AB Bank Limited

AB Bank was first started as Arab Bangladesh Bank on 14 November 2007, they change their name from the Arab Bangladesh Bank to AB Bank. If you are questioned about the very first private sector bank, AB Bank will be on the top list. In this article, I will discuss the AB Bank information as detailed as I can. So let’s get started.

AB Bank Limited Information

The present registered name of this bank is AB Bank Limited. This bank was started as Arab Bangladesh Bank on April 12th, 1982 by Muhammad A. (Rumee) Ali. Then gradually AB Bank Limited has become one of the best performing private commercial banks in Bangladesh and the surprising thing is AB Bank has now associated with SIX subsidiary companies. Arab Bangladesh Bank changed its name on 14 November 2007 to AB Bank Limited. Karwan Bazar branch is the first and staring branch of AB Bank. Check some more important information below.

Registered Name: AB Bank Limited
Founded: 1982
Type: Private Bank (Commercial)
Country: Bangladesh
Code: 020
SWIFT Code: ABBLBDDH
Stock Code: AB BANK – DSE CSE

Contact

If you want to contact officially with the AB Bank Limited, you use any of the following methods.

Telephone: +880 2 9560312
Fax: +880 2 9564122-23
E-mail Address: [email protected]
Website: www.abbl.com

Head Office

The head office of the AB Bank limited is situated on the BCIC Bhaban, 30-31 Dilkusha Commercial Area, Dhaka 1000, Bangladesh.

Phone: 02-9560312

Account Opening Details

You will need some photo identification documents and some personal identification documents for an opening account on AB Bank. Here is the list of the things that will be needed.

  1. National ID Card
  2. Current valid Passport
  3. Birth Certificate

Account Types

There are local currency account and foreign currency account types are available on the AB Bank. Saving account or current account or any limited company account are in the list of local currency account. Here are the details.

Local Currency Accounts

Here is the local currency accounts list.

  • Savings/Current/SND Account
  • Proprietorship Business Account
  • Partnership Business Account
  • Limited Company Account

Foreign Currency Account

Check out the foreign currency accounts types from the below.

  • Private Foreign Currency Accounts
  • Non–Resident Foreign Currency Deposit (NFCD) Account
  • Resident Foreign Currency Deposit (RFCD) Account
  • Convertible Taka Account
  • Non–Convertible Taka A/C
  • Resident Investor’s Taka Account (NITA)
  • Non-Resident Taka Account (NRTA)
  • Foreign National’s Taka Account
  • Temporary Non-Resident Taka Account (TNRTA)

Loans System

Giving loans is one of the important departments of any commercial bank. AB Bank provides SME(Small and Medium Enterprise) Loans, Retail Banking Loans.

SME Loans

You already know that SME is the short form of Small and Medium Enterprise. The bank provides loans for small and medium businesses.

  • Gati
  • Proshar
  • Digun
  • Sathi
  • Chhoto Puji
  • Uddog
  • Awparajita
  • Uttaran

Retail Banking Loans

Retail Banking loans is mean that short time loans. Suppose, you want to get a loan for buying car or home, Bank will give you a loan for that for a short time.

  • Personal Loan
  • Auto Loan
  • Home Loan
  • Personal Overdraft-Secured

Loan Interest Rate

Get interest or dividend is the main target of providing loan whatever a Bank authority says. AB Bank’s interest rate for loans varies from 12% to 15%. Before getting a loan, you must have to bear in mind the loan interest rate.

AB Bank DPS

  • Profit First
  • Deposit Double Scheme
  • Monthly Income Deposit
  • Monthly Savings Deposit Scheme
  • Millionaire Scheme Account
  • Family Savings

AB Bank FDR Rate

FDR actually means that Fixed Deposit Receipt. The interest rate of Fixed Deposit Receipt varies from 6% to 7% of the AB Bank Limited.

Other Service

AB Bank provides some special services to the customers. Retail Banking, Money Transfer, Bank-card, Internet Banking facilities are some of them.

  • Retail Banking
  • Corporate Banking
  • SME Banking
  • NRB Banking
  • Money Transfer
  • Islami Banking
  • AB Securities Limited
  • Investment Banking
  • Cards
  • Safe Deposit Locker
  • Internet Banking
  • Fund Transfer
  • Accounts
  • Charges

AB Bank Customer Care

If you want to contact the customer care service of the AB Bank, you can call the given phone number or you can send an email on the contact support.

  • Call at 16207 or +88 096789 16207
  • Email at [email protected] or visit any nearest Branch.

AB Bank Branch

AB Bank has a total of 104 branches over the 36 districts in Bangladesh. Only Dhaka district has 30 branches of AB Bank Limited. The main branch of the AB Bank is situated in Karwan Bazar, Dhaka. The detailed information about the AB Bank branch and the branch routing number is here. Click the given link below, and read that article.

AB Bank Branches

AB Bank ATM

AB Bank Limited has a total of 264 ATM booths situated in 34 districts in Bangladesh. To know, all the Booth’s name and location information, visit the link given below.

AB Bank ATM Booth List

AB Bank Routing

We know that a bank routing number is a nine-digit identification number of a bank which is a combination of the 3 digits bank code, 2 digits district code, 3 digits branch code, and at last 1 check digit. AB Bank has a total of 104 branch routing numbers situated in 36 districts over Bangladesh. Visit the given link below for details.

AB Bank Branch Routing Numbers

AB Bank Swift Code

We know that the SWIFT code is the identification code of any bank. SWIFT code means Society for Worldwide Interbank Financial Telecommunication. AB Bank’s primary and international SWIFT Code is ABBLBDDH and this code is for Dhaka Branch also. But if every branch has a dedicated SWIFT code. For more details, visit the given link below.

AB Bank Branch Swift Codes

AB Bank Currency Rate

You found AB Bank information about Currency Exchange Rate, and also added here in this article for your convenience. Check the currency exchange rates.

CURRENCY
BUY SELL
USD 83.95 84.95
GBP 107.0357 111.8382
EURO 94.2190 98.7064

All this information about AB Bank Limited is collected form a valid source. If you find anything wrong with the given information here, please leave a comment. We will recheck and update the information as soon as possible.

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