Janata Bank

Janata Bank PLC.
Company typeState/Government owned
IndustryBanking
FoundedDhaka, Bangladesh
HeadquartersDhaka, Bangladesh
Key people
S. M. Mahfuzur Rahman[1] (Chairman) ‍and Md. Abdul Jabber (CEO & Managing Director)
ProductsBanking services
Consumer Banking
Corporate Banking
Investment Banking
RevenueIncreaseUS$272 million (2016)
IncreaseUS$27 million (2016)
Total assetsIncreaseUS$9.2 billion (2016)
Number of employees
12,391 (2017)
Websitewww.jb.com.bd

Janata Bank PLC. (Bengali: জনতা ব্যাংক পিএলসি) is a state-owned commercial bank of Bangladesh established in 1972. Its headquarters is situated at Motijheel in Dhaka, the capital city of Bangladesh. It is the second largest commercial bank in Bangladesh.[2][3][4] In 2019, Janata Bank had a fiscal deficit of 82.56 billion taka, the highest of any bank in Bangladesh ever.[5][6] It's the best performing public bank in Bangladesh.[7]

  1. ^ "Board of Directors". Janata Bank. Retrieved 1 June 2020.
  2. ^ "Janata Bank". Retrieved 14 July 2007.
  3. ^ "Janata Bank PLC". Banglapedia: The National Encyclopedia of Bangladesh. Retrieved 28 July 2016.
  4. ^ "State banks still in capital deficit". The Daily Star. 9 July 2016. Retrieved 28 July 2016.
  5. ^ Rahman, Sajjadur; Uddin, AKM Zamir (24 July 2019). "Bad loans put Janata in trouble". The Daily Star. Retrieved 21 October 2022.
  6. ^ Alo, Jebun Nesa (5 April 2017). "Janata weighed down by restructured large loans". The Daily Star. Retrieved 21 October 2022.
  7. ^ "Janata Bank hides Tk377cr loss through window dressing". The Business Standard. 20 February 2022. Retrieved 21 October 2022.

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