ebl.com.bd Reviews

Eastern Bank Limited (EBL) is a commercial bank in Bangladesh. It was established in 1992 and is headquartered in Dhaka. EBL offers a wide range of financial products and services, including retail and corporate banking, SME banking, and various types of loans and deposits.

Retail Banking: EBL provides various services for individual customers, including savings and current accounts, fixed deposits, debit and credit cards, and digital banking solutions. They also offer personal loans, home loans, auto loans, and other retail financial products.

SME Banking: EBL has a dedicated focus on serving small and medium-sized enterprises (SMEs) in Bangladesh. They offer tailored financial solutions to meet the specific needs of SMEs, including business loans, working capital financing, trade finance, and other services.

Corporate Banking: For larger corporate clients, EBL provides a range of corporate banking services, such as project finance, syndicated loans, trade services, and cash management solutions.

Investment and Capital Market Services: EBL has subsidiaries that specialize in capital market services, including EBL Securities Ltd., EBL Investments Ltd., and EBL Asset Management Ltd. These entities offer brokerage services, portfolio management, and investment advisory services.

Offshore Banking: EBL has an offshore banking unit (OBU) that caters to the needs of non-resident Bangladeshis and foreign entities. This unit provides various offshore banking services, including foreign currency accounts, trade finance, and international fund transfers.

Digital Banking: EBL has made significant investments in digital banking to provide convenient and secure online and mobile banking services to its customers. This includes features such as EBL SkyBanking, which allows customers to access their accounts, transfer funds, pay bills, and perform other banking activities through digital channels.

Partnerships and Collaborations: EBL has collaborated with various local and international organizations to offer co-branded credit cards, special discounts, and other benefits to its customers. These partnerships aim to enhance the value proposition for EBL’s cardholders and promote customer loyalty.

Awards and Recognition: EBL has received several awards and accolades for its performance and contributions to the banking industry. These awards cover areas such as digital banking, corporate social responsibility, and overall banking excellence.

Community Engagement: Like many responsible corporate entities, EBL is involved in various community engagement and corporate social responsibility (CSR) initiatives. This includes support for education, healthcare, environmental sustainability, and other social causes.

Regulatory Compliance: As a regulated financial institution, EBL operates in accordance with the banking laws and regulations of Bangladesh. It is subject to oversight by the central bank and other regulatory authorities to ensure compliance with industry standards and best practices.

Overall, Eastern Bank Limited is a well-established and reputable financial institution in Bangladesh, offering a comprehensive range of banking and financial services to individual and corporate customers. Its focus on digital innovation, customer-centric approach, and commitment to corporate social responsibility are notable aspects of its operations.”

the reasons behind this review :
Established in 1992, Eastern Bank Limited (EBL) is a commercial bank in Bangladesh. It offers a wide range of financial products and services, including retail and corporate banking, SME banking, and various types of loans and deposits. EBL provides various services for individual customers, including savings and current accounts, fixed deposits, debit and credit cards, and digital banking solutions. They also offer personal loans, home loans, auto loans, and other retail financial products. EBL has a dedicated focus on serving small and medium-sized enterprises (SMEs) in Bangladesh. They offer tailored financial solutions to meet the specific needs of SMEs, including business loans, working capital financing, trade finance, and other services. For larger corporate clients, EBL provides a range of corporate banking services, such as project finance, syndicated loans, trade services, and cash management solutions. EBL has subsidiaries that specialize in capital market services, including EBL Securities Ltd., EBL Investments Ltd., and EBL Asset Management Ltd. These entities offer brokerage services, portfolio management, and investment advisory services. EBL has an offshore banking unit (OBU) that caters to the needs of non-resident Bangladeshis and foreign entities. This unit provides various offshore banking services, including foreign currency accounts, trade finance, and international fund transfers. EBL has made significant investments in digital banking to provide convenient and secure online and mobile banking services to its customers. This includes features such as EBL SkyBanking, which allows customers to access their accounts, transfer funds, pay bills, and perform other banking activities through digital channels. EBL has collaborated with various local and international organizations to offer co-branded credit cards, special discounts, and other benefits to its customers. These partnerships aim to enhance the value proposition for EBL's cardholders and promote customer loyalty. EBL has received several awards and accolades for its performance and contributions to the banking industry. These awards cover areas such as digital banking, corporate social responsibility, and overall banking excellence. Like many responsible corporate entities, EBL is involved in various community engagement and corporate social responsibility (CSR) initiatives. This includes support for education, healthcare, environmental sustainability, and other social causes. As a regulated financial institution, EBL operates in accordance with the banking laws and regulations of Bangladesh. It is subject to oversight by the central bank and other regulatory authorities to ensure compliance with industry standards and best practices. Overall, Eastern Bank Limited is a well-established and reputable financial institution in Bangladesh, offering a comprehensive range of banking and financial services to individual and corporate customers. Its focus on digital innovation, customer-centric approach, and commitment to corporate social responsibility are notable aspects of its operations.