Jubilee Bank
| Industry | Banking |
|---|---|
| Founded | Kushtia, Bangladesh |
| Headquarters | Kushtia, Bangladesh |
| Products | Banking services Consumer Banking Corporate Banking Investment Banking |
 | |
| Website | jubileebank |
Jubilee Banks is one of the oldest commercial banks in Bangladesh.[1]
History[]
Jubilee Bank was founded in 1913 in Khoksa, Kushtia. In 1988 the bank with permission from Bangladesh Bank was transformed into a commercial bank.[1] The bank gained some notoriety for having shares owned by Colonel Khandaker Abdur Rashid, Colonel Syed Farooq Rahman, Major Bazlul Huda. They were the convicted assassins of Sheikh Mujibur Rahman, President of Bangladesh.[2][3]
On 27 December 2020, Bangladesh Bank removed the Chairperson of the bank, Md. Shah Alam, and also dissolved the working committee of the bank. Following a High Court verdict, Bangladesh Bank started taking steps to liquidate Jubilee Bank.[4]
References[]
- ^ a b "Century old Jubilee Bank in Kushtia disarray". The Kushtia Times. Retrieved 22 November 2016.
- ^ "BB asked to confiscate bank shares of Bangabandhu killers". Dhaka Tribune. 3 October 2016. Retrieved 22 November 2016.
- ^ "Transfer of Farooq-Rashid's Jubilee Bank shares stopped". Dhaka Tribune. 22 November 2016. Retrieved 22 November 2016.
- ^ "Jubilee Bank, one of Bangladesh's oldest bank, is headed towards liquidation". Dhaka Tribune. 2020-12-30. Retrieved 2020-12-31.
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