Sonar Bangla Insurance Ltd.
Sonar Bangla Insurance Ltd.
Registration Number CR-8/2000
Date of Registration 14 March, 2000
Sonar Bangla Insurance Lid is one of the merging private non-life insurance company in Bangladesh 581
was incorporated in 14in March 2000 as a public Lid Company under the Companies Act 1994 and ins operation started on 20th April, 2000 with a paid up Capital of BDT 6.00 crore. The Board of Directors raised is authorized Capital hom Tk. 20.00 crore to 100: 00 crore and is present past up Capital is Tk. 40,04,14.450 Sonar Bangla insurance Limited went into Initial Public Offering (IPO) in 2005 to raise its paid up Capital from 6.00 crore to 15,00 crore and isled with the Dhaka and Chittagong Stock Exchange id in 2006 The Company
has been operating its business with a network of 29 branches in different districts of the country Mr. Shean Kabir Hossain is the Hon'ble Chairperson of the Company who is a well known the Industry and under his prudent leadership the Company is able to achieve me growth and development of nown Insurance man of Ine Company Besides, Mr. Md. Shahadat Hossain, Chief Executive Officer (CC) of the Company having insurance knowledge of 30 years who is able to operate of the Company smoothly
Mis Alpha Credit Rating Ltd has assesed the rating of Sonar Bangla Ineunmce Lit as "AA" Raeng "AA" means that the Company is able to settle claims with strong risk protection fadors supported by good finance performance and solvency, secured re-insurance arrangement and adequate indermal consul тирага по the image of the Company
Good Govemance in Wie believe that an organization can only succeed if it is able to attract and retan talented shiled and motivated Individuals for insuring good govemance accountability, faimess, responsibility and ethics. We believe in the true and effective Corporate Govemance Corporate Sector nautes transparency for the growth and development. So the issues of Corporate Govermance are continuously receiving priority and keen attention in all aspects of the company's management