What Jamuna Bank does

Jamuna Bank PLC is a Bangladesh-based commercial bank founded in 2001 and headquartered in Dhaka, operating as a state-owned, publicly listed financial institution that celebrated its 25th anniversary in June 2026. The bank serves retail consumers, small and medium enterprises (SMEs), large corporates, non-resident Bangladeshis (NRBs), agricultural borrowers, and Shariah-compliant banking customers through a multi-segment platform that includes Retail Banking, SME Banking, Wholesale Banking, NRB Banking, Islamic (Islami) Banking, International Trade, Treasury, Agriculture Banking, and Agent Banking. Its physical distribution network comprises 170 branches, 115 sub-branches, 365 ATMs/CRMs, and 70 agent banking outlets across Bangladesh, complemented by digital channels including an Internet Banking platform, the Shadhin mobile banking application, and a Green PIN service for instant card activation via OTP verification.

The bank's revenue model combines net interest income from lending activities (retail loans, SME financing, wholesale facilities, agricultural credit) with fee-based income from account services, card services, foreign exchange transactions, and remittance services. The bank has pursued recent strategic partnerships to expand its global remittance network (Horizon Remit, December 2025), access central bank refinance schemes (Bangladesh Bank, June 2026), and offer value-added healthcare services (BRHC and Chinese hospitals, May 2026). The bank is a designated Primary Dealer in Bangladesh government securities and holds industry recognitions including Best CSR Bank, Sustainability Rating, and Green Banking awards.

Jamuna Bank faces material governance and asset-quality risks. In January 2026, Bangladesh's Anti-Corruption Commission filed four new cases against Salman F Rahman and family members, plus 90 others, over alleged embezzlement and money laundering of Tk 28.57 billion from the bank, bringing total cases against the Rahman family to nine. The alleged scheme involved loans and Export Development Fund facilities obtained by Beximco Group entities through fictitious import-export transactions, with funds subsequently transferred and laundered. This regulatory exposure presents a significant overhang on the bank's reputation, capital adequacy, and operational stability.

Name

Jamuna Bank

Legal name

Jamuna Bank PLC

Website

https://jamunabankbd.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Jamuna Bank PLC is a Bangladesh-based, state-owned commercial bank founded in 2001 that serves retail, SME, corporate, NRB, agricultural, and Islamic banking customers through 170 branches, 365 ATMs, digital platforms, and remittance partnerships.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (522110)

SIC

National Commercial Banks (6021)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Cash Management & Payments (Merchant, ACH/Wires, Payroll) (FSABABAD), SME Sector/Specialty Banking (Vertical-focused: Healthcare, Agri, Tech, etc.) (FSABABAI), Credit Cards & Revolving Credit (FSABAAAC), SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI)

Keywords

• Retail banking services
• Commercial banking
• SME financing
• Islamic banking
• Trade finance

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Interest income generated from lending activities including retail loans, SME financing, wholesale banking facilities, and agricultural loans.
2. Fee-based Banking Services: Fee income from various banking services including account services, transaction charges, card services, and foreign exchange transactions.
3. Remittance Services: Foreign remittance services for non-resident Bangladeshis, generating fees from international money transfers through partnership networks.
4. Islamic Banking: Shariah-compliant banking products and services under Islami Banking segment.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels3 records

Core offering

Jamuna Bank PLC is a Bangladeshi commercial bank providing a full range of banking services across retail, SME, wholesale, Islamic, NRB (Non-Resident Bangladeshi), agriculture, treasury, and international trade segments. The bank distributes these services through 170 branches, 115 sub-branches, 365 ATMs/CRMs, 70 agent banking outlets, and digital channels including Internet Banking and the Shadhin mobile app. Its core products encompass deposits, lending facilities, debit and credit cards, remittance, and trade finance products.

Product overview

Jamuna Bank operates as a diversified financial institution offering a comprehensive banking platform across multiple segments including Retail, Corporate/SME, Islami Banking, Treasury, Wholesale Banking, NRB (Non-Resident Bangladeshi), International Trade, Agriculture, and Agent Banking. The core digital banking infrastructure includes Internet Banking (Digital Banking platform), Shadhin mobile banking app, and a Service Portal for internal operations. Card services feature credit and debit cards with a Green PIN self-activation feature. The bank serves individual consumers, businesses, and non-resident Bangladeshis through branch networks, agent banking outlets, and digital channels.

Differentiator

Problem solved

Functional benefit

Brands

• Green PIN: Secure PIN generation service for debit, prepaid or credit cards allowing instant PIN activation without waiting for paper or mail.
• Shadhin
• Internet Banking

Products and services

• Retail Banking Banking products and services designed for individual customers including savings and deposit accounts, personal loans, and retail credit facilities.
• Credit and Debit Cards Credit and debit card offerings for retail and corporate customers, with card activation supported by the Green PIN service.
• SME Banking Banking solutions tailored for small and medium enterprises including specialized financing, working capital facilities, and business services.
• Islami Banking Shariah-compliant banking products and services operating under Islamic finance principles, including deposit accounts, financing, and trade services.
• Treasury Treasury and capital markets services including foreign exchange operations and money market activities.
• Wholesale Banking Corporate banking services for large businesses and institutional clients including corporate loans, project finance, and cash management.
• NRB Banking Banking services for Non-Resident Bangladeshis including international remittance services, NRB accounts, and Wage Earners' Remittance Bonds.
• International Trade Trade finance and international banking services including letters of credit, export/import financing, and foreign exchange for trade.
• Agent Banking Banking services delivered through authorized agents extending the bank's outreach to underserved and rural areas.
• Agriculture Banking Banking products and financing solutions for the agricultural sector supporting farmers and agri-businesses with crop loans and rural credit.
• Internet Banking Online banking platform enabling customers to manage accounts, conduct transactions, and access banking services via the internet.
• Shadhin Mobile Banking Mobile banking application providing banking services on Android and iOS smartphone devices for convenient anytime customer access.
• Green PIN Service Digital PIN generation and card activation service allowing customers to instantly activate debit, prepaid, or credit cards and set secure PINs via OTP verification.

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Bangladesh BankcoreTechnology or Integration · 1 June 2026Jamuna Bank PLC signed participation agreements with Bangladesh Bank under two refinance schemes. These agreements enable the bank to participate in central bank refinancing programs for targeted lending sectors.
• BRHC and Leading Chinese HospitalsminorStrategic or Co-development Partner · 5 May 2026Jamuna Bank PLC signed a tripartite MoU with Bangladesh Reputation Holdings & Consulting (BRHC) and leading Chinese hospitals to provide healthcare services for bank customers and employees.
• Horizon Remit Sdn BhdcoreChannel Partner/ Reseller/ Distributor · 28 December 2025Jamuna Bank PLC signed a foreign remittance drawing agreement with Malaysia-based Horizon Remit Sdn Bhd. The partnership aims to strengthen the bank's global remittance network for Bangladeshi expatriates. Horizon Remit will promote Jamuna Bank's account-opening services and Wage Earners' Remittance Bonds among Bangladeshi workers in Malaysia, facilitating secure and reliable remittance flows to Bangladesh.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• bKash: Bangladesh's leading mobile financial services platform. Competes with Jamuna Bank on retail deposits, payments, and person-to-person transfers, representing the primary fintech disruption threat.

Direct peers

• Prime Bank: Bangladesh private commercial bank offering retail, SME, corporate, and trade finance. Comparable to Jamuna Bank across wholesale banking and trade finance segments.
• Pubali Bank: One of the largest listed commercial banks in Bangladesh with broad retail, SME, and corporate presence. Comparable scale and segment coverage to Jamuna Bank.
• Southeast Bank Limited: Bangladesh private commercial bank with comparable retail, SME, and corporate product mix and a similar mid-tier branch footprint.
• Islami Bank Bangladesh: Bangladesh's largest Islamic/Shariah-compliant bank. Directly comparable on the Islami Banking segment Jamuna Bank operates.
• Dutch-Bangla Bank: Leading Bangladesh commercial bank with extensive ATM and agent banking network serving retail, SME, and corporate customers. Directly comparable on physical distribution and digital banking model.
• BRAC Bank: One of Bangladesh's largest private commercial banks offering retail, SME, and corporate banking with strong digital and agent banking presence. Most direct comparable to Jamuna Bank across segments.
• Eastern Bank Limited (EBL): Bangladesh private commercial bank focused on retail, SME, and corporate banking with strong digital platform. Comparable to Jamuna Bank on segment mix and customer profile.
• National Credit and Commerce (NCC) Bank: Bangladesh private commercial bank with similar branch network scale, SME focus, and corporate banking offerings as Jamuna Bank.

Broad incumbents

• Sonali Bank: Bangladesh's largest state-owned commercial bank. Comparable on state-owned status, broad segment coverage, and regulatory environment, though materially larger in scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/JamunaBankLtd
• LinkedInlinkedin.com/company/jamuna-bank-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Jamuna Bank