{{Short description|Commercial bank in Bangladesh}} {{Infobox company | name = Jamuna Bank PLC. | logo = Logo of Jamuna Bank.svg | type = Public Limited Company | traded_as = {{Dse|JAMUNABANK}} | industry = Financial services | founded = {{Start date and age|2001}} | hq_location_city = Dhaka | hq_location_country = Bangladesh | area_served = Bangladesh | key_people = {{Unbulleted list| Robin Razon Sakhawat (Chairman)<ref>{{cite web |url=http://jamunabankbd.com/front/information/2/5 |title=Chairman of the Bank |website=Jamuna Bank |access-date=17 October 2017 |archive-date=31 July 2017 |archive-url=https://web.archive.org/web/20170731093758/http://jamunabankbd.com/front/information/2/5 |url-status=dead}}</ref> | Mirza Ilias Uddin Ahmed (MD)<ref>{{cite news |url=https://www.bd-pratidin.com/corporate-corner/2019/10/24/468829 |script-title=bn:যমুনা ব্যাংকের ব্যবস্থাপনা পরিচালক মির্জা ইলি |work=Bangladesh Pratidin |language=bn |access-date=24 October 2019}}</ref> }} | num_employees = 3,049 | num_employees_year = 2024 | homepage = {{URL |www.jamunabankbd.com}} }}
'''Jamuna Bank PLC.''' is a Bangladeshi commercial bank that provides banking services across the country. Jamuna Bank had 132 branches as of March 2019.<ref>{{cite web |url=http://www.jamunabankbd.com/front/allbranch |title=All Branch Location |website=Jamuna Bank |archive-url=https://web.archive.org/web/20160305200721/http://www.jamunabankbd.com/front/allbranch |archive-date=5 March 2016 |access-date=17 October 2017}}</ref> Its head office is located in Gulshan-1, Dhaka, Bangladesh.
Jamuna Bank is a third-generation private commercial bank that was established by a group of local entrepreneurs. The bank, aside from conventional services, provides Islamic banking through designated branches. The bank has real-time online banking branches (in both urban and rural areas).
==History== Jamuna Bank was established on 3 June 2001.<ref>{{Cite web |title=Jamuna Bank Ltd. |url=https://jamunabankbd.com/front/information/1/1 |access-date=2023-03-30 |website=jamunabankbd.com |archive-date=2023-03-19 |archive-url=https://web.archive.org/web/20230319120223/https://jamunabankbd.com/front/information/1/1 |url-status=dead }}</ref> M. A. Khayer was its founding chairman;<ref>{{Cite web |title=Founding Chairman |url=https://jamunabankbd.com/front/information/2/127 |access-date=2023-03-30 |website=jamunabankbd.com |archive-date=2023-03-30 |archive-url=https://web.archive.org/web/20230330173325/https://jamunabankbd.com/front/information/2/127 |url-status=dead }}</ref> Sakhawat Abu Khair Mohammad was elected chairman in April 2009;<ref>{{Cite news |date=2009-04-29 |title=Jamuna Bank gets new chairman |url=https://www.thedailystar.net/news-detail-86128 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> Md Belal Hossain was elected chairman in April 2011;<ref>{{Cite news |date=2011-04-28 |title=New chairman for Jamuna Bank |url=https://www.thedailystar.net/news-detail-183464 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> Md Mahmudul Hoque was elected chairman in May 2012.<ref>{{Cite news |title=New chairman for Jamuna Bank |url=https://archive.thedailystar.net/newDesign/cache/cached-news-details-232357.html |access-date=2023-03-30 |work=The Daily Star}}</ref>
In 2012, Borak Real Estate sued former chairman Arifur Rahman on a Tk 150 million cheque forgery case.<ref name=":0">{{Cite news |date=2017-07-11 |title=Jamuna Bank ex-chairman's jail term upheld |url=https://www.thedailystar.net/country/jamuna-bank-ex-chairman-arifur-rahman-jail-term-upheld-1431670 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> In January 2016, Rahman was sentenced to one year imprisonment which was upheld by the Bangladesh High Court in 2017.<ref name=":0" />
In April 2013, the Anti-Corruption Commission interrogated officials of Jamuna Bank regarding the loan scams of Bismillah Group.<ref name=":1">{{Cite news |date=2013-04-25 |title=ACC grills Jamuna Bank officials |url=https://www.thedailystar.net/news/acc-grills-jamuna-bank-officials |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> The group had used forgery to secure 11 billion BDT from Jamuna Bank, Janata Bank, Premier Bank, Prime Bank, and Shahjalal Islami Bank Limited.<ref name=":1" />
In August 2014, the Bangladesh Supreme Court asked Mozammel Hossain to surrender before a lower court, over two money laundering cases out of 12 filed over the Bismillah Group loan scam.<ref>{{Cite news |date=2014-08-06 |title=SC asks Jamuna Bank dy chief to surrender |url=https://www.thedailystar.net/sc-asks-jamuna-bank-dy-chief-to-surrender-35989 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> Shaheen Mahmud was elected chairman of Jamuna Bank.<ref>{{Cite news |date=2014-04-28 |title=Jamuna Bank's new chief |url=https://www.thedailystar.net/jamuna-banks-new-chief-21892 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref>
In April 2015, Md Sirajul Islam Varosha was elected chairman of Jamuna Bank; he had previously served as vice-chairman of the bank from 2007 to 2008.<ref>{{Cite news |date=2015-04-28 |title=New chairman for Jamuna Bank |url=https://www.thedailystar.net/business/banking/new-chairman-jamuna-bank-79452 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> In May 2015, the Bangladesh Anti Corruption Commission filed cases against Md Yusuf Hossain (managing director of Raihan Packaging Industries Limited), Md Belal Hossain (Jamuna Bank Shantinagar branch former executive vice president and current principal at Jamuna Bank Training Institute), AKM (Abul Kalam Mohammad) Shah Alam (assistant vice president) and Biplab Kumar Chakrabarty (former first assistant vice president and currently assistant vice president at Jamuna Bank head office). They were charged with embezzling money worth Tk 80 million.<ref>{{cite news |last1=Anik |first1=Syed |title=ACC approved filing case against four, including 3 Jamuna Bank officials |url=http://www.dhakatribune.com/bangladesh/2013/may/22/acc-approved-filing-case-against-four-including-3-jamuna-bank-officials |newspaper=Dhaka Tribune |access-date=31 May 2015}}</ref>
In January 2016, Shafiqul Alam was re-appointed managing director of Jamuna Bank.<ref>{{Cite news |date=2016-01-25 |title=Jamuna Bank re-appoints managing director |url=https://www.thedailystar.net/business/banking/jamuna-bank-re-appoints-managing-director-206770 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> Gazi Golam Murtoza was elected chairman of Jamuna Bank in May 2016.<ref>{{Cite news |date=2016-05-04 |title=Jamuna Bank elects chairman |url=https://www.thedailystar.net/business/jamuna-bank-elects-chairman-1218169 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref>
In May 2017, Md Ismail Hossain Siraji was elected chairman of Jamuna Bank.<ref>{{Cite news |date=2017-05-01 |title=Jamuna Bank elects new chairman |url=https://www.thedailystar.net/business/jamuna-bank-elects-new-chairman-1398955 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref>
In January 2019, the Bangladesh High Court summoned the managing director of Jamuna Bank, Shafiqul Alam, for failing to return money to a client despite the client getting a verdict from the court in his favor in 2017.<ref>{{Cite news |date=2019-01-30 |title=HC again summons Jamuna Bank MD |url=https://www.thedailystar.net/business/banking/high-court-summons-jamuna-bank-md-shafiqul-alam-again-1694479 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> This eventually led to the High Court issuing a contempt of court verdict against bank officials, governor of Bangladesh Bank, and the Finance Secretary of Bangladesh.<ref>{{Cite news |date=2018-01-25 |title=Contempt rule issued against BB, Jamuna Bank officials |url=https://www.thedailystar.net/city/contempt-rule-issued-against-bb-jamuna-bank-officials-1524799 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> A security guard was found dead inside an ATM booth of Jamuna Bank in Baridhara.<ref>{{Cite news |date=2019-01-22 |title=Security guard found dead inside ATM booth |url=https://www.thedailystar.net/city/news/security-guard-found-dead-in-dhaka-baridhara-jamuna-bank-atm-booth-1690660 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> Md Atiqur Rahman was elected chairman of Jamuna Bank in April 2019.<ref>{{Cite news |date=2019-04-29 |title=Jamuna Bank gets new chairman |url=https://www.thedailystar.net/business/banking/news/jamuna-bank-gets-new-chairman-1736155 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> Mirza Elias Uddin Ahmed was appointed managing director of Jamuna Bank in October.<ref>{{Cite news |date=2019-10-21 |title=Jamuna Bank gets new managing director |url=https://www.thedailystar.net/business/news/jamuna-bank-gets-new-managing-director-1816567 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref>
In 2020 Jamuna Bank has turned into a full-fledged Shariah-based bank.<ref>{{cite news |title=Jamuna now an Islamic Bank |work=The Business Standard |url=https://tbsnews.net/economy/banking/jamuna-now-islamic-bank-55591 |access-date=12 March 2020}}</ref> The Anti-Corruption Commission arrested three officials of Jamuna Bank for embezzling Tk 158.6 million in December in Bogura.<ref>{{Cite news |date=2020-12-31 |title=3 Jamuna Bank officials in Bogura held for embezzlement of over Tk 15.85cr |url=https://www.thedailystar.net/online/news/3-jamuna-bank-officials-bogura-held-embezzlement-over-tk-1585cr-2020429 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> Fazlur Rahman was elected chairman of Jamuna Bank in May 2020.<ref>{{Cite news |date=2020-05-11 |title=Jamuna Bank gets new chairman |url=https://www.thedailystar.net/business/news/jamuna-bank-gets-new-chairman-1901446 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref>
In May 2021, Gazi Golam Ashria, the son of Golam Dastagir Gazi, was appointed chairman of Jamuna Bank.<ref>{{Cite news |date=2021-05-04 |title=Jamuna Bank gets new chairman |url=https://www.thedailystar.net/business/news/jamuna-bank-gets-new-chairman-2087821 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref>
In 2022, Shakib Al Hasan sued Jamuna Bank for using his image without licensing it.<ref>{{Cite news |date=2022-07-25 |title=Shakib serves legal notice to Banglalink, Jamuna Bank |url=https://www.thedailystar.net/business/economy/news/shakib-serves-legal-notice-banglalink-jamuna-bank-3078636 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> In April, Nur Mohammed was elected chairman of Jamuna Bank.<ref>{{Cite news |date=2022-04-29 |title=Jamuna Bank chairman reelected |url=https://www.thedailystar.net/business/economy/banks/news/jamuna-bank-chairman-reelected-3014781 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> In July, Jamuna Bank announced plans to issue Tk five billion in bonds.<ref>{{Cite news |date=2022-07-31 |title=Jamuna Bank to issue Tk 500 crore bond |url=https://www.thedailystar.net/business/news/jamuna-bank-issue-tk-500-crore-bond-3084041 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> In November, an inspection by Bangladesh Bank found seven fake notes in the vault of Jamuna Bank's branch in Bogura District.<ref>{{Cite news |date=2022-11-28 |title=7 fake notes of Tk 500 found in Jamuna Bank's vault |url=https://www.thedailystar.net/business/news/7-fake-notes-tk-500-found-jamuna-banks-vault-3181706 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref> Jamuna Bank received permission from Bangladesh Bank to establish an exchange house in Spain.<ref>{{Cite news |date=2022-11-22 |title=Jamuna Bank gets nod for exchange house in Spain |url=https://www.thedailystar.net/business/economy/news/jamuna-bank-gets-nod-exchange-house-spain-3175766 |access-date=2023-03-30 |work=The Daily Star |language=en}}</ref>
==Charity== Jamuna Bank donated Tk 15 million to the Prime Minister Sheikh Hasina's relief fund for victims of election-related violence in Bangladesh.<ref>{{cite news |title=JBL donates Tk1.5 crore to prime minister's fund for burn victims |url=http://www.dhakatribune.com/bangladesh/2015/feb/23/jbl-donates-tk15-crore-prime-minister%E2%80%99s-fund-burn-victims |newspaper=Dhaka Tribune |access-date=31 May 2015}}</ref>
==References== {{Reflist}}
==External links== {{Portal|Banks}} * {{Official website|jamunabankbd.com}}
{{Banks in Bangladesh}}
Category:Banks of Bangladesh Category:Companies listed on the Dhaka Stock Exchange Category:Banks established in 2001