Jubilee Bank
in Bangladesh 🇧🇩
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About Jubilee Bank in Bangladesh
Jubilee Bank (Bengali: জুবিলী ব্যাংক) was one of the oldest commercial banks in Bangladesh and operated as a non-scheduled bank. Non-scheduled banks in Bangladesh are financial institutions licensed for specific functions and objectives, offering a more limited range of services than scheduled banks.
The bank was based in Khoksa, Kushtia and operated on a small scale with minimal branching. At the time of its liquidation proceedings, the bank had assets worth approximately BDT 3 crore with paid-up capital of BDT 1 crore and employed seven to eight staff members.
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