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Rupali Bank PLC has reached a major milestone by crossing Tk 780 billion in deposits, marking a significant achievement for the state-owned bank amid growing public trust and expanded financial inclusion efforts.
The state-owned bank has made notable progress across several indicators, including deposits, as part of a broader trend of increased public trust in certain banks, according to a press release.
Over the past six months, the bank has successfully brought a large segment of the country's marginal population under formal banking services. By ensuring better customer service and expanding its network of branches and sub-branches across the country, Rupali Bank has gradually strengthened its market presence.
Among the bank's various offerings, several deposit schemes have gained increasing popularity.
Since the bank's managing director Kazi Md. Wahidul Islam assumed office, Rupali Bank has launched three attractive savings schemes: Rupali Astha, Rupali Sroddha, and Rupali Double Benefit Scheme. As a result, the bank has opened nearly 300,000 new accounts and added over Tk 100 billion in deposits, taking its total deposit base to a record Tk 780 billion.
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