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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
country.
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 banks 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

pati" as it reflects the bonding with its clientele and fulfilling their every need. Thus the new
spirit of AB is "Bonding".
Through its wide range of diversified product and services, AB Bank has now affirmed its
position as one of the top rated banks of the country. AB offers a wide range of depository and
loan products to cater virtually to every customer segment. From Student Banking to Priority
Banking AB approximately has all banking products in its repertoire. The product gallery is rich
in content and innovative products and services are 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. AB has high quality products and services and dedicated
Relationship Managers who are committed in the fields of financial health management, preserve
lifestyle and maintain priorities of the customers wherever life takes them.
List of AB Banks significant achievements over the years:

First Private Commercial Bank to start Banking Operation (12 April, 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

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, AB Bank has been a genuine care giver in the Health,
Education and sports sectors. As Bangladeshs benchmark bank it has always been at the
forefront to assist during critical moments like donating to help the victims of Rana Plaza,
standing beside the families affected by BDR Tragedy, distributing warm cloths among the
victims of Ramu, contributing to the patients of the devastating Nimtoli fire at old Dhaka etc.
Trust and integrity have been the key value components when meeting the expectations of every
stakeholder. As such, AB Bank has molded an exceptionally talented team of employees helping
them reach their optimum potential. 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.

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