Shimanto Bank is a scheduled commercial bank in Bangladesh. As the slogan goes “Shimanhin Astha”, Shimanto Bank Limited aims to be the leading financial institution to serve with utmost trust.
To build a sound and healthy financial institution which will provide technology-driven customer-centric inclusive banking solutions and contribute to the growth of the national economy with deep social commitment.
History of Shimanto Bank Limited
The bank was established on 21 July 2016 through an act of parliament and planned by Prime Minister Sheikh Hasina. Maj General Aziz Ahmed was the founder chairman, Brig-Gen Taufiqul Hasan Siddiquee was the project director, and Moklesur Rahman was appointed as the first managing director and CEO of the bank. The bank was designed to provide financial services to the marginalized population of the country as well as active and retired personnel of Border Guards Bangladesh. As of November 2021, Shimanto Bank Limited has 19 branches, 2 sub-branches, and 19 ATM booths.
The Prime Minister inaugurates Shimanto Bank formally on 1 September 2016. The founder chairman inaugurated the principal branch on 10 October 2016. The director-general of the Border Guards is the ex-officio chairman of the bank. Major General Shakil Ahmed SPP, NSWC, AFC, psc is the current chairman of the bank.
As the slogan goes ‘Shimahin Astha’, Shimanto Bank PLC. aims to be the leading financial institution to serve with utmost trust.
Shimanto Bank PLC. is fully owned by Border Guard Bangladesh Welfare Trust – a solid welfare initiative for the employees of Border Guard Bangladesh(BGB). Bangladesh Bank has accorded banking license to Shimanto Bank PLC. on July 21, 2016 as a full-fledged scheduled commercial bank with Paid-up Capital of BDT 4000 million. Honorable Prime Minister of Bangladesh was kind enough to inaugurate the bank on September 1, 2016.
Shimanto Bank is primarily focused on fulfilling all the banking need of the BGB members as well as will be operating with all other commercial banking functions by offering numbers of attractive asset and liability products and services tailored for country’s Retail , SME and Corporate clients. As BGB already has it’s presence all over the country including remote border areas, it will be much easier for Shimanto Bank to expand its business network providing inclusive banking facilities to non-banked population of the country.
The bank has a mission to excel in the banking arena with it’s visionary Board of directors, experienced management team supported by highly dedicated staffs. The bank is committed to set an example of high standards of corporate governance for the other financial institutions of the country.
Vision, Mission & Goal
Vision
To build a sound and healthy financial institution which will provide technology driven customer centric inclusive banking solutions and contribute to the growth of national economy with deep social commitment.
Mission
Achieve and maintain strong corporate governance, highest level of transparency and cost-efficiency at all levels of operations.
Ensure continuous improvement of policies, procedures and systems across the Bank for regulatory compliance and sustainable growth in all respect.
Uphold the corporate image by implementing core values and strategic priorities.
Core Values
Customer centric
Dynamism & Techno centric
Innovativeness
Trust worthiness & Integrity
