AB Bank (formerly Arab Bangladesh Bank) is a leading[1] private sector bank in Bangladesh. AB Bank Limited was incorporated on 31 December 1981 and its the first commercial private bank in Bangladesh.[2]
History
AB Bank was established on 31 December 1981.[3][4] 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.[5] A former deputy managing director was charged with embezzling 3.25 billion taka from the bank.[6]