Pubali Bank Plc (Bangladesh)

Pubali Bank Limited is a private commercial bank located in Dhaka, Bangladesh. It was initially established in 1959 as Eastern Mercantile Bank Limited to provide credit to Bangalee entrepreneurs who had limited access to credit from other financial institutions. After Bangladesh gained independence in 1972, the bank was nationalized and renamed as Pubali Bank. In 1983, it was denationalized and became a private bank under the name Pubali Bank Limited. Pubali Bank has been instrumental in the socio-economic, industrial, and agricultural development of Bangladesh by mobilizing savings and investing funds. It currently operates with 500 branches and has the largest real-time centralized online banking network in the country. Over the past ten years, Pubali Bank has achieved a consistent growth rate of about 20%. However, specific details about the bank's main products and services, customers, and main markets are not mentioned in the source.