Rupali Bank

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Rupali Bank Limited
Public Limited Company
Industry Banking
Financial services
Founded 1972
Headquarters Dilkusha C/A, Dhaka, Bangladesh
Area served
Bangladesh & Overseas
Key people
Monjur Hossain (Chairman)
Mr. M. Farid Uddin (Managing Director)
Number of employees

Rupali Bank (Bengali: রূপালী ব্যাংক) is a commercial bank in Bangladesh. Rupali Bank Ltd. was constituted with the merger of 3 (three) erstwhile commercial banks i.e. Muslim Commercial Bank Ltd., Australasia Bank Ltd. and Standard Bank Ltd. operated in the then Pakistan on March 26, 1972 under the Bangladesh Banks (Nationalization) Order 1972 (P.O. No. 26 of 1972), with all their assets, benefits, rights, powers, authorities, privileges, liabilities, borrowings and obligations. Rupali Bank worked as a nationalized commercial bank till December13, 1986.

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

Present Capital Structure[edit]

Authorized Capital : Tk. 7000 million (US$ 120.70 million) Paid up Capital : Tk. 1250 million (US$ 21.55 million)

Break up of paid up Capital[edit]

Government shareholding : 93.11% Private shareholding : 06.89 %

Present Share Structure[edit]

Total Number of share (Each lot 10) : 1,25,00,000 Share Demated by shareholders as on 31.03.2010 : 749306

Financial Statement[edit]

please click on the download Financial Statement

Number of Branches[edit]

Rupali Bank operates through 543 branches. It is linked to its foreign correspondents all over the world.

Number of Zones and Corporate Offices[edit]

The Corporate Head Office of the Bank is located at Dhaka with one local office (Main Branch), four corporate branches at Dhaka, one in Chittagong and twenty-five zonal offices all over the country.

Number of Employees[edit]

The total number of employees is approx 6,500

Board of Directors[edit]

The Board of Directors is composed of eight members headed by a Chairman and directors who are representatives of both public and private sectors and shareholders.

Chief Executive[edit]

The Bank is headed by the Managing Director (Chief executive) who is a reputed professional Banker.

Core business of bank[edit]

Rupali Bank Limited operates the following services [1]:

  • General Banking
  • Corporate Banking
  • Project Finance
  • SME Finance
  • International Trade
  • Trade Finance
  • Foreign Exchange Dealing
  • Rural and Micro credit
  • Investment
  • Remittance

External links[edit]