July 02, 2008
Niaz Habib hands away the Seraj Memorial Cricket Tournament 2008

Mr. Niaz Habib, Deputy Managing Director of AB bank Limited, hands away the Seraj Memorial Cricket Tournament 2008 trophy to the captain of the winning team AKM Shamsuzzoha Eleven at Osmani Stadium in Narayangany on June 26.

July 01, 2008
Niaz Habib elected VP of IBA Alumni Association

Mr. Niaz Habib, Deputy Managing Director of AB Bank Limited, has recently been elected Vice President of the IBA Alumni Association.

Nazmul Hassan, chief executive officer of Beximco Pharmaceuticals Ltd (BPL) and secretary general of Bangladesh Association of Pharmaceutical Industries (BAPI), and M Rafiqul Islam, CEO of Management Consulting Group, have been elected president and general secretary of the Association respectively, says a press release.

Other office-bearers of the Executive Committee are Vice President Johra Bebe, Joint Secretary Md Kamrul Ahsan, Treasurer Shariful Moslemin Khan, Organising Secretary M Salahuddin Chowdhury, Seminar Secretary Asif Touhid, Publication Secretary James Jakob Ribero, Cultural and Sports Secretary Afzalul Hasan Khan and Members Syed Monzurul Huq, Neaz Ahmed, Nurul Haq Majumder, M Shakil Wahed, Shoeb Ahmed Masud, Syed Masud Hossain, Masudul Haque Bhuiyan, Sk Shabab Ahmed, Quazi Mahmud Ahmed, Gazi Munir Uddin, Mohammad Emran and Rahat Khan.

June 01, 2008
AB launches new products campaign

AB Banks has launched a basket of ten new distinctive SME and Liability products. This was disclosed at a press conference by President and Managing Director of the Bank Kaiser A. Chowdhury.

Of the ten new products, 7 have been Small and Medium Enterprise (SME) sector and the rest are liability products.

AB bank has continuously given special attention to the SME sector and is expressed committed to further cause this burgeoning sector. The Bank’s pledge to support the SME sector has been well-expressed with its bowl of new SME products. The products are Shathi Reen, Prasar Reen, Uddog Reen, Aparajita Reen, Gati Reen, Digun Reen, and Chhoto Puji Reen. The products have been specifically designed and bear hassle free, easy-to-get, and flexible repayment characteristics.

Considering the need of the customers, AB Bank has also launched deposit products to help the depositors’ money grow. It is felt that these three products will gain popularity among the customers.

Apart from the senior executives of the Bank, Deputy Managing Directors of the Bank Niaz Habib, Shamim A. Chowdhury and Faruq M. Ahmed were also present at the press conference held at the AB Bank’s Corporate Head Office in Dilkusha.

May 13, 2008
AB signed a facility agreement of Tk.955 million with Energypac

The President and Managing Director of the bank Kaiser A. Chowdhury (in black suit) and Energypac Managing Director Enamul Haque Chowdhury exchange documents after signing a facility agreement of Tk. 955m on Tuesday, May 13 at the Corporate office of the bank in Dhaka. During the signing ceremony, among others, Energypac Director and CEO Engr. Rabiul Alam, Corporate Director and CEO Humayun Rashid and Deputy Managing Directors of the bank Niaz Habib, Shamim A. Choudhury and Faruq M. Ahmed were present.

May 11, 2008
Service Excellence Program

AB Bank, in association with Amplitude Solutions Ltd., launched a two day training program on “Service Excellence in Banking” on May 11, 2008 at it’s Training Academy, Head Office, Dhaka. Presently, Operation Managers of 25 Branches of the Dhaka Region are participating in the program. However, through conducting of similar workshops periodically in the future, the Bank’s entire front office team’s participation will be ensured. The Bank is committed to consistently provide ‘quality service’ to it’s customers and the two day “Service Excellence” program has been accordingly designed.

Mr. Shamim A Chaudhury, Deputy Managing Director (Operations) inaugurated the training program. Amongst others, the inaugural session was attended by the Bank’s Management Committee Members and facilitators from Amplitude Solutions Ltd.

April 28, 2008
AB to operate securities for Trust Bank

Trust Bank Limited has enlisted AB Bank Foundation as one of its brokerage houses to operate securities in the Dhaka Stock Exchange and Chittagong Stock exchanges.

An agreement in this regard was signed between AB Bank Ltd. and Trust Bank Ltd. for Launching Operations of Securities through Dhaka and Chittagong Stock exchanges.

Kaiser A. Chowdhury, President and Managing Director, AB Bank Limited. and Iqbal U. Ahmed, Managing Director, Trust Bank Limited signed the agreement on behalf of their respective company at a simple ceremony held at a city hotel on Monday.

April 24, 2008
Agreement signing between AB and Bangladesh Table Tennis Federation

AB Bank Limited signs an agreement with Bangladesh Table Tennis Federation for arranging Age Group National Table Tennis Training Camps to improve the technique & skill of Table Tennis players of the country and for scouting new talents. The sponsor partner AB Bank Limited will provide clothing and other sports gears for the event. BTTF will also arrange display of AB Bank's Logo on the Clothing of National Table Tennis Team and top 4 teams of each of the National Ranking Teams for Men, Women, Boys and Girls of Bangladesh.

At the signing ceremony on 27th April’08, Mr. Kaiser A Chowdhury, President & Managing Director of AB Bank Limited signed the agreement with Mr. Md. Abu Solaiman Chowdhury, President of Bangladesh Table Tennis Federation, in the presence of other officials of both the organizations. A press conference was organized at a city hotel to brief about the preparation for the upcoming event.

April 24, 2008
AB sponsor of women cricket team for Asia Cup

Bangladesh Women's National Cricket team for Asian Cup gets AB Bank sponsorship. The first Women's Asia Cup beginning Colombo on first of May also involves India, Sri Lanka and Pakistan.

Under the sponsorship the women tigers will wear jersey featuring AB Bank corporate logo. The bank will provide the team with cricketing gears. The sponsorship amount is Tk six hundred thousand.

At a press conference on Thursday the President and Managing Director of AB Bank said that it was a matter great pride that women are taking up cricket seriously. We are very to support the cause of women sport in Bangladesh.

The press conference was also attended by Niaz Habib, Deputy Managing Director, AB Bank Ltd., Mrs Monoar Anis Khan, Chairman, Women Wing, Bangladesh Cricket Board, Salma Kutun, Captain, Bangladesh Women National Crickets Team.

March 27, 2008
Shamim Ahmed Chaudhury joins as DMD

AB Bank Limited has recently appointed Mr. Shamim Ahmed Chaudhury as Deputy Managing Director. Prior to his present position, Mr. Chaudhury was working in ONE Bank Limited as Deputy Managing Director and Head of Operations. Mr. Chaudhury started his banking career as a Management Trainee with American Express Bank Limited in 1980.During his career spanning nearly three decades, Mr. Chaudhury has served in various capacities at home and abroad with national and multinational financial institutions.

A widely traveled person Mr. Chaudhury loves playing Golf and Squash.

March 23, 2008
AB Bank wins Century ERA, Award in Geneva

AB Bank has been awarded this year's prestigious Century ERA Award at the 10th BID Quality Convention in Geneva. Companies of 43 countries from America, Europe, Asia and Africa attended the Convention.

President and Managing Director of AB Bank Kaiser A. Chowdhury received the award from the Executive President of Business Initiative Directions (BID) Jose E. Prieto on March 10, 2008 at the Intercontinental Geneva Convention Hall.

AB Bank received the award in the Gold Category in recognition of its 'commitment to quality, leadership, technology and innovation.' Among the outstanding companies including AB Bank at this year's convention were: Emak (Egypt), Golden Meditech Company (China), Jordan Securities Commission (Jordan), Kreka (Greece), SVG Exports (India), Jack Sound Systems (Thailand), International joint Stock Aviation Company 'Urga' (Ukraine), The Prosperity Trading & Contracting Est. (Bahrain), Alpine Bau-Zagreb (Croatia), Gabriel Kafati SA (Honduras), Matena Associates (Tanzania), Romaqua Group corporation (Romania), Dar Al Arkan Real Estate Development Co. Ltd. (Saudi Arabia), and Ecobank Senegal.

Jose E. Prieto said at the award presentation ceremony, 'the awarded companies are symbols of commitment to leadership, technology and innovation which make them models for other companies of their sectors.'

March 10, 2008
Shareholders' Information: Price Sensitive Information

Board of Directors of AB Bank Limited (ABBL) in it’s 411th meeting held on March 10, 2008 (Monday) at 4:15 p.m. resolved on the following with regard to the:

26th Annual General Meeting (AGM) of the Bank for the year ended 31st December, 2007
Date and Time of AGM	6th July, 2008 (Sunday) at 11:30 a.m.
Venue of AGM	Bangladesh-China Friendship Conference Centre, Sher-e-Bangla Nagar, Dhaka
Dividend recommended	@ 200(two hundred)% Stock Dividend (Bonus Shares)
Record Date	01st June, 2008 (Sunday) Shareholders' names appearing in the Share Register of the Company or in the Depository on the 'Record Date' will be eligible to attend the meeting and will qualify for the Dividend.

Extra-Ordinary General Meeting (EGM) of the Bank
Date and Time of EGM	6th July, 2008 (Sunday) at 11:00 a.m.
Venue of AGM	Bangladesh-China Friendship Conference Centre, Sher-e-Bangla Nagar, Dhaka
Record Date	01st June, 2008 (Sunday)

March 09, 2008
Shareholders' Information: Authorized Capital

Further to our Notice published on March 05, 2008, this is for information of all concerned that we have obtained "No Objection" from the Bangladesh Bank on 09th March, 2008 to amend the Clause VI of the Memorandum and Article 4(a) of the Articles of Association of the Bank, respectively.

Bangladesh Bank also gave approval to raise the Authorized Capital of the Bank to Tk.300,00,00,000/-(Taka three hundred crore) instead of our earlier proposal of Tk.400,00,00,000/-(Taka four hundred crore).

March 05, 2008
Shareholder's Information: Emergency Board Meeting

Board of Directors of AB Bank Limited (ABBL) in an Emergency Board Meeting held on March 05, 2008 at 3:00 p.m. resolved that the Authorised Capital of the Company be increased to Tk.400,00,00,000/- (Taka Four hundred crore) divided into 4,00,00,000 (four crore) ordinary shares of Tk.100/- each from the existing Tk.200,00,00,000/-(Taka Two hundred crore).

Board also approved necessary amendments to relevant clauses / articles of the Memorandum and Articles of Association of the Bank.

Above is subject to the clearance from Bangladesh Bank.

January 10, 2008
Niaz Habib joins, AB Bank as DMD

Mr. Niaz Habib has joined AB Bank as its Deputy Managing Director. Prior to his new assignment, he was serving United Commercial Bank as its DMD. Mr. Habib’s banking career spans nearly three decades. He served the first 21 years of his career in American Express Bank in various capacities at home and abroad.

He is a member of the Bangladesh Bank Coordination Committee for Basel II Compliance, and has also served as a member of Core Risk Management accredited by Bangladesh Bank. He has lectured widely on banking operations and credit training programmes organized by leading banks and financial institutions including Standard Chartered, Citi Bank NA and various NCBs.

A widely traveled person, Mr. Niaz Habib loves playing billiard and watching cricket matches.

January 3, 2008
Faruq Mainuddin, New DMD of AB Bank

Faruq Mainuddin has been promoted as the Deputy Managing Director of AB Bank. Prior to this position he has been working as the Head of Credit Risk Management division of the Bank. Upon completion of his studies in Economics from Dhaka University, he joined the bank in 1984 as Probationary Officer. He was posted at the Bank’s India operation in Mumbai in 1999 and served as the Country Manager till 2004. He was awarded with Bangladesh Bank Gold Medal and BCCI Bank (now defunct) Gold Medal for securing first position in the Banking diploma examination. He is the author of ten numbers of books on literature, travel, economy and banking.

December 31, 2007
AB Bank launches new logo

Kaiser A. Chowdhury, Managing Director and President of the bank unveiled its new logo

AB Bank, the first private commercial bank in the country, has launched its new logo with a renewed pledge to provide its clients better service.

"The new logo in scarlet red is a major shift from the old olive green colour. Red symbolises rebirth and rejuvenation," said Kaiser A Chowdhury Managing Director and President of the bank while announcing the new road map for the bank at the unveiling ceremony of the logo at the Bangladesh-China Friendship Center in the city on Monday.

Highlighting the vision of the bank that turned 25 this year Kaiser said, 'Time has now arrived for AB to look forward and to greet the decades in-waiting with a new look with a fresh appearance donning a new attire.'

Explaining the meaning of the new logo, he said, "The coat of arms of the new logo is inspired by traditional 'shital paati' or 'sleeping mat'. The knit and the pattern of interlace in the new logo that echoes the intricate weave of shital paati symbolises bonding."

This bonding reflects the new sprit of AB Bank, he added.

Founded on 12th April, 1982, AB Bank is celebrating its silver jubilee with 70 branches spread all over the country. AB Bank earlier this year assumed a new name AB Bank instead of Arab Bangladesh Bank.

November 27, 2007
JV Agreement - AB, Euronet and Networld

EFT agreement

AB Bank Ltd, Networld Bangladesh Ltd and Euronet Worldwide Inc., a NASDAQ listed company’s  subsidiary – EFT Services Holding BV have signed a joint venture agreement for setting up a company to provide an electronic fund transfer and payment system network in Bangladesh. The joint venture company will be known as CASHLINK BANGLADESH LTD and is expected to commence operations in early 2008.

This joint venture is expected to provide significant benefit to banking customers across the country through the creation of a state-of-the-art network of 500 ATMs and 10,000 POS devices in the country in the coming years.

Euronet Worldwide is an industry leader in processing secure electronic financial transactions. Euronet serves clients in approximately 130 countries. Networld Bangladesh Ltd is a company engaged in the business of information communication technology products.