- Business
- ONE Bank PLC is a Bangladesh-based commercial banking institution that provides a comprehensive range of conventional banking, Islamic banking, retail banking, small and medium enterprise (SME) banking, and corporate financial services to individual, institutional, and corporate clients across Bangladesh. The bank conducts its business through segments that include Retail Banking, Corporate and Commercial Banking, Islamic Banking (AL NOOR), SME Banking, Treasury Operations, and Capital Market Services.
The company's core products and services encompass Retail Banking, offering savings accounts, current accounts, fixed term deposits, monthly savings schemes such as Kotipoti, Pyramid, Edusave, and Bibaho Shonchoy, personal loans, residential mortgage and home loans, auto loans, education finance, and credit, debit, and prepaid cards, including the Anannya Women's Platinum VISA credit card; Corporate and Commercial Banking, providing working capital finance, project and infrastructure loan syndications, term and lease financing, letters of credit, export and import trade financing, bank guarantees, cash management services, and structured corporate payroll solutions; Small and Medium Enterprise Banking, featuring specialized commercial credit facilities such as OBPLC Subidha, OBPLC Romoni for female entrepreneurs, OBPLC Trinomul, and OBPLC Notun Uddyog; Islamic Banking, operating under the AL NOOR Islamic Banking brand to offer Shariah-compliant financial solutions including Mudaraba savings accounts, Mudaraba term deposits, Mudaraba Hajj and Monthly Income deposit schemes, Mudaraba Waqf cash accounts, and AL NOOR home investment financing; Digital and Mobile Financial Services, featuring the OK Wallet mobile financial services (MFS) application for digital funds transfers, merchant QR payments, mobile top-ups, and utility bill collections, alongside real-time internet banking, electronic statements, and inward foreign remittance processing; and Treasury and Capital Markets, providing foreign exchange dealing, liquidity management, government securities trading, and investment banking capabilities including stock brokerage, issue management, underwriting, and portfolio management conducted via its subsidiaries, ONE Securities Limited and ONE Investments Limited.
In recent developments, the bank updated its legal entity name from ONE Bank Limited to ONE Bank PLC in compliance with statutory provisions for publicly listed entities in Bangladesh. To expand its digital finance footprint, ONE Bank PLC entered into strategic collaboration and interoperability agreements with domestic financial institutions, including Mutual Trust Bank PLC, Sonali Bank, and Pubali Bank PLC, enabling enhanced fund-transfer capabilities, add-money services, and shared ATM cash withdrawal access for OK Wallet users. The bank also formed a strategic financing partnership with BYD Bangladesh to introduce retail auto loan products and green financing schemes for New Energy Vehicles (NEVs). Additionally, ONE Bank PLC has widened its physical and digital delivery channels through the ongoing expansion of agent banking outlets and sub-branches across underserved regional areas, supported by centralized trade processing hubs, modernized loan administration platforms, and upgraded core banking infrastructure.
ONE Bank PLC was incorporated on May 12, 1999, and commenced commercial banking operations on July 14, 1999. The bank is headquartered at Simpletree Anarkali, 89 Gulshan Avenue, Dhaka, Bangladesh.