Bangladesh Commerce Bank Limited is a private sector commercial bank in Bangladesh.
History
The bank can trace its origins to the former Bangladesh Commerce and Investment Limited, set up on 27 January 1986. It was a non-bank financial institution. In April 1992, its activities were suspended by Bangladesh Bank due to a liquidity crises. To protect the banking sector, the employees, and customers of the firm, it was changed into a bank by Bangladesh Bank. Bangladesh Commerce Bank Limited was incorporated on 1 June 1998.[2] S Alam Group is an investor in the bank.[3]
In August 2004, Bangladesh Bank placed in a watchlist of "problem banks".[4] The bank donated to Prime Minister Khaleda Zia's relief fund.[5]