Agrani Bank emerged as a Nationalized Commercial Bank following the Bangladesh Banks (Nationalization) Order 1972 vide President’s Order No. 26 of 1972 under which former Habib Bank Limited and Commerce Bank Limited and renamed as Agrani Bank. The Bank was incorporated as a State-owned Commercial Bank on 17 May 2007 under the Companies Act 1994. On a going concern basis, Agrani Bank Limited took over the business, assets, liabilities, rights and obligations of Agrani Bank through a vendor’s agreement signed on 15 November 2007 between the Ministry of Finance of the People’s Republic of Bangladesh and the Board of Directors of ABL with retrospective effect from 01 July, 2007.
Solar Energy, Bio-gas and Effluent Treatment Plant Credit Scheme (SBETPCS) is a green credit scheme of Agrani Bank Limited. Under the scheme the entrepreneurs can enjoy the credit facilities to establish solar panel, bio-gas plant and effluent treatment plant. The credits are disbursed directly or through NGO linkage program. The rate of interest of this credit is 9.00%. The activities of the scheme are extended in all over the country.