Pubali Bank

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Pubali Bank Limited
Private Commercial Bank
Traded asDSEPUBALIBANK
IndustryBanking
PredecessorEastern Mercantile Bank, Pubali Bank
Founded1959 (60 years ago)
Headquarters
Dhaka
,
Bangladesh
Area served
All Over Bangladesh
Key people
Mr. M. Azizul Huq (Chairman) Mr. Md. Abdul Halim Chowdhury (MD & CEO)
ProductsRetail Products, Consumer Loans, SME, Lease Financing, Trade Finance
Number of employees
7204 (2016)
Websitehttp://www.pubalibangla.com/

Pubali Bank Limited (Bengali: পূবালী ব্যাংক লিমিটেড) is the largest private commercial bank in Bangladesh. It has more branches than any other private bank in the country.[1][2] Mr. M. Azizul Huq is the present chairman of the bank.[3][4][5]

Pubali Bank was started in East Pakistan as Eastern Mercantile Bank Limited in the year 1959 under Bank Companies Act 1913. After independence of Bangladesh in 1971 this Bank was nationalized under Bangladesh Bank's (nationalization) Ordinance and renamed as Pubali Bank. Subsequently, Pubali Bank was denationalized in the year 1983 as a private bank and renamed as Pubali Bank Limited.[2]

At Present, Pubali Bank is the largest private commercial bank having 465 branches and it has the largest real time centralized online banking network.

Business growth[edit]

Pubali Bank limited has achieved constantly about 20% growth for the last 6 (six) years. Following table summarizes the performance of the key financial indicators of the Bank. (Taka in Crore)

Year Deposit Advance Import Export Profit Classified Advances Remittance NPL
2009 8,846.64 7,420.33 6,049.38 2,473.96 383.94 219.00 3,525.00 2.96
2010 9,885.05 8,910.62 8,568.35 3,390.97 548.50 181.85 3,193.00 2.04
2011 12,380.59 10,632.96 9,857.90 4,751.59 548.02 214.60 3,400.00 2.02
2012 15,041.88 12,206.85 10,812.03 5,900.48 613.58 615.96 4,123.99 5.05
2013 17,787.82 13,694.05 9,738.04 6,948.44 755.98 813.61 3,894.76 5.94
2014 19,309.02 14,997.45 9,751.69 7,707.13 708.14 937.76 4,354.17 6.25
2015 22,480.86 17,312.54 11,256.43 8,574.04 733.41 921.84 4,380.70 5.32
2016 24,727.85 20,301.12 12,185.20 8,676.41 655.65 1,092.15 3,775.70 5.38

[6]

Divisions[edit]

The following divisions are currently in operation at the Pubali Bank's head office:

  1. Board Division & MD's Secretariat
  2. Human Resources Division
  3. Establishment Division
  4. Law Division
  5. International Division
  6. Credit Division
  7. Credit Administration, Monitoring & Recovery Division
  8. Consumers Credit Division
  9. Central Accounts Division
  10. ICT Operation Division
  11. Software Development Division
  12. Lease Financing Division
  13. Compliance Division
  14. Monitoring Division
  15. Audit & Inspection Division
  16. General Services and Development Division
  17. Research and Development Division
  18. Risk Management Division
  19. Islamic Banking Wing
  20. Card Division
  21. Treasury Division
  22. Marketing Division

References[edit]

  1. ^ "Pubali Bank Limited - HISTORY OF THE PUBALI BANK LIMITED". Pubali Bank. Retrieved December 2, 2009.[self-published source?]
  2. ^ a b "Pubali Bank Limited - Banglapedia". en.banglapedia.org. Retrieved 2016-05-09.
  3. ^ ""M. Azizul Huq elected Chairman of Pubali Bank Ltd."". Pubali Bank Limited. 2019-05-20. Retrieved 2019-05-26.
  4. ^ "Pubali Bank to expand horizon". The Daily Star. 2010-02-09. Retrieved 2016-05-09.
  5. ^ "Pubali Bank gets new additional MD". The Daily Star. 2016-01-03. Retrieved 2016-05-09.
  6. ^ https://www.pubalibangla.com/about.asp