Sunday, April 24, 2011

Rupali Bank LTD

Rupali Bank is a commercial bank in Bangladesh. It was established as a nationalised bank in 1972 under the Bangladesh Banks Nationalisation Order, through the amalgamation of the branches of Muslim Commercial Bank, Australasia Bank and Standard Bank that were operating in East Pakistan, following the 1971 Bangladesh Liberation War. The bank was denationalised in 1986, and reorganised as a limited company, with the Government of Bangladesh holding 51% shares. However, after the year 2000, the Government divested of its shares, and the privatization of the bank was complete.

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