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Diary of Events & Brief Profile
General Information
Certificate of Incorporation March 12, 1995
Certificate of Commencement of Business March 12, 1995
Bangladesh Bank license March 23, 1995
First Branch opened May 25, 1995
Dividend offered in 2001 30%
Dividend offered in 2002 20%
Number of Branches 23 as on 31/12/2003
Number of Employees 701 as on 31/12/2003
Global Correspondents 350 as on 31/12/2003
Listing of Shares DSE & CSE
Financial Stability (Taka in million)
Authorised Capital 2,500.00
Paid-up Capital (Subscribed by sponsors in 1995) 100.00
Paid-up Capital and Reserve in 1996 116.40
in 1997 171.43
in 1998 235.13
in 1999 445.70
in 2000 565.28
in 2001 757.20
in 2002 970.96
Deposit and Borrowings December 31, 2003 20,118.82
Loans and advances December 31, 2003 15,548.11
Investments December 31, 2003 2,733.11
Operating Profit December 31, 2003 703.76
* Initial public offering of shares of Tk. 150.00 million was completed in 1999
Chairman of the Bank
Mr. M.A. Kashem from March, 1995 to June, 1998
Mr. Ragib Ali from July, 1998 to June, 1999
Mr. Yussuf Abdullah Harun from July, 1999 to September, 2002
Mr. Ragib Ali from September, 2002 to August, 2003
Mr. Azimuddin Ahmed from August, 2003 till date
Vice Chairman of the Bank
Mr. Ragib Ali from March, 1995 to June, 1998
Mr. Azim Uddin Ahmed from July, 1998 to June, 1999
Mr. Ragib Ali from July, 1999 to September, 2002
Mr. Azimuddin Ahmed from September, 2002 to August, 2003
Mr. Ragib Ali from August, 2003 till date
President & Managing Director of the Bank
Mr. Syed Anisul Huq from April 4, 1995 to April 3, 2000
Mr. Shah Md. Nurul Alam from July, 1999 to May 11, 2002
Syed Abu Naser Bukhtear Ahmed from 30th May 2002 to till date
Company Secretary
Mr. A.K. Qureshi from January 18, 1995 to January 17, 2004
Mr. Muhammad Shahjahan from January 18, 2004 to till date


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Last modified: March 17, 2004