Meghna Bank Explained

Meghna Bank PLC.
Type:Commercial Bank
Num Locations:51
Area Served:Bangladesh
Key People:H. N. Ashequr Rahman[1] (Chairman)
Kazi Ahsan Khalil (Managing Director & CEO)
Industry:Financial services
Banking
Products:Banking services, ATM services
Consumer Banking
Corporate Banking
Investment Banking
Services:Conventional, Islamic Banking
Num Employees:1000+ (2024)
Foundation:21 April 2013
Location:Suvastu Imam Square (level 3 & 6)
65, Gulshan Avenue (Gulshan-1)
Dhaka-1212
Bangladesh
Contact Center: 16735 Local & +8809610016735 (Overseas)
Homepage:https://www.meghnabank.com.bd

Meghna Bank PLC. is a fourth-generation bank headquartered in Gulshan, Dhaka, Bangladesh. Established on May 9, 2013,[2] by entrepreneur and politician H. N. Ashequr Rahman, the bank has been in operation for a decade.[3]

History

Meghna Bank Ltd. (MGBL) is a scheduled commercial bank established as a public limited company in Bangladesh in March 2013. It officially commenced banking operations on May 9, 2013, holding a license from Bangladesh Bank.

The bank currently operates 51 branches, 10 Islamic banking windows, 18 agents,[4] and 18 own ATM booths strategically located across the country, with free access to 12,000 ATM booths nationwide.

In February 2020, Meghna Bank obtained permission to operate an Islamic Banking Unit, and in October 2020, it established an Off-shore Banking Unit (OBU) for foreign currency services.[5] [6] The bank also has subsidiary investments in Meghna Bank Securities Limited.[7]

Founder

H. N. Ashequr Rahman is a prominent figure in Bangladeshi business, politics, and academia. Born on December 11, 1941,[8] he pursued his academic journey at Rajshahi University. Later in 1972, he played a vital role as the Administrator of Dhaka Municipality. Beyond his career, Mr. Rahman is a successful businessman, co-founded East West University[9] and is the founder and chairman of Meghna Bank Limited Mr. Rahman has had a noteworthy political career, serving in multiple parliamentary sessions, including as state minister for environment and forests, and as treasurer of the Awami League since 1993.

Leadership

NameRole[10]
H.N. Ashequr RahmanChairman of the Board of Directors
Imrana Zaman ChowdhuryVice Chairperson of the Board of Directors
Tanveer AhmedDirector
Mohammed Mamun SalamDirector & Chairman, Executive Committee
Nuran FatemaDirector
Lion Jahangir Alam ManikDirector
Uzma ChowdhuryDirector
Ishmam Raidah RahmanDirector
Rehana Ashequr RahmanDirector & Chairperson, Risk Management Committee
S M Rezaur RahmanDirector & Chairman, Audit Committee
Tarana AhmedDirector
Dr. Zahara RasulDirector
Md. Mahamudul AlamDirector
Aresha Manami ShafiqDirector
Javed Kaiser AllyDirector
Abu Haydar ChowdhuryDirector
Dr. Syed Ferhat AnwarIndependent Director
Md. Ahsan UllahIndependent Director
Kazi Ahsan KhalilMD & CEO

Kazi Ahsan Khalil was appointed managing director and chief executive officer of Meghna Bank PLC in April 2024.[11]

Products

The bank provides a wide range of services catering to different industries, such as RMG and textiles, food and agrobusiness, infrastructure and energy, technology financing, and more. Deposits, loans, and credit card services for different consumer segments are classified according to different needs and preferences.[12] [13] [14]

Distribution Network: 51 Branches, 24/7 Internet Banking, and access to more than 12,000 ATM booths.[15]

Expansion

With 51 branches spread across Bangladesh, including key locations in Dhaka, Meghna Bank is also currently expanding its branches/, sub-branches/, gent banking outlets/Mobile Financial Service Meghna Pay's cash-in, cash and out points.[16]

See also

List of banks in Bangladesh

Notes and References

  1. Web site: Board of Directors . basicbanklimited.com . 28 July 2016 . https://web.archive.org/web/20160717162930/http://meghnabank.com.bd/mbl/bod.php . 17 July 2016 . dead.
  2. Web site: A fourth generation Bank, Meghna Bank Limited commenced its operation from May 09, 2013" . www.meghnabank.com.bd.
  3. News: Meghna Bank celebrated its 10th anniversary . The Financial Express .
  4. Web site: Meghna Bank Agent Banking .
  5. Web site: We've already launched OBU (Offshore Banking Unit) to facilitate foreign currency unit trade support for domestic customers . The Financial Express.
  6. Web site: "Meghna Bank Limited Launches Offshore Banking Operations." .
  7. Web site: Meghna Bank Securities Limited .
  8. Web site: H. N. Ashequr Rahman MP biography .
  9. Web site: Member, Board of Trustees, EWU. .
  10. Web site: Meghna Bank Ltd. Board of Directors .
  11. News: Kazi Ahsan Khalil Meghna Bank’s new managing director, CEO . The Daily New Nation.
  12. News: Meghna Bank unveils four new deposit products . The Daily Star .
  13. Web site: Bangladesh Bank Info .
  14. Web site: Meghna Bank Ltd. Products .
  15. News: Meghna Bank opens ATM Booth in Rangpur . The Financial Express BD .
  16. Web site: All Branch and ATM Location of Meghna Bank Ltd. .