Janata Bank

Janata Bank Ltd. (Bengali: জনতা ব্যাংক লিমিটেড) is a state-owned commercial bank of Bangladesh established in 1972. Its headquarters is situated at Motijheel in Dhaka, the capital city of Bangladesh. It is the second largest commercial bank in Bangladesh.[2][3][4]

Janata Bank Limited
TypeState/Government owned
IndustryBanking
FoundedDhaka, Bangladesh
HeadquartersDhaka, Bangladesh
Key people
Dr.S M Mahfuzur Rahman [1] (Chairman) ‍and Md. Abdus Salam Azad (CEO & Managing Director)
ProductsBanking services
Consumer Banking
Corporate Banking
Investment Banking
Number of employees
12,391 (2017)
Website

History

Following the independence of Bangladesh from Pakistan at the Bangladesh Liberation War of 1971, Janata Bank Limited was formed combining the then United Bank Limited and Union Bank Limited under the Bank Nationalisation Ordinance of 1972 (President's Order 26). The management of Janata Bank has been transferred to Janata Bank Limited after transforming the bank into a company following the existing company act under the Enterprise Growth and Bank Modernisation Project' (EGBMP) which has been taken in 2004–05 in order to reform the nationalised commercial banks. Janata Bank Limited has started its operation from 15 November 2007.

References
  1. "Board of Directors". www.jb.com.bd. Retrieved 1 June 2020.
  2. "Janata Bank". Retrieved 14 July 2007.
  3. "Janata Bank Limited". Banglapedia. Retrieved 28 July 2016.
  4. "State banks still in capital deficit". The Daily Star. 9 July 2016. Retrieved 28 July 2016.
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