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01-(i).

Banks:
Banking is essentially based on the debtor-creditor relationship between the
depositors and the bank on the one hand and between the borrowers and the
bank
on the other. Interest is considered to be the price of credit, reflecting the
opportunity cost of money.
List of All types of banking sectors are:
Central Bank
Private Commercial Banks
Public Commercial Banks
Foreign Commercial Banks
Specialized Development Banks
Private Commercial Banks:
Private banks are the highest growth sector due to the dismal performances
of
government banks (above). They tend to offer better service and products.
AB Bank Ltd
BRAC Bank Limited
Eastern Bank Limited
Dutch Bangla Bank Limited
Dhaka Bank Limited
Islami Bank Bangladesh Ltd
Pubali Bank Limited
Uttara Bank Limited
IFIC Bank Limited
National Bank Limited
United Commercial Bank Limited
NCC Bank Limited
Prime Bank Limited
SouthEast Bank Limited
Al-Arafah Islami Bank Limited
Social Islami Bank Limited
Standard Bank Limited
One Bank Limited
Exim Bank Limited
Mercantile Bank Limited

Bangladesh Commerce Bank Limited


Mutual Trust Bank Limited
First Security Islami Bank Limited
The Premier Bank Limited
Bank Asia Limited
Trust Bank Limited
Shahjalal Islami Bank Limited
Jamuna Bank Limited
ICB Islami Bank
Moon Bank Limited
United Commercial Bank Limited
Aziz Co-op Commerce & Finance Bank Ltd.
Eastern Bank Limited
Social Investment Bank Limited
Uttara Bank Limited
Public Commercial Banks:
Sonali Bank Limited
Janata Bank Limited
Agrani Bank Limited
Rupali Bank Limited
Private Foreign Commercial Banks:
Citibank
HSBC
Standard Chartered Bank
Commercial Bank of Ceylon
State Bank of India
Habib Bank
National Bank of Pakistan
Bank Alfalah
Specialized Financial Institutions:
Grameen Bank
Bangladesh Krishi Bank
Bangladesh Development Bank Ltd
Rajshahi Krishi Unnayan Bank
Basic Bank Ltd (Bank of Small Industries and Commerce)

Bangladesh Somobay Bank Limited (Cooperative Bank)


Ansar VDP Unnyan Bank

01-(ii). Non-Bank Financial Institutions:


Non-Bank Financial Institutions (NBFIs) are an important part of financial
system in
Bangladesh. NBFIs operations are regulated under the Financial Institutions
Act,
1993.

a) Insurance Companies

i) Life Insurance Company (Public)


Jiban Bima Corporation
ii) Life Insurance Company (Foreign)
American Life Insurance Co.
iii) Life Insurance Company (Private)
National Life Insurance Co. Ltd.
Delta Life Insurance Co. Ltd.
Fareast Islami Life Insurance Co. Ltd.
Homeland Life Insurance Co. Ltd.
Meghna Life Insurance Co. Ltd.
Padma Islami Life Insurance Co. Ltd.
Sandhani Life Insurance Co. Ltd.
Sunflower Life Insurance Co. Ltd.
Baira Life Insurance Co. Ltd.
Golden Life Insurance Co. Ltd.
Progoti Life Insurance Co. Ltd.
Prime Life Insurance Co. Ltd.
Popular Life Insurance Co. Ltd.
Progressive Life Insurance Co. Ltd.
Rupali Life Insurance Co. Ltd.

Sun Life Insurance Co. Ltd.

iv) General Insurance Company (Public)


Sadharan Bima Corporation
v) General Insurance Company (Private)
Agrani Insurance Company Limited.
Bangladesh Co-operative General Insurance Ltd.
Bangladesh General Insurance Co. Ltd.
Bangladesh National Insurance Co. Ltd.
Central Insurance Co. Ltd.
City General Insurance Co. Ltd
Eastern Insurance Co. Ltd
Eastland Insurance Co. Ltd
Federal Insurance Co. Ltd
Green Delta Insurance Co. Ltd
Janata Insurance Co. Ltd
Karnafully Insurance Co. Ltd
Meghna Insurance Co. Ltd
Mercantile Insurance Co. Ltd
Northern General Insurance Co. Ltd
People's Insurance Co. Ltd
Phoenix Insurance Co. Ltd
Pioneer Insurance Co. Ltd
Prime Insurance Co. Ltd
Progoti General Insurance Co. Ltd
Provati Insurance Co. Ltd
Purabi General Insurance Co. Ltd
Reliance Insurance Co. Ltd
Rupali Insurance Co. Ltd
United Insurance Co. Ltd
Takaful Islami Insurance Company Limited
Crystal Insurance Co. Ltd
Republic Insurance Company Limited

Global Insurance Company Limited


Paramount Insurance Co. Ltd.
Standard Insurance Co. Ltd.
Asia Pacific Insurance Co. Ltd.
South Asia Insurance Co. Ltd.
Express Insurance Ltd.
Continental Insurance Ltd.
Desh General Insurance Ltd.
b) Security Firms
Nabiul Karim Securities Ltd.
Haji Mohammad Ali Securities Ltd.
GMF Securities Limited
Quaiyum Securities Ltd.
Dragon Securities Ltd.
TA Khan Securities Co. Ltd.,
Md. Fokhrul Islam Securities Limited.
Shahiq Securities Ltd.
Habibur Rahman Securities Limited
Ershad Securities Ltd.
Mian Abdur Rashid Securities Ltd.
Khurshid Securities Ltd.
Rapid Securities Limited
Dawn Securities Limited.
Arafat Securities Ltd.
Shahed Securities Ltd.
Tobarak Securities Ltd.
Midway Securities Ltd.
Parkway Securities Ltd.
HR Securities & Investment Limted
Kazi Feroz Rashid Securities Ltd.
MAH Securities Ltd.
DMR Securities Services Ltd.
Alhaj Jahanara Securities Ltd.
RNI Securities Ltd.
GQ Securities Ltd.
Crest Securities Limited.
Asenz Securities Ltd.
Finvest Securities Ltd.

MAH Securities Limited


Nabiul Karim Securities Limited
Jalalabad Securities Limited
Haji Mohammad Ali Securities
Akij Securities Limited
Mian Abdur Rashid Securities

c) Investment Banks
Bay Leasing & Investments Limited.
Union Capital Ltd.
First Lease International Limited
Phoenix Leasing Co. Ltd.
Peoples Leasing & Financial Services Ltd.

d) Financial Companies
Industrial Development Leasing Company of Bangladesh (IDLC)
Infrastructure Development Company Limited (IDCOL)
GSP Finance Limited
Delta Brac Housing Finance Corporation Ltd.
Fidelity Assets & Securities Company Limited.
Fareast Finance & Investment Ltd.
LankaBangla Finance Ltd.
Prime Finance & Investment Limited
Bangladesh Industrial Finance Co. Ltd.

e) Mutual Funds
Some categories of mutual funds are:
ICB, 1st ICB Mutual Fund, 2nd ICB Mutual Fund, 3rd ICB Mutual Fund, 4th
ICB Mutual Fund, 5th ICB Mutual Fund, 6th ICB Mutual Fund, 7th ICB Mutual
Fund
ICB Mutual Fund

1st BSRS Mutual Fund


AIMS First Granted Mutual
Grameen Mutual Fund One
Grameen One: Scheme Two
ICB AMCL 1st Mutual Fund
ICB AMCL Islamic Mutual Fund
ICB AMCL Unit Fund
ICB AMCL Pension Holder Unit Fund
ICB AMCL First NRB Mutual Fund
ICB AMCL Second NRB Mutual Fund

f) Pension Funds
Pension funds are analyzed as financial intermediaries using a functional
approach to
finance, which encompasses traditional theories of intermediation. Funds
fulfill a
number of the functions of the financial system more efficiently than banks
or direct
holdings. Their growth complements that of capital markets and they have
acted as
major catalysts of change in the financial landscape. Financial efficiency in
this
functional sense is not the only reason for growth. It is also a consequence of
fiscal
incentives and benefits to employers, as well as growing demand arising
from the
ageing of the population.

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