[1] It is the very first private bank founded in the present day country of Bangladesh.
[2][3] The bank was founded in 1846 in Dhaka by Khwaja Alimullah.
He was a merchant and the largest and most influential zamindar in East Bengal.
[4] The bank was started with a capital of four lakh rupees.
[4] The directors of the bank were J P Wise, R J Carnegie, Nicholas Pogose, Babu Mirtunjoy Dutt, Babu Dinanath Ghosh, William Foley and G M Reilly.