Overview of the Sonali bank:
Overview of the Sonali bank:
National Bank of Pakistan was the largest commercial bank in the then East Pakistan. After liberation of Bangladesh in 1971, this bank along with two smaller banks, Premier Bank and Bank of Bahawalpur were merged into Sonali Bank. The bank was nationalized under Government order P.O.26, 1972.
This bank was transformed into a Public Limited Company under 100% ownership of Government and started functioning as Sonali Bank Limited on 15 November, 2007.
Sonali Bank has an authorized capital of BDT 10 billion and has BDT 9 billion of paid up capital. With 1193 branches including two overseas branches, 3 subsidiaries and 3 representative offices, Sonali is by far the largest commercial bank of the country.
Since its emerge as a nationalized bank in 1972, it is discharging its duties in building the economy of the nation and till now it’s carrying out the social commitment for which it was entrusted.
General Banking
Sonali Bank provides all general banking services to its clients through its extensive network all over the country. Savings and Current accounts, money transfer through Demand Draft, Pay Order, Mail Transfer, and Telegraphic Transfer etc. are regular functions of this bank. In addition it receives utility bills from consumers.
Deposit Schemes
Sonali Bank offers several deposit schemes for different target groups of people. These are:
Sonali Deposit Scheme (SDS)
Education Deposit Scheme (EDS)
Medicare Deposit Scheme (MDS)
Monthly Earning Scheme (MES)
Marriage Savings Scheme (MSS)
Rural Deposit Scheme (RDS) and
Double Benefit Scheme (DBS)
Credit Schemes
Sonali Bank provides loans under the following programs:
Consumer Credit
Special Small Credit
IT Finance
Loan for Diagnostic Center
Loan scheme for Employment Abroad
Consumer Credit loan is designed to support permanent employees in Government, Semi Government, Autonomous and recognized bodies to purchase consumer durables for household use. Rate of interest
National Bank of Pakistan was the largest commercial bank in the then East Pakistan. After liberation of Bangladesh in 1971, this bank along with two smaller banks, Premier Bank and Bank of Bahawalpur were merged into Sonali Bank. The bank was nationalized under Government order P.O.26, 1972.
This bank was transformed into a Public Limited Company under 100% ownership of Government and started functioning as Sonali Bank Limited on 15 November, 2007.
Sonali Bank has an authorized capital of BDT 10 billion and has BDT 9 billion of paid up capital. With 1193 branches including two overseas branches, 3 subsidiaries and 3 representative offices, Sonali is by far the largest commercial bank of the country.
Since its emerge as a nationalized bank in 1972, it is discharging its duties in building the economy of the nation and till now it’s carrying out the social commitment for which it was entrusted.
General Banking
Sonali Bank provides all general banking services to its clients through its extensive network all over the country. Savings and Current accounts, money transfer through Demand Draft, Pay Order, Mail Transfer, and Telegraphic Transfer etc. are regular functions of this bank. In addition it receives utility bills from consumers.
Deposit Schemes
Sonali Bank offers several deposit schemes for different target groups of people. These are:
Sonali Deposit Scheme (SDS)
Education Deposit Scheme (EDS)
Medicare Deposit Scheme (MDS)
Monthly Earning Scheme (MES)
Marriage Savings Scheme (MSS)
Rural Deposit Scheme (RDS) and
Double Benefit Scheme (DBS)
Credit Schemes
Sonali Bank provides loans under the following programs:
Consumer Credit
Special Small Credit
IT Finance
Loan for Diagnostic Center
Loan scheme for Employment Abroad
Consumer Credit loan is designed to support permanent employees in Government, Semi Government, Autonomous and recognized bodies to purchase consumer durables for household use. Rate of interest