What Pubali Bank does

Pubali Bank PLC is the largest private commercial bank in Bangladesh. The institution traces back to 1959 when it was founded in then-East Pakistan as Eastern Mercantile Bank Limited under the Bank Companies Act 1913, was nationalized and renamed Pubali Bank following Bangladesh's independence in 1972, and was denationalized and returned to private ownership in 1983 under its present name. Pubali Bank PLC is publicly listed on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) under ticker PUBALIBANK and serves retail, corporate, small and medium enterprise (SME), agricultural, Islamic banking, and non-resident Bangladeshi (NRB) customer segments. As of FY2025 it operates 518 branches, 282 sub-branches, 21 Islamic banking outlets, 2 offshore banking units, more than 1,000 CDM/ATM/CRM machines, and 31,500 POS terminals, supported by a workforce of 10,820 employees.

Name

Pubali Bank

Legal name

Pubali Bank PLC.

Website

https://pubalibangla.com

Company type

Public

Founded year

1959

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Pubali Bank PLC is Bangladesh's largest private commercial bank, offering conventional and Islamic banking across 518 branches, sub-branches, and digital channels for retail, corporate, SME, agricultural, and non-resident Bangladeshi customers.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

Keywords

• Retail banking services
• Commercial lending products
• Islamic banking solutions
• Trade finance services
• Remittance and cards

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income from Loans and Advances: Primary revenue stream from interest earned on various loan products including consumer finance, corporate finance, SME loans, agricultural credit, and Islamic banking financing
2. Interest on Deposits: Interest paid to depositors on savings accounts, fixed deposits, and other deposit schemes
3. Fee and Commission Income: Processing fees, service charges, commission on remittance services, trade finance services, and ATM/card fees
4. Foreign Exchange Operations: Income from import/export business handling, foreign currency transactions, and NFCD/RFCD accounts

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Pubali Bank PLC is a full-service commercial bank offering deposit products (savings, current, fixed deposits, pension, school and senior citizen schemes), loan products (personal, house renovation, car, flat purchase, lease finance, SME, agricultural, green finance), trade finance for import and export, Shariah-compliant Islamic banking under Mudaraba and Bai'-Muajjal structures, international remittance, offshore banking, debit and credit cards, and digital banking delivered through the PI Banking mobile app, PI Corporate platform, Bangla QR payments, and a 1,000+ ATM and 31,500 POS terminal network.

Product overview

Pubali Bank PLC operates as a comprehensive commercial banking institution offering a unified platform of financial products and services. The core banking infrastructure includes traditional deposit accounts (Savings, Current, Fixed Deposit), loan products (Personal Loans, House Construction, Green Finance), and trade finance solutions. Digital banking is delivered through the PI Banking App (mobile banking) and PI Corporate (corporate internet banking), complemented by Islamic Banking services with Shariah-compliant products including Mudaraba accounts and trade finance. The bank maintains an extensive ATM/CDM/CRM network of 1,000 units and 31,500 POS terminals, with 518 branches and 282 sub-branches across Bangladesh. Specialized offerings include Offshore Banking, Lease Finance, Remittance Services, and sustainable finance products such as Green Finance supporting climate-related projects.

Differentiator

Problem solved

Functional benefit

Brands

• PI Banking: Mobile banking application offering 24/7 digital banking services including account management, fund transfers, bill payments, and instant account opening.
• PI Corporate
• Islamic Banking

Products and services

• PI Banking App Mobile banking application enabling 24/7 banking facilities, account management, fund transfers, bill payments, and instant account opening for individual retail customers, available on iOS and Android.
• PI Corporate Online banking platform for corporate clients to streamline business finances, manage transactions, and access treasury and non-transactional digital banking features.
• Cards (Credit Card & Debit Card) Credit and debit card products with various features and benefits for retail banking customers, processed on PCI DSS compliant infrastructure.
• Islamic Banking Shariah-compliant banking products and services including Mudaraba savings accounts, Al-Wadeah current accounts, Mudaraba term deposits (MTDR), Bai'-Muajjal financing, Bai'-Murabaha financing, and Islamic trade finance. Governed by a dedicated Shari'ah Supervisory Committee.
• Lease Finance Equipment financing solution enabling businesses to acquire essential equipment for operational growth through lease arrangements.
• Fixed Deposit Term deposit account offering guaranteed returns with flexible durations from 100 days to 12 months and above, attractive interest rates, automatic renewal facility, and loan facility up to 90% of deposit.
• Remittance Services International money transfer services enabling customers to send and receive funds worldwide, handled BDT 11,362.13 crore in 2025; recognised with Remittance Awards from the Centre for NRB.
• Offshore Banking Tailored financial services for international individuals, delivered through 2 dedicated offshore banking units providing offshore banking solutions.
• Savings Account Interest-bearing local currency deposit account with minimum initial deposit of BDT 500, featuring cheque book facility, debit card access, and 24/7 mobile banking via PI Banking app.
• Current Account Non-interest bearing flexible business account with minimum deposit of Tk. 2,000-5,000, supporting cheque book facility and debit card for businesses.
• Personal Loan Any-purpose personal loan for individuals with fast processing, maximum amount of BDT 40 Lac, flexible EMI repayment up to 60 months, competitive interest rates, and a processing fee of 0.50% (max Tk.1,000 + VAT).
• House Renovation and Construction Loan Residential construction or renovation financing up to Tk. 4 Crore with loan tenure up to 25 years, competitive interest rates, and processing fee of 0.50% (max Tk.15,000 + VAT) for loans up to Tk.50 lac or 0.30% (max Tk.20,000) above.
• Green Finance Sustainable financing solutions supporting climate-positive projects in renewable energy, green buildings, textiles, and manufacturing sectors; expanded following the 2022 $50 million climate loan from British International Investment.
• Bangla QR QR code-based payment solution enabling convenient and secure digital transactions at merchant locations as part of the national Bangla QR payment network.
• ATM/CRM/CDM Network Network of 1,000+ Cash Deposit Machines, Automated Teller Machines, and Cash Recycler Machines providing 24/7 cash withdrawal, deposit, and account services across Bangladesh.
• Merchant POS Network Network of 31,500 point-of-sale terminals enabling card transactions at retail and merchant locations across Bangladesh.
• Trade Finance (Import and Export) Trade finance services for import (LCs, post-import financing) and export (pre-shipment and post-shipment financing), handled BDT 386,642.60 million of export business and BDT 473,137.40 million of import business in 2025.
• SME and Agricultural Finance Special SME loans, micro finance products, and agricultural credit facilities targeted at small and medium enterprises, micro entrepreneurs, and agricultural sector participants across Bangladesh.
• Instant Account Opening (e-KYC) Digital account opening using electronic Know Your Customer (e-KYC) procedures, enabling retail customers to open Pubali Bank accounts through digital channels without visiting a branch.

Quantifiable outcome

• 41.59% growth in net profit in 2025 compared to previous year
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators15 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• BRAC Bank: BRAC Bank is one of the largest private commercial banks in Bangladesh, offering retail, corporate, and SME banking with a strong digital app (Astha). It competes directly with Pubali for retail deposits, SME lending, and digital banking share in Bangladesh.
• Dutch-Bangla Bank: Dutch-Bangla Bank is a leading Bangladeshi private commercial bank with one of the largest ATM/POS networks in the country and a leading mobile banking platform (NexusPay). Direct head-to-head competitor to Pubali in retail banking and digital payments.
• Eastern Bank Limited (EBL): EBL is a Bangladesh private commercial bank with focused retail, corporate, and treasury operations and an emphasis on digital banking. Competes directly with Pubali for corporate banking customers in Dhaka and urban Bangladesh.
• The City Bank PLC: The City Bank is a major Bangladeshi private commercial bank with extensive branch coverage, corporate banking, and emerging digital banking offerings. Direct competitor to Pubali in retail and corporate segments across Bangladesh.
• Islami Bank Bangladesh PLC: Islami Bank Bangladesh is the country's largest Islamic banking franchise offering Shariah-compliant deposit and financing products. It competes directly with Pubali Bank's 21 Islamic branches and broader Islamic banking vertical for Muslim retail and corporate customers.
• Mutual Trust Bank: Mutual Trust Bank is a mid-sized private commercial bank in Bangladesh with SME, retail, and Islamic banking segments. Overlaps with Pubali Bank in SME lending, retail deposits, and Islamic banking positioning.

Broad incumbents

• Standard Chartered Bangladesh: Standard Chartered operates a Bangladesh subsidiary focused on corporate, treasury, and affluent retail banking with an international network. It is a broad incumbent in Bangladesh competing for large corporate and trade finance business that overlaps with Pubali's corporate banking vertical.
• HSBC Bangladesh: HSBC's Bangladesh branch operations serve multinational corporates, trade finance, and affluent retail segments. Overlaps with Pubali in import/export financing and foreign currency banking, but does not compete in mass-market retail or SME.
• Sonali Bank: Sonali Bank is the largest state-owned commercial bank in Bangladesh with the widest branch network nationwide. While it does not compete on private-sector digital innovation, it sets the scale benchmark in Bangladesh banking that Pubali aims to challenge in the private segment.

Emerging players

• Al Rajhi Bank: Al Rajhi Bank is the largest Islamic bank globally and an emerging cross-border player in South Asia. It represents the Islamic banking standard Pubali's growing Islamic vertical could benchmark against; comparable in Mudaraba-based deposit products and trade finance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pubali Bank