The economy of Bangladesh is characterised as a developing market economy. It is the 37th largest in the world in nominal terms, and 31th largest by purchasing power parity. It is classified among the Next Eleven emerging market middle income economies and a frontier market. In the first quarter of 2019, Bangladesh's was the world's seventh fastest-growing economy with a rate of 8.3% real GDP annual growth. Dhaka and Chittagong are the principal financial centers of the country, being home to the Dhaka Stock Exchange and the Chittagong Stock Exchange. The financial sector of Bangladesh is the third largest in the Indian subcontinent. Bangladesh is one of the world's fastest- growing economies.
Chittagong, officially Chattogram, is a major coastal city and financial centre in southeastern Bangladesh. The city had a population of more than 8.7 million in 2017, making it the second-largest city in the country. It is the capital and administrative seat of an eponymous District and Division. The city is located on the banks of the Karnaphuli River between the Chittagong Hill Tracts and the Bay of Bengal. Modern Chittagong is Bangladesh's second most significant urban center after Dhaka.
Sonali Bank Limited is the principal state-owned leading public commercial bank in Bangladesh. It is the largest bank of the country.
The Chittagong Stock Exchange is a stock exchange based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange. Established in 1995, the exchange is located in the Agrabad business district in downtown Chittagong. It has a combined market capitalization of over US$ 38 billion as of 2020.
Prime Bank Limited is a private commercial bank in Bangladesh with its headquarters in Dhaka. With 146 branches and 170 ATM the bank has operation in corporate, consumer, MSME and sustainable banking.Prime Exchange Co. Pte Ltd., Singapore, PBL Exchange (UK) Limited, PBL Finance Limited, Prime Bank Foundation and Prime Bank Securities Limited are subsidiaries of the bank.
Dutch-Bangla Bank Limited (DBBL) is a bank in Bangladesh. DBBL is a scheduled joint venture private commercial bank between local Bangladeshi parties by M Sahabuddin Ahmed and a Dutch company FMO. DBBL was established under the Bank Companies Act 1991 and incorporated as a public limited company under the Companies Act 1994 in Bangladesh. DBBL commenced formal operation from June 3, 1996. The Bank is listed with the Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited.
The National Bank Limited is a private limited bank in Bangladesh. Choudhury Moshtaq Ahmed is the present Managing Director of the bank.
Eastern Bank Limited is a private commercial bank headquartered in Dhaka, Bangladesh. It was established on August 8, 1992, as a public limited company with limited liability under the Bank Companies Act of 1991. Its share are listed in the Dhaka Stock Exchange and the Chittagong Stock Exchange. The bank provides products and services in retail banking, corporate finance, asset management, equity brokerage and security. It has 85 branches and 214 ATMs in Bangladesh and employs around 3000 employees.
Dhaka Bank Limited is a private limited commercial bank in Bangladesh. Its headquarters are situated in Dhaka. Currently the bank has 100 branches and 3 SME Service Centers around the country.
BRAC Bank is a private commercial bank in Bangladesh, operated by the BRAC development organisation, focused on Small and Medium Enterprises (SME). The bank has its head office in Dhaka, Bangladesh. It has 187 branches, 18 Premium Banking lounges, 457 SME Unit Offices, 481 agent banking outlets, 375 ATMs, and 96 CDMs.
Power Grid Company of Bangladesh is a public limited company enlisted in Bangladesh at the Dhaka and Chittagong Stock Exchange. It is a company that owns and operates the power grid in Bangladesh. It is a subsidiary of Bangladesh Power Development Board.
Islami Bank Bangladesh Ltd. (IBBL) is an Islamic banking company based in Bangladesh. It became incorporated on 13 March 1983 as a public limited company under the Companies Act 1913. It has 36.91% local and 63.09% foreign shareholders. As of November 2019, IBBL has 350 branches including 59 AD Branches & 03 Offshore Banking Units as well as has more than 13,500 staffs. In addition to that, IBBL maintains its own 621 ATM Booths and 33 IDM, along with 6,000 shared ATM network across the country. IBBL mobilizes around 29% of the country remittance. In 2015, it serves US$3,903.21 million out of US$15,316.75 million of total country remittance. As such, IBBL is the largest private banking network in Bangladesh. When IBBL was established, it was the first bank in Southeast Asia to provide banking service based on Shariah. The bank is listed with both Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd.
Al-Arafah Islami Bank Limited is an Islamic bank in Bangladesh.
Salman Fazlur Rahman is a Bangladeshi businessman who is also a member of the Jatiya Sangsad. Currently, he is holding the rank of a cabinet minister and serving as the Private Industry and Investment Adviser to Honorable Prime Minister Sheikh Hasina. He was ranked 1685th on the list of billionaires in the world published by Beijing-based Hurun Gobal in 2017. He is the current vice chairman of Beximco Group, one of the largest conglomerates in Bangladesh. Since 2009, he has been serving as the private sector development affairs adviser to the Bangladesh Awami League President Sheikh Hasina. He was the president of several trade bodies including Association of Television Channel Owners (ATCO). In January 2019, he was appointed as Prime Minister Sheikh Hasina's adviser on private industry and investment.
Investment Corporation of Bangladesh (ICB) is a statutory corporation of Government of the People's Republic of Bangladesh, established on 1 October 1976 under No. 40 of Investment Corporation of Bangladesh Ordinance, 1976. It is mainly an investment bank operating in Bangladesh, established to accelerate the pace of industrialization and to develop a sound securities market in Bangladesh. ICB is one of the largest investors in share market of Bangladesh. Investing in share market, providing loans and advances, acting as manager/trustee/custodian of mutual funds are some of main activities of ICB. It's the most successful state-owned corporation of Bangladesh in terms of profitability. Classification of shareholders, as on 30 June 2013, shows that Government of the People's Republic of Bangladesh holds 27% of the shares of ICB and it is enlisted in Dhaka and Chittagong stock exchanges.
The City Bank Limited is a Bangladeshi private commercial bank headquartered in Dhaka.
The Premier Bank Limited (PBL) is a private commercial bank with its registered office in Banani, Dhaka, Bangladesh.
Shahjalal Islami Bank Limited (SJIBL) is a shariah compliant private commercial bank headquartered in Dhaka, Bangladesh.
