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Sonali Bank Ltd
Soon after the independence of Bangladesh Sonali Bank emerged as the largest and leading nationalised commercial bank in 1972, liquidating the then National Bank of Pakistan, Premier Bank and Bank of Bhwalpur. As a fully state owned institution, Sonali Bank has been discharging its nation-building responsibilities by undertaking government entrusted different socio-economic schemes as well as money market activities of its own volition, covering all spheres of the economy.
Sonali Bank was converted into a Public Limited Company with 100% ownership of the government and started functioning as Sonali Bank Limited from 15 November 2007 taking over all assets, liabilities and business of Sonali Bank. After corporatisation, the management of Sonali Bank Limited was given autonomy to make the bank competitive & to run its business effectively.
Sonali Bank Limited is governed by a Board of Directors consisting of 11 members. The Bank is headed by the Chief Executive Officer & Managing Director, who is a well-known Banker and a reputed professional. The corporate headquarters of the Bank are located at Motijheel, Dhaka, Bangladesh, the main commercial centre of the capital. The Bank has 1,206 branches throughout Bangladesh and 3 subsidiaries, Sonali Bank (UK) Ltd (2 offices in the UK), Sonali Exchange Company Incorporated (10 branches in the USA), and Sonali Investment Ltd (4 branches in Bangladesh).
Sonali Bank (UK) Ltd
Apart from banking services we have established a remittance service for our valued customers in UK. Sonali Bank (UK) Ltd has 2 UK offices and provides expatriate Bangladeshis with banking services and facilities.
Sonali Bank (UK) Ltd was established to:
To help the UK Bangladesh community involved with the development of the Bangladesh economy through the remittance of foreign exchange and Trade finance.
Provide niche banking service to the UK Bangladeshi community.
Provide access to the London financial market for the banking and corporate communities in Bangladesh.