Pubali Banks Deposits Soar 90 Fold in 40 Years

Industry: Bank, Financial
Company: Pubali Bank Limited
Company Intelligence Tag: Business Insights

Pubali Bank, which began its journey as a privatized bank less than four decades ago, has witnessed remarkable growth. As of June this year (2023), the bank’s deposits have surged to Tk 54,994 crore, with current capital reaching approximately Tk 4,322 crore. In contrast, when the bank started, its deposits were a mere Tk 614 crore. Pubali Bank operates both domestically and internationally, boasting 501 branches, 170 sub-branches, 17 Islamic banking windows, and a workforce of around 9,000 employees.

The bank’s chairman expressed pride in this achievement and emphasized their commitment to good governance and growth. He dedicated the success to the bank’s customers and reaffirmed their dedication to contributing to Bangladesh’s prosperity.

 

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