Shimanto Bank

Shimanto Bank Limited
Private Commercial Bank owned by BGB Welfare Trust Bangladesh
Industry Banking
Founded Dhaka, Bangladesh
Headquarters Dhaka, Bangladesh
Products Banking services
Consumer Banking
Corporate Banking
Investment Banking
Increase

Shimanto Bank is a schedule commercial bank in Bangladesh.[1][2] The bank was founded to provide financial services to the paramilitary Border Guards Bangladesh members and is run by the paramilitary.[3][4]

History

The bank was established in 21 July 2016 through an act of parliament and planned by Prime Minister Sheikh Hasina.Maj General Aziz Ahmed was the founder Chairman,Brig Gen Taufiqul Hasan Siddiquee was the Project Director, and Moklesur Rahman appointed as the first Managing Director and CEO of the bank.[5] The bank was designed to provided financial services to the marginalized population of the country as well as active and retired personals of Border Guards Bangladesh.[6].

The germination of the bank started on 20th December 2014 during BGB day Darbar (conference) where Honorable Prime Minister gave her verbal consent for raising the Bank. On 8th January 2015 formal Shimanto Bank establishment committee was formed and Brig Gen Taufiqul Hasan Siddiquee appointed as the Chairman of the committee by the DG, BGB. The first board of Directors were formed on 23rd March 2015. With the help of consultant Mr. Mashihur Rahman first draft business plan and required fee was deposited formally to Bangladesh Bank on 30th Apr 2015. On 20th December 2015 Governor Bangladesh Bank Mr.Atiar Rahman handed over the "letter of intent" to DG, BGB Maj Gen Aziz Ahmed in presence of Honorable PM Sheikh Hasina during BGB day. PM later on unveiled the logo and tag line of the bank "সীমাহীন আস্থা". Paid up capital was deposited to BB on 21 june 2016. Commencement of business certificate was issued by Registrar and joint stocks (RJSC)on 14th july 2016. Bangladesh Bank issued the license on 21 July 2016.

The Prime Minister inaugurates Shimanto Bank formally on 01 September 2016. Founder Chairman inaugurated the principal branch on 10 october 2016. The Director General of the Border Guards is the ex-officio chairman of the bank. Maj General Abul Hossain is the current Chairman of the bank.[7] ·

Branches

Principal Branch Address: Zigatala Rd, Dhaka 1205 2.Motijhil 3. Agrabad(ctg) 4.Lalmonirhat 01740981892 5. Satkania (ctg) 6. Sylhet 7. Cox s bazar 8. Teknaf 9. Bibirbazar(comilla) 10. Benapole (jessore) 11. Mymensingh 12. Seed store ( mymensingh) 13. Chapoknagar (b baria)

References

  1. ↑ "Keep children away from militancy: PM". The Daily Star. 1 September 2016. Retrieved 17 November 2016.
  2. ↑ "PM inaugurates Shimanto Bank". Prothom Alo. Retrieved 17 November 2016.
  3. ↑ "Hasina inaugurates Bangladesh border guards-run Shimanto Bank". bdnews24.com. Retrieved 17 November 2016.
  4. ↑ "Govt to start 'Village rationing' very soon". The Financial Express. Dhaka. Retrieved 17 November 2016.
  5. ↑ "PM opens 'Shimanto Bank' for BGB members". Dhaka Tribune. 1 September 2016. Retrieved 17 November 2016.
  6. ↑ "Shimanto Bank listed as scheduled bank". Dhaka Tribune. 11 August 2016. Retrieved 17 November 2016.
  7. ↑ "Maj Gen Abul Hossain appointed Border Guard Bangladesh chief". bdnews24.com. Retrieved 17 November 2016.


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