DSE: ALARABANK 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; pension, marriage savings investment, cash waqf, education savings scheme, and deposit schemes; and debit, prepaid, and credit cards.
It also provides investment products, including foreign bill purchase, hire purchase services, 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, off-shore banking, centralized foreign trade, L/C advising, SWIFT sanction screening, vessel tracking, and guarantee services; micro, small, and medium enterprises banking services; and treasury related solutions, which include foreign exchange, money market, fixed income, and asset liability management.
Further, it provides automated teller machine services, as well as Internet banking services. The company 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 |