Al-Arafah Islami Bank PLC. Company Description
Al-Arafah Islami Bank PLC., together with its subsidiaries, provides consumer and commercial banking, trade finance, and other related custody and clearing services in Bangladesh.
The company offers current, short notice, savings, term, monthly and termed Hajj, and foreign currency deposits; youth saver, offshore/international banking, farmer and freedom fighter, and locker accounts; pension, marriage savings investment, cash waqf, education savings, and deposit schemes; and debit, prepaid, and credit cards.
It also provides investment products, including foreign bill purchase, inland bill purchase, hire purchase, and special investment schemes.
In addition, the company offers foreign trade services, including international banking, letters of credit, import and export financing, remittance, foreign currency account facilities, centralized foreign trade, L/C advising, SWIFT sanction screening, vessel tracking, correspondent and off-shore banking, and guarantee services; micro, small, and medium enterprises banking services; payroll services; retail investment products; and treasury related solutions, such as foreign exchange, money market, fixed income, and asset liability management.
Further, it provides automated teller machine services, as well as mobile and online banking services.
Al-Arafah Islami Bank PLC. was incorporated in 1995 and is headquartered in Dhaka, Bangladesh.
Country | Bangladesh |
Founded | 1995 |
Industry | Commercial Banks |
Employees | 3,866 |
CEO | Farman Chowdhury |
Contact Details
Address: Al-Arafah Tower Dhaka, 1000 Bangladesh | |
Phone | 880 2 4485 0005 |
Website | aibl.com.bd |
Stock Details
Ticker Symbol | ALARABANK |
Exchange | Dhaka Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | BDT |
SIC Code | 6020 |
Key Executives
Name | Position |
---|---|
Farman Chowdhury | Chief Executive Officer |
Muhammod Nadim | Chief Financial Officer |