Bangladesh Association of Banks
| Formation | 1993 |
|---|---|
| Headquarters | Dhaka, Bangladesh |
Region served | Bangladesh |
Official language | Bengali |
| Website | Bangladesh Association of Banks |
Bangladesh Association of Banks (BAB) is an industry trade body of private banks in Bangladesh that represents the interests of the banking industry.[1] Nazrul Islam Mazumder, chairperson of Exim Bank, is the Chairman of the Bangladesh Association of Banks.[2][3]
Bangladesh Bank removed Nazrul Islam Majumdar from the post of director and chairman of Exim Bank after the change of government on 05-AUG-2024. As a result, he lost the chairmanship of BAB
Association's meeting held on 09-SEP-2024 at 11:30am, Mr. Abdul Hai Sarker, chairman of the Dhaka Bank Limited has unanimously elected as Chairman of the BAB.[4]
History
[edit]Bangladesh Association of Banks was established in 1993 by nine private banks. The founding members were Al Baraka Bank Pakistan, AB Bank, The City Bank, IFIC Bank, National Bank Limited, United Commercial Bank Ltd, and Uttara Bank Limited. The first meeting was held on 12 December 1993 at the Hotel Sheraton (currently the InterContinental Dhaka). By 2018, membership had risen 38 private banks.[1] In 2020, Bangladesh Association of Banks proposed to set up Mujib corners in the headquarters of all private banks of Bangladesh.[5]
References
[edit]- ^ a b "Directed Interest Rate Reduction: Will it be counterproductive?". The Daily Star (Opinion). 4 July 2018. Retrieved 29 March 2020.
- ^ "Bangladesh Association of Banks (BAB) Chairman Nazrul Islam Mazumder". The Daily Observer. Retrieved 29 March 2020.
- ^ "Nazrul re-elected BAB chairman". Daily Sun. Retrieved 29 March 2020.
- ^ অনলাইন, চ্যানেল আই (2024-09-09). "ব্যাংক মালিকদের সংগঠন বিএবি'র নেতৃত্বে বড় পরিবর্তন". চ্যানেল আই অনলাইন. Retrieved 2024-09-09.
- ^ "Central bank to release Tk 200 bank note". bangladeshpost.net. Retrieved 29 March 2020.
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