Dhaka Bank starts journey in Bashundhara area
Dhaka Bank has opened new branch at Bashudnahra residential area to offer most modern financial services to people of the prestigious neighborhood in the capital.
Bashundhara Group Managing Director Sayem Sobhan Anvir was guest of honour while Dhaka Bank’s chairman Abdul Hai Sarker inaugurated the branch as chief guest at Union Tower in block-A of the area on Wednesday.
Dhaka Bank managing director Emranul Huq and Dhaka Bank Foundation CEO Arham Masudul Haque were also present on the occasion.
The branch featured with conventional and Shariah-based products backed by digital platforms to offer banking service round-the-clocks – 24/7 in 365 days.
Expressing gratitude to Bashundhara Group Chairman Ahmed Akbar Sobhan, Dhaka Bank Chairman Abdul Hai Sarker said the bank opened the branch in the elite area with support of the Chairman of the leading industrial conglomerate.
“They (Bashudnahra Group) made tremendous contribution to develop the satellite city. Our university (IUB) is here. Bank is nothing without you (business). Bank means customer. They are most valuable to us. Dhaka Bank is named after the capital which is matter of proud to do business with the brand. We will offer the best services following the regulatory compliance of Bangladesh Bank,”
He also thanked the managing director of Bashundhara Group for joining the ceremony as guest of honour.
In his speech, Bashundhara Group Managing Director Sayem Sobhan Anvir thanked Dhaka Bank for continuous support with the industrial conglomerate.
“I wish the best for the success. I congratulate the board of directors of Dhaka Bank specially to managing director Emranul Huq who has done great job for acquiring the awards from IFC as best bank in South Asia. Thank you very much. Wishing you all the best,” he said.
Dhaka Bank Managing Director Emranul Huq said the Bashundhara is a strong residential area with university, hospitals, and offices of many multinational and local conglomerates.
“We want to become bank for society and bank of relationship. Since staring journey in 1995, Dhaka Bank has been maintaining sustainable growth expanding footprints with 108 branch and 21 sub-branches to serve the unbanked people,” he said.
Emranul also highlighted the recent achievements of Dhaka Bank in international arena as the lender won Best Issuing Bank in South Asia award by International Finance Corporation (IFC), World Bank Group.
Bashundhara Group advisor Abu Tayeb, chief coordinator to managing director Mohammed Golam, sector-B head of banking Razib Samad were present.
North South University vice chancellor Prof Atiqul Islam, Dhaka Bank additional managing director Mohammad Abu Jafar, deputy managing director AKM Shahnawaj and Bashundhara branch manager Shams Rumana Rimi also attended the ceremony.
Dhaka Bank also recognised as ‘Best Corporate and Investment Bank of Bangladesh’ by global financial publication AsiaMoney for comprehensive coverage from corporate clients to investment banking and capital markets and riding out the pandemic.
The bank has focused to middle-class to widen the retail banking operation. It recently started financing SMEs under a digital platform.
The bank has set a target to disburse 30 per cent of its total outstanding loans to the small and medium enterprises sector and retail clients within the next year and 40 per cent by 2025, up from 20 per cent now.
Dhaka Bank accounts for 10 per cent of the financing in the power sector, which has increased electricity generation fourfold in the last decade.
Dhaka Bank introduced Robotic Process Automation (RPA) in 2019 as first lender in Bangladesh. The system helped it run operations efficiently when the country came under a lockdown during the first wave of the pandemic.
UiPath, a global software company based in New York, recognised Dhaka Bank with UiPath Automation Excellence Awards in December last year, also the first among the banks. RPA makes it easy to build, deploy, and manage software robots, which emulate human actions interacting with digital systems and software.