DHAKA: Bangladesh Bank (BB) yesterday released new notes of Taka 10, 20, 50 and 100 denominations in the market ahead…
Mr. M. Wahidul Haque joined as Director of the Board of AB Bank Limited on December 12, 2007. He was unanimously elected by the Board of Directors as Chairman of AB Bank on July 16, 2008. Mr. Haque Carries additional responsibility as Managing Director of Deundi Tea Company (UK) Limited, and Noyapara Tea Company (UK) Limited. Mr. Haque is also a member of Bangladesh Tea Board (Dhaka), Board of Trustees, Plantation Employees Provident Fund & Cha Sramik Kalayan Trust of the Government of Bangladesh. Mr. M. Wahidul Haque has been the longest serving Chairman of Bangladesh Tea Association. An experienced man in the field of Tea production, Mr. Haque holds double graduation degree in Arts & Law. Born in 1952, Mr. Haque is widely recognized by variety of civic, social service, and community organizations for his public service leadership. Mr. Haque spends his leisure with family and enjoys reading books, business chronicles and has travelled widely.
About AB Bank: AB Bank Limited, the first private sector bank was incorporated in Bangladesh on 31st December 1981 as Arab Bangladesh Bank Limited and started its operation with effect from April 12, 1982. AB Bank is known as one of leading bank of the country since its commencement 27 years ago. It continues to remain updated with the latest products and services, considering consumer and client perspectives. AB Bank has thus been able to keep their consumer and client’s trust while upholding their reliability, across time. During the last 27 years, AB Bank Limited has opened 77 Branches in different Business Centers of the country, one foreign Branch in Mumbai, India and also established a wholly owned Subsidiary Finance Company in Hong Kong in the name of AB International Finance Limited. To facilitate cross border trade and payment related services, the Bank has correspondent relationship with over 220 international banks of repute across 58 countries of the World.
The Bank maintained its sound credit rating in 2008 to that of the previous year. The Credit Rating Agency of Bangladesh Limited (CRAB) awarded the Bank an Al rating in the long term and ST-2 rating in the short Term. AB Bank believes in modernization. The bank took a conscious decision to rejuvenate its past identity – an identity that the bank carried as Arab Bangladesh Bank Limited for twenty five long years. As a result of this decision, the bank chose to rename itself as AB Bank Limited and the Bangladesh Bank put its affirmative stamp on November 14, 2007.
The Bank decided to change its traditional color and logo to bring about a fresh approach in the financial world; an approach, which like its new logo is based on bonding, and trust. The bank has developed its logo considering the contemporary time. The new logo represents our cultural “Sheetal pad” as it reflects the bonding with its clientele and fulfilling their every need. Thus the new spirit of AB is “Bonding”. The Logo of the bank is primarily “red”, as red represents velocity of speed and purity. The logo innovates, bonding of affiliates that generate changes considering its customer demand. AB Bank launched the Logo on its 25th Anniversary year.
AB Bank commits to nation to take a lead in the Banking sector through not only its strong financial position, but also through innovation of products and services. It also ensures creating higher value for its respected customers and shareholders. The bank has focused to bring services at the doorstep of its customers, and to bring millions into banking channels those who are outside the mainstream banking arena. Innovative products and services were introduced in the field of Small and Medium Enterprise (SME) credit, Women’s Entrepreneur, Consumer Loans, Debit and Credit Cards (Local & International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking, specialized products and services for NRBs, Priority Banking, and Customer Care. The Bank has successfully completed its automation project in mid 2008. It envisages enabling customers to get banking services within the comfort of their homes and offices.
AB Bank has continuously invests into its biggest asset, the human resource to drive forward with its mission “to be the best performing bank in the country.” The bank has introduced Dress Code for its employees. Male employees wear designed ties and females wear Sharee or Salwar kamiz, all the dresses are consisted with the unique AB Bank logo. AB is recognized as the people’s choice catering to the satisfaction of its cliental. Their satisfaction is AB’s success.