July 26, 2017 2:07 AM ET


Company Overview of Bangladesh Development Bank Limited

Company Overview

Bangladesh Development Bank Limited, a development financial institution, provides financial and technical assistance to private and public sector industries, and partnership and proprietorship concerns. It offers long and medium term loans; working capital loans to industrial units; equity support services; and commercial banking services, such as deposit mobilization, forex business, letter of credit handling, and forex remittances, as well as issues guarantees on behalf of borrowers for repayment of loans. The company also provides industrial credit programmes, equity entrepreneurship fund programmes, share trading services, incentive programmes for loan recovery, rehabilitation programme...

8, Rajuk Avenue

Dhaka,  1000


Founded in 1972


880 2 955 6786


880 2 956 2061

Key Executives for Bangladesh Development Bank Limited

Managing Director
Age: 63
Deputy Managing Director
General Manager of Human Resources and Administration Division
General Manager
Compensation as of Fiscal Year 2017.

Bangladesh Development Bank Limited Key Developments

Bangladesh Development Bank Privatization Plan

The government has decided to privatize Bangladesh Development Bank Limited amid deteriorating financial conditions. In October, 2015, Prime Minister Nawaz Sharif approved the proposal to initiate the privatization process. The PC Board is likely to give go ahead of initiating the privatization process, said the sources. They said the Commission may set a condition that only those parties can acquire that have experience with the financial sector and a successful track record for turning around a financial sector institution.

Similar Private Companies By Industry

Company Name Region
Agrani Bank Limited Asia
Bangladesh Commerce Bank Ltd. Asia
Bangladesh Development Bank Limited Asia
Bangladesh Krishi Bank Ltd Asia
Basic Bank Limited Asia

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Bangladesh Development Bank Limited, please visit www.shilpabank.gov.bd. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.