AB Bank Limited
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AB Bank Limited, the first private sector bank was incorporated in Bangladesh on 31st December 1981 as Arab Bangladesh Bank Limited and started its operation with effect from April 12, 1982.
AB Bank is known as one of leading bank of the country since its commencement 29 years ago. It continues to remain updated with the latest products and services, considering consumer and client perspectives. AB Bank has thus been able to keep their consumer’s and client’s trust while upholding their reliability, across time.
During the last 29 years, AB Bank Limited has opened 82 Branches in different Business Centers of the country, one foreign Branch in Mumbai, India and also established a wholly owned Subsidiary Finance Company in Hong Kong in the name of AB International Finance Limited. To facilitate cross border trade and payment related services, the Bank has correspondent relationship with over 220 international banks of repute across 58 countries of the World.
In spite of adverse market conditions, AB Bank Limited which turned 28 this year, concluded the 2008 financial year with good results. The Bank’s consolidated profit after taxes amounted to Taka 230 cr which is 21% higher than that 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.
The Bank showed strong growth in loans and deposits. Deposit of the Bank rose 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 Trade Business handled was Tk 9,898 cr indicating a growth of over 40% in 2008.
The 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.
AB Bank believes in modernization. The bank took a conscious decision to rejuvenate its past identity – an identity that the bank carried as Arab Bangladesh 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 Bank put its affirmative stamp on November 14, 2007.
The 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 considering the contemporary time. The new logo represents our cultural “Sheetal pati” as it reflects the bonding with its clientele and fulfilling their every need. Thus the new spirit of AB is “Bonding”. The Logo of the bank is primarily “red”, as red represents velocity of speed and purity. Our new logo innovates, bonding of affiliates that generate changes considering its customer demand. AB Bank launched the new Logo on its 25th Anniversary year.
AB Bank commits to nation to take a lead in the Banking sector through not only its strong financial position, but also through innovation of products and services. It also ensures creating higher value for its respected customers and shareholders. The bank has focused to bring services at the doorstep of its customers, and to bring millions into banking channels those who are outside the mainstream banking arena. Innovative products and services were introduced in the field of Small and Medium Enterprise (SME) credit, Women’s Entrepreneur, Consumer Loans, Debit and Credit Cards (Local & International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking, specialized products and services for NRBs, Priority Banking, and Customer Care. The 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.
AB Bank has continuously invests into its biggest asset, the human resource to drive forward with its mission “to be the best performing bank in the country.” The bank has introduced Dress Code for its employees. Male employees wear designed ties and females wear Sharee or Salwar Kamiz, all the dresses are consisted with the unique AB Bank logo.
AB is recognized as the people’s choice, catering to the satisfaction of its cliental. Their satisfaction is AB’s success.
ATM Locations
AB Bank is known as one of leading bank of the country since its commencement 29 years ago. It continues to remain updated with the latest products and services, considering consumer and client perspectives. AB Bank has thus been able to keep their consumer’s and client’s trust while upholding their reliability, across time.
During the last 29 years, AB Bank Limited has opened 82 Branches in different Business Centers of the country, one foreign Branch in Mumbai, India and also established a wholly owned Subsidiary Finance Company in Hong Kong in the name of AB International Finance Limited. To facilitate cross border trade and payment related services, the Bank has correspondent relationship with over 220 international banks of repute across 58 countries of the World.
In spite of adverse market conditions, AB Bank Limited which turned 28 this year, concluded the 2008 financial year with good results. The Bank’s consolidated profit after taxes amounted to Taka 230 cr which is 21% higher than that 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.
The Bank showed strong growth in loans and deposits. Deposit of the Bank rose 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 Trade Business handled was Tk 9,898 cr indicating a growth of over 40% in 2008.
The 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.
AB Bank believes in modernization. The bank took a conscious decision to rejuvenate its past identity – an identity that the bank carried as Arab Bangladesh 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 Bank put its affirmative stamp on November 14, 2007.
The 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 considering the contemporary time. The new logo represents our cultural “Sheetal pati” as it reflects the bonding with its clientele and fulfilling their every need. Thus the new spirit of AB is “Bonding”. The Logo of the bank is primarily “red”, as red represents velocity of speed and purity. Our new logo innovates, bonding of affiliates that generate changes considering its customer demand. AB Bank launched the new Logo on its 25th Anniversary year.
AB Bank commits to nation to take a lead in the Banking sector through not only its strong financial position, but also through innovation of products and services. It also ensures creating higher value for its respected customers and shareholders. The bank has focused to bring services at the doorstep of its customers, and to bring millions into banking channels those who are outside the mainstream banking arena. Innovative products and services were introduced in the field of Small and Medium Enterprise (SME) credit, Women’s Entrepreneur, Consumer Loans, Debit and Credit Cards (Local & International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking, specialized products and services for NRBs, Priority Banking, and Customer Care. The 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.
AB Bank has continuously invests into its biggest asset, the human resource to drive forward with its mission “to be the best performing bank in the country.” The bank has introduced Dress Code for its employees. Male employees wear designed ties and females wear Sharee or Salwar Kamiz, all the dresses are consisted with the unique AB Bank logo.
AB is recognized as the people’s choice, catering to the satisfaction of its cliental. Their satisfaction is AB’s success.
Products & Services
Retail Banking
Corporate Banking
SME Banking
Project Finance
Loan Syndication
Lending Rates
Deposit Rates
Exchange Rates
NRB Banking
Money Transfer
Islami Banking
Investment Banking
Cards
Locker Service
Schedule of Charges
Customer Services
New Cheque Book
Lost Cheque Book
Lost Credit / Debit Card
Account Opening
Address Change
Signature Change
Account Closing
Account Transfer
ATM Locations
| Dhaka Division | |
| Principal Branch BCIC Bhaban,30-31, Dilkusha C/A Dhaka 1000 Board Bazar Branch Union: Gacha, PO: National University PS: Gazipur Sadar, Gazipur 1704 Karwan Bazar Branch BSEC Bhaban, 102 Kazi Nazrul Islam Avenue Dhaka 1215 Kakrail Branch 81, VIP Road, Dhaka -1000 Gulshan Branch Ventura Avenue, Plot No. CWN(C)-8, Road No. 34 Gulshan Model Town, Dhaka 1212 Progoti Sharani Branch N.R. Tower, 72 Progoti Sharani, Block: J, Baridhara, Dhaka 1212 Narayanganj Branch 109 B.B. Road, Narayangonj 1400 Dhanmondi Branch Plot: 45 (new) 286/B (old), Road: 16 (new) 27 (old) Dhanmondi R/A, Dhaka 1209 Mymensingh Branch 52 Dr. Bipin Sen Road, Choto Bazar, Kotowali, Mymensingh-2201 | New Elephant Road Branch Novera Square, House 05, Road 02, Dhanmondi, Dhaka 1205 Joypara Branch Dohar, Dhaka 1330 Mohakhali Branch Pacific Centre, 14 Mohakhali C/A, Dhaka 1212 Midtown Shopping Mall Plot 22, Main Rd 03, Sec 7, Pallabi, Mirpur, Dhaka 1216 Tangail Branch 702 Sabur Khan Tower, Kalibari Road, Tangail Sadar, Tangail 1900 Uttara Branch House 11, Road 14D, Sector 4, Uttara, Dhaka 1230 Madhabdi Branch Parkashipur, Madhabdi Bazar, Narsingdi 1604 Bhairab Bazar Branch 248(W) Tin Potty, Bhairab Bazar, Bhairab, Kishoregonj 2350 North South Road Branch 1/3, North South Road (Bangshal), Dhaka 1100 Imamganj Branch 40, Imamganj, Dhaka 1211 |
| Chittagong Division | |
| Bahaddarhat Branch Bismillah Complex, Arakan Road, Bahaddarhat, Chittagong 4323 Agrabad Branch BCIC Sadan, 26, Agrabad C/A, Chittagong 4100 Chandpur Branch 123/115 Kalibari Pouro New Market, Chandpur Sadar, Chandpur 3600 CDA Avenue Branch BMA Bhaban, 1367 CDA Avenue, East Nasirabad, Chittagong 4000 Brahmanbaria Branch 1090/5321, Court Road, Brahmanbaria 3400 Khatunganj Branch 395, Khatunganj, Chittagong 4000 Boalkhali Branch TCCA Complex, Gomdandi (East), Boalkhali, Chittagong 4366 Khulshi Branch Khulshi House, Bungalow No. 2, B-2, Road 1, P.S.: Khulshi, Chittagong 4000 | Export Processing Zone (EPZ) Branch Bay Shopping Centre, P.O: EPZ, South Halishahar P.S. Bandar, Chittagong 4100 Cox’s Bazar Kolatoli, Hotel Motel Zone, Main Road, Cox's Bazar 4700 Sicho Shopping Complex Padua, Lohagara, Chittagong 4397 862/A, O.R. Nizam Road Goal Pahar Circle, Chittagong 4000 Nazu Meah Hat Branch Burischar, Kaptai Road, Hathazari, Chittagong 4330 Patherhat Branch Khayez Shopping Center, Patherhat, Noyapara, Chittagong Comilla Branch Mogholtooly Super Market, Mogholtooly Road, Comilla 3500 Teknaf Branch Teknaf Main Road, Teknaf, Cox's Bazar 4760 |
| Sylhet Division | |
| Chhatak Branch Madaris Mansion, Bagbari, Chattak, Sunamganj 08723 Dargahgate Branch Raj Manjil, Dargahgate, Sylhet 3100 Sreemongal Branch Aziz Super Market , Moulvibazar Road, Sreemongal, Moulvibazar 3210 Moulvibazar Branch Shamsher Nagar Road, Choumuhana, Moulvibazar 3200 | Garden Tower Branch Biswa Road, Shahjalal Uposhohor Point, Sylhet 3100 VIP Road Branch Surma Tower, Plot - 6006(old), 27640(new), Ward 13, V.I.P. Road, Taltala, P.S:. Kotwali, Sylhet City Corporation, Sylhet 4112 Boroikandi Branch Rongdhonu Biponi Bitan, 1st Floor, Central Bus Terminal Road, Verthokhola, Sylhet 3100 |
| Rangpur Division | |
| Saidpur Branch 24, Nur Plaza, Ward 12, Shaheed Dr. Zikrul Haque Road, Saidpur, Nilphamari 5310 | |
| Rajshahi Division | |
| Bogra Branch 324, Kazi Nazrul Islam Sarak, Jhawtala, Bogra 5800 Naogaon Branch Mozaffer Hossain Marketing Complex, Main Road, Naogaon 6500 | Rajshahi Branch 102-103 Shaheb Bazar, Rajshahi 6000 Sirajganj Branch Friends Plaza, S S Road, Ward 1, Sirajganj 6700 |
| Khulna Division | |
| Khulna Branch Mollick Shopping Complex Limited, 99 Khan A Sabur Road, Khulna 9100 Jessore Branch 38 M. K. Road, Jessore 7400 | Satkhira Branch 884/810, Abul Kashem Road, Satkhira 7431 Benapole Branch 607 Benapole, Local Bus Stand, Benapole, Jessore 7431 |
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