- Sonali Bank
Sonali Bank (Bangla: সোনালী ব্যাংক) is a state-owned commercial bank in
Bangladesh . [cite web
url = http://www.sonalibank.com.bd/overview_of_the_bank.htm
title = Overview of the Bank
accessdate = 2007-07-14
year = 2005
work = Sonali Bank
quote = Sonali Bank, the largest & leading commercial bank of the country ...] It is the largest bank of the country. [cite news
title = Corporatisation not a panacea for NCBs' problems
url = http://www.financialexpress-bd.com/index3.asp?cnd=6/19/2007§ion_id=5&newsid=64551&spcl=no
work =The Financial Express
date =2007-06-19
accessdate = 2007-07-14
quote = For example, Sonali Bank, the largest bank in the country ...] [cite news
title = Bangladeshi bank allowed back in Britain
url = http://news.bbc.co.uk/1/hi/world/south_asia/1683055.stm
work =BBC
date =2001-11-29
accessdate = 2007-07-14
quote = Bangladesh's largest commercial bank, the Sonali Bank ...]History
Sonali Bank was established in 1972 under the Bangladesh Banks (Nationalisation) Order, through the amalgamation and nationalisation of the branches of National Bank of Pakistan, Bank of Bhowalpur and Premier Bank branches located in
East Pakistan until the 1971Bangladesh Liberation War . When it was established, Sonali Bank had a paid up capital of 30 million taka. In 2001, its authorised and paid up capital were Tk 10 billion and Tk 3.272 billion respectively. The bank's reserve funds were Tk 60 million in 1979 and Tk 2.050 billion on 30 June 2000.Branches
Sonali Bank has a total of 1186 branches [http://www.sonalibank.com.bd/overview_of_the_bank.htm] . Out of them, 488 are located in urban areas, 696 in rural areas, and 2 are located overseas. It also operates the Sonali Exchange Company Inc. in USA and Sonali Bank (UK) Ltd.,
United Kingdom , to facilitate foreign exchange remittances.References
External links
* [http://www.sonalibank.com.bd/home.htm Official website]
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