Bangladesh Association of Banks

Bangladesh Association of Banks 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 Association of Banks
Formation1993
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali
WebsiteBangladesh Association of Banks

History

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.[4] In 2020, Bangladesh Association of Banks proposed to set up Mujib corners in the headquarters of all private banks of Bangladesh.[5]

References
  1. "Directed Interest Rate Reduction: Will it be counterproductive?". The Daily Star. 4 July 2018. Retrieved 29 March 2020.
  2. "Bangladesh Association of Banks (BAB) Chairman Nazrul Islam Mazumder". The Daily Observer. Retrieved 29 March 2020.
  3. "Nazrul re-elected BAB chairman". Daily Sun. Retrieved 29 March 2020.
  4. "Directed Interest Rate Reduction: Will it be counterproductive?". The Daily Star. 4 July 2018. Retrieved 29 March 2020.
  5. "Central bank to release Tk 200 bank note". bangladeshpost.net. Retrieved 29 March 2020.
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