Agrani Bank

From Wikipedia, the free encyclopedia

Agrani Bank Limited
TypePublic Limited Company
IndustryBanking, Financial services
Founded26 March 1972 (1972 -03-26)
Headquarters
Dhaka
,
Bangladesh
Number of locations
956 (2019)
Area served
Bangladesh
Key people
Dr Zaid Bakht (Chairman)[1]
ProductsFinance and insurance
Consumer Banking
Corporate Banking
Investment Banking
Investment Management
IncreaseUS$400 million (2019)
Total assetsIncreaseUS$10 billion (2019)
Number of employees
12,051 (2019)
Websitewww.agranibank.org

Agrani Bank Limited (ABL) (Bengali: অগ্রণী ব্যাংক) is a state-owned commercial bank of Bangladesh established in 1972. Its headquarters is situated at Motijheel in Dhaka, the capital city of Bangladesh.[2]

Chittagong University Branch, Hathazari

History[]

Agrani Bank Limited was established on 26 March 1972 by combining two abandoned Pakistani banks Commerce Bank and Habib Bank. The Bank is fully owned by the Government of Bangladesh.[2] Agrani Bank is governed by a Board of Directors consisting of 12 members headed by a Chairman.

As of 2009, the bank has 11 Circle offices, 34 Divisions in head office, 62 zonal offices and 941 branches including 27 corporate and 40 AD (authorized dealer) branches.[2] It has been corporatized on 15 November 2007 and emerged as Agrani Bank Limited (ABL) taking over assets, liability and goodwill of Agrani Bank.[3] The authorized capital of the Bank was Tk 8 billion. They are also the owners of Agrani Bank Cricket Club.

Controversy[]

In June 2016, Syed Abdul Hamid, the Managing Director of Agrani Bank was removed by Bangladesh Bank for providing 7.92 billion taka worth of loans against rules.[4] Deputy Managing Director Mizanur Rahman Khan was arrested by Anti Corruption Commission of Bangladesh.[4][5][6][7]

See also[]

References[]

  1. ^ "New Agrani Bank chairman Zaid Bakht to focus on internal audit". bdnews24.com. 18 November 2014.
  2. ^ Jump up to: a b c "Agrani Bank Limited - Banglapedia". en.banglapedia.org. Retrieved 28 July 2016.
  3. ^ "Agrani Bank Limited". BusinessWeek. Retrieved 5 October 2009.
  4. ^ Jump up to: a b "Agrani Bank MD axed for Tk 792cr loan irregularities". The Daily Star. 30 June 2016. Retrieved 28 July 2016.
  5. ^ "State-owned Agrani Bank's MD Syed Abdul Hamid sacked". bdnews24.com. Retrieved 28 July 2016.
  6. ^ "Agrani Bank acting MD arrested hours after taking charge". Business News 24 BD. Retrieved 28 July 2016.
  7. ^ "Agrani Bank boss arrested on first day of job". Dhaka Tribune. Retrieved 28 July 2016.

External links[]


Stub icon 1 Stub icon 2

This bank and insurance-related article is a stub. You can help Wikipedia by .

  • v
  • t
Retrieved from ""