NRB Bank

Name

NRB Bank

Legal name

NRB Bank PLC

Website

https://nrbbankbd.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (522110), Credit Card Issuing (52221), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

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

akta.pro secondary industries

Islamic Retail Banking (FSABAGAA), Islamic Corporate Banking (FSABAGAC)

Keywords

• Retail banking services
• Corporate banking solutions
• SME financing
• Islamic banking products
• Credit card services

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Interest Income: Traditional banking interest income from loans, advances, and credit facilities including retail loans, SME loans, corporate financing, and Islamic banking investments.
2. Fee and Commission Income: Transaction fees, credit card fees, commission on remittance services, trade finance fees, and various service charges.
3. Card Operations: Revenue from credit card interest, annual fees, transaction fees, and merchant commissions on card payments.
4. Deposit Account Services: Term deposits, savings accounts, special notice deposits (SND), and other deposit products generating stable funding.
5. Trade Finance Services: Import and export letter of credit, bank guarantees, documentary collection, and trade-related financing services.

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels6 records

Core offering

NRB Bank PLC is a commercial bank in Bangladesh providing a full suite of banking products across retail, corporate, SME, Islamic, and NRB (Non-Resident Bangladeshi) segments. Its offerings include deposit accounts, savings schemes, retail and corporate loans, credit and debit cards, trade finance, payroll banking, cash management, working capital financing, Shariah-compliant products, foreign remittance, and digital banking via the NRB Click mobile app and internet banking portals. The bank operates 95 branches/sub-branches, 51 ATMs, 12 Islamic banking windows, and an agent banking network across Bangladesh.

Product overview

NRB Bank PLC is a Bangladesh-based commercial bank offering a comprehensive suite of banking products and services through a platform-plus-modules architecture. The core banking system is being upgraded to Oracle FLEXCUBE UBS Version 14.8. The retail banking suite includes credit cards (Visa Signature, Visa Platinum, Visa Gold, Visa Classic, Visa Islamic, Visa Pearl Premium, and Visa Corporate), debit cards, retail deposit accounts, savings schemes, home loans, personal loans, car loans, and student banking. The corporate banking module encompasses business transaction accounts, term deposits, special notice deposits, payroll banking, trade finance, working capital financing, and cash management services. SME banking is supported through dedicated SME loans, the SME Equity Planner savings scheme, and the SME HUB service centers. Digital banking is delivered via NRB Click mobile app, NRB eBanking internet banking, and Agent Banking. Islamic banking services include Al-Wadeeah Current Account, Mudaraba Savings Account, and Mudaraba Savings Schemes. The bank has recently launched Bangladesh's first Insurance-Embedded Visa Prepaid Payroll Card and achieved Mastercard Principal Membership status.

Differentiator

Problem solved

Functional benefit

Brands

• NRB Click: Mobile banking application for digital banking services
• SME HUB
• NRB Connect
• Al-Wadeeah
• Mudaraba Savings

Products and services

• NRB Click Mobile App Mobile banking application providing convenient 24/7 banking services available on Google Play and Apple App Store for NRB Bank customers.
• NRB eBanking Internet banking platform for 24/7 access to banking services anytime and anywhere for NRB Bank customers.
• Agent Banking Banking services provided through authorized agents in underserved areas for convenient financial access across Bangladesh.
• Retail Deposit Account Full array of day-to-day banking solutions built around individual customer needs for retail customers in Bangladesh.
• Retail Saving Schemes Various savings schemes for retail customers including Deposit Pension Schemes (DPS) and other structured deposit products.
• Retail Loans Personal loans including Home Loan, My Loan, and Car Loan repaid via Equal Monthly Installments for individual retail customers.
• Student Banking Banking products and services designed for students in Bangladesh to introduce them to banking services.
• Business Transaction Account Business checking account with priority business cheque for day-to-day money management and NRB Internet Banking access, designed for corporate customers.
• Corporate Term Deposits Corporate term deposits with auto-renewal facility offering tiered annual interest rates (7%-10%) based on deposit amount, with overdraft facility up to 90% of deposit value.
• Special Notice Deposit (SND) Tiered-rate business deposit account with higher interest as balance increases, supporting business growth for corporate customers.
• Payroll Banking Convenient payroll management solution with tailor-made products and propositions for corporates to manage employee salary with fee waivers and discounts.
• Trade Finance & Bank Guarantees Import and export services including Letter of Credit, Trust Receipt, Invoice financing, and various bank guarantees for trade transactions, designed for corporate clients.
• Working Capital Financing Financing solutions to free up working capital for effective business cash flow management with competitive fixed and floating rate options for corporate clients.
• Cash Management Service Countrywide collections and payments services for utility bills, payments, and different fees with electronic fund transfer through NRB Internet Banking.
• SME Equity Planner Exclusive monthly saving scheme for business enterprises with minimum installment of BDT 500 and maximum BDT 50,000, tenor of 3-5 years, with 90% SOD facility of deposited amount value.
• Islamic Banking Shariah-compliant banking products and services including Al-Wadeeah Current Account, Mudaraba Savings Account, Mudaraba Savings Schemes, and Islamic Banking Investments, served through 12 Islamic banking branches/windows.
• Foreign Remittance International money transfer services for receiving remittances from abroad, targeted at Non-Resident Bangladeshis and Bangladeshi diaspora.
• Visa Signature Credit Card Premium credit card with credit limit of BDT 300,000 to BDT 1,000,000, offering reward points, complimentary lounge access, airport services, dining offers, and dual currency facility.
• Visa Platinum Credit Card Credit card with credit limit of BDT 200,000 to BDT 1,000,000 offering complimentary Balaka VIP Lounge access and 100% renewal fee waiver with 14 annual transactions.
• Visa Gold Credit Card Credit card with limit of BDT 100,000-199,999 offering cash advance facility up to 50% limit from any VISA/NPSB ATM and 100% renewal fee waiver with 14 annual transactions.
• Visa Classic Credit Card Entry-level credit card with credit limit of BDT 20,000 to 99,999 offering convenience, reliability, and worldwide acceptance.
• Visa Islamic Credit Card Shariah-compliant credit card with credit limit of BDT 200,000-1,000,000 offering Islamic banking principles.
• Visa Corporate Credit Card Corporate credit card offering convenience for business transactions with dedicated corporate banking features for corporate customers.
• Insurance-Embedded Visa Prepaid Payroll Card Bangladesh's first Insurance-Embedded Visa Prepaid Payroll Card combining seamless salary disbursement with built-in insurance benefits. Cardholders can access funds through ATM withdrawals, POS purchases, online transactions, and bill payments.

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Five partnerships are on record, tiered flagship, core and minor.

• VisaflagshipStrategic or Co-development Partner · 1 June 2026NRB Bank in collaboration with Visa launched Bangladesh's first Insurance-Embedded Visa Prepaid Payroll Card - an innovative payroll solution combining seamless salary disbursement with built-in insurance benefits. The card provides access through ATM withdrawals, POS purchases, online transactions, and bill payments.
• MastercardcoreTechnology or Integration · 1 May 2026Mastercard granted Principal Membership licensing to NRB Bank, enabling the bank to issue Mastercard Credit Card, Debit Card, Prepaid Card and SME Card products in Bangladesh. This partnership provides access to Mastercard's global network and advanced digital payment capabilities.
• Ascent Health LimitedminorStrategic or Co-development Partner · 1 May 2026Strategic agreement providing NRB Bank credit cardholders and employees with up to 30% discount on pathological tests and access to specialized medical consultations across multiple disciplines including Internal Medicine, Respiratory Medicine, Rheumatology, Dermatology, Nephrology, Neurology, Gynecology, and Pediatrics.
• Oracle Financial Services Software (OFSS)coreTechnology or Integration · 27 April 2026NRB Bank signed agreement with Oracle Financial Services Software to upgrade its core banking system to Oracle FLEXCUBE UBS Version 14.8, marking the first-ever implementation of UBS 14.8 in Bangladesh. The upgrade is expected to enhance customer service, improve operational efficiency, and strengthen the bank's digital readiness.
• Data Edge LimitedcoreImplementation/ SI/ Consulting Partner · 27 April 2026Local implementation partner for Oracle FLEXCUBE UBS 14.8 upgrade, working alongside Oracle Financial Services Software and NRB Bank at the signing ceremony in Dhaka.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BRAC Bank: One of Bangladesh's largest private commercial banks, listed on DSE, offering retail, corporate, SME and cards products with a similar multi-segment strategy and country-wide branch footprint directly comparable to NRB Bank.
• Eastern Bank Limited (EBL): Mid-tier Bangladeshi private commercial bank with similar retail, corporate and SME product mix and Visa/Mastercard credit card portfolio; listed on DSE/CSE — directly comparable on scale and customer profile.
• Dutch-Bangla Bank: Large Bangladesh commercial bank with a leading ATM network and dominant retail/card franchise; competes with NRB on retail deposits, cards and nationwide distribution.
• Prime Bank Limited: Private sector Bangladeshi commercial bank offering similar retail, corporate, SME and Islamic banking services through a comparable branch-and-ATM distribution model.
• Bank Asia Limited: Bangladesh-licensed private commercial bank with comparable product breadth including Islamic banking, SME, trade finance and credit cards, competing in the same mid-tier segment.
• Mutual Trust Bank (MTB): Bangladesh private commercial bank with similar listed-company scale, retail/SME focus and multi-channel distribution, overlapping with NRB on Islamic banking and card products.
• City Bank (Bangladesh): Established Bangladeshi commercial bank with full retail, corporate, SME and Islamic suite; directly overlaps with NRB's NRB-focused remittance and trade finance offerings.
• Southeast Bank Limited: Bangladeshi listed private commercial bank offering retail, corporate and Islamic banking products with a comparable branch network size and customer base.
• Dhaka Bank Limited: Bangladesh private commercial bank with similar scale, multi-segment offerings and listed-equity profile; a closely comparable peer for retail and corporate banking analysis.

Emerging players

• Al-Arafah Islami Bank: Bangladesh Islamic commercial bank focused on Shariah-compliant retail and corporate banking; comparable to NRB's Islamic Banking segment with 12 windows and Islamic Visa products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/nrbbankbd
• LinkedInlinkedin.com/company/nrb-bank-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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 NRB Bank