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Company type | Commercial bank |
---|---|
DSE:
BANKASIA CSE: BANKASIA | |
Industry | Banking |
Founded | 27 November 1999 |
Headquarters | Dhaka, Bangladesh |
Key people | (Chairman)
Romo Rouf Chowdhury (Managing director) Sohail R K Hussain |
Products |
Banking services Consumer Banking Corporate Banking Agent Banking Islamic Banking Credit Cards Remmittance Operations Student Files, etc |
Website | Bank Asia PLC |
Bank Asia PLC is a private sector commercial bank in Bangladesh. [1] MR. SOHAIL R K HUSSAIN is the president and managing director of the bank. [2] Romo Rouf Chowdhury, chairman of Rancon Group, is the chairman of Bank Asia Limited. [3]
The bank was established as a private commercial bank on 28 September 1999, and incorporated in 1999. [1] it expanded through the purchase of the branches of Bank of Nova Scotia and Muslim Commercial Bank Limited. [1] In 2001, it purchased the operations of Scotiabank which entered Bangladesh in 1999. [4] [1]
Bank Asia relocated its Nova Scotia branch from Bijoy Sarani to Kazi Nazrul Islam avenue. [5] It signed an agreement with Dutch-Bangla Bank Limited to have access to their automated teller machine network. [6]
In 2008, Bank Asia announced a 25 per cent stock dividends. [7] The bank also introduced Islamic banking. [8]
Bank Asia was awarded third prize in corporate governance disclosures and achieved certificate of merit under integrated reporting category in the 17th ICAB National Award for BPAR-2016. [9]
Bank Asia was awarded the Intellectual Property Protection Award in 2020 by the Bangladesh Copyright Board. [10] It arranged a seven billion taka loan for Bashundhara Group to build a cement plant. [11] Romo Rouf Chowdhury, chairman of Rangs Group, was elected chairman of the bank in August 2022. [12]
On February 10, 2024, Sohial R K Hussain was appointed managing director of Bank Asia Limited. [13] The bank distributed loans to 220 women farmers in June. [14] 16 April, 2024, Bank Asia Limited has changed its name to 'Bank Asia plc'. [15]
![]() | |
Company type | Commercial bank |
---|---|
DSE:
BANKASIA CSE: BANKASIA | |
Industry | Banking |
Founded | 27 November 1999 |
Headquarters | Dhaka, Bangladesh |
Key people | (Chairman)
Romo Rouf Chowdhury (Managing director) Sohail R K Hussain |
Products |
Banking services Consumer Banking Corporate Banking Agent Banking Islamic Banking Credit Cards Remmittance Operations Student Files, etc |
Website | Bank Asia PLC |
Bank Asia PLC is a private sector commercial bank in Bangladesh. [1] MR. SOHAIL R K HUSSAIN is the president and managing director of the bank. [2] Romo Rouf Chowdhury, chairman of Rancon Group, is the chairman of Bank Asia Limited. [3]
The bank was established as a private commercial bank on 28 September 1999, and incorporated in 1999. [1] it expanded through the purchase of the branches of Bank of Nova Scotia and Muslim Commercial Bank Limited. [1] In 2001, it purchased the operations of Scotiabank which entered Bangladesh in 1999. [4] [1]
Bank Asia relocated its Nova Scotia branch from Bijoy Sarani to Kazi Nazrul Islam avenue. [5] It signed an agreement with Dutch-Bangla Bank Limited to have access to their automated teller machine network. [6]
In 2008, Bank Asia announced a 25 per cent stock dividends. [7] The bank also introduced Islamic banking. [8]
Bank Asia was awarded third prize in corporate governance disclosures and achieved certificate of merit under integrated reporting category in the 17th ICAB National Award for BPAR-2016. [9]
Bank Asia was awarded the Intellectual Property Protection Award in 2020 by the Bangladesh Copyright Board. [10] It arranged a seven billion taka loan for Bashundhara Group to build a cement plant. [11] Romo Rouf Chowdhury, chairman of Rangs Group, was elected chairman of the bank in August 2022. [12]
On February 10, 2024, Sohial R K Hussain was appointed managing director of Bank Asia Limited. [13] The bank distributed loans to 220 women farmers in June. [14] 16 April, 2024, Bank Asia Limited has changed its name to 'Bank Asia plc'. [15]