Pubali Bank

Pubali Bank Limited
Private Commercial Bank
Traded as DSE: PUBALIBANK
Industry Banking
Predecessor Eastern Mercantile Bank, Pubali Bank
Founded 1959 (57 years ago)
Headquarters Dhaka, Bangladesh
Area served
 All Over Bangladesh
Key people

Mr. Habibur Rahman (Chairman)

Mr. Md. Abdul Halim Chowdhury (MD & CEO)
Products Retail Products, Consumer Loans, SME, Lease Financing, Trade Finance
Number of employees
 7204 (2016)
Website http://www.pubalibangla.com/

Pubali Bank Limited (Bengali: পূবালী ব্যাংক লিমিটেড) is the largest private commercial bank in Bangladesh. It has more branches than any other private bank in the country.[1][2] Habibur Rahman is the present chairman of the bank.[3][4][5]

Pubali Bank was started in East Pakistan as Eastern Mercantile Bank Limited in the year 1959 under Bank Companies Act 1913. After independence of Bangladesh in 1971 this Bank was nationalized under Bangladesh Bank's (nationalization) Ordinance and renamed as Pubali Bank. Subsequently, Pubali Bank was denationalized in the year 1983 as a private bank and renamed as Pubali Bank Limited.[2]

At Present, Pubali Bank is the largest private commercial bank having 465 branches and it has the largest real time centralized online banking network.

Business growth

Pubali Bank limited has achieved constantly about 20% growth for the last 6 (six) years. Following table summarizes the performance of the key financial indicators of the Bank. (Taka in Crore)

YearDepositAdvanceImportExportProfitClassified AdvancesRemittanceNPL
20098,846.647,420.336,049.382,473.96383.94219.003,525.002.96
20109,885.058,910.628,568.353,390.97548.50181.853,193.002.04
201112,380.5910,632.969,857.904,751.59548.02214.603,400.002.02
201215,041.8812,206.8510,812.035,900.48613.58615.964,123.995.05
201317,787.8213,694.059,738.046,948.44755.98813.613,894.765.94
201419,309.0214,997.459,751.697,707.13708.14937.764,354.176.25
201522,480.8617,312.5411,256.438,574.04733.41921.844,380.705.32
201624,727.8520,301.1212,185.208,676.41655.651,092.153,775.705.38

[6]

Divisions

The following divisions are currently in operation at the Pubali Bank's head office:

  1. Board Division & MD's Secretariat
  2. Human Resources Division
  3. Establishment Division
  4. Law Division
  5. International Division
  6. Credit Division
  7. Credit Administration, Monitoring & Recovery Division
  8. Consumers Credit Division
  9. Central Accounts Division
  10. ICT Operation Division
  11. Software Development Division
  12. Lease Financing Division
  13. Compliance Division
  14. Monitoring Division
  15. Audit & Inspection Division
  16. General Services and Development Division
  17. Research and Development Division
  18. Risk Management Division
  19. Islamic Banking Wing
  20. Card Division
  21. Treasury Division
  22. Marketing Division

References

  1. ↑ "Pubali Bank Limited - HISTORY OF THE PUBALI BANK LIMITED". Pubali Bank. Retrieved December 2, 2009.
  2. 1 2 "Pubali Bank Limited - Banglapedia". en.banglapedia.org. Retrieved 2016-05-09.
  3. ↑ "Pubali Bank elects new chairman". The Daily Star. 2016-05-02. Retrieved 2016-05-09.
  4. ↑ "Pubali Bank to expand horizon". The Daily Star. 2010-02-09. Retrieved 2016-05-09.
  5. ↑ "Pubali Bank gets new additional MD". The Daily Star. 2016-01-03. Retrieved 2016-05-09.
  6. ↑ https://www.pubalibangla.com/about.asp
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