AB Bank Limited

What AB Bank Limited does

AB Bank PLC. (formerly AB Bank Limited) is Bangladesh's first private commercial bank, established in 1981 and headquartered in Dhaka. The bank operates a universal banking franchise spanning Retail, Corporate, SME, Islamic (Al-Wadeeah and Al-Mudarabah), and Non-Resident Bangladeshi (NRB) banking segments, with distribution across all 8 divisions and 64 districts of Bangladesh via traditional branches, 48+ sub-branches, and 264+ agent banking outlets introduced in 2018. It also maintains an overseas branch in Mumbai (established 1996) and a wholly-owned Hong Kong subsidiary, AB International Finance Limited, supporting Indo-Bangla trade finance and remittance flows.

The bank's core technology stack includes ABDirect internet banking, a mobile application supporting e-KYC-based digital account opening (Smart Account), an ATM network, an agent banking platform with biometric/thumbprint authentication, and SWIFT-connected correspondent banking infrastructure. Products span deposit accounts (Generic Savings, Max Saver, Smart Saver, Student, Shampurna women-focused), retail loans (Auto, Home, Personal), trade finance (L/C issuance, bill discounting, pre/post-export finance), Islamic profit-sharing products, and agricultural lending via the AB Smart Card under Bangladesh Bank's 4% refinance scheme.

Revenue is generated primarily through interest income on loans and advances (corporate, SME, retail, and agricultural), complemented by transaction fees (account maintenance, ATM, processing, locker, debit card, agent banking), Shariah-compliant profit-sharing income, trade finance and correspondent banking fees, and NRB remittance services. The bank earns through a distributed multi-channel model combining physical branches, agent outlets, digital self-service, and correspondent banking partnerships with J.P. Morgan, HSBC, Commerz Bank AG, HDFC, and Asian Clearing Union (ACU) VOSTRO accounts. The bank is listed on DSE and CSE under ticker ABBL, with dispersed shareholding across public (45.42%), institutions (34.52%), and sponsors/directors (18.95% as of January 2026).

Name

AB Bank Limited

Legal name

AB Bank PLC.

Website

https://abbl.com

Company type

Public

Founded year

1981

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

AB Bank PLC. is Bangladesh's first private commercial bank (est. 1981), providing retail, corporate, SME, Islamic, and NRB banking across Bangladesh via branches, 264+ agent outlets, and digital channels, with an overseas Mumbai branch and Hong Kong subsidiary.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)

akta.pro secondary industries

Islamic Retail Banking (FSABAGAA), Islamic Corporate Banking (FSABAGAC)

Keywords

• Retail banking services
• Corporate banking solutions
• SME financing
• Islamic banking products
• Agent banking services

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Interest Income from Loans and Advances: AB Bank generates the majority of its revenue from interest income on loans and advances including corporate loans, SME loans, retail loans (auto loans, home loans, personal loans), and agricultural loans. The bank offers both conventional and Islamic banking products.
2. Fee and Commission Income: The bank earns fee income from various services including account maintenance, transaction fees, processing fees on loans, ATM charges, SMS alert fees, debit card fees, cheque book fees, locker services, and agent banking services.
3. Islamic Banking (Al-Wadeeah, Al-Mudarabah): Shariah-compliant banking products generating profit/management fees under Islamic finance principles for deposit and investment services.
4. Trade Finance and Correspondent Banking: Income from letter of credit issuance, confirmation, bill discounting, pre and post-export finance, and correspondent banking services at the Mumbai branch supporting Indo-Bangla trade.
5. NRB (Non-Resident Bangladeshi) Banking: Specialized banking services for non-resident Bangladeshis including inward remittance services and exchange company services.

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels6 records

Core offering

AB Bank PLC. is a commercial bank offering a comprehensive suite of banking products and services across Retail Banking (savings accounts, cards, personal/home/auto loans, locker services, school banking, NRB banking), Corporate Banking (corporate finance, structured finance, trade finance), SME Banking (deposits and loans), and Islamic Banking (Al-Wadeeah, Al-Mudarabah). Distribution spans traditional branches, sub-branches, 264+ agent banking outlets, internet/mobile banking, ATMs, and overseas branches in Mumbai and Hong Kong.

Product overview

AB Bank PLC. is a commercial bank offering a comprehensive suite of banking products and services through multiple channels. The bank's core offerings include Retail Banking (cards, deposits, loans, locker services), Corporate Banking (corporate finance, structured finance), SME Banking, and Islamic Banking (Al-Wadeeah, Al-Mudarabah). Digital channels include Internet Banking (ABDirect), Agent Banking (with 264+ outlets across Bangladesh), ATM services, SMS Banking, and mobile app-based Smart Account opening. Deposit products span Generic Savings, Max Saver, Smart Saver, Student Accounts, Shampurna (women-focused), and various scheme deposits. Loan offerings include Auto Loans, Home Loans, Personal Loans, and agricultural financing via AB Smart Card. The bank operates an overseas branch in Mumbai, India and maintains correspondent banking relationships for international trade services. The bank also runs a Financial Literacy Wing to promote financial inclusion.

Differentiator

Problem solved

Functional benefit

Brands

• Al-Wadeeah: Islamic banking deposit product based on Al-Wadeeah (Qard) concept
• Al-Mudarabah
• ABDirect
• Smart Account
• Agent Banking

Products and services

• Retail Banking Everyday banking services for individual customers including debit/credit cards, savings/current accounts, personal/home/auto loans, locker services, school banking, NRB banking, and exchange company services.
• Corporate Banking Banking solutions for corporate clients including corporate finance and structured finance services for working capital, term loans, consortium finance, and complex financial requirements.
• SME Banking Banking services for small and medium enterprises including SME deposit products and SME loan facilities tailored for businesses across agriculture, trade, manufacturing, and services sectors.
• Islamic Banking (Al-Wadeeah & Al-Mudarabah) Shariah-compliant banking products and services including Al-Wadeeah (profit-sharing deposit), Al-Mudarabah (investment account), Islamic investment services, and provisional profit rates compliant with Shariah principles.
• Internet Banking (ABDirect) Electronic banking service allowing customers to perform transactions, payments, and account management over the bank's secure website.
• Agent Banking Banking services provided outside regular bank branches through engaged third-party agents, including account opening, cash deposit/withdrawal, fund transfer, utility bill collection, loan processing, and debit card delivery for unbanked populations.
• AB Bank Cards Credit and debit card products providing instant cash access and payment solutions, including the Dual Currency MasterCard Platinum debit card for AB Major student accounts.
• Smart Account Bank account that can be opened digitally using e-KYC (electronic Know Your Customer) process through the AB Bank mobile application without visiting a branch.
• Max Saver Account Savings account with attractive interest rates, minimum initial deposit of Tk.25,000, free internet banking, unlimited transactions, free ATM withdrawals at any ATM, and Tk.200,000 daily ATM limit.
• Smart Saver Account Savings account with no cheque book requirement, minimum initial deposit of Tk.5,000, free internet banking, no restriction on transactions, and interest calculated daily and applied quarterly.
• Student Account (AB Minor & AB Major) Charge-free savings accounts for students with no account maintenance fee, free cheque book, free debit card, free internet banking. AB Minor requires Tk.100 initial deposit; AB Major requires Tk.500 initial deposit and includes a Dual Currency MasterCard Platinum Debit Card.
• Shampurna Account Savings account designed exclusively for women with minimum initial deposit of Tk.20,000, free insurance coverage, attractive profit rates (5% on daily balance above Tk.20,000), and 25% discount on locker charges.
• Auto Loan Loan for purchasing unregistered vehicles for personal use, covering up to 50% of vehicle price with maximum Tk.40 lac, tenor up to 60 months, with processing fees of 0.50% (capped at Tk.15,000) up to Tk.50 lac and 0.30% (capped at Tk.20,000) above.
• Home Loan Loan product for home purchase or construction extended to retail customers under the bank's retail lending portfolio.
• Personal Loan Personal loan product extended to retail customers for personal financing needs.
• Locker Services Safe deposit locker services enabling customers to securely store valuables at bank branches, with discounted charges available for women account holders.
• School Banking Banking services for students under 18 years of age from approved educational institutions, with low initial deposit (Tk.100) and no account maintenance charges, supporting youth financial inclusion.
• NRB Banking Banking services designed for Non-Resident Bangladeshis including NRO/NRE accounts, inward remittance services, exchange company services, and the AB জন্মভূমি (AB Jonmobhumi) special deposit scheme for diaspora customers.
• Inward Remittance Service for receiving international money transfers from abroad, supporting NRB remittance flows into Bangladesh through the bank's correspondent banking network.
• Corporate Finance Financial services for corporate clients including working capital finance, term loans, overdraft, cash credit, and consortium finance arrangements.
• Structured Finance Structured financing solutions for corporate clients with complex financial requirements, including letter of credit issuance, confirmation, bill discounting, and pre/post-export finance.
• AB Smart Card (Agricultural Smart Card) Specialized debit card used to disburse agricultural loans under the Bangladesh Bank refinancing scheme, providing small and marginal farmers collateral-free loans up to Tk.200,000 for crop cultivation on up to 5 acres at a 4% simple interest rate, distributed through all branches, sub-branches, and agent outlets.
• Government Securities Services for purchasing and managing government-issued securities offered to customers as an investment product.
• Exchange Companies (Foreign Exchange) Foreign currency exchange services offered to customers, including daily TT buy/sell rates for major currencies (USD, GBP, EUR) and correspondent exchange company services for NRB remittances.
• Offshore Banking Unit (OBU) Offshore banking unit providing specialized banking services for foreign currency operations and trade finance.
• Mumbai Branch Operations Full-service banking operations in Mumbai, India providing correspondent banking, trade finance (import/export), corporate banking, retail banking, SME/MSME banking, and general banking services for Indo-Bangla trade, with real-time online link to Dhaka head office.

Named customers1 record

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and moderate.

• Agent Banking Agents (264+ outlets)coreChannel Partner/ Reseller/ Distributor · 17 January 2018AB Bank engages third-party agents (sole proprietors, partnerships, companies, MFIs, NGOs, co-operative societies, government offices, courier companies, mobile network operators, local government institutions, Union Digital Centres) to provide banking services outside regular branches through agent banking outlets. Agent Banking introduced by Bangladesh Bank in 2013.
• J.P. Morgan Chase BankcoreTechnology or IntegrationCorrespondent banking relationship maintained at the Mumbai branch for facilitating trade-related services including payment settlements and reimbursement of payments between banks.
• HSBC (Hongkong and Shanghai Banking Corporation)coreTechnology or IntegrationCorrespondent banking relationship maintained at the Mumbai branch to facilitate trade-related services and international banking operations.
• Commerz Bank AGmoderateTechnology or IntegrationCorrespondent banking relationship maintained at the Mumbai branch for trade-related services and international banking.
• HDFC Bank (as sub-member)coreTechnology or IntegrationMumbai branch operates as a sub-member of HDFC Bank for all clearing and collection related services in India.
• Asian Clearing Union (ACU)coreTechnology or IntegrationMumbai branch maintains VOSTRO accounts under ACU mechanism with a number of banks and handles trade finance related business for Indo-Bangla payments.
• Bangladesh Bank (Central Bank of Bangladesh)coreStrategic or Co-development PartnerBangladesh Bank regulates AB Bank and has issued guidelines for Financial Literacy Programs (FLGs) under FID Circular 01 dated March 27, 2022. AB Bank has formed a Financial Literacy Wing (FLW) to carry out financial literacy programs nationwide. AB Bank also participates in Bangladesh Bank's agricultural refinance scheme providing loans at 4% simple interest rate.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• BRAC Bank PLC: One of Bangladesh's largest private commercial banks offering retail, corporate, SME, and Islamic banking; directly comparable to AB Bank across multiple segments and operating in the same Bangladesh market.
• Dutch-Bangla Bank PLC: Major Bangladeshi private commercial bank with a comparable branch network and agent banking footprint; competes head-to-head with AB Bank in retail, SME, and digital banking.
• Eastern Bank PLC (EBL): Mid-large Bangladeshi private commercial bank offering retail, corporate, SME, and Islamic banking services with similar scale and customer segments as AB Bank.
• Islami Bank Bangladesh PLC: Bangladesh's largest Islamic bank offering Shariah-compliant Al-Wadeeah, Al-Mudarabah equivalents; competes directly with AB Bank's Islamic banking vertical in the same market.
• Dhaka Bank PLC: Mid-sized Bangladeshi private commercial bank offering retail, corporate, and SME banking; similar in scale and product offering to AB Bank.
• Mutual Trust Bank PLC: Bangladeshi private commercial bank with comparable retail, corporate, SME, and Islamic banking products targeting similar segments and operating geographies.
• City Bank PLC: Established Bangladeshi private commercial bank with similar multi-segment offering (retail, corporate, SME, Islamic) competing in the same market.
• Premier Bank Limited: Mid-sized Bangladeshi private commercial bank with parallel retail, corporate, and Islamic banking product set, comparable in size to AB Bank.

Broad incumbents

• Standard Chartered Bank Bangladesh: Global bank's Bangladesh franchise offering broader corporate, trade finance, and retail banking; competes with AB Bank in corporate and trade finance as a larger incumbent with global capabilities.
• HSBC Bangladesh: Global bank's Bangladesh presence with strong correspondent banking and corporate banking; an incumbent competitor in trade finance and corporate banking segments where AB Bank also operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ABBankLimited
• YouTubeyoutube.com/@abbankplc
• Facebookfacebook.com/abbplc
• LinkedInlinkedin.com/company/abbplc
• Instagraminstagram.com/abbplc

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AB Bank Limited