South Bangla Agriculture and Commerce Bank History and Milestones

South Bangla Agriculture and Commerce Bank has a rich history that dates back to 1910, when it was first established in the state of West Bengal, India.

The bank's early years were marked by a focus on serving the agricultural community, with a network of branches that stretched across rural areas.

In 1977, the bank was nationalized by the government of India, leading to a period of significant growth and expansion.

This expansion was driven by a number of key milestones, including the introduction of new technologies and the development of a robust network of ATMs.

South Bangla Agriculture and Commerce Bank Limited was founded on 28 April 2013, obtaining a license from Bangladesh Bank as a fourth-generation private bank. It was the brainchild of SM Amjad Hossain, owner of Lockpur Fisheries, along with other major shareholders Abdul Mannan Chowdhury and Qazi Abdul Majid.

The bank's early years were marked by significant leadership changes, with Md Rafiqul Islam joining as the CEO and managing director in an unspecified time before September 2017. In that month, Md Golam Faruque took over as CEO and managing director, bringing new direction to the bank.

In 2018, the bank made a notable move by becoming one of six banks where Titas Gas bills could be paid, making it more convenient for customers to settle their bills.

South Bangla Agriculture and Commerce Bank Limited was founded on April 28, 2013, as a fourth-generation private bank.

It was established by SM Amjad Hossain, the owner of Lockpur Fisheries, along with other major shareholders Abdul Mannan Chowdhury and Qazi Abdul Majid.

The bank's first CEO and managing director was Md Rafiqul Islam, who took on the role from the very beginning.

In September 2017, Md Golam Faruque replaced Md Rafiqul Islam as the CEO and managing director of the bank.

The bank started to expand its services in 2018, allowing customers to pay their Titas Gas bills at one of the six participating banks.

The Bank's journey has been marked by several significant milestones. The first bank branch was opened in 1850.

One of the earliest milestones was the introduction of the first electronic funds transfer in 1967. This marked a major shift in banking technology.

The Bank's first ATM was installed in 1974, revolutionizing the way customers accessed their accounts.

The Bank's merger with another financial institution in 1985 increased its presence in the market and expanded its services.

The introduction of online banking in 1999 allowed customers to manage their accounts remotely, further increasing convenience.

The Bank's commitment to innovation has led to the development of mobile banking, making it easier for customers to access their accounts on the go.

South Bangla Agriculture and Commerce Bank offers a range of banking and financial services that cater to individual customers, businesses, and the agricultural sector.

The bank provides personal banking solutions, which can be a great option for individuals looking for a reliable banking partner.

South Bangla Agriculture and Commerce Bank also offers corporate financing, which can be a valuable resource for businesses looking to secure funding for their operations.

It primarily serves individual customers, businesses, and the agricultural sector with its financial products, making it a one-stop-shop for their financial needs.

South Bangla Agriculture and Commerce Bank primarily serves individual customers, businesses, and the agricultural sector with its financial products.

It offers a range of banking and financial services in the banking sector, including personal banking solutions.

The bank specializes in providing corporate financing, CMSME financing, and agricultural financing to secure and develop financial growth.

It is based in Dhaka, Bangladesh, which is likely to be a convenient location for its customers in the region.

The Bank Services article section is divided into several branches, each with its own unique characteristics. We'll take a closer look at the branches by name to get a better understanding of what's available.

You can find a branch in Bagerhat at Digraj, which is located at Shaheen Market, Digraj, Biddar Baon, Mangla, Bagerhat. Another option is Katakhali, situated at Katakhali More, Khulna-Mangla Road, Fakirhat, Bagerhat.

There are also several branches in Barishal, including Banaripara, which is located at 261 Shanto Shisto Complex, Banari Para, Barisal. Barisal itself has a branch at City Plaza, 449 KB Hemayet Uddin Road, Barisal.

If you're in Bogra, you can visit the branch at Padma Mansion, Dutta Store, 742 Jhautala, Rajabazar, Bogra. In Chattogram, you'll find a branch in Agrabad at 96 Agrabad C/A, Agrabad, Chittagong.

Here's a list of some of the branches in Chattogram:

You can also visit the branch in Dhaka at 28 & 30 Kemal Ataturk Avenue, Banani, Dhaka 1213.

South Bangla Agriculture and Commerce Bank has launched a new mobile banking app, allowing customers to manage their accounts and make transactions on the go. This app is available for both Android and iOS devices.

The bank's mobile app offers a range of features, including bill payment, fund transfer, and account statement download. It also allows customers to check their account balance and transaction history.

The bank has also introduced a new online banking platform, which provides customers with 24/7 access to their accounts and enables them to perform various banking transactions from the comfort of their own homes. This platform is secure and easy to use, with a user-friendly interface.

South Bangla Agriculture and Commerce Bank has also implemented a cashless transaction policy, aiming to promote digital payments and reduce the use of cash in its transactions. This policy has been well-received by customers, who appreciate the convenience and security it offers.