View with images and charts Feasible Study Of Profitability & Liquidity Of Sonali Bank (2006) (Gazipur Branch) Overview of the Bank: Sonali Bank, the largest & leading commercial bank of the country, came into being in 1972 immediately after the emergence of Bangladesh as an independent state. A fully state-owned enterprise, the bank has been discharging its nation-building responsibilities by undertaking government entrusted different socio-economic schemes as well as money market activities of its own volition, covering all spheres of the economy. Sonali Bank singularly enjoys the prestige of being the agent of the Central Bank of Bangladesh in such places where the guardian of the money market has chosen not to act by itself. Sonali Bank is governed by a Board of Directors consisting of 7(seven) members headed by a Chairman, who is a renowned economist and a former Vice Chancellor of a reputed University. The other members are distinguished representatives from both private and public sectors.The Bank is headed by the Managing Director (Chief Executive), who is a wellknown Banker and a reputed professional. The head office of the bank along with its corporate structure is located at Motijheel, Dhaka, the main commercial center of the capital. Some notable features of the Bank are as follows: Rank: Country Rank : Asian Rank : World Rank :
1 (One) 282 (Asia week, September 14, 2001) 925 (The Banker's Almanac, volume-3, July 1999 )
Capital Structure: Authorized capital Paid up capital Reserve capital
: : :
US$ 184.30 million US$ 60.30 million US$ 40.18 million
Branches and Subsidiaries: Total branches : 1186 Branches in Urban areas : 488 Branches in Rural areas : 696 Overseas branches :2 Subsidiary branches/booths in UK & USA : 15 Representative Office in K.S.A :3 Correspondents/agents
: 2000
Employees
: 24215 (Officer-12603 and staff- 11612)
Fax
:88-02-9561410