Bangladesh Association of Banks

Last updated
Bangladesh Association of Banks
Formation1993
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] Abdul Hai Sarker, Founder Chairman of Dhaka Bank Ltd, is the Chairman of the Bangladesh Association of Banks. [2] [3]

Contents

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

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]

Past presidents

Commodore M. A. Rahman (Retd.)Chairman, Islami Bank Bangladesh Ltd12-DEC-199318-APR-1994
Mr. M. Morshed Khan Chairman, Arab Bangladesh Bank Ltd18-APR-199417-JUN-1997
Mr. Abdul Awal Minto Chairman, National Bank Ltd17-JUN-199708-FEB-1999
Mr. Zafar Ahmed ChowdhuryChairman, United Commercial Bank Ltd08-FEB-199923-JAN-2001
Mr. Kazi Akramuddin AhmedChairman, Standard Bank Ltd23-JAN-200103-JUL-2002
Mr. Syed Manzur Elahi Founder Chairman, Mutual Trust Bank Ltd03-JUL-200220-JAN-2007
Mr. M. Syeduzzaman Chairman, Bank Asia Ltd20-JAN-200721-JAN-2008
Mr. Md. Nazrul Islam Mazumder Chairman, EXIM Bank Ltd21-JAN-200804-AUG-2024
Mr. Abdul Hai Sarker Founder Chairman, Dhaka Bank PLC09-SEP-2024-

References

  1. 1 2 "Directed Interest Rate Reduction: Will it be counterproductive?". The Daily Star (Opinion). 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. ↑ অনলাইন, চ্যানেল আই (2024-09-09). "ব্যাংক মালিকদের সংগঠন বিএবি'র নেতৃত্বে বড় পরিবর্তন". চ্যানেল আই অনলাইন. Retrieved 2024-09-09.
  5. ↑ "Central bank to release Tk 200 bank note". bangladeshpost.net. Retrieved 29 March 2020.


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