SHIMANTO BANK PLC

Shimanto Bank PLC. is fully owned by Border Guard Bangladesh Welfare Trust – a solid welfare initiative for the employees of Border Guard Bangladesh(BGB). Bangladesh Bank has accorded banking license to Shimanto Bank PLC. on July 21, 2016 as a full-fledged scheduled commercial bank with Paid-up Capital of BDT 4000 million. Honorable Prime Minister of Bangladesh was kind enough to inaugurate the bank on September 1, 2016.

Shimanto Bank is primarily focused on fulfilling all the banking need of the BGB members as well as will be operating with all other commercial banking functions by offering numbers of attractive asset and liability products and services tailored for country’s Retail , SME and Corporate clients. As BGB already has it’s presence all over the country including remote border areas, it will be much easier for Shimanto Bank to expand its business network providing inclusive banking facilities to non-banked population of the country.