Bangladesh Commercial Bank Limited Is A Private Commercial Bank In Bangladesh.
History
The Origins Of The Bank Can Be Traced Back To The Former Bangladesh Commercial Investment Limited, Which Was Established On January 27, 1986. It Is A Non-bank Financial Institution Group. In April 1992, Bangladesh Bank Suspended Its Activities Due To The Liquidity Crisis. In Order To Protect The Banking Industry, Employees And Customers Of The Company, Bangladesh Bank Changed It To A Bank. Bangladesh Commercial Bank Limited Was Established On June 1, 1998. S Alam Group Is An Investor In The Bank.
In August 2004, Bangladesh Bank Was Placed On The "problem Bank" Watch List. The Bank Contributed To The Bailout Fund Of Prime Minister Khaleda Zia. Md Enayet Ullah Was Appointed As The Managing Director Of The Bank.
On April 21, 2015, A Branch Of The Bank Was Robbed In Azulia, Bangladesh. Nine People Including The Bank Manager Were Killed. One Of The Robbers Was Killed And 2 Robbers Were Captured, Among An Estimated 8-9 Robbers. The Attack Was Blamed On Islamic Militants. 6 Members Jama'atul Mujahideen Bangladesh (JMB) And Ansarullah Bangla Team Were Sentenced To Death In The Case And The Others Were Imprisoned.
In 2018, The Non-performing Loan Of Bangladesh Commercial Bank Limited Was 31.6%.
In 2021, Bangladesh Commercial Bank Limited Found It Difficult To Recover Its 5.02 Billion Taka Deposited With 6 Non-bank Financial Institution Groups. These Institutions Are Bangladesh Industrial Finance Limited, FAS Finance And Investment Limited, First Finance Limited, International Leasing And Financial Services Limited, Peoples Leasing And Financial Services Limited And Premier Leasing And Finance Limited. Some Of The Institutions' Funds Were Misappropriated By Prashanta Kumar Halder.
On June 28, 2022, Bangladesh Bank Allowed Bangladesh Commercial Bank Limited To Reschedule A 1.99 Billion Taca Defaulted Loan To SB Exim, Owned By Shahjahan Bablu, Who Faces Charges Of Money Laundering Through False Invoice Exports By The Bangladesh Financial Intelligence Agency. The Bank Has Overspent Its Corporate Social Responsibility Fund In Disaster Management. In July, The Bank Launched Sharia-based Banking Services. Bangladesh Commercial Bank Limited Has Filed A Case Of Cashed Cheques Against Marrin Vegetable Oils Limited, A Subsidiary Of Nurjahan Group. The Group's Chairperson, Tipu Sultan, And Managing Director, Jahir Ahmed, Were Sentenced To One Year In Prison In The Case. Rashid Ahmed Chowdhury Was Re-elected As Chairperson Of The Board In October 2022.
