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Bangladesh Commerce Bank

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Bangladesh Commerce Bank Limited
Company typePrivate (Non-Government)
IndustryBanking
FoundedDhaka, Bangladesh
HeadquartersDhaka, Bangladesh
Key people
Arastoo Khan[1]
ProductsBanking services
Consumer Banking
Corporate Banking
Investment Banking
Increase
WebsiteBangladesh Commerce Bank Limited

Bangladesh Commerce Bank Limited is a private sector commercial bank in Bangladesh.

History

The Bank can trace its origins to the former Bangladesh Commerce and Investment Limited was set up on 27 January 1986.[2] It was a non-bank financial institution. In April 1992 its activities were suspended by Bangladesh Bank due to a liquidity crises.[2] To protect the banking sector, the employees and customers of the firm it was changed into a bank by Bangladesh Bank.[2] Bangladesh Commerce Bank Limited was incorporated on 1 June 1998.[2]

Robbery

A branch of the bank was robbed in Ashulia, Bangladesh on 21 April 2015. 9 people including the bank manager were killed.[3] One of the robber was killed and 2 were captured out of an estimated 8-9 robbers.[4] The attack was blamed on Islamic militants. 6 members Jama’atul Mujahideen Bangladesh (JMB) and Ansarullah Bangla Team were sentenced to death in the case and others were imprisoned.[5][3][6]

References

  1. ^ "BCBL". www.bcblbd.com. Retrieved 20 September 2016.
  2. ^ a b c d "Bangladesh Commerce Bank Limited - Banglapedia". en.banglapedia.org. Retrieved 20 September 2016.
  3. ^ a b "Cops suspect militant link". The Daily Star. 22 April 2015. Retrieved 20 September 2016.
  4. ^ "6 militants given death for 2015 Ashulia bank heist". The Daily Star. 31 May 2016. Retrieved 20 September 2016.
  5. ^ "'Ansarullah Bangla' man held over Ashulia bank heist". The Daily Star. 5 May 2015. Retrieved 20 September 2016.
  6. ^ "8 killed in Ashulia bank robbery | Dhaka Tribune". Dhaka Tribune. Archived from the original on 18 November 2016. Retrieved 20 September 2016.