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This profile was last updated on 12/24/14  and contains information from public web pages.
Company Description: Janata Bank Limited is one of the pioneer members of Shared Q-cash Consortium . The Consortium Member Banks are: Janata Bank Limited Bangladesh Commerce Bank...   more

Employment History

  • Rupali Bank
  • Agrani Bank Limited
  • Mercantile Bank
  • Finance Minister
    Sonali Bank
  • Remittance Management System
    Sonali Bank

Board Memberships and Affiliations

  • Board Member
    SMC Company
36 Total References
Web References
The parliamentary watchdog on the Finance ..., 24 Dec 2014 [cached]
The parliamentary watchdog on the Finance Ministry recently recommended a separate pay scale for the central bank and the state-owned Sonali, Janata, Agrani and Rupali Banks.
Of them 4,958 work for BB, 23,363 for Sonali Bank, 15,146 for Janata Bank, 13,558 for Agrani and Rupali has 4,293 employees.
Former Secretary, GoB, Former ..., 3 May 2014 [cached]
Former Secretary, GoB, Former Chairman of Sonali Bank and Janata Bank.
Top ten banks against which most ..., 11 Oct 2014 [cached]
Top ten banks against which most complaints were made include Sonali Bank, Janata Bank, Agrani Bank, Islami Bank, Prime Bank, BRAC Bank, Mercantile Bank, Bangladesh Krishi Bank, Premier Bank and Shahajalal Islami Bank.
Sonali Bank(UK) Ltd, 19 May 2014 [cached]
Sonali Bank Logo Sonali Bank(UK) Ltd
Sonali Bank Logo
Click on the links below to learn more about some of Sonali Bank (UK) Ltd's great range of services.
Sonali Bank ..., 9 April 2012 [cached]
Sonali Bank Scam
Dhaka : The Anti Corruption Commission (ACC) on Monday interrogated two officials of Sonali Bank over the allegation of disbursing around Tk 3,500 crore from its Ruposhi Bangla Hotel branch illegally.
The outright stealing of over 3,600 crore taka from the major state owned Bank, the Sonali Bank, is now the talk of the country. It is indeed symbolic of lack of character of the bank's officials and the extent of the corruption indulged in by them which makes look small even the corrupt wheeling and dealings detected earlier by the World Bank but prevented in case of the Padma Bridge. The move to make money through graft in the Padma Bridge project was successfully prevented . But the Sonali Bank's case of corruption is an established and proven one in which the bank's resources were just pilfered in connivance with its high ranking officials. What is more hard to accept is the angry remark of the Finance Minister that the Bangladesh Bank (BB) had no business calling for dissolution of the Board of Directors of the Sonali Bank due to the detected case of corruption in it. Notably, the BB itself found out about the corruption. And even laymen know it that as the custodian of the banking system or as supreme regulator of the state run and private banks, BB should have hundred per cent jurisdiction over any bank or banking operation specially for taking steps against any banking activity likely to endanger the health of the financial sector as a whole. Only lukewarm steps so far have come from the Sonali Bank's top brass in relation to its clearly recognized corrupt officials. They were suspended only from doing their jobs which means that they have not been sacked for their crimes ; they would remain not active in their posts till their cases are finally settled. So, there is possibility that they may even make a comeback in running the bank if they can manage, through using their political and other connections, to ward off the corruption charges. For now, they are being hardly penalized for their transparently very serious financial crimes. Already, the above huge sum of money have been taken out from the bank by the Hallmark group and other enterprises against hardly any collaterals or largely insufficient collaterals. Or securities against which the monies were taken out exist in paper only or are grossly undervalued in contrast to the loans. It could not be that such irregularities have remained undetected so far without the collusion of members of the Board of Directors of Sonali Bank. Therefore, why the banking division of the Finance Ministry or the Finance Minister for that matter is stubbornly opposing dissolution of the Board of Directors, is posing as an increasingly bigger question. If it keeps on like this, then none can be blamed for concluding that the Ministry has a vested interest in sheltering corruption in Sonali Bank.
But BB was most unfortunately rebuked by the Finance Minister for suggesting dissolution of the board of directors of Sonali Bank when the Minister should have been only done the opposite.
An investigation by the Bangladesh Bank found out that the Ruposhi Bangla Hotel branch of Sonali Bank is responsible for illegally disbursing Tk 35.47 billion loan to Hallmark Group and five other companies between 2010 and May this year.
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