Eastern Bank Ltd (Bangladesh) | banks in bangladesh

Eastern Bank Ltd Bengali: ইস্টার্ণ ব্যাংক লিমিটেড) is a private commercial bank headquartered in Dhaka, Bangladesh, It was established on August 8, 1992, as a public limited company with limited liability under the Bank Companies Act of 1991. Its share is listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange. The bank provides products and services in retail banking, corporate finance, asset management, equity brokerage, and security. It has 85 branches and 214 ATMs in Bangladesh and employs around 3000 employees.

 

Eastern Bank Ltd (Bangladesh)

 

Eastern Bank Limited is going to open its first overseas full-fledged branch in Calcutta, India. This branch in India will be its first foreign branch outside of Bangladesh. Presently, EBL has a subsidiary in Hong Kong named EBL Finance (HK) Limited and a representative office in Myanmar. EBL opened its third representative office on the Chinese mainland in Guangzhou on September 29, 2019.

 

Eastern Bank Ltd (Bangladesh)

History of Eastern Bank Ltd

Eastern Bank Limited began operations on August 16, 1992. Before 1992 EBL operated as BCCI, which transformed into Eastern Bank Limited. which is located in Bangladesh.

Composition of the Group Eastern Bank Ltd

As of 2018, the group is composed of Eastern Bank Limited, the separate business unit Off-Shore Banking Unit (OBU), and five wholly-owned subsidiaries:

  1. EBL Securities Limited (stock dealing & brokerage)
  2. EBL Investments Limited (merchant banking operations)
  3. EBL Asset Management Limited (asset management)
  4. EBL Finance (HK) Limited (the first foreign subsidiary doing trade finance and off-shore banking business in Hong Kong)
  5. Yangon Representative Office, Myanmar
  6. Guangzhou Representative Office, Mainland China

 

Eastern Bank Ltd (Bangladesh)

Board of Directors in Eastern Bank Ltd

  1. Showkat Ali Chowdhury (Chairman)
  2. M. Ghaziul Haque
  3. A. M. Shaukat Ali (not at present)
  4. Mir Nasir Hossain
  5. Salina Ali
  6. Anis Ahmed
  7. Meah Mohammed Abdur Rahim (not at present)
  8. Mufakkharul Islam Khasru
  9. Ormaan Rafay Nizam (not at present)
  10. Gazi Md. Shawkat Hossain
  11. K J S Banu
  12. Zara Namreen
  13. Ali Reza Iftekhar (MD

 

Eastern Bank Ltd (Bangladesh)

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