www.unionbank.com.bd/ |
| United Commercial Bank PLC | http://www.ucb.com.bd/ |
| Uttara Bank PLC | http://www.uttarabank-bd.com |
| Woori Bank | http://www.wooribank.com |
FAQs
1. How can I open a bank account in Bangladesh?
Opening a bank account in Bangladesh is a straightforward process. You need to visit the nearest branch of your preferred bank with the necessary documents, including identification and address proof.
2. What are the advantages of Islamic banking?
Islamic banking follows the principles of Shariah, which prohibits the payment or acceptance of interest. This ethical approach ensures fairness and promotes socially responsible banking.
3. Can I do international transactions with Dutch-Bangla Bank Limited’s Rocket account?
Yes, you can use Dutch-Bangla Bank’s Rocket account for international transactions, subject to applicable regulations and restrictions.
4. Does Standard Chartered Bank offer wealth management services in Bangladesh?
Yes, Standard Chartered Bank provides comprehensive wealth management services to cater to the financial goals of its clients.
5. How do I contact the customer support of BRAC Bank Limited?
You can contact BRAC Bank Limited’s customer support through their helpline number or visit their nearest branch for assistance.
Conclusion
The banking sector in Bangladesh is a dynamic and growing one. The top 10 banks in Bangladesh are well-established institutions with a strong track record of financial stability and profitability. They offer a wide range of products and services to meet the needs of their customers.
When choosing a bank in Bangladesh, it is important to consider your individual needs and requirements. Some factors to consider include your financial goals, your banking habits, your location, and your budget.
The banking sector in Bangladesh faces a number of challenges, including high levels of non-performing loans, political instability, lack of financial literacy, and competition from non-bank financial institutions. However, the top 10 banks in Bangladesh are well-positioned to overcome these challenges and continue to grow and prosper in the years to come.
