Financial Institutions in Bangladesh
1. Central Bank[edit | edit source]
- Bangladesh Bank (BB) – The central bank of Bangladesh, responsible for monetary policy, issuing currency, and regulating banks and financial institutions.
2. Scheduled Banks[edit | edit source]
Banks licensed under the Bank Company Act, 1991. They are further divided into categories:
a) State-Owned Commercial Banks (SOCBs)[edit | edit source]
- Sonali Bank Limited
- Janata Bank Limited
- Agrani Bank Limited
- Rupali Bank Limited
b) Specialized Banks[edit | edit source]
(Mainly focused on agriculture and industry)
- Bangladesh Krishi Bank
- Rajshahi Krishi Unnayan Bank (RAKUB)
- Probashi Kallyan Bank
- Bangladesh Development Bank Limited
c) Private Commercial Banks (PCBs)[edit | edit source]
Conventional Private Banks (some examples):[edit | edit source]
- AB Bank Limited
- Bank Asia Limited
- BRAC Bank Limited
- City Bank Limited
- Dhaka Bank Limited
- Dutch-Bangla Bank Limited
- Eastern Bank Limited
- Mercantile Bank Limited
- Mutual Trust Bank Limited
- Prime Bank Limited
- Pubali Bank Limited
- Southeast Bank Limited
- Standard Bank Limited
- Trust Bank Limited
- United Commercial Bank Limited
Islamic Shariah-based Private Banks:[edit | edit source]
- Islami Bank Bangladesh Limited
- Al-Arafah Islami Bank Limited
- Social Islami Bank Limited
- Shahjalal Islami Bank Limited
- First Security Islami Bank Limited
- Union Bank Limited
d) Foreign Commercial Banks in Bangladesh[edit | edit source]
- Standard Chartered Bank
- HSBC
- Citibank N.A.
- Commercial Bank of Ceylon
- State Bank of India
- Woori Bank
- Habib Bank Limited
- National Bank of Pakistan
3. Non-Bank Financial Institutions (NBFIs)[edit | edit source]
Licensed by Bangladesh Bank under the Financial Institution Act, 1993. Examples:
- IDLC Finance Limited
- LankaBangla Finance Limited
- IPDC Finance Limited
- United Finance Limited
- Phoenix Finance and Investments Limited
- Peoples Leasing and Financial Services Limited
- Delta Brac Housing Finance Corporation (DBH)
4. Insurance Companies[edit | edit source]
Regulated by the Insurance Development and Regulatory Authority (IDRA).
Examples include:
- Sadharan Bima Corporation (State-owned, general insurance)
- Jiban Bima Corporation (State-owned, life insurance)
- Green Delta Insurance Company
- Pragati Insurance Company
- Popular Life Insurance Company
- MetLife Bangladesh
5. Capital Market Institutions[edit | edit source]
Regulated by the Bangladesh Securities and Exchange Commission (BSEC).
- Dhaka Stock Exchange (DSE)
- Chittagong Stock Exchange (CSE)
- Brokerage Houses and Merchant Banks