Bangladesh Development Bank Limited

Bangladesh Development Bank Limited, a development financial institution, provides financial and technical assistance to private and public sector industries, and partnership and proprietorship concerns. It offers long and medium term loans; working capital loans to industrial units; equity support services; and commercial banking services, such as deposit mobilization, forex business, letter of credit handling, and forex remittances, as well as issues guarantees on behalf of borrowers for repayment of loans. The company also provides industrial credit programmes, equity entrepreneurship fund programmes, share trading services, incentive programmes for loan recovery, rehabilitation programmes, and deposit mobilization programmes for lending and investment. Bangladesh Development Bank Limited was formerly known as Bangladesh Shilpa Bank and changed its name in October 2009. The company was founded in 1972 and is based in Dhaka, Bangladesh with zonal and branch offices in Dinajpur, Rangpur, Sylhet, Bogra, Mymensingh, Rajshahi, Pabna, Comilla, Faridpur, Jhenidah, Barisal, Noakhali, Khulna, and Chittagong, Bangladesh.