Staff Reporter :
Community Bank Bangladesh Limited (CBBL), an entity of Bangladesh Police Welfare Trust, started its commercial operation on Wednesday.
Prime Minister Sheikh Hasina inaugurated the bank via videoconferencing from her official residence Ganabhaban in the city on Wednesday morning.
The bank will initially start its operation with branches at Police Plaza in the city’s Gulshan, Dainik Bangla intersection, Panchabati in Narayanganj, Agrabad in Chittagong, Mowna in Sreepur in Gazipur, and Noapara in Habiganj. Its activity would be expanded in phases.
Inspector General of Police (IGP) and Bangladesh Police Kalyan Trust Chairman Dr. Mohammad Javed Patwary has been made the chairman of the bank.
The bank’s authorized capital of Tk four hundred crore and paid-up capital of Tk 100 crore. Its vision is to reach out to the members of different communities with innovative banking services, said The bank’s Managing Director (MD) and Chief Executive Officer (CEO) Masihul Haq Chowdhury said.
He hope that marginal communities like fishermen, rural farmers, and SMEs were not getting loans at low rates of interest.
CBBL is the 59th scheduled bank of the country which obtained license on November 1, 2018. Previously, Shimanto Bank was established for the Border Guards Bangladesh (BGB), in the format of the Army’s Trust Bank.
Prime Minister’s Principal Secretary Md Nojibur Rahman conducted the function while Inspector General of Police (IGP) Dr Mohammad Javed Patwary made a video presentation on the Community Bank Bangladesh.
PM’s Political Adviser H T Imam, Lawmaker Md. Habibe Millat, Chief Coordinator on SDG Affairs of the Prime Minister Office (PMO) Md Abul Kalam Azad, PMO Secretary Sajjadul Hassan, PM’s Press Secretary Ihsanul Karim, National Board of Revenue (NBR) Chairman Md. Mosharraf Hossain Bhuiyan, Outgoing Dhaka Metropolitan Police (DMP) Commissioner Md Asaduzzaman Miah and Rapid Action Battalion (RAB) Director General Benazir Ahmed were also present.
The Premier later exchanged views with police personnel stationed at Rajarbagh Police Auditorium and Community Bank, Gulshan Branch, through the video conference.
Community Bank Bangladesh Limited (CBBL), an entity of Bangladesh Police Welfare Trust, started its commercial operation on Wednesday.
Prime Minister Sheikh Hasina inaugurated the bank via videoconferencing from her official residence Ganabhaban in the city on Wednesday morning.
The bank will initially start its operation with branches at Police Plaza in the city’s Gulshan, Dainik Bangla intersection, Panchabati in Narayanganj, Agrabad in Chittagong, Mowna in Sreepur in Gazipur, and Noapara in Habiganj. Its activity would be expanded in phases.
Inspector General of Police (IGP) and Bangladesh Police Kalyan Trust Chairman Dr. Mohammad Javed Patwary has been made the chairman of the bank.
The bank’s authorized capital of Tk four hundred crore and paid-up capital of Tk 100 crore. Its vision is to reach out to the members of different communities with innovative banking services, said The bank’s Managing Director (MD) and Chief Executive Officer (CEO) Masihul Haq Chowdhury said.
He hope that marginal communities like fishermen, rural farmers, and SMEs were not getting loans at low rates of interest.
CBBL is the 59th scheduled bank of the country which obtained license on November 1, 2018. Previously, Shimanto Bank was established for the Border Guards Bangladesh (BGB), in the format of the Army’s Trust Bank.
Prime Minister’s Principal Secretary Md Nojibur Rahman conducted the function while Inspector General of Police (IGP) Dr Mohammad Javed Patwary made a video presentation on the Community Bank Bangladesh.
PM’s Political Adviser H T Imam, Lawmaker Md. Habibe Millat, Chief Coordinator on SDG Affairs of the Prime Minister Office (PMO) Md Abul Kalam Azad, PMO Secretary Sajjadul Hassan, PM’s Press Secretary Ihsanul Karim, National Board of Revenue (NBR) Chairman Md. Mosharraf Hossain Bhuiyan, Outgoing Dhaka Metropolitan Police (DMP) Commissioner Md Asaduzzaman Miah and Rapid Action Battalion (RAB) Director General Benazir Ahmed were also present.
The Premier later exchanged views with police personnel stationed at Rajarbagh Police Auditorium and Community Bank, Gulshan Branch, through the video conference.
