Dhaka, Bangladesh (BBN)– Pubali Bank limited has brought its 310 branches under online network and plans to bring the remaining 100 branches under the network in phases, the bank said.
The private commercial bank looks to establish its own ATM network with 1,000 ATM booths across the country and set up 100 such booths this year.
The bank also plans to launch internet banking services using its own software on Wednesday.
The announcement came at a press meet in the capital Dhaka on Tuesday where the bank’s Managing Director Helal Ahmed Chowdhury and Additional Managing Director MA Halim Chowdhury were present.
Pubali Bank started its transition from the traditional manual banking operation to computerized banking services in 1991 with vendor provided software, according to the statement.
In 2004, the bank started replacing the software with its in-house developed branch banking software, Pubali Integrated Banking System.
In 2008, the branch banking software was converted to core banking software which was evaluated by Price-waterhouseCoopers Pvt Ltd, India, and the bank computerized all its branches with the software.
On the same year, the bank started launching online banking system at its selected branches.
BBN/SSR/AD-18Apr12-7:30 am (BST)