bank-asia-limited

Bank Asia Limited

Bank Asia Limited in Bangladesh

Head Office

Bank Asia Limited.
36, Dilkusha(6-9 Floor) C/A Dhaka-1000, Bangladesh.
Tele PABX : +880-2-7123255-7, 9568007, 9569353
Fax : + 880-2-9569351

Known As           : AIBL

SWIFT Code         : ALARBDDH

Stock Code          :

Category:             : Commercial

Type:                     : Private

Origin:                  : Local

About Bank Asia

Bank Asia has been launched by a group of successful entrepreneurs with recognized standing in the society. The management of the Bank consists of a team led by senior bankers with decades of experience in national and international markets. The senior management team is ably supported by a group of professionals many of whom have exposure in the international market.
It set milestone by acquiring the business operations of the Bank of Nova Scotia in Dhaka, first in the banking history of Bangladesh. It again repeated the performance by acquiring the Bangladesh operations of Muslim Commercial Bank Ltd. (MCB), a Pakistani bank.
In the year 2003 the Bank again came to the limelight with oversubscription of the Initial Public Offering of the shares of the Bank, which was a record (55 times) in our capital market’s history and its shares commands respectable premium.
The asset and liability growth has been remarkable. Bank Asia has been actively participating in the local money market as well as foreign currency market without exposing the Bank to vulnerable positions. The Bank’s investment in Treasury Bills and other securities went up noticeably opening up opportunities for enhancing income in the context of a regime of gradual interest rate decline.
Bank Asia Limited started its service with a vision to serve people with modern and innovative banking products and services at affordable charge. Being parallel to the cutting edge technology the Bank is offering online banking with added delivery channels like ATM, Tele-banking, SMS and Net Banking. And as part of the bank’s commitment to provide all modern and value added banking service in keeping with the very best standard in a globalize world.

Vision, Mission & Core Values

Bank Asia is a third generation public limited commercial bank. It received the Certificate of Incorporation on September 28, 1999 and came to operation on November 27, 1999. Now after 12 faithful years of dedicated and reliable services, Bank Asia has created an envious position for itself among the leading banks of the country with an Asset base of TK. 117 billion, Deposit of TK 95 Billion and 70+ outlets all over the country. But most importantly, the Bank has an unsurpassed legacy attached with its image.

Vision

Bank Asia’s vision is to have a poverty free Bangladesh in course of a generation in the new millennium, reflecting the national dream. Our vision is to build a society where human dignity and human rights receive the highest consideration along with reduction of poverty.

MISSION

  • To assist in bringing high quality service to our customers and to participate in the growth and expansion of our national economy
  • To set high standards of integrity and bring total satisfaction to our clients, shareholders and employees
  • To become the most sought after bank in the country, rendering technology driven innovative services by our dedicated team of professionals

CORE VALUES

·         Place customer interest and satisfaction as first priority and provide customized banking products and services

  • Value addition to the stakeholders through attaining excellence in banking operations
  • Maintain high ethical standard and transparency in dealings
  • Be a compliant institution through adhering to all regulatory requirements
  • Contribute significantly for the betterment of the society
  • Ensure higher degree of motivation and dignified working environment for our human capital and respect optimal work-life balance
  • Committed to protect the environment and go green

SALIENT FEATURES OF BANK ASIA

  • Only Bangladeshi Bank to acquire (Purchase) operations of 02 (two) foreign banks namely:
    • Bank of Nova Scotia of Canada
    • Muslim Commercial Bank of Pakistan
    • Majority stakeholder of ERA INFOTECH (A joint Venture IT Company)
    • Centralized Trade Services Operation (Facilitates Export/ Import and Inward and Outward Remittance foreign-AD Branches)
    • Central Clearing Fully Automated
    • Online Charges – Free
    • Credit Rating (valid up to June 2012)
      • Long Term: AA2
      • Short Term: ST1
      • No. of Shareholders (up to December 2011): 16,602

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