ONE Bank Limited (OBL) Bengali: ওয়ান ব্যাংক লিমিটেড is a private sector commercial bank in Bangladesh. It is in the business of taking deposits from the public through various saving schemes and lending the fund in various sectors at a higher margin.
ONE Bank Limited was incorporated in May 1999 With the Registrar of Joint Stock Companies under the Companies Act. 1994, as a commercial-bank in the private sector.
The Bank is pledge-bound to serve the customers and the community with utmost dedication. The prime focus is on efficiency, transparency, precision, and motivation with the spirit and conviction to excel as ONE Bank in both value and image.
The name ONE Bank is derived from the insight and long nourished feelings of the promoters to reach out to the people of all walks of life and progress together towards prosperity in a spirit of oneness.
THIRD GENERATION PRIVATE COMMERCIAL BANK
OBL is a private sector commercial bank dedicated to the business line of taking deposits from the public through its various saving schemes and lending the fund in different sectors at a margin. Proper risk assessment and compliance is meticulously followed in the selection of asset and liability portfolio. Bank financing is concentrated in both working capital financing and long-term financing.
In the industrial sector, the major concentration of the bank is on the textile and RMG sector. With the increased exposure to RMG, the bank has increased its non-funded business substantially. Bank has taken initiative to increase exposure in SMEs for broadening the access of small entrepreneurs to bank credit.
With state-of-the-art technology, OBL has a real-time online banking facility and has launched Visa debit and credit card, ATM facility, E-Banking, Mobile banking, etc. A full-fledged Disaster Recovery (DR) center has been established in Sirajgonj to ensure the business continuity of the bank. OBL has introduced the Centralized Loan Administration and Trade Processing center at Dhaka and Chattogram zone.
History of One Bank Limited
ONE Bank Limited started its activities in Bangladesh in May 1999. One Bank Limited has 107 branches in Bangladesh. The Board of Directors consists of 6 members. On 2020, Bangladesh Bank removed HRC Group Chairman Sayeed Hossain Chowdhury from the post of chairman of One Bank over loan delinquency.