You are on page 1of 3

Company Profile

AB Bank Limited Bangladesh is the very first
private sector bank of Bangladesh; which was
incorporated in 31st December, 1981. Arab
Bangladesh Bank as formerly known started its
effective operation from 12th April, 1982 with the
mission to be the best performing bank of the
With an ambition to secure its place as the leading service provider, creating lasting value for its
clientele, shareholder, and employees and particularly for the community it operates in, AB has
formulated a golden heritage and an envious legacy that has not been imitated by many.
Achieving plenty of milestones and incorporating numerous changes over the last 32 years, AB
has always been authentic to its desire of being the technology driven innovative bank of
Bangladesh. To excel in this new era of technological triumph, AB has successfully introduced
internet banking, SMS banking, cutting edge ICT, state-of-art network solution, 24/7 ATM
service and many other e-products.
AB has extensively widened its services over the last three decades in both home and abroad.
The bank opened its very first branch at Karwan Bazar on 12th April 1982 and now has a
successful footprint of 93 branches including one overseas branch in Mumbai, India and 239
ATMs spread across the country as of 31st December 2014. It has associated 6 subsidiary
companies including one exchange company in UK, Off-shore Banking Unit and Custodial
services with its core banking activities. The Bank opened its Representative Office at Yangon,
Myanmar and at London, UK for extending its foreign operations.
AB took a conscious effort to rejuvenate its past identity; that is carried as Arab Bangladesh
Bank Limited for 25 long years. Hence it chose to rename itself as AB Bank Limited and
Bangladesh Bank put its affirmative stamp on November 14, 2007. The bank’s new logo
symbolizes the blend of bonding and trust. It developed its logo keeping in mind its vision and
mission and core values with contemporary theme. The new logo represents the cultural "Sheetal

strengthening and expanding its Islamic Banking activities. preserve lifestyle and maintain priorities of the customers wherever life takes them. Through its wide range of diversified product and services. The product gallery is rich in content and innovative products and services are introduced in the field of Small and Medium Enterprise (SME) credit. AB offers a wide range of depository and loan products to cater virtually to every customer segment. AB has high quality products and services and dedicated Relationship Managers who are committed in the fields of financial health management. AB Bank has now affirmed its position as one of the top rated banks of the country. Consumer Loans. Structured Finance for Corporate. List of AB Bank’s significant achievements over the years:  First Private Commercial Bank to start Banking Operation (12 April. Internet and SMS Banking. Priority Banking. From Student Banking to Priority Banking AB approximately has all banking products in its repertoire. Treasury Products and Services. Women's Entrepreneur. Debit and Credit Cards (Local & International). and Customer Care. specialized products and services for NRBs. Remittance Services. Thus the new spirit of AB is "Bonding". ATMs. 1982)  First ATM at Gulshan Club  First Teller System in Branches  First to use automated online system – Kapiti Banking System (1984)  First in syndication Finance to BIMAN  First financing in Ship building : Western Marine  First in using SWIFT (1999)  First Multi Bank owned Switching network : CBL .pati" as it reflects the bonding with its clientele and fulfilling their every need. Investment Banking.

standing beside the families affected by BDR Tragedy. distributing warm cloths among the victims of Ramu. As Bangladesh’s benchmark bank it has always been at the forefront to assist during critical moments like donating to help the victims of Rana Plaza. contributing to the patients of the devastating Nimtoli fire at old Dhaka etc. First in opening Merchant Banking Wing (2002)  First to have a Financial House abroad at Hong Kong (1995)  First to open overseas Branch at Mumbai (1996)  First subsidiary for Merchant Banking: AB Investment Limited (2009)  First to have a representative office in Myanmar (2010)  First to invest in Sri Lanka – Amana Bank Ltd. . (2011)  First Solar Power ATM at Uttara (2011) Throughout the journey of excellence. As such. Education and sports sectors. Trust and integrity have been the key value components when meeting the expectations of every stakeholder. The bank has provided and will continue to provide new and imaginative schemes that will altogether redefined convenience in financial services and revolutionize the nature of banking in Bangladesh. AB Bank has been a genuine care giver in the Health. AB Bank has molded an exceptionally talented team of employees helping them reach their optimum potential.