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Bangladesh Development Bank Limited

Bangladesh Development Bank Limited also called BDBL. It is a specialized Bank in Bangladesh.It is one of the best in Bangladesh.  This Bank has been working to ecellared the private business sector of Bangladesh

With the decision of the Government, Bangladesh Development Bank Ltd. (BDBL) was incorporated on 16 November, 2009 as a Public Company Limited by shares under the Companies Act, 1994 by the amalgamation of former Bangladesh Shilpa Bank (BSB) and Bangladesh Shilpa Rin Sangstha (BSRS), two Development Financial Institutions (DFIs) in the public sector.

Bangladesh Shilpa Bank (BSB) was established on October 31, 1972 for accelerating the industrial pace of the country through providing loan and equity to the industrial projects as per Bangladesh Shilpa Bank Order, 1972 (President’s Order No. 129 of 1972).

With the same objective, Bangladesh Shilpa Rin Sangstha (BSRS) was also established on October 31, 1972 as per Bangladesh Shilpa Rin Sangstha Order, 1972 (President’s Order No. 128 of 1972).

In order to carry on business of BDBL, Bangladesh Bank issued banking licence on
19-11-2009.

Two Vendors’ Agreements were signed between the Government of the People’s Republic of Bangladesh and the BDBL on 31 December, 2009 to acquire and take-over all of their (BSB & BSRS) assets, benefits,  rights, powers, authorities, privileges, liabilities, borrowings and obligations and to carry on with the same business.

As a Public Limited Company, BDBL formally embarked its journey on January 03, 2010. It extends financial assistance for setting up industries and provides all kinds of commercial banking services to its customers through its branch network in Bangladesh.

The BDBL also inherited membership of Dhaka Stock Exchange Limited (DSE) and Chittagong Stock Exchange Limited (CSE). In order to contribute to the capital market, it acts as stock dealer and stock broker and operates a brokerage houses, at Motijheel to provide services to the small and medium investors. BDBL also established a fully owned subsidiary company namely BDBL Securities Limited and transferred its one membership with DSE and another membership with CSE. It acts stock dealer and stock broker and operate brokerage House At 12, Karwan Bazar Dhaka to provide Investors. The BDBL is also managing a close-end Mutual Fund with paid up capital of Tk. 5.00 crore.

Service Provide by BDBL:

Foreign Exchange Business

  • Local L/C
  • Import L/C
  • Export Bill Collection
  • Back to Back L/C
  • Foreign Remittance
  • Foreign Exchange Buy & Sale

 

Capital Market Operation

  • Share/Securities Trading
  • Underwriting of public Issue
  • Brokerage House Services
  • Mutual Fund Operation
  • Banker's to Public Issue

 

  • Commercial Banking
  • SME Banking

 

Development Banking

  • Industrial loan with emphasis on syndicated arrangement (Power & Energy, Telecommunication, Fiber Optic Cable, etc. ).
  • Public-Private Partnership (PPP) project (Port Development, Transport & Communication    like Road, Water & Air Ways etc.)
  • Small & Medium Enterprise (SME like IT Industries i.e.  development of Hardware & Software).
  • Agro-based ventures depending on indigenous raw materials (like Jute Twin / Yarn and other Industries).
  • Green Banking (Environment & Eco- Friendly industries like automatic brick kiln, renewable energy, effluent treatment plant, etc.).
  • Lease Financing.

 

Title Bangladesh Development Bank Limited
Address 8, Rajuk Avenue, Dhaka Dhaka - 1000
Phone 88029555151
Fax 8802029562061
Mobail 8802029560014
Email [email protected]
Post Code 10000
Reg Code
Swift Code BDDBBDDH
License
TIN
BIN
Establishment Year 2009
Category Government
Sector Finance Govt
Service Type Bank & Insurance
Area
Upazila/Thana Motijheel
Division Dhaka
District Dhaka
Country Bangladesh
Membership
Legal Status Government

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