Shimanto Bank PLC (সীমান্ত ব্যাংক পিএলসি) is a relatively new but fast-growing private commercial bank in Bangladesh, established to provide modern and innovative banking services. The bank was founded in 2016 and is a subsidiary of the Border Guard Bangladesh Welfare Trust (BGBWT). Shimanto Bank aims to support the financial needs of the members of the Border Guard Bangladesh (BGB), their families, and the general public by offering a wide range of financial products and services.
Shimanto Bank’s unique connection to the Border Guard Bangladesh (BGB) gives it a distinctive edge in the market, especially for catering to the welfare of BGB members. It emphasizes a customer-friendly approach, security, and innovative banking solutions. Despite its relative youth in the banking sector, Shimanto Bank PLC is dedicated to offering reliable financial services and building a strong reputation in the market through modern banking practices and customer satisfaction.
Overview of Shimanto Bank PLC:
Shimanto Bank PLC (সীমান্ত ব্যাংক পিএলসি) is a private commercial bank in Bangladesh, established in 2016 under the ownership of the Border Guard Bangladesh Welfare Trust (BGBWT). The bank was created to cater to the financial needs of Border Guard Bangladesh (BGB) members and their families, as well as the general public, with a focus on financial inclusion, modern banking services, and socio-economic development.
Shimanto Bank PLC is dedicated to becoming a key player in Bangladesh’s banking sector by providing innovative, technology-driven, and customer-focused services. Its strong foundation in welfare banking and emphasis on serving the broader public, combined with modern banking solutions, position it as a bank with a social mission and a focus on growth.
See also:
❏ Banks in Bangladesh
Shimanto Bank PLC at a glance: | |
| Bank Name | Shimanto Bank PLC (সীমান্ত ব্যাংক পিএলসি) |
| Logo |  |
| Legal Status | Public Limited Company |
| Established | 2016 |
| Type | Private Bank |
| Category | Commercial Bank |
| Origin | Local Bank |
| Address | Shimanto Shamvar (Level-7), Shimanto Square, Bir Uttam M. A. Rob Sarak (Road No. 2), Dhanmondi, Dhaka-1205, Bangladesh |
| Call Center | 16790, +8809666716790 (Overseas) |
| Telephone | +880 96 12999000, +880 96 10871000 |
| Fax | |
| Bank Code | |
| SWIFT Code | SHMTBDDD |
| information.desk@shimantobank.com | |
| Website | www.shimantobank.com |
| Service Hours | Business day (Sun ~ Thu) 10:00 am ~ 4:00 pm * (Fri ~ Sat) Closed |
| Services |
|
History of Shimanto Bank PLC:
Shimanto Bank PLC a fourth-generation private sector scheduled bank incorporated as a public limited company under the company act, 1994 and got approval from Bangladesh Bank on 21 July, 2016. As the slogan goes ‘Shimahin Astha’, Shimanto Bank PLC. aims to be the leading financial institution to serve with utmost trust. Shimanto Bank PLC is fully owned by Border Guard Bangladesh Welfare Trust – a solid welfare initiative for the employees of Border Guard Bangladesh (BGB). Bangladesh Bank has accorded banking license to Shimanto Bank PLC as a full-fledged scheduled commercial bank with Paid-up Capital of BDT 4000 million. It was inaugurated on September 1, 2016.
Shimanto Bank is primarily focused on fulfilling all the banking need of the BGB members as well as will be operating with all other commercial banking functions by offering numbers of attractive asset and liability products and services tailored for country’s Retail , SME and Corporate clients. As BGB already has it’s presence all over the country including remote border areas, it will be much easier for Shimanto Bank to expand its business network providing inclusive banking facilities to non-banked population of the country.
The bank has a mission to excel in the banking arena with it’s visionary Board of directors, experienced management team supported by highly dedicated staffs. The bank is committed to set an example of high standards of corporate governance for the other financial institutions of the country. Authorized capital of the bank 10,000 million taka and paid-up capital 4,000 million taka. The management of the bank is vested in a 9-member board of directors. Shimanto Bank PLC has 25 branches, 7 sub-branches and 28 ATM booths.
Services Offered by Shimanto Bank PLC:
Shimanto Bank PLC is a commercial bank in Bangladesh, established to provide financial services to both individuals and businesses, with a focus on accessibility and innovation. It was founded by the Border Guard Bangladesh (BGB) Welfare Trust and operates with the aim of offering inclusive banking solutions for the people of Bangladesh, particularly those associated with the BGB and their families. Here are the primary services offered by Shimanto Bank PLC:
- Retail Banking
- Savings Accounts
- Current Accounts
- Fixed Deposits
- Loans (Personal, Home, Car)
- Debit and Credit Cards
- Corporate Banking
- Corporate Loans
- Working Capital Financing
- Trade Finance (LC, Guarantees)
- Cash Management Services
- Project Financing
- SME Banking
- SME Loans
- Women Entrepreneur Loans
- Business Accounts for SMEs
- Financial Advisory Services
- Digital Banking
- Internet Banking
- Mobile Banking
- SMS Banking
- E-Wallet Services
- Online Bill Payments
- Agricultural Banking
- Agricultural Loans
- Microfinance for Rural Development
- Remittance Services
- International Remittance
- Local Remittance
- Treasury and Investment Services
- Treasury Bills and Bonds
- Foreign Exchange Services
- Investment Advisory
- Islamic Banking Services
- Islamic Financing (Murabaha, Ijara)
- Shariah-compliant Savings & Deposits
- Other Specialized Services
- Locker Services
- Bancassurance
- Safe Deposit Facilities
These services are designed to meet a variety of banking needs for individuals, businesses, and other institutions.
Contact
Shimanto Bank PLC, Head Office: Shimanto Shamvar (Level-7), Shimanto Square, Bir Uttam M. A. Rob Sarak (Road No. 2), Dhanmondi, Dhaka-1205, Bangladesh or contact any Branch/ Sub-Branch/ Agent Banking Outlet of the Bank
✆ Call Center: 16790, +8809666716790 (Overseas)
Telephone: +880 96 12999000, +880 96 10871000
Fax:
Bank Code:
SWIFT Code: SHMTBDDD
Email: information.desk@shimantobank.com
Website: www.shimantobank.com
