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Janata Bank |
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Janata Bank |
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Janata Bank Limited, one of
the state owned commercial banks in Bangladesh. The Bank has a total asset
of Tk. 282423.00 million as on 30th November 2009. Immediately after the
emergence of Bangladesh in 1971, the erstwhile United Bank Limited and Union
Bank Limited were renamed as Janata Bank. On 15th November, 2007 the bank
has been corporatised and renamed as Janata Bank Limited.
Janata Bank Limited operates through 860 branches including 4 overseas
branches at United Arab Emirates. It is linked with 1202 foreign
correspondents all over the world. The Bank employs more than 13,000
peoples. The mission of the bank is to actively participate in the socio-
economic development of the nation by operating a commercially sound banking
organization, providing credit to viable borrowers, efficiently delivered
and competitively priced, simultaneously protecting depositors funds and
providing a satisfactory return on equity to the owners.
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It is a state owned
commercial bank and is catering the need of the mass business people and was
born with a new concept of purposeful banking sub serving the growing and
diversified financial needs of planned economic development of the country. |
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Janata Bank
Category : Public Commercial Bank
SWIFT Code : JANBBDDH
Address :
29, Dilkusha Commercial Area
Dhaka 1000
Bangladesh
Tel : 880 2 9558 423
Fax : 880 2 9564 644
Website : www.janatabank-bd.com |
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As the pioneer of states owned commercial bank in
Bangladesh, Janata Bank are dedicated to extend a whole range of quality
products that support divergent needs of people aiming at enriching their
lives, creating value for the stakeholders and contributing towards
socio-economic development of the country.
Bangladesh
Bank, as the central bank, has legal authority to supervise and regulate
all banks and non-bank financial institutions. Bank Company Act, 1991,
empowers
Bangladesh Bank to issue licenses to carry out banking business in
Bangladesh. Given some broad policy goals and objectives, it formulates and
implements monetary policy, manages foreign exchange reserves and lays down
prudential regulations and conduct monitoring thereof as they apply to the
entire banking system. The
Bangladesh
Bank has the power to impose penalties for non-compliance and also to
intervene in the management of a bank if serious problem arise. It also has
the delegated authority of issuing policy directives regarding the foreign
exchange regime. |
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