SBI Bangladesh (এসবিআই বাংলাদেশ) – SBI’s presence in the soil of Bangladesh dates back to 1862 when Bank of Bengal took over Dhaka Bank. Since then, with a brief interruption from 1962 to 1974, SBI through its Bangladesh Operations has been serving the people of Bangladesh. They recommenced their operations in 1975 by reopening our Dhaka Branch at Motijheel on 5th May, 1975 after the independence of Bangladesh.
Presently they are serving the nation through a network of 3 branches and 2 offshore Banking Units in Dhaka, Chittagong and Khulna. They are also facilitating the processing of Indian VISA through our Indian Visa Application Centre’s (IVACs) located at various places in Bangladesh. Their Bangladesh Operations is facilitating Indo-Bangla trade substantially. It is fully equipped with state-of-the-art Banking facilities which cater to retail & corporate banking including Forex, remittance and Treasury Operations.
Overview of SBI Bangladesh:
State Bank of India (SBI) Bangladesh is a prominent overseas operation of the State Bank of India, the largest bank in India. Established in Bangladesh in 1975, SBI Bangladesh has a long-standing presence in the Bangladesh. SBI Bangladesh operates through a network of branches in key locations, including Dhaka and Chattogram, providing a comprehensive range of banking products and services tailored to meet the needs of individuals, businesses, and institutions.
SBI Bangladesh offers various deposit accounts such as savings, current, and term deposits. They also provide personal loans, car loans, housing loans, and mortgage loans. Customers can access services like Visa debit cards, internet banking, and remittance facilities. Embracing modern technology, SBI Bangladesh offers internet banking services through platforms like YONO SBI Bangladesh, enabling customers to manage their accounts, transfer funds, and access various banking services online.
SBI Bangladesh operates under the regulations of Bangladesh Bank, adhering to the highest standards of compliance and governance to ensure secure and reliable banking services for its customers. For more detailed information about their services and offerings, you can visit their official website or contact their branches directly.
See also:
❏ Banks in Bangladesh
SBI Bangladesh at a glance: | |
| Bank Name | SBI Bangladesh (এসবিআই বাংলাদেশ) |
| Logo |  |
| Legal Status | Public Limited Company |
| Established | 1806 |
| Type | Private Bank |
| Category | Commercial Bank |
| Origin | Foreign Bank |
| No. of Branches | 6 |
| No. of ATM Booths | 6 |
| Off-Shore banking Unit | 2 |
| Address | SBI Bangladesh, Country Office: Navana Pristine Pavilion (12th Floor), 128, Gulshan Avenue, Circle-2, Dhaka–1212, Bangladesh |
| Call Center | |
| Telephone | +88 02-222289152, 8835601 |
| Fax | (+88-02) 222294526 |
| Bank Code | 220 |
| SWIFT Code | SBINBDDH |
| vpops.co.bd@statebank.com | |
| Website | www.sbibd.com |
| Service Hours | Business day (Sun ~ Thu) 10:00 am ~ 4:00 pm * (Fri ~ Sat) Closed |
| Services |
|
History of SBI Bangladesh:
State Bank of India Bangladesh, abbreviated as SBI Bangladesh, is a foreign bank operating in Bangladesh. It is the Bangladesh branch of the State Bank of India (SBI), an Indian multinational bank and financial services company. SBI is a state-owned institution headquartered at Nariman Point, Mumbai, Maharashtra. Globally, it ranks as the 49th largest bank by total assets and is the largest bank in India and South Asia. The origins of SBI trace back to the establishment of the first bank in the Indian subcontinent, the Bank of Calcutta, on June 2, 1806.
This institution was renamed the Bank of Bengal on January 2, 1809. In 1921, the Bank of Bengal merged with the Bank of Bombay and the Bank of Madras—collectively known as the Presidency Banks—to form the Imperial Bank of India. In 1955, the Imperial Bank of India was rebranded as the State Bank of India. Over the course of 200 years, SBI evolved through the amalgamation of more than 20 banks. In Bangladesh, SBI operates through three branches and two offshore banking units, offering a wide range of financial services to individuals, businesses, and institutions.
Services Offered by SBI Bangladesh:
The State Bank of India (SBI) Bangladesh offers a wide range of banking services to cater to individuals, businesses, and institutions, emphasizing both retail and corporate banking solutions. Here is an overview of its key services:
1. Retail Banking Services
- Deposit Products:
- Savings Accounts
- Current Accounts
- Fixed Deposits (Term Deposits)
- Loans:
- Personal Loans
- Home Loans
- Car Loans
- Mortgage Loans
- Remittance Services:
- Fast and reliable remittance solutions between Bangladesh and India.
- Digital Banking:
- Internet Banking
- Mobile Banking (via YONO SBI Bangladesh)
- Debit Cards (Visa-enabled)
2. Corporate Banking Services
- Trade Finance:
- Issuance of Letters of Credit (LCs).
- Bank Guarantees.
- Export and Import Financing.
- Working Capital Financing:
- Overdraft Facilities.
- Cash Credit.
- Term Loans:
- Long-term financing for capital expenditure and project financing.
- Foreign Exchange Services:
- Currency exchange and advisory services for businesses involved in international trade.
3. SME Banking
- Financing Solutions for Small and Medium Enterprises:
- Working capital loans.
- Trade financing.
- Project-based financing.
- Advisory Services:
- Business development support for SMEs.
4. NRI Services
- Specialized services for Non-Resident Indians (NRIs), including:
- Remittance services to India.
- Deposit accounts tailored for NRIs.
- Advisory support for NRIs managing finances in Bangladesh.
5. International Banking Services
- Facilitation of bilateral trade between India and Bangladesh.
- Support for cross-border investments and financial transactions.
- Efficient money transfer services.
6. Other Value-Added Services
- Locker Services: Secure storage for valuables.
- Zakat Calculation and Payments: Support for Islamic financial obligations.
- Customer Advisory Services: Tailored advice for both retail and corporate clients.
SBI Bangladesh ensures that its services comply with local regulations set by Bangladesh Bank while leveraging its global expertise to deliver quality banking solutions. For specific details, customers are encouraged to visit SBI Bangladesh’s official website or their nearest branch.
Contact
SBI Bangladesh, Country Office: Navana Pristine Pavilion (12th Floor), 128, Gulshan Avenue, Circle-2, Dhaka–1212, Bangladesh or contact any Branch/ Sub-Branch/ Agent Banking Outlet of the Bank
✆ Call Center:
Telephone: +88 02-222289152, 8835601
Fax: +88 02 222294526
Bank Code: 220
SWIFT Code: SBINBDDH
Email: vpops.co.bd@statebank.com
Website: www.sbibd.com
