Sonali Bank Limited a state-owned leading commercial bank in Bangladesh. It is the largest bank of the country. Sonali Bank, the largest & leading commercial bank of the country, came into being in 1972 immediately after the emergence of Bangladesh as an independent state. A fully state-owned enterprise, the bank has been discharging its nation-building responsibilities by undertaking government entrusted different socio-economic schemes as well as money market activities of its own volition, covering all spheres of the economy. Sonali Bank singularly enjoys the prestige of being the agent of the Central Bank of Bangladesh in such places where the guardian of the money market has chosen not to act by itself.Sonali Bank is governed by a Board of Directors consisting of 7(seven) members headed by a Chairman, who is a renowned economist and a former Vice Chancellor of a reputed University. The other members are distinguished representatives from both private and public sectors.The Bank is headed by the Managing Director (Chief Executive), who is a well-known Banker and a reputed professional. The head office of the bank along with its corporate structure is located at Motijheel, Dhaka, the main commercial center of the capital Introduction:
After the end of Second World-war in fact to say the world is involved in another war called the trade war of achieving superiority over other countries through implementing the strategies of free market economy. The conference of GATT (General Agreement on Tariffs and Trade) to W.T.O. (World Trade Organization) with adopting new policies, the emergence of various region oriented economic organizations like NAFTA, SAFTA, ASEAN, APEC, G-8 etc. indicates that the 21st century will be the century of economic and business challenge.
Commercial Banks are one of the key contributors to the Bangladesh economy. The process of