Community Bank Bangladesh Limited

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Community Bank Bangladesh Limited is one of the newly approved Scheduled Banks of Bangladesh.[1] This bank is fully owned by Bangladesh Police Welfare Trust.[2] Masihul Huq Chowdhury is the CEO and Managing Director of the Bank.[3]

Community Bank Bangladesh Limited
TypeScheduled
IndustryBanking
Founded2019; 2 years ago (2019)
HeadquartersDhaka, Bangladesh
ProductsBanking services
Websitewww.communitybankbd.com

History[edit]

On 23 May 2018, Bangladesh Police Welfare Trust applied for a license from Bangladesh Bank to open a bank named Community Bank Bangladesh Limited. The trust is owned by Bangladesh Police. Bangladesh Bank approved the license application of the Bank in October 2018.[4] The Bank was officially listed on 4 November 2018.[5]

Community Bank Bangladesh Limited started its operation on 11 September 2019, inaugurated by the Prime Minister of Bangladesh Sheikh Hasina.[6][7][8]

References[edit]

  1. ^ "BB approves Community Bank". The Daily Star. Retrieved 1 November 2018.
  2. ^ http://www.banglanews24.com (29 October 2018). "Central bank approves Community Bank Bangladesh Ltd". banglanews24.com. Retrieved 11 April 2019.
  3. ^ "'Our aim is to provide credit small and medium sized enterprises and encourage entrepreneurship'". Dhaka Tribune. 6 February 2019. Retrieved 11 April 2019.
  4. ^ Harmachi, Abdur Rahim. "Bangladesh Bank gives police nod for Community Bank, rejects three other banks". bdnews24.com. Retrieved 11 April 2019.
  5. ^ "Community Bank Bangladesh of police becomes 59th scheduled bank". New Age. Retrieved 11 April 2019.
  6. ^ Press Information Department. "PM opens Community Bank Bangladesh". dhakatribune.com.
  7. ^ https://www.thedailystar.net/business/banking/news/pm-opens-community-bank-1798753
  8. ^ https://www.daily-sun.com/post/422562/2019/09/11/PM-inaugurates-Community-Bank-Bangladesh-Limited