Shimanto Bank
Shimanto Bank PLC is one of the fourth-generation private commercial banks in Bangladesh. The bank was established in 2016 and commenced its commercial banking operations after receiving a license from Bangladesh Bank. It is sponsored by the Border Guard Bangladesh (BGB) Welfare Trust, making it unique among private commercial banks in the country. The bank was founded with the vision of providing modern, reliable and customer-oriented banking services while contributing to national economic development and financial inclusion. Since its inception, Shimanto Bank has steadily expanded its operations through branches, sub-branches, ATM services and digital banking platforms, earning a reputation for professionalism, transparency and innovation.
The history of Shimanto Bank reflects its commitment to modern banking practices and sustainable growth. From the beginning, the bank focused on adopting advanced technology to deliver efficient and convenient financial services. It introduced online banking, internet banking, mobile banking, ATM services and other digital financial solutions to improve customer experience and operational efficiency. Through effective corporate governance and strategic expansion, Shimanto Bank has strengthened its position in Bangladesh's competitive banking sector while maintaining high standards of service quality and customer satisfaction.
Shimanto Bank PLC offers a comprehensive range of banking services to individuals, businesses, and institutions across Bangladesh. Its retail banking services include savings accounts, current accounts, fixed deposit schemes, recurring deposit accounts, personal loans, debit cards, credit cards and remittance services. Customers can conveniently access banking facilities through ATM booths, internet banking, mobile banking, SMS banking and online fund transfer services, ensuring secure and efficient financial transactions.
In addition to retail banking, the bank provides extensive corporate banking services, including trade finance, project financing, working capital loans, treasury operations, export-import financing and cash management solutions for businesses and industries. Shimanto Bank also actively supports small and medium enterprises (SMEs) by offering specialized loan products and financial assistance to entrepreneurs, helping promote business growth and employment generation. Furthermore, the bank provides foreign exchange services and international remittance facilities, enabling expatriate Bangladeshis to transfer money safely and efficiently to their families.
In conclusion, Shimanto Bank PLC has established itself as a modern and progressive private commercial bank in Bangladesh. Through its innovative banking technology, diversified financial services, strong corporate governance and commitment to customer satisfaction, the bank continues to contribute significantly to financial inclusion, economic development and the sustainable growth of Bangladesh's banking industry.
| Registered Name | Shimanto Bank PLC | |
| Legal Status | Public Limited Company | |
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| Established | 2016 | |
| Type | Private Bank | |
| Category | Commercial Bank | |
| Origin | Local Bank | |
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| Corporate Address | Shimanto Shamvar, Shimanto Square, Road 2, Bir Uttam MA Rob Sarak, Dhanmondi, Dhaka 1205, Bangladesh. | |
| Telephone | +880 96 10871000 | |
| Call Center | 16790, +880 96 12880000 | |
| E-mail Address | information.desk@shimantobank.com | |
| Website | www.shimantobank.com | |
| SWIFT Code | SHMTBDDD | |
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Rating 2.5, based on 590 votes.
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