Dutch-Bangla Bank Limited

Dutch-Bangla Bank Limited (the Bank, DBBL) is a scheduled joint venture commercial bank between local Bangladeshi parties spearheaded by M Sahabuddin Ahmed (Founder & Chairman) and the Dutch company FMO. DBBL was established under the Bank Companies Act 1991 and incorporated as a public limited company under the Companies Act 1994 in Bangladesh with the primary objective to carry on all kinds of banking business in Bangladesh. DBBL commenced formal operation from June 3, 1996. The Bank is listed with the Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited.
DBBL is most widely recognized for its donations to social causes and its IT investment (largest ATM network). However it has recently stated that it will stop expansion on its ATM network as the current numbers have exceeded demand and hence diminishing returns (if any). Although it is widely believed it is a loss-making/subsidized unit which DBBL rationalizes as quasi CSR.
The bank is often colloquially referred to as "DBBL", "Dutch Bangla" and "Dutch Bangla Bank".

Banks that have signed agreements to share DBBL's ATM network (as of May 2009):

• Citibank (locally known as "Citibank NA")
• Standard Chartered Bank (SCB)
• Commercial Bank of Ceylon
• Mutual Trust Bank
• Bank Asia
• National Credit and Commerce Bank Limited (NCC Bank)
• Prime Bank
• United Commercial Bank Limited (UCBL)
• Southeast Bank Limited (SEBL)
• The City Bank (locally known as "City Bank" to differentiate between "Citibank NA")
• First Security Bank
• Trust Bank
• Mercantile Bank
• Q-Cash network Banks (1. Janata Bank 2. Eastern Bank 3. IFIC Bank 4. AB Bank 5. Shahjalal Islami Bank 6. Basic Bank 7. Jamuna Bank 8. Mercantile Bank 9. National Bank 10. National Credit and Commerce Bank 11. Pubali Bank 12. Sonali Bank 13. Trust Bank 14. Uttara Bank 15. State Bank of India 16. The City Bank 17. Social Islami Bank)
• Dhaka Bank
• EXIM Bank