Agrani Bank Limited, Bangladesh

in #blog6 years ago

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Agrani Bank Limited, a state claimed driving business save money with 946 outlets deliberately situated in all the business regions all through Bangladesh, abroad Exchange Houses and several abroad Correspondents, appeared as a Public Limited Company on May 17, 2007 with a view to assume control over the business, resources, liabilities, rights and commitments of the Agrani Bank which developed as a nationalized business bank in 1972 instantly after the rise of Bangladesh as a free state. Agrani Bank Limited began working as a going concern premise through a Vendors Agreement marked between the service of back, Government of the People's Republic of Bangladesh in the interest of the previous Agrani Bank and the Board of Directors of Agrani Bank Limited on November 15, 2007 with review impact from 01 July, 2007.

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Agrani Bank Limited is administered by a Board of Directors comprising of 10 individuals headed by a Chairman. The Bank is going by the Managing Director and Chief Executive Officer; Managing Director is helped by Deputy Managing Directors and General Managers. The bank has 11 Circle workplaces, 34 Divisions in head office, 52 zonal workplaces and 946 branches including 34 corporate and 42 AD (approved merchant) branches.

Agrani Bank Limited a nationalized business bank (NCB) of Bangladesh built up on 26 March 1972 under the Bangladesh Banks (Nationalization) Order 1972 by assuming control two relinquished Pakistani banks Habib Bank and Commerce Bank. The bank has been changed over to a Public Limited Company with 100% responsibility for government and began working as Agrani Bank Limited (ABL) from 15 November, 2007 assuming control over all benefits, liabilities and business of Agrani Bank based on Vendors Agreement marked between the Government and the Agrani Bank. After corporatisation, the administration of the bank has been offered self-governance to make the bank focused and to maintain its business successfully.

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Agrani Bank was nationalized after freedom of Bangladesh. It began working as a business bank in 1972 and proceeded as an open segment bank till 16 May, 2007. On 17 May the bank began the third section of its life as a constrained organization. The bank currently plays out its business keeping money activity through 873 outlets all over Bangladesh under the authority of a 13 part Board of Directors.

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