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Concept
Dutch-Bangla Bank
Résumé
Dutch-Bangla Bank Limited (DBBL) is a bank in Bangladesh. DBBL is a scheduled joint venture private commercial bank between local Bangladeshi parties by M Sahabuddin Ahmed (Founder & Chairman) and a Dutch company FMO. The bank is often colloquially referred to as "DBBL", "Dutch Bangla" and "Dutch Bangla Bank".
Dutch-Bangla Bank Limited was established under the Bank Companies Act 1991 and incorporated as a public limited company under the Companies Act 1994 in Bangladesh in June 1996. It was a Dutch-Bangladesh joint venture and first Bangladeshi-European joint venture of bank in Bangladesh. DBBL commenced formal operation from June 3, 1996. The Bank is listed with the Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited.
In November 2007, Md Yeasin Ali was reappointed managing director of Dutch-Bangla Bank Limited.
In April 2015, robbers stole 318 thousand BDT from an ATM of Dutch Bangla Bank Limited in Kushtia.
Robbers in Gazipur stole 12 million BDT from an ATM of Dutch-Bangla Bank. Abul Kashem Md Shirin was appointed managing director of Dutch-Bangla Bank replacing KS Tabrez in November 2016.
In June 2019, a group of foreign hackers stole 1.6 million BDT from ATMs of Dutch-Bangla Bank in Dhaka. In June, it emerged that the bank lost 3 million USD to cyberattacks which also targeted NCC Bank Limited, and Prime Bank Limited. In July, Abedur Rashid Khan, a director of Dutch-Bangla Bank Limited, transferred his shares of bank to Horizon Associates. The Netherlands Development Finance Company sold their entire stake in Dutch-Bangla Bank in November 2019.
Detective Branch arrested four people, including an IT personnel of Dutch-Bangla Bank Limited, for embezzling 25.7 million BDT from the bank in June 2021.
In 2022, Dutch-Bangla Bank was one of nine banks that held 60% of the excess liquidity in the Bangladeshi market.
In March 2023, 112.5 million BDT from a transport van of the bank in Uttara Model Town. An agent banker of Dutch-Bangla disappeared from Kishoreganj District with 200 million BDT in clients money.
Source officielle
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