Trust Bank Limited is a private commercial bank established in 1999 in Bangladesh. It is backed by Army Welfare Trust of Bangladesh Army.[2] General SM Shafiuddin Ahmed the chief of Bangladesh army is its chairman.[3][4] It is one of the leading private commercial banks having a network of 114 branches, 7 SME Service Centers, 244 ATM Booths and 140 POS in 114 Branches across Bangladesh.
In 1999, the Bangladesh Army Welfare Trust established Trust bank limited.[5]
In 2001, the bank introduced automated branch banking system. In 2005, the bank introduced ATM services for its customers.
In January 2007, Trust Bank launched online banking services.[2] Customers can now deposit or withdraw money from any branch of Trust Bank nationwide without needing to open multiple accounts in multiple branches.[2] In November 2008, Trust Bank denied allegations by Mahmudur Rahman that its former chairman, Hasan Mashhud Chowdhury, was involved with laundering money from the bank in 2002.[6] Trust Bank announced 10 per cent dividends in 2008 at the 9th annual general meeting of the bank.[7]
The Bank opened a merchant banking wing in 2009.[8]
In 2020, the consolidated net profit for the bank was 650 million taka.[9]
On 2 August 2022, Trust Bank held its the 23rd Annual General Meeting online chaired by the vice-chairman of the bank, Major General Md Moshfequr Rahman.[10] The meeting approved a 22.5 dividend for the year.[10] The bank signed an agreement with Bengal Commercial Bank Limited to facilitate money transfer through Ria Money Transfer.[10] Trust Axiata Pay, also known as TAP, is a money transfer service owned by Trust Bank Limited.[11][12] TAP has an agreement with Canteen Stores Department for processing payment.[11]
Referencesedit
^"Board of Directors". Trust Bank Limited. Retrieved 3 February 2016.
^ abc"About TBL". trustbank.com.bd. Retrieved 2 February 2016.
^"Board of Directors". www.tblbd.com. Retrieved 3 February 2016.
^"About TBL". Trust Bank Limited. Retrieved 2 February 2016.
^"BGB plans to enter into banking business". New Age. 25 February 2015. Retrieved 17 September 2016.
^"Trust Bank bins charges". The Daily Star. 2008-11-04. Retrieved 2022-11-28.
^"Trust Bank okays 10pc bonus share". The Daily Star. 2008-06-04. Retrieved 2022-11-28.
^"Trust Bank opens merchant banking wing". The Daily Star. 2009-01-23. Retrieved 2022-11-28.
^"Trust Bank declares higher dividend despite profit fall". The Business Standard. 2021-06-15. Retrieved 2022-11-28.
^ abc"Bengal Commercial Bank, Trust Bank sign agreement". Dhaka Tribune. 2022-09-18. Retrieved 2022-11-28.
trust, bank, limited, bangladesh, trust, bank, limited, private, commercial, bank, established, 1999, bangladesh, backed, army, welfare, trust, bangladesh, army, general, shafiuddin, ahmed, chief, bangladesh, army, chairman, leading, private, commercial, banks. Trust Bank Limited is a private commercial bank established in 1999 in Bangladesh It is backed by Army Welfare Trust of Bangladesh Army 2 General SM Shafiuddin Ahmed the chief of Bangladesh army is its chairman 3 4 It is one of the leading private commercial banks having a network of 114 branches 7 SME Service Centers 244 ATM Booths and 140 POS in 114 Branches across Bangladesh Trust Bank LimitedCompany typePublicTraded asDSE TRUSTBANKIndustryBankingFounded1999 25 years ago 1999 in Dhaka BangladeshHeadquartersShadhinota Tower Bir Srestha Shahid Jahangir Gate Dhaka Cantonment Dhaka BangladeshNumber of locations114Key peopleGeneral SM Shafiuddin Ahmed Chairman Ms Humaira Azam Managing Director amp CEO 1 ProductsBanking services ATM services Consumer BankingCorporate BankingInvestment Banking Islamic Banking Treasury Management Internet Banking Locker ServicesOperating income 11 729 billion US 110 million 2020 Total assets 354 778 billion US 3 3 billion 2020 ParentArmy Welfare TrustSubsidiariesTrust Bank Securities Limited Trust Bank Investment Limited Trust Axiata Digital LimitedRatingLong Term AA2 Short Term ST 1Websitewww wbr tblbd wbr comHistory editIn 1999 the Bangladesh Army Welfare Trust established Trust bank limited 5 In 2001 the bank introduced automated branch banking system In 2005 the bank introduced ATM services for its customers In January 2007 Trust Bank launched online banking services 2 Customers can now deposit or withdraw money from any branch of Trust Bank nationwide without needing to open multiple accounts in multiple branches 2 In November 2008 Trust Bank denied allegations by Mahmudur Rahman that its former chairman Hasan Mashhud Chowdhury was involved with laundering money from the bank in 2002 6 Trust Bank announced 10 per cent dividends in 2008 at the 9th annual general meeting of the bank 7 The Bank opened a merchant banking wing in 2009 8 In 2020 the consolidated net profit for the bank was 650 million taka 9 On 2 August 2022 Trust Bank held its the 23rd Annual General Meeting online chaired by the vice chairman of the bank Major General Md Moshfequr Rahman 10 The meeting approved a 22 5 dividend for the year 10 The bank signed an agreement with Bengal Commercial Bank Limited to facilitate money transfer through Ria Money Transfer 10 Trust Axiata Pay also known as TAP is a money transfer service owned by Trust Bank Limited 11 12 TAP has an agreement with Canteen Stores Department for processing payment 11 References edit Board of Directors Trust Bank Limited Retrieved 3 February 2016 a b c About TBL trustbank com bd Retrieved 2 February 2016 Board of Directors www tblbd com Retrieved 3 February 2016 About TBL Trust Bank Limited Retrieved 2 February 2016 BGB plans to enter into banking business New Age 25 February 2015 Retrieved 17 September 2016 Trust Bank bins charges The Daily Star 2008 11 04 Retrieved 2022 11 28 Trust Bank okays 10pc bonus share The Daily Star 2008 06 04 Retrieved 2022 11 28 Trust Bank opens merchant banking wing The Daily Star 2009 01 23 Retrieved 2022 11 28 Trust Bank declares higher dividend despite profit fall The Business Standard 2021 06 15 Retrieved 2022 11 28 a b c Bengal Commercial Bank Trust Bank sign agreement Dhaka Tribune 2022 09 18 Retrieved 2022 11 28 a b TAP brings payment facilities at cantonment CSD Dhaka Tribune 2022 07 26 Retrieved 2022 11 28 Tap brings add money and fund transfer facility Dhaka Tribune 2022 09 18 Retrieved 2022 11 28 External links edit nbsp Banks portal Official website Internet Banking Service Official Facebook Page nbsp This Asian bank related article is a stub You can help Wikipedia by expanding it vte nbsp This Bangladesh related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Trust Bank Limited Bangladesh amp oldid 1223384706, wikipedia, wiki, book, books, library,
