Public banks in Bangladesh are financial institutions owned and operated by the government. These banks play a significant role in the country’s economy by providing a wide range of banking services to individuals, businesses, and government entities. They focus on promoting financial inclusion, supporting economic development, and implementing government policies.
Public Banks in Bangladesh:
There are a total of 11 public banks in Bangladesh, consisting of 3 specialized banks and 8 public commercial banks. These banks are fully or majorly owned by the Government of Bangladesh and provide comprehensive banking services across the country.
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❏ Banks in Bangladesh
- Agrani Bank PLC: Agrani Bank PLC is a prominent state-owned commercial bank in Bangladesh, offering a diverse range of banking services across the country.
- Bangladesh Development Bank PLC: Bangladesh Development Bank PLC is a state-owned specialized bank in Bangladesh that focuses on industrial financing and development projects to promote economic growth.
- Bangladesh Krishi Bank (BKB): Bangladesh Krishi Bank (BKB) is a specialized bank focusing primarily on the agricultural sector in Bangladesh.
- Citizens Bank PLC: Citizens Bank PLC is a private commercial bank in Bangladesh that aims to provide a wide range of banking services with a focus on customer satisfaction and financial inclusion.
- Janata Bank PLC: Janata Bank PLC is one of the largest state-owned commercial banks in Bangladesh, with extensive domestic and international operations.
- Probashi Kallyan Bank (PKB): Probashi Kallyan Bank (PKB) is a specialized financial institution in Bangladesh established to cater to the needs of expatriate Bangladeshis and their families.
- Pubali Bank PLC: Pubali Bank PLC is one of the largest private commercial banks in Bangladesh, offering a comprehensive range of financial services.
- Rajshahi Krishi Unnayan Bank (RAKUB): Rajshahi Krishi Unnayan Bank (RAKUB) is a specialized bank in Bangladesh dedicated to agricultural development in the Rajshahi and Rangpur divisions.
- Rupali Bank PLC: Rupali Bank PLC is a major state-owned commercial bank in Bangladesh that provides comprehensive banking services to individuals and businesses.
- Sonali Bank PLC: Sonali Bank PLC is the largest state-owned commercial bank in Bangladesh, providing a wide range of banking services to individuals, businesses, and institutions.
- Uttara Bank PLC: Uttara Bank PLC is one of the oldest and most prominent private commercial banks in Bangladesh. With a long history of serving the financial needs of individuals and businesses.
Public banks in Bangladesh are crucial for ensuring financial stability, promoting economic growth, and supporting the government’s development agenda. Their role in financial inclusion and development makes them key players in the country’s financial system.
