Arab Bangladesh Bank Limited

Arab Bangladesh Bank Limited (AB Bank Limited) is a Bangladesh-based private sector bank, having its overseas office in Mumbai. Established on December 31, 1981 as the first private sector bank in Bangladesh and started its operation from April 12 next year, Arab Bangladesh Bank Limited has come a long way in the following years to become a prominent name in the global banking sector. The Mumbai branch of Arab Bangladesh Bank Limited is the sole overseas branch in India.

Recently Arab Bangladesh Bank Limited has changed its color and logo in an attempt to bring fresh approach. The new logo, which was launched on the 25th anniversary of the bank, focuses on bonding and trust, and hence showcasing the new spirit of the organization.

The profit of Arab Bangladesh Bank Limited went up to 21% from its previous year to reach Taka 230 crores in 2008. The asset base also went up by 32% to reach Tk 8,400 crore in 2008. The deposits of the bank also increased 28.45% to reach Tk 1,518 crore, whereas the diversified loan portfolio augmented by more than 30% to reach Tk 1,579 crore. In foreign trade, Arab Bangladesh Bank Limited registered a growth of 40% with a business volume of Tk 9,898 crore.

The Performance

Following are the performance of Arab Bangladesh Bank Limited Mumbai branch. (Figures are in ` mn.)

Total Assets	788
Total Expenses	60
Net Profit	29
Credit Deposit Ratio	84.24
Cash Deposit Ratio	4.48
Investment Deposit Ratio	36.66
Return on Asset (%)	6.71%
Return on Equity (%)	6.18%
Business per Employee	21.24
Net Profit per Employee	1.07

Products Services

Arab Bangladesh Bank Limited offers a range of products and services to its customers. Following are the services offered by AB Bank Ltd:

• Retail Banking
  • Personal Loan
  • Auto Loan
  • Easy Loan (for Executives)
  • Gold Grace (Jewellery Loan)
  • House / Office Furnishing / Renovation Loan
  • Staff Loan
  • Education Loan
  • Personal Loan
  • Personal Overdraft
• Corporate Banking
• SME Banking
• Project Finance
• Loan Syndication
• NRB Banking
• Money Transfer
• Islami Banking
• Investment Banking
  • Merchant Banking
  • Custodial Service
  • Brokerage Service
• Cards
• Locker Service

Useful Information

Arab Bangladesh Bank Limited
Mumbai Branch
Liberty Building
41-42 Sir Vithaldas Thackersey Marg
New Marine Lines
Mumbai 400 020, India
Ph: +91-22-22005392-3
Fax: +91-22-22005391
SWIFT: ABBLINBB
E-mail: Mumbai@abbank.com.bd
Web: www.abbank.com.bd

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