Probashi Kallyan Bank

Probashi Kallyan Bank (PKB) is a state-owned specialized scheduled bank in Bangladesh established primarily to support migrant workers and returning expatriate workers. The bank was established under the Probashi Kallyan Bank Act, 2010, which was enacted through government notification on 12 October 2010. Probashi Kallyan Bank formally started its banking operations on 20 April 2011. The establishment of the bank was intended to provide specialized financial services to Bangladeshis seeking overseas employment, facilitate remittance flows, and support the economic and social reintegration of workers returning from abroad.

From the beginning, Probashi Kallyan Bank has maintained a specialized focus on migrant-worker financing. One of its principal services is the migration loan, which provides financial assistance to eligible workers who intend to travel abroad for employment. The bank also provides rehabilitation loans to returning migrant workers to help them establish income-generating activities or employment within Bangladesh. According to the bank's published information, it has provided migration loans to a large number of overseas jobseekers and rehabilitation financing to returning workers. The bank's services are therefore closely connected with overseas employment, migrant welfare and financial inclusion.

Probashi Kallyan Bank also provides banking services related to remittances and foreign employment. Its activities include facilitating the transfer of remittances from overseas workers and providing foreign-exchange-related services. The bank collects various fees associated with overseas employment, including registration fees, smart-card fees and Wage Earners' Welfare Fund-related fees through its branches. It has also established a help desk at Hazrat Shahjalal International Airport to assist departing and returning migrant workers.

In addition to specialized migrant-worker services, PKB provides deposit products and general banking facilities appropriate to its specialized role. The bank introduced online banking services in January 2014 and has continued to develop technology-based banking facilities. Its network has expanded across different districts of Bangladesh, allowing migrant workers and their families to access banking services closer to their communities. The bank's official information indicates that its branch network has grown to more than 120 branches, reflecting its expanding role in providing specialized financial services throughout the country.

Overall, Probashi Kallyan Bank occupies a specialized position in Bangladesh's banking sector by concentrating on the financial needs of overseas and returning migrant workers. Through migration loans, rehabilitation and project financing, remittance-related services, deposits, foreign-exchange facilities, online banking, and employment-related support services, the bank contributes to facilitating overseas employment and the financial reintegration of returning workers. Its operations reflect the importance of migrant workers and remittances to Bangladesh's wider economic and social development.

Registered Name	Probashi Kallyan Bank
Legal Status	Public Limited Company
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Established	2010
Type	Public Bank
Category	Specialized Bank
Origin	Local Bank
Services	Consumer Banking Corporate Banking Investment Banking
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Corporate Address	Probashi Kallyan Bhaban, 71 Eskaton Garden Road, Dhaka 1000, Bangladesh.
Telephone	+880 2 48321979
Call Center	+880 2 48322873
E-mail Address	info@pkb.gov.bd
Website	pkb.gov.bd
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 592 votes.