Jubilee Bank

Jubilee Bank
Industry	Banking
Founded	Kushtia, Bangladesh
Headquarters	Kushtia, Bangladesh
Products	Banking services ; Consumer Banking; Corporate Banking; Investment Banking
Net income
Website	jubileebank.com

Jubilee Banks is one of the oldest commercial banks in Bangladesh.[1]

History

Jubilee Bank was founded in 1913 in Khoksa, Kushtia. In 1988 the bank with permission from Bangladesh Bank was transformed into a commercial bank.[1] The bank gained some notoriety for having shares owned by Colonel Khandaker Abdur Rashid, Colonel Syed Farooq Rahman, Major Bazlul Huda. They were the convicted assassins of Sheikh Mujibur Rahman, President of Bangladesh.[2][3]

On 27 December 2020, Bangladesh Bank removed the Chairperson of the bank, Md. Shah Alam, and also dissolved the working committee of the bank. Following a High Court verdict, Bangladesh Bank started taking steps to liquidate Jubilee Bank.[4]

References

"Century old Jubilee Bank in Kushtia disarray". The Kushtia Times. Retrieved 22 November 2016.
"BB asked to confiscate bank shares of Bangabandhu killers". Dhaka Tribune. 3 October 2016. Retrieved 22 November 2016.
"Transfer of Farooq-Rashid's Jubilee Bank shares stopped". Dhaka Tribune. 22 November 2016. Retrieved 22 November 2016.
"Jubilee Bank, one of Bangladesh's oldest bank, is headed towards liquidation". Dhaka Tribune. 2020-12-30. Retrieved 2020-12-31.

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[kjhg-1] "Century old Jubilee Bank in Kushtia disarray". The Kushtia Times. Retrieved 22 November 2016.

[2] "BB asked to confiscate bank shares of Bangabandhu killers". Dhaka Tribune. 3 October 2016. Retrieved 22 November 2016.

[3] "Transfer of Farooq-Rashid's Jubilee Bank shares stopped". Dhaka Tribune. 22 November 2016. Retrieved 22 November 2016.

[4] "Jubilee Bank, one of Bangladesh's oldest bank, is headed towards liquidation". Dhaka Tribune. 2020-12-30. Retrieved 2020-12-31.

List of banks in Bangladesh
Central bank	Bangladesh Bank
State-owned commercial banks	Agrani Bank Sonali Bank Rupali Bank Janata Bank Bangladesh Development Bank Ltd BASIC Bank Limited
Private commercial banks	AB Bank Bangladesh Commerce Bank Limited Bank Asia Limited BRAC Bank Limited Community Bank Bangladesh Limited Dhaka Bank Limited Dutch Bangla Bank Limited Eastern Bank Limited IFIC Bank Limited Jamuna Bank Limited Meghna Bank Limited Mercantile Bank Limited Midland Bank Limited Modhumoti Bank Limited Mutual Trust Bank Limited National Bank Limited NCC Bank Limited NRB Bank NRB Commercial Bank Limited NRB Global Bank Ltd One Bank Limited Padma Bank Limited Premier Bank Limited Prime Bank Limited Pubali Bank Limited Shimanto Bank South Bangla Agriculture and Commerce Bank Limited Southeast Bank Limited Standard Bank Limited The City Bank Trust Bank Limited United Commercial Bank Ltd Uttara Bank Limited
Islamic Commercial Banks	Al-Arafah Islami Bank Limited Export Import Bank of Bangladesh Limited First Security Islami Bank Limited ICB Islamic Bank Limited Islami Bank Bangladesh Ltd Shahjalal Islami Bank Limited Social Islami Bank Limited Union Bank Limited
Foreign commercial banks	Bank Alfalah Citibank NA Commercial Bank of Ceylon Habib Bank Limited HSBC National Bank of Pakistan Standard Chartered Bank State Bank of India Woori Bank
Specialized banks	Bangladesh Krishi Bank Rajshahi Krishi Unnayan Bank Probashi Kallyan Bank
Non-scheduled banks	Grameen Bank Karmasangsthan Bank Ansar-VDP Unnayan Bank Jubilee Bank Palli Sanchay Bank
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