Rupali Bank PLC

Rupali Bank PLC is a state owned commercial bank in Bangladesh. Rupali Bank PLC was incorporated on 14 December 1986 under the Companies Act 1913. Its headquarters is at 34 Dilkusha, Dhaka. Rupali Bank was constituted with the merger of 3 (three) erstwhile commercial banks i.e. Muslim Commercial Bank Ltd., Australasia Bank Ltd. and Standard Bank Ltd. operated in the then Pakistan on March 26, 1972 under the Bangladesh Banks (Nationalization) Order 1972 (P.O. No. 26 of 1972), with all their assets, benefits, rights, powers, authorities, privileges, liabilities, borrowings and obligations.

Rupali Bank worked as a nationalized commercial bank till 13 December, 1986. When the Bank went public, the majority of the shares were still retained by the Government. Rupali Bank PLC emerged as the largest Public Limited Banking Company of the country on 14 December, 1986. Rupali Bank automated its foreign exchange services in January 1999. The bank established Rupali Investment PLC as a fully owned subsidiary (Rupali Bank Securities Limited & Rupali Investment Limited) in 2010.