Bank Limited, the first private sector bank was incorporated in
on 31st December 1981 as Arab Bangladesh Bank Limited and started its
with effect from April 12, 1982.
Bank is known as one of leading bank of the country since its
28 years ago. It continues to remain updated with the latest products
services, considering consumer and client perspectives. AB Bank has
been able to keep their consumer’s and client’s trust while upholding
reliability, across time.
the last 28 years, AB Bank Limited has opened 77 Branches in different
Business Centers of the country, one foreign Branch in Mumbai, India
also established a wholly owned Subsidiary Finance Company in Hong Kong
in the name of AB International Finance Limited. To facilitate cross
trade and payment related services, the Bank has correspondent
with over 220 international banks of repute across 58 countries of the
spite of adverse market conditions, AB Bank Limited which turned 28
year, concluded the 2008 financial year with good results. The Bank’s
profit after taxes amounted to Taka 230 cr which is 21% higher than
of 2007. The asset base of AB grew by 32% from 2007 to stand at over Tk
8,400 cr as at the end of 2008.
Bank showed strong growth in loans and deposits. Deposit of the Bank
by Tk. 1518 cr ie., 28.45% while the diversified Loan Portfolio grew by
over 30% during the year and recorded a Tk 1579 cr increase. Foreign
Business handled was Tk 9,898 cr indicating a growth of over 40% in
Bank maintained its sound credit rating in 2008 to that of the previous
year. The Credit Rating Agency of Bangladesh Limited (CRAB) awarded the
Bank an A1 rating in the long term and ST-2 rating in the short Term.
Bank believes in modernization. The bank took a conscious decision to
its past identity – an identity that the bank carried as Arab
Bank Limited for twenty five long years. As a result of this decision,
the bank chose to rename itself as AB Bank Limited and the Bangladesh
put its affirmative stamp on November 14, 2007.
Bank decided to change its traditional color and logo to bring about a
fresh approach in the financial world; an approach, which like its new
logo is based on bonding, and trust. The bank has developed its logo
the contemporary time. The new logo represents our cultural “Sheetal
as it reflects the bonding with its clientele and fulfilling their
need. Thus the new spirit of AB is “Bonding”. The Logo of the bank is
“red”, as red represents velocity of speed and purity. Our new logo
bonding of affiliates that generate changes considering its customer
AB Bank launched the new Logo on its 25th Anniversary year.
Bank commits to nation to take a lead in the Banking sector through not
only its strong financial position, but also through innovation of
and services. It also ensures creating higher value for its respected
and shareholders. The bank has focused to bring services at the
of its customers, and to bring millions into banking channels those who
are outside the mainstream banking arena. Innovative products and
were introduced in the field of Small and Medium Enterprise (SME)
Women’s Entrepreneur, Consumer Loans, Debit and Credit Cards (Local
International), ATMs, Internet and SMS Banking, Remittance Services,
Products and Services, Structured Finance for Corporate, strengthening
and expanding its Islamic Banking activities, Investment Banking,
products and services for NRBs, Priority Banking, and Customer Care.
Bank has successfully completed its automation project in mid 2008. It
envisages enabling customers to get banking services within the comfort
of their homes and offices.
Bank has continuously invests into its biggest asset, the human
to drive forward with its mission “to be the best performing bank in
country.” The bank has introduced Dress Code for its employees. Male
wear designed ties and females wear Sharee or Salwar Kamiz, all the
are consisted with the unique AB Bank logo.
is recognized as the people’s choice, catering to the satisfaction of
cliental. Their satisfaction is AB’s success.
Bhaban, 30-31 Dilkusha Area