Community Bank

Community Bank Bangladesh PLC is a relatively new commercial bank in Bangladesh and a concern of Bangladesh Police Kallyan Trust. The bank was incorporated on 10 October 2018, received its commercial banking license from Bangladesh Bank on 1 November 2018, and commenced commercial operations on 11 September 2019. It was established with a vision of serving different communities through tailored and secure financial solutions while maintaining strong corporate governance. The bank operates on three core principles: Trust, Security and Progress. Its objective is to contribute to Bangladesh's economic growth by providing financial products and services to communities across the country and gradually bringing unbanked people into the formal banking system.

Since beginning its operations, Community Bank has placed considerable emphasis on technology, financial inclusion and customer service. The bank adopted a state-of-the-art core banking system and followed a digital-first strategy to provide customers with convenient banking facilities. It introduced digital transaction platforms, ATM and POS services, internet banking and its mobile banking application, Community Cash. The bank also developed alternative banking channels and expanded its service network to make financial services more accessible. Its focus on technology and innovation has helped it provide banking services efficiently while maintaining security and transparency.

Community Bank Bangladesh PLC provides a broad range of retail banking services. These include savings accounts, fixed deposit receipts (FDRs), different monthly deposit schemes such as DPS, and various loan products. Its savings products include accounts designed for general customers, women, payroll customers, senior citizens and students. The bank also offers services such as debit cards, cheque books, SMS transaction alerts, internet banking, EFTN and RTGS facilities. Its retail banking portfolio is designed to meet the savings, investment and financing needs of different segments of society.

The bank also provides extensive corporate, SME and CMSME banking services. Its business activities include deposit mobilization, credit facilities, trade finance, remittance services, card operations, treasury services, cash management, payroll management, bill collection and other associated financial services. Through its corporate and SME banking segments, Community Bank supports businesses and entrepreneurs with appropriate deposit and financing products. The bank also provides specialized payroll services and banking facilities for members of Bangladesh Police while keeping its services open to the general public.

In addition to conventional banking services, Community Bank provides card, digital banking, locker, school banking and call-center services. Its digital banking facilities allow customers to conduct transactions and manage financial activities remotely, while its card services include debit, credit and prepaid cards. Locker facilities provide customers with secure storage options, and school banking services are designed specifically for school-going children with parental authorization. The bank also operates a call center to provide customers with assistance and information.

In conclusion, Community Bank Bangladesh PLC has developed rapidly since commencing commercial operations in 2019. With its focus on Trust, Security and Progress, the bank aims to serve communities across Bangladesh through modern technology, diversified financial products and customer-focused services. Its activities in retail, corporate, SME and CMSME banking, together with digital banking, cards, remittance, treasury and other financial services, demonstrate its contribution to financial inclusion and economic development in Bangladesh.

Registered Name	Community Bank Bangladesh PLC
Legal Status	Public Limited Company
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Established	2019
Type	Private Bank
Category	Commercial Bank
Origin	Local Bank
Services	Retail Banking Corporate Banking SME Banking Investment Banking Cards Safe Deposit Locker Fund Transfer
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Corporate Address	Police Plaza Concord, Level 5, Tower 2, Plot 2, Road 144, Circle 1, Gulshan, Dhaka 1212, Bangladesh.
Telephone	+880 96 777 12001
Call Center	16707, +880 96777 16707
E-mail Address	contact@communitybankbd.info
Website	www.communitybankbd.com
SWIFT Code	COYMBDDD
Service Hours	Sunday: 10:00 am - 4:00 pm Monday: 10:00 am - 4:00 pm Tuesday: 10:00 am - 4:00 pm Wednesday: 10:00 am - 4:00 pm Thursday: 10:00 am - 4:00 pm Friday: Closed Saturday: Closed
Rate this Bank	Rating 2.5, based on 604 votes.