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Bangladesh Bank

 

Bangladesh Bank Logo

Bangladesh Bank (BB), the central bank and apex regulatory body for the country's monetary and financial system, was established in Dhaka on 1971. The commercial banking system dominates Bangladesh's financial sector. Bangladesh Bank is the Central Bank of Bangladesh and the chief regulatory authority in the sector.

 
 

Like all other central banks across the globe,  is both the Government’s banker and the banker’s bank, a 'Lender of the Last Resort'. Bangladesh Bank, like most of the central banks of different countries, exercises monopoly over the issue of currency and the banknotes.

Bangladesh Bank as the central bank of Bangladesh executes all the functions that a central bank traditionally performs as elsewhere in the world. BB performs all the core functions of a typical monetary and financial sector regulator, and a number of other non core functions. The major functional areas include :


    Formulation and implementation of monetary and credit policies;
    Regulation and supervision of banks and non-bank financial institutions, promotion and development of domestic financial markets;
    Management of the country's international reserves;
    Issuance of currency notes;
    Regulation and supervision of the payment system;
    Acting as banker to the government;
    Money Laundering Prevention;
    Collection and furnishing of credit information;
    Implementation of the Foreign exchange regulation Act; and
    Managing a Deposit Insurance Scheme.
 
In achieving the functions as mentioned above, the Bank commits itself to providing effective support functions through a sound banking and financial control system, appropriate information system and the development of competent and qualified staff.
 

Bangladesh Bank HQ Location Map

Bangladesh Bank
HQ Address: Dhaka
Bangladesh
Telephone: +880 2 9550 773
Facsimile: +880 2 9566 212
Website: www.bb.org.bd
SWIFT Code: BBHOBDDH
Currency: Taka
Banking Hours:
Monday - Friday 9.00am - 5.00pm
 

 

The financial system of Bangladesh consists of Bangladesh Bank (BB) as the central bank, 4 State Owned Commercial Banks (SCB), 4 government owned specialized banks, 30 domestic private banks, 9 foreign banks and 29 non-bank financial institutions. Moreover, MRA has given license to 298 Micro-credit Organizations. The financial system also embraces insurance companies, stock exchanges and co-operative banks. At present it has nine offices located at Motijheel, Sadarghat, Chittagong, Khulna, Bogra, Rajshahi, Sylhet, Barisal and Rangpur in Bangladesh.
 
 

List of banks governed by the Bangladesh Bank
State-owned Specialized Banks
» Bangladesh Krishi Bank » Bangladesh Shilpa Bank (BSB) » Bangladesh Shilpa Rin Sangstha (BSRS)
» Rajshahi Krishi Unnayan Bank » Karmasangsthan Bank » Bangladesh Development Bank Limited
State-owned Commercial Banks
» Sonali Bank » Janata Bank » Rupali Bank
» Agrani Bank
Private Commercial Banks (Local)
» AB Bank Limited » EXIM Bank Limited » The City Bank Ltd
» Al-Arafah Islami Bank Limited » First Security Islami Bank Limited » Premier Bank Limited
» Bangladesh Commerce Bank Limited » ICB Islamic Bank Ltd » Prime Bank Ltd
» Bank Asia Limited » IFIC Bank Limited » Pubali Bank Limited
» BASIC Bank Limited » Islami Bank Bangladesh Ltd » Shahjalal Islami Bank Limited
» BRAC Bank Limited » Jamuna Bank Ltd » Social Islami Bank Ltd
» Dhaka Bank Limited » Mercantile Bank Limited » Southeast Bank Limited
» Dutch-Bangla Bank Limited » Mutual Trust Bank Limited » Standard Bank Limited
» National Credit & Commerce Bank » National Bank Limited » Trust Bank Limited
» Uttara Bank Limited » One Bank Limited » United Commercial Bank Limited
Private Commercial Banks (Foreign)
» Bank Alfalah Limited » Citibank N.A » Commercial Bank of Ceylon Limited
» Habib Bank Ltd » HSBC Bank » National Bank of Pakistan
» Standard Chartered Bank » State Bank of India » Woori Bank

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