Bangladesh Bank on February 23, 2020, has given a banking license to Bengal Commercial Bank PLC as the Fifth (5th) Generation Scheduled Commercial Bank in Bangladesh. The main goal of Bengal Commercial Bank PLC is to provide specialized banking services to micro and small business enterprises and entrepreneurs across the country. Moreover, the Bengal Bank aims to uphold the interest of the account holders and depositors by ensuring that the deposits are channeled into meaningful investment projects with viable returns.
Bengal Commercial Bank PLC is primarily engaged in deposit and lending activities to private and corporate clients in wholesale and retail banking. Other services typically include credit cards, mobile banking, custodial service and guarantees, cash management and settlement as well as Trade Finance. Bank emphasis on the technological-based platform for different deposit and lending products.