AB Bank PLC. Company Description
AB Bank PLC. provides a wide range of banking products and financial services in Bangladesh and internationally. The company offers various accounts, including savings accounts, current accounts, NFCD accounts, RFCD accounts, fixed-term deposits, double deposit schemes, monthly income deposits, monthly savings deposit schemes, millionaire scheme accounts, and family savings accounts.
It also provides personal loans, auto loans, home loans, and personal overdraft-secured loans, along with debit and credit cards.
In addition, the company offers treasury and foreign exchange products, including money market products and fixed-income market products such as treasury bills and bonds.
Corporate banking services are also available, encompassing project finance, working capital finance, bill discounting, trade finance, offshore banking, international banking, and Islamic banking finance.
The bank specializes in structured finance products, including deal structuring, equity financing and arrangements, and corporate advisory services.
Further, it provides foreign currency accounts in USD, GBP, and EUR for non-resident Bangladeshis, as well as stockbroking services, corporate advisory services, merchant banking services, and portfolio management, issue management, and underwriting services.
The bank also offers SME deposit and loan products, remittance services, money lending services, advisory and confirmation services for documentary credits, negotiation and discounting services for documents under documentary credits, fund transfer services, and additional conveniences such as lockers, Internet banking, and SMS banking services.
AB Bank PLC. was incorporated in 1981 and is based in Dhaka, Bangladesh.
Country | Bangladesh |
Founded | 1981 |
Industry | Commercial Banks |
CEO | Syed Rahman |
Contact Details
Address: The Skymark Dhaka, 1212 Bangladesh | |
Phone | 880 9 6785 55000 |
Website | abbl.com |
Stock Details
Ticker Symbol | ABBANK |
Exchange | Dhaka Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | BDT |
SIC Code | 6020 |
Key Executives
Name | Position |
---|---|
Syed Rahman | Chief Executive Officer |
Ihsanul Arefin | Chief Financial Officer |
Md. Rahman | Chief Operating Officer |