Arab Bangladesh (AB) Bank Limited is basically a Bangladesh based private sector bank which also has an office in the Mumbai. It was established in the year 1981 and became first private sector bank of Bangladesh. In spite of many facilities it has but if it has to become a major banking player in the market then it is difficult way. Recently bank also changed its color and logo and that logo was launched on its 25th anniversary.
Its profit is also increase day by day and asset base also went up by 32% to reach Tk 8,400 crore in 2008. Deposit of the bank also increases incredibly like it increased up to 28.45%. When we talk about foreign trade then it registered a growth of 40% with a business volume of 9898 crore. We talk above that it has a office in the Mumbai so over here we see the performance of the bank at Mumbai branch that its total asset is Rs. 788 million, Total expenses is Rs.60 million, Net profit is Rs. 29 million, Investment deposit ratio is Rs. 36.66 million, Return on Asset is 6.71% and Return on Investment is 6.18% etc.
It also provides various products like in the Retail Banking it includes personal loan, Auto loan, Easy loan, staff loan, Educational loan, personal loan etc., corporate banking, SME banking, project finance, NRB banking, Money Transfer, Investment banking like Merchant banking, custodial service and brokerage service also.
AB Bank’s official website is www.abbank.org/
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