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Rupali Bank Limited was constituted with the merger of 3 erstwhile commercial banks i.e. Muslim Commercial Bank Limited, Australasia Bank Limited and Standard Bank Limited which operated in the then East Pakistan on March 26, 1972 under the Bangladesh Banks (Nationalization) Order 1972. Rupali Bank worked as a nationalized commercial bank till December 13, 1986. When the Bank went public but the majority of the shares are still retained by the Government.
Rupali Bank Ltd. emerged as the largest Public Limited Banking Company of the country on December 14, 1986.
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- "Rupali Bank Limited - Banglapedia". en.banglapedia.org. Retrieved 24 May 2016.