Pubali Bank
Pubali Bank (Bengali: পূবালী ব্যাংক) is a private commercial bank in Bangladesh. It has more branches than any other private bank in the country.[1]
[edit] History
Pubali Bank Limited was initially established in East Pakistan as Eastern Mercantile Bank Limited in 1959, under the Bank Companies Act of 1913. Bangladesh became independent in 1972 Eastern Mercantile Bank Limited was nationalized and renamed as Pubali Bank. The bank was denationalized in 1983, and was renamed as Pubali Bank Limited. The People's Republic of Bangladesh handed over all assets and liabilities of Pubali Bank to Pubali Bank Limited. Since then Pubali Bank Limited has been involved in Commercial Banking services as the largest bank in the private sector of Bangladeshhaving 400 branches.. Mr. Hafiz Majumder is the present Chairman of Pubali Bank.
[edit] References
- ^ "Pubali Bank Limited - HISTORY OF THE PUBALI BANK LIMITED". Pubali Bank. http://www.pubalibangla.com/Pubali/BkHistory.htm. Retrieved December 2, 2009.[self-published source?]
