Sonali Bank Limited stands as the largest state-owned commercial bank in Bangladesh, tracing its origins back to the Bangladesh Banks (Nationalization) Order 1972. Established through a merger involving the National Bank of Pakistan, Bank of Bahawalpur, and Premier Bank, Sonali Bank emerged with a pivotal mandate to enhance banking dynamics and service quality....
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Sonali Bank Limited stands as the largest state-owned commercial bank in Bangladesh, tracing its origins back to the Bangladesh Banks (Nationalization) Order 1972. Established through a merger involving the National Bank of Pakistan, Bank of Bahawalpur, and Premier Bank, Sonali Bank emerged with a pivotal mandate to enhance banking dynamics and service quality.
Formally registered as "Sonali Bank Limited" on June 3, 2007, and granted a banking license by Bangladesh Bank on June 5, 2007, the bank commenced its operations as a company on November 15, 2007. Presently, Sonali Bank Limited operates through a vast network of 1,232 branches, including 1,230 within the country and 2 abroad. Within Bangladesh, 695 branches are situated in rural areas, while 535 are located in urban centers. Notably, 48 branches serve as Authorized Dealer (AD) branches for facilitating foreign trade activities.
Bolstered by a sizable and skilled workforce, Sonali Bank is dedicated to advancing banking business and accelerating the nation's economic activities. The bank caters to diverse banking needs, from daily public banking transactions to governmental treasury activities, particularly in areas where Bangladesh Bank lacks branches. Its services encompass various functions such as pension and retirement allowance disbursements, salary payments for educational institutions, social security-related allowances, government savings bond transactions, and support for government revenue collection initiatives.
Moreover, Sonali Bank actively engages in social welfare activities, including the collection of Hajj and Zakat funds, underscoring its commitment to serving the underprivileged segments of society while contributing to the nation's socio-economic development.
Sonali Bank Limited stands as the largest state-owned commercial bank in Bangladesh, tracing its origins back to the Bangladesh Banks (Nationalization) Order 1972. Established through a merger involving the National Bank of Pakistan, Bank of Bahawalpur, and Premier Bank, Sonali Bank emerged with a pivotal mandate to enhance banking dynamics and service quality....
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