 What Is Schedule and Non-Schedule Bank?

In Bangladesh Bank website, scheduled bank and non-scheduled bank are defined as under:

Scheduled Banks: The banks which get license to operate under Bank Company Act, 1991 are
termed as Scheduled Banks.

Non-Scheduled Banks: The banks which are established for special and definite objective and
operate under the acts that are enacted for meeting up those objectives, are termed as Non-
Scheduled Banks. These banks cannot perform all functions of scheduled banks.

 List of Schedule and Non-Schedule Bank in Bangladesh

List of Scheduled bank in Bangladesh:

1. Sonali Bank Ltd. 11. BRAC Bank Limited

2. Janata Bank Ltd. 12. City Bank Limited

3. Agrani Bank Ltd. 13. Dhaka Bank Limited

4. Rupali Bank Ltd. 14. Dutch-Bangla Bank Limited

5. Bangladesh Krishi Bank 15. Eastern Bank Limited

6. Bangladesh Development Bank 16. IFIC Bank Limited

Limited.
17. Jamuna Bank Limited
7. Basic Bank Limited
18. Meghna Bank Limited
8. AB Bank Limited
19. Mercantile Bank Limited
9. Bangladesh Commerce Bank
20. Midland Bank Limited
Limited
21. Modhumoti Bank Limited
10. Bank Asia Limited
22. Mutual Trust Bank Limited
1|Page
 23. National Bank Limited 43. Islami Bank Bangladesh Limited

24. National Credit & Commerce Bank 44. Shahjalal Islami Bank Limited
Limited
45. Social Islami Bank Limited
25. NRB Bank Limited
46. Union Bank Limited
26. NRB Commercial Bank Limited
47. Bank Al-Falah Limited
27. One Bank Limited
48. Citibank N.A
28. Premier Bank Limited
49. Commercial Bank of Ceylon PLC
29. Prime Bank Limited
50. Habib Bank Limited
30. Pubali Bank Limited
51. National Bank of Pakistan
31. South Bangla Agriculture &
52. Standard Chartered Bank
Commerce Bank Limited
53. State Bank of India
32. Southeast Bank Limited
54. Punjab National Bank
33. Standard Bank Limited
55. Woori Bank
34. The Farmers Bank Limited
56. HSBC
35. Trust Bank Limited
List of Non-Schedule bank in Bangladesh:
36. United Commercial Bank Limited
1. Ansar VDP Unnayan Bank
37. Uttara Bank Limited
2. Karmashangosthan Bank
38. Shimanto Bank Ltd
3. Probashi Kollyan Bank
39. Al-Arafah Islami Bank Limited
4. Grameen Bank
40. EXIM Bank Limited
5. Jubilee Bank
41. First Security Islami Bank Limited
6. Palli Sanchay Bank
42. ICB Islamic Bank Limited
2|Page
  Categories of Banks in Bangladesh

Categorizing the scheduled and the non-scheduled banks according to their category:

 State Owned Commercial Banks

1. Sonali Bank Limited 4. Rupali Bank Limited

2. Agrani Bank Limited 5. BASIC Bank Limited

3. Janata Bank Limited 6. Bangladesh Development Bank

Limited

 Private Commercial Banks

PCBs are sub divided into 2 categories:

i. Conventional Commercial Banks

1. AB Bank Limited 14. Modhumoti Bank Limited

2. Bangladesh Commerce Bank 15. Mutual Trust Bank Limited

Limited 16. National Bank Limited
3. Bank Asia Limited 17. National Credit & Commerce
4. BRAC Bank Limited Bank Limited

5. City Bank Limited 18. NRB Bank Limited

6. Dhaka Bank Limited 19. NRB Commercial Bank Limited

7. Dutch-Bangla Bank Limited 20. NRB Global Bank Limited

8. Eastern Bank Limited 21. One Bank Limited

9. IFIC Bank Limited 22. Premier Bank Limited

10. Jamuna Bank Limited 23. Prime Bank Limited

11. Meghna Bank Limited 24. Pubali Bank Limited

12. Mercantile Bank Limited 25. South Bangla Agriculture &

13. Midland Bank Limited Commerce Bank Limited

3|Page
 26. Southeast Bank Limited 30. United Commercial Bank Limited

27. Standard Bank Limited 31. Uttara Bank Limited

28. The Farmers Bank Limited

29. Trust Bank Limited

ii. Islamic Shariah Based Commercial Banks

 Al-Arafah Islami Bank Limited  Islami Bank Bangladesh Limited

 EXIM Bank Limited  Shahjalal Islami Bank Limited

 First Security Islami Bank  Social Islami Bank Limited

Limited  Union Bank Limited
 ICB Islamic Bank Limited
 Conventional Commercial Banks

1. AB Bank Limited 16. National Bank Limited

2. Bangladesh Commerce Bank 17. National Credit & Commerce

Limited Bank Limited

3. Bank Asia Limited 18. NRB Bank Limited

4. BRAC Bank Limited 19. NRB Commercial Bank Limited

5. City Bank Limited 20. NRB Global Bank Limited

6. Dhaka Bank Limited 21. One Bank Limited

7. Dutch-Bangla Bank Limited 22. Premier Bank Limited

8. Eastern Bank Limited 23. Prime Bank Limited

9. IFIC Bank Limited 24. Pubali Bank Limited

10. Jamuna Bank Limited 25. South Bangla Agriculture &

11. Meghna Bank Limited Commerce Bank Limited

12. Mercantile Bank Limited 26. Southeast Bank Limited

13. Midland Bank Limited 27. Standard Bank Limited

14. Modhumoti Bank Limited 28. The Farmers Bank Limited

15. Mutual Trust Bank Limited 29. Trust Bank Limited

4|Page
 30. United Commercial Bank Limited 31. Uttara Bank Limited

 Islamic Shariah Based Commercial Banks

1. Al-Arafah Islami Bank Limited 5. Islami Bank Bangladesh Limited

2. EXIM Bank Limited 6. Shahjalal Islami Bank Limited

3. First Security Islami Bank 7. Social Islami Bank Limited

Limited 8. Union Bank Limited
4. ICB Islamic Bank Limited

 Foreign Commercial Banks

1. Bank Al-Falah Limited 6. Standard Chartered Bank

2. Citibank N.A 7. State Bank of India

3. Commercial Bank of Ceylon PLC 8. Hong Kong and Shanghai

4. Habib Bank Limited Banking Corporation Limited

5. National Bank of Pakistan 9. Woori Bank

 Non-Bank Financial Institutions

1. FAS Finance & Investment Limited

2. First Finance Limited

3. GSP Finance Company (Bangladesh) Limited

4. Hajj Finance Company Limited

5. IDLC Finance Limited

6. Industrial and Infrastructure Development Finance Company Limited

7. Industrial Promotion and Development Company of Bangladesh Limited

8. Infrastructure Development Company Limited

9. International Leasing and Financial Services Limited

10. Islamic Finance and Investment Limited

5|Page
 11. LankaBangla Finance Limited

12. Meridian Finance and Investment Limited

13. MIDAS Financing Limited

14. National Finance Limited

15. National Housing Finance and Investments Limited

16. People’s Leasing and Financial Services Limited

17. ashik’s finace limited

18. Phoenix Finance and Investments Limited

19. Premier Leasing & Finance Limited

20. Prime Finance & Investment Limited

21. Reliance Finance Limited

22. Saudi-Bangladesh Industrial & Agricultural Investment Company Limited

23. SEAF Bangladesh Venture Limited

24. The UAE-Bangladesh Investment Company Limited

25. Union Capital Limited

26. United Finance Limited

27. Uttara Finance and Investments Limited

28. Best Tuition in Dhaka

29. Reza Finance and Investment Inc.

1ST GENERATION BANK: (Before 1991)

1. AB Bank 5. Pubali Bank

2. Islami Bank Bangladesh
6. The City Bank
3. National Bank
7. United Commercial Bank
4. IFIC Bank
8. Uttara Bank

6|Page
 9. ICB Islamic Bank 13. Sonali Bank

10. Agrani Bank 14. BASIC Bank

11. Janata Bank 15. Bangladesh Krishi Bank

12. Rupali Bank 16. Rajshahi Krishi Unnayan Bank

2nd GENERATION BANK: (1991 to 1999)

1. Prime Bank 5. Al-Arafah Islami Bank

2. Dhaka Bank
6. NCC Bank
3. Dutch-Bangla Bank
7. Social Islami Bank
4. Eastern Bank
8. Southeast Bank

3rd GENERATION BANK: (1999 to 2011)

1. Jamuna Bank 8. One Bank

2. Bangladesh Commerce Bank
9. Premier Bank
3. Bank Asia
10. Standard Bank
4. BRAC Bank
11. Trust Bank
5. Mercantile Bank
12. EXIM Bank
6. Mutual Trust Bank
13. Shahjalal Bank
7. First Security Islami Bank

7|Page
 4th GENERATION BANK: (2011 – Present)

1. Union Bank 7. Midland Ban

2. Modhumoti Ban
8. NRB Commercial Bank
3. Farmers Bank
9. South Bangla Agriculture &
4. NRB (Global) Bank Commerce Bank

5. NRB Bank

6. Meghna Bank

8|Page