The National Bank Limited Bengali: ন্যাশনাল ব্যাংক লিমিটেড is a private limited bank in Bangladesh. Md Mehmood Husain is the present Managing Director and Chief Executive Officer (CEO) of the bank.
National Bank Limited has its prosperous past, glorious present, prospective future, and under-processing projects and activities. Established as the first private sector bank fully owned by Bangladeshi entrepreneurs, NBL has been flourishing as the largest private sector Bank with the passage of time after facing much stress and strain. The members of the board of directors are creative businessmen and leading industrialists of the country.
To keep pace with time and in harmony with national and international economic activities and for rendering all modern services, NBL, as a financial institution, automated all its branches with computer networks in accordance with the competitive commercial demand of the time. Moreover, considering its forthcoming future, the infrastructure of the Bank has been rearranged. The expectation of all class businessmen, entrepreneurs, and the general public is much more to NBL.
At present, we have 219 branches and 14 sub-branches. In addition, our effective and diversified approach to seize the market opportunities is going on a continuous process to accommodate new customers by developing and expanding rural, SME financing, and offshore banking facilities.
National Bank Limited was born as the first hundred percent Bangladeshi-owned Bank in the private sector. From its very inception, it was the firm determination of National Bank Limited to play a vital role in the national economy. We are determined to bring back the long-forgotten taste of banking services and flavors. We want to serve each one promptly and with a sense of dedication and dignity.
The then President of the People’s Republic of Bangladesh Justice Ahsanuddin Chowdhury inaugurated the bank formally on March 28, 1983, but the first branch at 48, Dilkusha Commercial Area, Dhaka started commercial operation on March 23, 1983. The 2nd Branch was opened on 11th May 1983 at Khatungonj, Chittagong.
History of National Bank Limited
National Bank Limited is the first private sector bank fully owned by Bangladeshi nationals. The bank was opened on 28 March 1983 but the first branch at 48, Dilkusha Commercial Area, Dhaka started commercial operation on 23 March 1983. The second branch was opened on 11 May 1983 at Khatungonj, Chittagong. Currently, NBL has carried its business through its 200 branches & Agri Branches spread all over the country.
Criticism against National Bank Limited
In 2015 the under-construction office tower of the bank in Karwan Bazar, Dhaka, caused a neighboring building and road to suffer a cave-in. The bank was accused of not cooperating in the handling of the incident by the Mayor of Dhaka.