Rupali Bank

Rupali Bank (Bengali: রূপালী ব্যাংক) is a state owned commercial bank in Bangladesh.[1][2][3]

For the former bank in Pakistan, see Summit Bank.

Rupali Bank Limited
Public Limited Company
Traded asDSE: RUPALIBANK
IndustryBanking
Financial services
Founded1972 (1972)
Headquarters
Dhaka
,
Bangladesh
Number of locations
565
Area served
Bangladesh & Overseas
Key people
  • Monjur Hossain (Chairman)
  • Ataur Rahman Prodhan (Managing Director)
ProductsBanking services, ATM services, Corporate Banking
Investment Banking Mobile Banking
Number of employees
5150+
Websiterupalibank.org

History

Rupali Bank Limited was constituted with the merger of 3 erstwhile commercial banks i.e. Muslim Commercial Bank Limited, Australasia Bank Limited and Standard Bank Limited which operated in the then East Pakistan on March 26, 1972 under the Bangladesh Banks (Nationalization) Order 1972. Rupali Bank worked as a nationalized commercial bank till December 13, 1986. When the Bank went public but the majority of the shares are still retained by the Government.[4]

Rupali Bank Ltd. emerged as the largest Public Limited Banking Company of the country on December 14, 1986.

References
  1. "Four banks hostage to top loan defaulters". Retrieved 28 July 2016.
  2. "State banks run on tax money". Retrieved 28 July 2016.
  3. "State banks to get Tk3,000cr less to meet capital shortfall | Dhaka Tribune". www.dhakatribune.com. Retrieved 28 July 2016.
  4. "Rupali Bank Limited - Banglapedia". en.banglapedia.org. Retrieved 24 May 2016.


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