Sonali Bank PLC

Sonali Bank PLC is the principal state-owned leading public commercial bank in Bangladesh. It is the largest bank in the country. It was established in 1972 under the Bangladesh Banks (Nationalization) Order (Presidential Order-26), through the amalgamation and nationalization of the branches of National Bank of Pakistan, Bank of Bahawalpur, and Premier Bank branches located in East Pakistan until the 1971 Bangladesh Liberation War. The bank has been converted to a Public Limited Company with 100% ownership of the government and started functioning as Sonali Bank PLC from November 15, 2007 taking over all assets, liabilities and business of Sonali Bank.

As a fully state owned institution, the bank had been discharging its nation-building responsibilities by undertaking government entrusted different socio-economic schemes as well as money market activities of its own volition, covering all spheres of the economy. The corporate headquarter of the bank is located at Motijheel, Dhaka, Bangladesh, the main commercial center of the capital. Banks Authorized Capital: Tk. 6000.00 Crore and Paid up Capital: Tk. 4530.00 Crore. At present, SBPLC has 18,187 employees, 1232 branches (Foreign 2, Rural 695 & Urban 535), – sub-branches, – ATM Booths & – agent banking outlets across the country.