please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article is written like a personal reflection or opinion essay that states the wikipedia editor s personal feelings about a topic rather than the opinions of experts . please help improve it by rewriting it in an encyclopedic style . july 2014 learn how and when to remove this template message this article s lead section may not adequately summarize key points of its contents . please consider expanding the lead to provide an accessible overview of all important aspects of the article . please discuss this issue on the article s talk page . july 2014 this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . july 2014 learn how and when to remove this template message learn how and when to remove this template message nrb bank type private industry banking founded 2013 founder iqbal ahmed obe headquarters dhaka bangladesh area served bangladesh key people iqbal ahmed obe chairman muklesur rahman managing director and ceo services banking financial services website official website nrb bank known as migrants sponsored banking msb system is a newly invented banking structure in which initial capital funded by non resident nationals nns deposit supposed to collect mostly from nns and lend the subsequent into home country . the bank has multiple objectives within its single structure and typical deposit lending functions . the first objective is to be a platform of nns for their better investment into the home economy and long term objective is to reduce dependency on international financial institutes ifis for external financing in home economy . migrants bangladeshis sylheti diaspora were demanding such type of bank since 1990s . however md. bayazid sarker an economist and central bank official of bangladesh first develop a theoretical structure of the bank and officially floats the idea in his research paper titled alternative resource of world bank for external financing in bangladesh a foreign remittance approach on december 15 2007 in dhaka 1 11 . government makes believe by the continuous pressure from bangladeshi sylheti diaspora around the world . afterward central bank of bangladesh bangladesh bank call for nrb bank applications in 2011 and finally issued three nrb bank non resident bangladeshis bank licenses in 2013 though newly born banks need much effort to come into its basic and broad objective . newly born nrb banks are nrb commercial bank limited nrb bank limited and nrb global bank limited . therefore bangladesh is the pioneer in introducing migrants sponsored banking system . 6 7 products and services edit like other private commercial bank in bangladesh nrb bank offers vast category of products and services for corporate retail and sme . bank introduced fully online any branch banking from day one with state of art internet banking both for consumer and corporate account holders . nrb bank is the first bank to introduce secure visa emv card among 4th generation banks in bangladesh . references edit sarker m.b. 2010 . bangladesh economic association samoiki 2010 . pp 689 701 . financial express sarker m.b. 2010 . bangladesh economic association samoiki 2010 . pp 689 701 . thesteps.org retrieved from https en.wikipedia.org w index.php title nrb bank & oldid 718083650 categories banks of bangladeshbanks established in 20132013 establishments in bangladeshhidden categories wikipedia articles needing style editing from july 2014all articles needing style editingwikipedia introduction cleanup from july 2014all pages needing cleanuparticles covered by wikiproject wikify from july 2014all articles covered by wikiproject wikifyarticles needing additional references from july 2014all articles needing additional references navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 1 may 2016 at 12 31 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view