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Ab Bank Plc (Bangladesh)

Main Activities: Commercial Banking
Full name: Ab Bank Plc Profile Updated: May 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Bank through its branches and non-banking subsidiaries provides a diverse range of financial services and products in Bangladesh and in certain international markets.

The Bank started its Islamic Banking operation through its Dilkusha Islami Banking Branch, Dhaka on December 23, 2004.
The Bank is one of the first generation private commercial banks (PCBs) incorporated in Bangladesh on 1 December, 1981 as a Public Limited Company under the Companies Act, 1913, subsequently replaced by the Companies Act 1994, and is governed by the Banking Companies Act, 1991.
The Bank went for public issue of its shares on 28 December, 1983 and its shares are listed on Dhaka Stock Exchange and Chittagong Stock Exchange.
Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be AB Bank PLC. instead of AB Bank Limited with effect from December 05, 2023. Other things (except name) will remain unchanged.

Headquarters
The Skymark, 18 Gulshan Avenue, Gulshan-1, Dhaka 1212, Bangladesh, P.O Box 3522
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.abbl.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1981
Key Executives
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Chairman
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President
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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Subsidiaries
Ab Exchange (Uk) Ltd. (United Kingdom)
100%
Ab International Finance Ltd (Hong Kong SAR, China)
100%
Ab Investment Limited
99.99%
Company Performance
Financial values in the chart are available after Ab Bank Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net interest income
13.13%
Operating profit (EBIT)
-6.1%
Net Profit (Loss) for the Period
-47.72%
Total assets
6.02%
Total equity
0.83%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-8.25%
Loans to Asset Ratio
-3.27%

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