Bangladesh Commerce Bank Limited

Bangladesh Commerce Bank Limited is a private sector commercial bank in Bangladesh.

Bangladesh Commerce Bank Limited
Private (Non-Government)
IndustryBanking
FoundedDhaka, Bangladesh
HeadquartersDhaka, Bangladesh
Key people
Arastoo Khan[1]
ProductsBanking services
Consumer Banking
Corporate Banking
Investment Banking
WebsiteBangladesh Commerce Bank Limited

History

The Bank can trace its origins to the former Bangladesh Commerce and Investment Limited was set up on 27 January 1986.[2] It was a non-bank financial institution. In April 1992 its activities were suspended by Bangladesh Bank due to a liquidity crises.[2] To protect the banking sector, the employees and customers of the firm it was changed into a bank by Bangladesh Bank.[2] Bangladesh Commerce Bank Limited was incorporated on 1 June 1998.[2]

Robbery

A branch of the bank was robbed in Ashulia, Bangladesh on 21 April 2015. 9 people including the bank manager were killed.[3] One of the robber was killed and 2 were captured out of an estimated 8-9 robbers.[4] The attack was blamed on Islamic militants. 6 members Jama’atul Mujahideen Bangladesh (JMB) and Ansarullah Bangla Team were sentenced to death in the case and others were imprisoned.[5][3][6]

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References
  1. "BCBL". www.bcblbd.com. Retrieved 20 September 2016.
  2. "Bangladesh Commerce Bank Limited - Banglapedia". en.banglapedia.org. Retrieved 20 September 2016.
  3. "Cops suspect militant link". The Daily Star. 22 April 2015. Retrieved 20 September 2016.
  4. "6 militants given death for 2015 Ashulia bank heist". The Daily Star. 31 May 2016. Retrieved 20 September 2016.
  5. "'Ansarullah Bangla' man held over Ashulia bank heist". The Daily Star. 5 May 2015. Retrieved 20 September 2016.
  6. "8 killed in Ashulia bank robbery | Dhaka Tribune". Dhaka Tribune. Archived from the original on 18 November 2016. Retrieved 20 September 2016.


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