The bank can trace its origins to the former
Bangladesh Commerce and Investment Limited, set up on 27 January 1986.
S Alam Group is an investor in the bank. In August 2004, Bangladesh Bank placed in a watchlist of "problem banks". The bank donated to Prime Minister Khaleda Zia's relief fund. Md Enayet Ullah was appointed managing director of the bank. A branch of the
bank in Ashulia, Bangladesh was robbed on 21 April 2015. Nine people including the bank manager were killed. The attack was blamed on Islamic militants. 6 members
Jama'atul Mujahideen Bangladesh (JMB) and
Ansarullah Bangla Team were sentenced to death in the case and others were imprisoned. In 2018, Bangladesh Commerce Bank Limited had 31.6 per cent bad loans. In 2021, Bangladesh Commerce Bank Limited had found it difficult to recover 5.02 billion taka it had deposited with six non bank financial institutions. The institutions were
Bangladesh Industrial Finance Company Limited,
FAS Finance and Investment Limited,
First Finance Limited,
International Leasing and Financial Services Limited,
Peoples Leasing and Financial Services Limited, and
Premier Leasing and Finance Limited. The bank overspent corporate social responsibility fund on disaster management. In July the bank launched sharia based banking services. Bangladesh Commerce Bank Limited filed a check dishonour case against Marrin Vegetable Oils Limited, a subsidiary of Nurjahan Group. The chairman of the group, Tipu Sultan and managing director, Jahir Ahmed, were sentenced to one year in jail in the case. Following the fall of the Sheikh Hasina led
Awami League government,
Bangladesh Bank dissolved the board of directors of Bangladesh Commerce Bank Limited and appointed former Bangladesh Bank official, Md Ataur Rahman, chairperson of the bank. == Board of directors ==