Depository & Non-Depository Financial Institutions of Bangladesh
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Depository institution A depository institution is a firm that accepts deposits from households and firms and uses the deposits to make loans to other households and firms. The deposits of three types of depository institution make up the nation’s money. Some depository institution of Bangladesh are Commercial banks Thrift institutions Money market mutual funds Commercial banks This is a financial institution providing services for businesses, organizations and individuals. Commercial bank is defined as a bank whose main business is deposit- taking and making loans. State-owned Commercial Banks Sonali Bank Agrani Bank Rupali Bank Janata Bank Private Commercial Banks BRAC Bank Limited Dutch Bangla Bank Limited Eastern Bank Limited United Commercial Bank Limited Mutual Trust Bank Limited Dhaka Bank Limited Islami Bank Bangladesh Ltd Uttara Bank Limited Pubali Bank Limited IFIC Bank Limited National Bank Limited The City Bank Limited NCC Bank Limited Mercantile Bank Limited Southeast Bank Limited Prime Bank Limited Social Islami Bank Limited Standard Bank Limited Al-Arafah Islami Bank Limited One Bank Limited 11 Sumon Bank Limited Exim Bank Limited First Security Islami Bank Limited Bank Asia Limited The Premier Bank Limited Bangladesh Commerce Bank Limited Trust Bank Limited Jamuna Bank Limited Shahjalal Islami Bank Limited ICB Islamic Bank AB Bank Jubilee Bank Limited Specialized Development Banks BangladeshKrishi Bank Progoti Bank RajshahiKrishi Unnayan Bank BangladeshDevelopment Bank Ltd Bangladesh Somobay Bank Limited Grameen Bank BASICBank Limited Ansar VDP Unnyan Bank The Dhaka Mercantile Co-operative Bank Limited(DMCBL) Karmasangsthan Bank Foreign Commercial Banks Citibank HSBC Standard Chartered Bank Commercial Bank of Ceylon State Bank of India Woori Bank Bank Alfalah National Bank of Pakistan ICICI Bank Habib Bank Limited Thrift institutions The thrift institutions are Savings and loan associations Savings banks Credit unions. 2 Non-depository financial institution A financial institution that funds their investment activities from the sale of securities or insurance. A financial institution funded by the sale of stock, insurance or other securities instead of through deposits. There are some name of non-depository institution are given below: Insurance Company Brokerage House Finance Company & Investment Company Pension Fund Insurance Company Public Sector (Life) Bangladesh Jiban Bima Corporation Public Sector (Non-life) Bangladesh Sadharan Bima Corporation Private Sector (Life) MetLife Bangladesh (Foreign Company) Baira Life Insurance Company Ltd. Delta Life Insurance Company Ltd. Farest Islami Life Insurance Co. Ltd. Golden Life Insurance Ltd. Homeland Life Insurance Company Ltd. Meghna Life Insurance Company Ltd. National Life Insurance Company Ltd. Padma Islami Life Insurance Company Ltd. Popular Life Insurance Company Ltd. Pragati Life Insurance Ltd. Prime Islami Life Insurance Company Ltd. Progressive Life Insurance Company Ltd. Rupali Life Insurance Company Ltd. Sandhani Life Insurance Company Ltd. Sunflower Life Insurance Company Ltd. Sunlife Insurance Company Ltd. Zenith Islami Life Insurance Ltd. Mercantile Islami Life Insurance Ltd. NRB Global Life Insurance Company Ltd. Guardian Life Insurance Ltd. Chartered Life Insurance Company Ltd. Best Life Insurance Company Ltd. Protective Islami Life Insurance Co. Ltd. Sonali Life Insurance Co. Ltd. Sawdesh Life Insurance Co. Ltd. Diamond Life Insurance Co. Ltd. Alpha Islami Life Insurance Ltd. 3 Trust Islami Life Insurance Co. Ltd. Jamuna Life Insurance Ltd. Private Sector (Non-Life) Agrani Insurance Company Ltd. Asia Insurance Ltd. Asia Pacific Gen Insurance Co. Ltd. Bangladesh Co-operatives Ins. Ltd. Bangladesh General Insurance Co. Ltd. Bangladesh National Insurance Co. Ltd. Central Insurance Company Ltd. City General Insurance Company Ltd. Continental Insurance Ltd. Crystal Insurance Company Ltd. Desh General Insurance Company Ltd. Eastern Insurance Company Ltd. Eastland Insurance Company Ltd. Express Insurance Ltd. Federal Insurance Company Ltd. Global Insurance Ltd. Green Delta Insurance Co. Ltd. Islami Commercial Insurance Co. Ltd. Islami Insurance Bangladesh Ltd. Janata Insurance Company Ltd. Karnaphuli Insurance Company *Ltd. Meghna Insurance Company Ltd. Mercantile Insurance Company Ltd. Nitol Insurance Company Ltd. Northern Gen. Insurance Company Ltd. Peoples Insurance Company Ltd. Phonix Insurance Company Ltd. Pioneer Insurance Company Ltd. Pragati Insurance Ltd. Pramount Insurance Company Ltd. Prime Insurance Company Ltd. Provati Insurance Company Ltd. Purabi General Insurance Company Ltd. Reliance Insurance Limited. Republic Insurance Company Ltd. Rupali Insurance Company Ltd. Sonar Bangla Insurance Company Ltd. South Asia Insurance Company Ltd. Standard Insurance Ltd. Takaful Islami Insurance Ltd. Dhaka Insurance Ltd. Union Insurance Company Ltd. United Insurance Company Ltd. Sena Kalyan Insurance Company Ltd. Sikder Insurance Company Ltd. 4 Finance & Investment Company 1. Uttara Finance and Investments Limited 2. United Leasing Company Limited (ULCL) 3. Union Capital Limited 4. The UAE-Bangladesh Investment Co. Ltd 5. Saudi-Bangladesh Industrial & Agricultural Investment Company Limited (SABINCO) 6. Reliance Finance Limited 7. Prime Finance & Investment Ltd 8. Premier Leasing & Finance Limited 9. Phoenix Finance and Investments Limited 10. People's Leasing and Financial Services Ltd 11. National Housing Finance and Investments Limited 12. National Finance Ltd 13. MIDAS Financing Ltd. (MFL) 14. Lanka Bangla Finance Ltd. 15. Islamic Finance and Investment Limited 16. International Leasing and Financial Services Limited 17. Infrastructure Development Company Limited (IDCOL)¿ 18. Industrial Promotion and Development Company of Bangladesh Limited(IPDC) 19. Industrial and Infrastructure Development Finance Company (IIDFC) Limited 20. IDLC Finance Limited 21. Hajj Finance Company Limited 22. GSP Finance Company (Bangladesh) Limited (GSPB) 23. First Lease Finance & Investment Ltd. 24. FAS Finance & Investment Limited 25. Fareast Finance & Investment Limited 26. Delta Brac Housing Finance Corporation Ltd. (DBH) 27. Bay Leasing & Investment Limited 28. Bangladesh Industrial Finance Company Limited (BIFC) 29. Bangladesh Finance & Investment Co. Ltd. 30. Agrani SME Finance Co. Ltd. Brokerage House A.B. ISPAHANI SECURITIES LID A.B.S. SAFDAR & CO. LTD A.F.M. SHAMSUDDIN & CO. A.L. SECURITIES LTD. A.M. SECURITIES AND FINANCIAL SERVICES LTD A.R. CHOWDHURY SECURITIES LTD. AB & COMPANY LTD. ADIL SECURITIES LTD. AHMED IQBAL HASAN SECURITIES LTD. AL-HAJ SECURITIES & STOCKS LTD AL-HAJA JAHANARA SECURITIES LTD ALI SECURITIES CO. LTD. 5 ARAFAT SECURITIES LTD. ARC SECURITIES LTD. ARENA SECURITIES LTD. ARIES SECURITIES LTD. ASENZ SECURITIES LTD. ALLIANCE SECURITIES& ANAGEMENT ALLIANCE SECURITIES& ANAGEMENT. AL-MUNTAHA TRADING CO.LTD. ALOCO SECURITIES LTD. ALPHA EQUITIES LTD. ANCHOR SECURITIES LTD. ANF MANAGEMENT CO. LTD. ANWAR SECURITIES LTD. AZAM SECURITIES LTD. B & B ENTERPRISE LTD. B L I SECURITIES LTD. B R B SECURITIES LTD. BALI SECURITIES LTD. BANCO SECURITIES LTD. BANGLADESH COMMERCE BANK LTD. BANK ASIA LTD. BULBUL SECURITIES LTD. C-MAART SECURITIES LTD. CMSL SECURITIES LTD. CONMARK LTD. COUNTRY STOCK (BANGLADESH) LTD. DAWN SECURITIES LTD. DAYTON HOLDINGS LTD. DESA SECURITIES LTD. DHAKA BANK LTD. DHANMONDI SECURITIES LTD. DMR SECURITIES SERVICES LTD. DOHA SECURITIES LTD. DSFM SECURITIES LTD. DYNAMIC SECURITIES CONSULTANTS. E- SECURITIES LTD. EMINENT SECURITIES LTD. EQUITY PARTNERS SECURITIES LTD. ERSHAD SECURITIES LTD. ETTIHAD SECURITIES LTD. EXPO TRADERS LTD. FARIDA RAQUIB SECURITIES LTD. G M F SECURITIES LTD. GATEWAY EQUITY RESOURCES LTD. 6 GLOBAL SECURITIES LTD. GQ SECURITIES LTD. MAC SECURITIES LTD. HABIBUR RAHMAN SECURITIES LTD. HAJI AHMAD BROTHERS SECURITIES HARPOON SECURITIES LTD. HEDAYETULLAH SECURITIES LTD. IBRAHIM SECURITIES LTD. ICB SECURITIES TRADING COMPANY IMTIYAZ HUSAIN SECURITIES LTD. INTERNATIONAL LEASING SECURITIES. 3 K C SECURITIES LTD. JAMAL AHMED SECURITIES LTD. JAHAN SECURITIES LTD. K. SECURITIES & CONSULTANTS LTD. KAZI EQUITIES LTD. KAZI EQUITIES LTD. KHURSHID ALAM SECURITIES LTD. LANKABANGLA SECURITIES LTD. LATIF SECURITIES LTD. LRK SECURITIES LTD. M & Z SECURITIES LTD. M & Z SECURITIES LTD. M. RAHMAN SECURITIES LTD. MD. FAKHRUL ISLAM SECURITIES LTD. MIAN ABDUR RASHID SECURITIES LTD. MIDWAY SECURITIES LTD. MODERN SECURITIES LTD. MULTI SECURITIES & SERVICES LTD Reference 1. Bangladesh Bank 2. Wikipedia 3. Google.com 7.