Assignment

On Laws & Banking Practice

Topic: Functions of Banking System in Bangladesh. Submitted to : Nipa Saha Faculty Member School Of Business State University of Bangladesh.

Submitted by :
1. Md. Habibur Rahman. ID : UG01-13-06-083 2. Md. Rafiul Islam. ID : UG01-19-08-045 3. Tasnuva Mahbub. ID : UG01-17-08-057 4. Syeda Sharmina Asad. ID : UG01-19-08-043 5. Farjana Haque Ema. ID : UG01-19-08-060

Submission date : 10 February2012

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Introduction:
The commercial banking system dominates Bangladesh's financial sector. Bangladesh Bank is the Central Bank of Bangladesh and the chief regulatory authority in the sector. The banking system is composed of four state-owned commercial banks, five specialized development banks, thirty private commercial Banks and nine foreign commercial banks. The Nobel-prize winning Grameen Bank is a specialized micro-finance institution, which revolutionized the concept of micro-credit and contributed greatly towards poverty reduction and the empowerment of women in Bangladesh.

Functions of Banking System in Bangladesh:

Central Bank

Nationalised Bank/State owned Bank

Private Bank

Specialised Bank

Local Private Bank

Foreign Bank

Central Bank

Bangladesh Bank

Pursuant to Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka branch of the State Bank of Pakistan as the central bank of the country, and named it Bangladesh Bank with retrospective effect from 16 December 1971.

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State-owned Commercial Banks

The banking system of Bangladesh is dominated by the 4 Nationalized Commercial Banks In which 3 is totally controlled by government and 1 (Rupali Bank) bank is controlled by both government and private sector. , which together controlled more than 54% of deposits and operated 3388 branches (54% of the total) as of December 31, 2004. The nationalized commercial banks are: Nationalized Commercial Bank of Bangladesh:

Sonali Bank Agrani Bank Rupali Bank Janata Bank

Private Commercial Banks

Private banks are the highest growth sector due to the dismal performances of government banks (above). They tend to offer better service and products. 1. Mutual Trust Bank Limited 2. BRAC Bank Limited 3. Eastern Bank Limited 4. Dutch Bangla Bank Limited 5. Dhaka Bank Limited 6. Islami Bank Bangladesh Ltd 7. Uttara Bank Limited 8. Pubali Bank Limited 9. IFIC Bank Limited 10. National Bank Limited 11. The City Bank Limited 12. NCC Bank Limited 13. Prime Bank Limited 14. Southeast Bank Limited 15. Al-Arafah Islami Bank Limited 16. Social Islami Bank Limited 17. Standard Bank Limited 18. One Bank Limited 19. Exim Bank Limited 20. Bangladesh Commerce Bank Limited 21. First Security Islami Bank Limited 22. The Premier Bank Limited 23. Bank Asia Limited
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24. Trust Bank Limited 25. Shahjalal Islami Bank Limited 26. Jamuna Bank Limited 27. ICB Islami Bank 28. AB Bank 29. Marcantile Bank Limited 30. United Commercial Bank Limited

Foreign Commercial Banks

1. 2. 3. 4. 5. 6. 7. 8. 9.

Citibank. HSBC. Standard Chartered Bank Commercial Bank of Ceylon State Bank of India Habib Bank Limited National Bank of Pakistan Woori Bank Bank Alfalah

Specialized Development Banks

Out of the specialized banks, two (Bangladesh Krishi Bank and Rajshahi Krishi Unnayan Bank) were created to meet the credit needs of the agricultural sector while the other two ( Bangladesh Shilpa Bank (BSB) & Bangladesh Shilpa Rin Sangtha (BSRS) are for extending term loans to the industrial sector. The Specialized banks are:
1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Bangladesh Krishi Bank Karmasangsthan Bank Rajshahi Krishi Unnayan Bank Progoti Co-operative Landmortgage Bank Limited (Progoti BanK) Grameen Bank The Dhaka Mercantile Co-operative Bank Limited (DMCBL) Bangladesh Development Bank Ltd Bangladesh Somobay Bank Limited(Cooperative Bank) Ansar VDP Unnyan Bank BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Limited).

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State-owned Commercial Banks With their details

1. Sonali Bank :

Head Office : Sonali Bank Limited , 35-42,44 Motijheel Commercial Area, Dhaka-1000, Bangladesh. PABX :9550426-31, 33, 34, 9552924, Fax: 88-02-9561410, 88-02-9552007, Telex : 642644 SBD/BJ, 642824 SBD/BJ, E-mail : sbhoid@bdmail.net, SWIFT : BSONBDDH

2. Agrani Bank :

Head Office 9D Dilkusha Commercial Area Dhaka-1000 PBX Range: 9566153-54 9566160-69,9566074-75 Fax: (+8802) 956 2346, 956 3662 E-mail:agrani@agranibank.org

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3. Janata Bank :

Janata Bank Limited

Head Office

29, Dilkusha Commercial Area, Dhaka-1000. Bangladesh. Phone: +880-2-9558423

4. Rupali Bank :

Head Office 34, Dilkusha Commercial Area, Dhaka-1000, Bangladesh. Phone: +880-2 -9551624-25, 9554122, 9552163, 9552183

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Private Commercial Banks with details :

1. Brac Bank ltd.

3. Dutch-Bangla Bank Limited

Head Office 1 Gulshan Avenue, Gulshan, Dhaka 1212 Bangladesh Phone: +880-2-885 920 Your trusted partner Head Office Sena Kalyan Bhaban,195, Motijheel C/A. Dhaka Bangladesh 2. Eastern Bank ltd. 4. Dhaka Bank ltd.

Excellence banking Head Office Biman Bhaban (1st Floor). 100, Motijheel C/A, Dhaka - 1000, Bangladesh Head Office Jiban Bima Bhaban, 10, Dilkusha C/A, Dhaka Bangladesh

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5. Islamic Bank Bangladesh Limited

8. Southeast Bank Ltd.

Head Office Head Office Islami Bank Tower 40, Dilkusha C/A Dhaka - 1000, Bangladesh. Telephone : (02) 9563040 (Auto Hunting), 9560099, 6. Uttara Bank ltd Eunoos Trade Center 52-53, Dilkusha, Commercial Area, (Level 2, 3, 4 & 16) Dhaka - 1000, Bangladesh Phone: +880-2-9571115, 7160866, 9555466, 7173793

9. AB Bank ltd.

Head Office Uttara Bank Bhaban 47, Bir Uttom Shahid Ashfaq-us-samad Road, 90 Motijheel Commercial Area, P.O. Box No. 217 & 818, Dhaka-1000, Bangladesh. Phone: +880-2-9551162-3, 9553085-6, 9558656, 9566067-9 7. Prime Bank Limited.

Head Office Corporate Office: BCIC Bhaban, 30-31 Dilkusha C/A, Dhaka 1000, Bangladesh, GPO Box: 3522 Phone: +88-02-9560312

10. NCC Bank Ltd.

Head Office Adamjee Court Annexe Building-2,119-120, Motijheel Commercial Area, Dhaka - 1000, Bangladesh. Phone: +880-2-95672
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7-8, Motijheel C/A, Dhaka - 1000, Bangladesh PABX: 9561902-4, 9566283, 9563981-3 Fax: 880 2 9566290 Cable: NATCREDIT DHAKA e-mail: nccbl@bdmail.net Telex: 642821 NCL BJ

11. IFIC Bank ltd.

14. United Commercial Bank Ltd HEAD OFFICE, Bulus Center Plot - CWS(A)-1Road No - 34 Gulshan Avenue, Dhaka-1212 Phone: +88-02-8852500 Fax: +88-02-8852500-6000 +88-02-8852504 E-Mail: info@ucbl.com

Head Office BSB Building (8th - 10th & 16th 19th Floor), 8, Rajuk Avenue G.P.O. Box 2229, Dhaka-1000 Bangladesh Phone: +880-2-9563020, 9562060, 9562062, 9562068

15. Trust Bank

Everywhere, All The Time ,For Everyone. Head Office, Peoples Insurance Bhaban36, Dilkusha C/A (2nd, 16th & 17th Floor), Dhaka-1000 Tel: 9570261, 9570263, 9572012-3Fax: 880-2-9572315 Email: info@trustbanklimited.com , 16. SOCIAL ISLAMI BANK LIMITED

12. City Bank ltd.

13. The City Bank Limited

United we achieve. Head Office: City Bank Center 136, Gulshan Avenue, Gulshan-2 Dhaka-1212, Bangladesh Hunting numbers: 02 8813483, 8814375, 8813126 Fax: 02 9884446 Year of image building and consolidation of business. 103, Motijheel Commercial Area Dhaka-1000 Bangladesh Phone : 9061001122 SWIFT : SOIVBDDH E-mail : info@sibl-bd.com

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17. ONE BANK

20. Standard Bank Limited

WE MAKE THINGS HAPPEN HRC Bhaban, 46 Kawaran Bazar C/A, Dhaka Phone : (PABX) 8122046 Fax : 88 02 9134794 E-mail : obl@onebankbd.com http://www.onebankbd.com 18. Shahjalal Islamic Bank Limited Setting a new standard in banking. Head Office, Metropolitan Chamber Building (3rd Floor) 122-124 Motijheel C/A, Dhaka-1000, Bangladesh PABX: 8802-7175698, 7169134, 9558375 Fax: 880-27176367 21. The Premier Bank Limited

Jiban Bima Bhaban, 4th Floor 10 Dilkusha C/A Dhaka-1000, Bangladesh. Phone : + 88 02 9570812, + 88 02 7160591 Fax : + 88-02-9553562 Save the nature, Save the world. 19. ICB Islamic Bank Limited Head Office IQBAL CENTRE (4th Floor) 42 Kemal Ataturk Avenue, Banani, Dhaka1213 Tel : 880-2-9887581-84, 8811417 A member of ICB Financial Group Holding AG. Head Office : ICB Islamic Bank Ltd. Head Office, T.K. Bhaban (15th floor), 13 Kazi Nazrul Islam Avenue Kawran Bazar, Dhaka -1215 Bangladesh Tel : 9143361-5 FAX : +8802 9111994 Hotline: 88 01841 242 242 Email : enquiry@icbislamic-bd.com 22. PUBALI BANK LIMITED

Climbed up a traditional stairs to improve Economy. Head Office, 26 , Dilkusha Commercial Area, Dhaka - 1000, Bangladesh. G . P . O. Box. Number : 853.

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23. National Bank Limited

26. Jamuna Bank Limited

A bank for performance with potential. Head Office 18 Dilkusha Commercial Area, Dhaka, Bangladesh Phone :88-02-956-3081,88-02-966-6584 Fax :88-02-956-3953, 88-02-966-9404 SWIFT :NBLBBDDH email :ho@nblbd.com 24. Mutual Trust Bank Ltd. (MTB) Your partner for growth. Head Office 3, Dilkusha C/A, Dhaka - 1000, Bangladesh , Telephone : 880 (2) 9570912, 9555141 Ext. 130 Fax : 880 (2) 9565762 SWIFT : JAMUBDDH Branch & SME Network Website : Jamuna Bank Limited 27. IFIC Bank Bangladesh Limited You can bank on us. Head Office MTB Centre, 26 Gulshan Avenue Plot 5, Block SE(D), Gulshan 1, Dhaka 1212, Bangladesh. 25. Mercantile Bank Limited

Your satisfaction first. Head Office, BDBL Building (8th - 10th & 16th 19th Floor) 8, Rajuk Avenue G.P.O. Box 2229 Dhaka1000 Bangladesh Telephone : 9563020, 9562060, 9562062, 9562068 Fax : 880-2-9562015 880-2-7161644 Swift: IFIC BD DH E-mail: info@ificbankbd.com

Head Office 61, Dilkusha Commercial Area Dhaka-1000, Bangladesh. Phone : +88-02-9559333, 9553892, 9561140 Fax : +88-02-9561213 E-mail : mbl@bol-online.com Website: www.mblbd.com

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28. Islami Bank Bangladesh Limited

30. Export Import Bank of Bangladesh Ltd. ( EXIM Bank )

Based on Islami Shariah. Head Office,Islami Bank Tower 40, Dilkusha C/A Dhaka - 1000, Bangladesh. GPO Box no. 233 Telephone : (02) 9563040(Auto Hunting), 9560099, 9567161,9567162, 9569417 Fax : 880- 2- 9564532, 880 -2- 9568634 SWIFT : IBBLBDDH Website : Islami Bank Bangladesh 29. First Security Islami Bank Ltd.

Shariah Based Islami Bank. HEAD OFFICE "SYMPHONY" Plot # SE (F): 9, Road # 142 Gulshan Avenue, Dhaka- 1212 Phone: 880-2-9889363, 9891489 Fax: 880-2-8828962

SMEs and Nations Growing Together. Head Office : First Security Islami Bank Ltd. 23, Dilkusha Commercial Area Dhaka-1000, Bangladesh Telephone: 9560229(Hunting), 9550334, 7171029-30 Fax: 880-2-9561637 E-mail: info@fsiblbd.com Swift Address: FSEBBDDH Website : www.fsiblbd.com

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Foreign Commercial Banks with details :

Dhaka-1212, Bangladesh Hunting numbers: 02 8813483, 8814375, 8813126 Fax: 02 9884446

1. Standard Chartered Bank. 4. Commercial Bank of Ceylon

Head Office Funds for Your Future. 67 Gulshan Avenue, Gulshan, Dhaka 1212, Bangladesh Phone: +880-2-8833003-4, 01819 399999, (02) 896 1151
Corporate Branch and Head Office: Commercial Bank of Ceylon PLC, Hadi Mansion, 2 Dilkusha C/A, Dhaka- 1000.Telephone : +8802-7114125 Fax : 9565707, 9566574 SWIFT Code - Bangladesh : CCEYBDDH E-mail : email@combankbd.com 5. State Bank of India

2. HSBC.

The worlds local bank Head Office Anchor Tower, 108 Bir Uttam C R Dutta, Dhaka 1205, Bangladesh Phone: 1199884722
With you-all the way.

PO Box No.981, 24-25 Dilkusha Commercial Area, Dhaka 1000, Bangladesh Phone: +880 2 9563992 Fax: +880 2 9563991 http://www.statebankofindia.com

3. Citibank

Making sense of money.

Head Office: City Bank Center 136, Gulshan Avenue, Gulshan-2

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6. Habib Bank Limited

9. Bank Alfalah

Power To Lead

Lets Look Ahead Towards a Brighter Future

Head Office, South Avenue Tower, 7 Gulshan Avenue, (1st floor) Gulshan 1, Dhaka 1212.Bangladesh Website http://www.hbl.com 7. National Bank of Pakistan

5,Rajuk Avenue, Motijheel CA, Dhaka, Bangladesh PABX: 00880-2-7168821-05 Fax: 00880-2-9557413 http://www.bankalfalah.com

"Your Premier Bank"

79, Motijheel Commercial Area, Dhaka 1000, Bangladesh Tel: 880-295-60248-9 Fax: 880-295-60247 Telex: 632393 NBP-BJ Email: nbp@agni.com http://www.nbp.com.pk
8. Woori Bank

A Peoples Bank with a Mission. Address NAVANA TOWER, 14thFL, 45 Gulshan South Avenue, Gulshan -1. Dhaka 1212, Bangladesh Tel 8802-881-3270~3

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Specialized Development Banks

Bank Name 1. Bangladesh Krishi Bank Address of Banks Logo Head Office, Krishi Bank Bhaban83-85 Motijheel Commercial Area Dhaka 1000, Bangladesh HeadOffice, 272, Bonalata C/A, Airport Road Rajshahi, Bangladesh Tel: (880)721-862454 Fax: (880)721-862456 Email:dgmcd@rakub.org.bd Elora Complex, Main Road, Kapasia Bazar, Gazipur-1730 Gazipur, Bangladesh Slogan One of the largest states organizations for removing poverty. Write, read and make savings.

2. Rajshahi Krishi Unnayan Bank

3. Progoti Cooperative Landmortgage Bank Limited (Progoti BanK)

Our Bank Our Development

4. Grameen Bank

5. The Dhaka Mercantile Cooperative Bank Limited (DMCBL)

6. Bangladesh Development Bank Ltd

Grameen Bank Bhaban Mirpur - 2, Dhaka -1216 Bangladesh Phone : (880-2) 8011138 Fax : (880-2) 8013559 Email : grameen.bank@grameen.net Head Office Address: 19 Indira Road Farmgate, Tejgaon, Dhaka1215. Phone: 8129438, 8128507, 8128050 Email: info@dmcbl.com Adderss : Head Office, 8, Rajuk Avenue Dhaka-1000, Bangladesh.. Telephone No : +9563476 Fax No : +88-02-9562061 Hotline : 000-00000000 E-mail : md@bdbl.com.bd Sales : you@yourdomain.com Support : you@yourdomain.com Website URL :

Bank for the poor.

Marches with Time.

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7. Ansar VDP 8.Unnyan Bank

http://www.bdbl.com.bd Contact AV HQs Ansar & VDP Headquarters Khilgaon, Dhaka-1219 Control Room Phone: 88 02 7214931-2 PABX : 88 02 7214951-6 Control Room Fax : 88 02 7214959 Email : info@ansarvdp.gov.bd Website : www.ansarvdp.gov.bd HEAD OFFICE Sena Kalyan Bhaban (5th Floor) 195 Motijheel C/A, Dhaka1000 Tel: 880-2-9568190, 9564830, 7175691, 7175692, 9556616 Tel (ICT Division): 9562960, 9555087 Fax: 88-02-9564829, 7115612, 7124911, 7125653 SWIFT: BKSIBDDH Branch Code: 01 E-mail: basicho@citechco.net

Digital Bangladesh : Ansar-VDP Initiatives

9. BASIC Bank Limited

Serving people for progress.

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