The banks established for specific and definite objectives and operate under particular acts but are not Scheduled Banks. These banks cannot perform all functions of scheduled banks. There are currently 6 non-scheduled banks in Bangladesh.
Non-Scheduled Banks in Bangladesh:
Non-scheduled banks in Bangladesh are financial institutions that do not fall under the definition of scheduled banks as per the Bank Company Act, 1991, and the Bangladesh Bank Order, 1972. These banks are established for special and specific objectives and operate under different acts. Non-scheduled banks do not perform all functions of scheduled banks and are not under the direct supervision of Bangladesh Bank for all activities. There are currently 6 non-scheduled banks in Bangladesh.
See also:
❏ Financial system in Bangladesh
- Ansar VDP Unnayan Bank: Ansar VDP Unnayan Bank is a specialized state-owned bank in Bangladesh, primarily focused on providing financial services to the members of the Ansar and Village Defence Party (VDP) and their families.
- Bangladesh Samabaya Bank Limited: Bangladesh Samabaya Bank Limited is a specialized bank in Bangladesh focused on promoting cooperative banking and financial inclusion.
- Grameen Bank: Grameen Bank is a pioneering microfinance institution in Bangladesh, known for its innovative approach to providing financial services to the rural poor.
- Jubilee Bank: Jubilee Bank is a private commercial bank in Bangladesh that offers a range of banking services to individuals, businesses, and institutions.
- Karmashangosthan Bank: Karmashangosthan Bank is a specialized bank in Bangladesh dedicated to providing financial services to support employment generation and skill development initiatives.
- Palli Sanchay Bank: Palli Sanchay Bank is a specialized state-owned bank in Bangladesh focused on providing financial services to rural communities.
Non-scheduled banks are typically established to serve specific sectors or purposes that may not be adequately addressed by scheduled banks. They focus on areas such as cooperative banking, microfinance, and development finance. These banks complement the services of scheduled banks by focusing on areas that require specialized attention and support.
