AB Bank

AB Bank (formerly Arab Bangladesh Bank) is a leading[1] private sector bank in Bangladesh established in 31 December 1981.[2] This was the first joint venture private bank in Bangladesh. On 14 November 2007 Bangladesh bank approved the name change to AB bank from Arab Bangladesh bank.[3] A former Deputy Managing Director was charged with embezzling 3.25 billion taka from the bank.[4][5] In 2014 AB bank completed its acquisition of Cashlink Bangladesh Limited.[6] A former Vice president and his wife were sentenced to prison terms for embezzlement from the Bank in 2016.[7]

See also

References

  1. ↑ "Bangladeshi officials, executives choose to learn Chinese to get ahead".
  2. ↑ "Background of AB Bank Limited - AB Bank Limited". Abbl.com. Retrieved 2016-09-08.
  3. ↑ "Arab Bangladesh Bank Limited - Banglapedia". en.banglapedia.org. Retrieved 2016-09-08.
  4. ↑ "Ex-AB Bank DGM held for amassing Tk 325cr". 2016-07-17. Retrieved 2016-09-08.
  5. ↑ "BB general manager arrested". 2016-07-17. Retrieved 2016-09-08.
  6. ↑ "AB Bank completes Cashlink acquisition". 2014-10-18. Retrieved 2016-09-08.
  7. ↑ "Ex-AB Bank official, wife get life term imprisonment | Dhaka Tribune". archive.dhakatribune.com. Retrieved 2016-09-08.

External links


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