Al-Arafah Islami Bank PLC. (DSE: ALARABANK)
Bangladesh flag Bangladesh · Delayed Price · Currency is BDT
22.80
+0.10 (0.44%)
At close: Oct 9, 2024

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.

Al-Arafah Islami Bank PLC.
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