Performance Highlights::2016-2017View Details
Bangladesh Association of Banks (BAB) is an advisory service organisation for the private commercial banks. It has now emerged as an effective forum for exchanging views on problems being faced by the banking sector of Bangladesh and for formulating common policy guidelines in addressing such problems.
Established under Companies Act, 1913, BAB started its activities in 1993 with 9 (nine) commercial banks which increased to 36 (thirty-six) at the end of the year 2014 & it stands 38 (thirty eight) at the end of December, 2015.
The Management of BAB is vested in its Executive Committee. The Chairman and the Vice Chairmen of the Association are elected by the Members of the Executive Committee. The Executive Committee consists of nominees of the member banks, each bank nominating one member. The term of such Executive Committee is for two years.
The Bangladesh Association of Banks (BAB) aims to guide member banks in adopting innovative banking practices that align with global standards, fostering competitiveness. In the current millennium, BAB's challenge is to drive new ideas, enhance transparency, and promote coordinated growth in the banking sector. It collaborates closely with Bangladesh Bank and seeks to introduce modern corporate culture and automated banking solutions. BAB was formed to collectively address sector challenges through its Executive Committee, engaging with key stakeholders and international bodies for practical solutions. Ultimately, BAB ensures stable growth of member banks and increased shareholder value.
Bangladesh Association of Banks (BAB) is an advisory service organisation for the private sector commercial Banks. It has now emerged as an effective form for exchanging views on problems being faced by the banking sector of Bangladesh and for formulating common policy guidelines in addressing such problems. Above all, BAB will become most caring, focused for equitable growth of the Banking sector by providing advisory service with policy guideline to address any sort of problem and help the Banks to be gainfully profitable for contributing to the economy of the Country.
Assalamualaikum Warahmatullahi Wabarakatuh
Since its establishment in 1993, the Bangladesh Association of Banks (BAB) has played a crucial role in advancing the private sector banking industry in Bangladesh. It offers a platform for collaboration among private banks, drives improved performance, and emphasizes Corporate Social Responsibility (CSR) activities. BAB's growth, expanding from 9 to 38 member banks by 2018, highlights its significance. Through initiatives like its Research and Training Centre, BAB enhances knowledge-sharing and efficiency. Under BAB's leadership, private banks have positively impacted the economy. The association's dedication to development and readiness for future challenges positions it for ongoing success.
Bangladesh Association of Banks (BAB)
Bangladesh Association of Banks (BAB) is an advisory service organization for the private sector commercial Banks established in the year 1993. From the very inception BAB had an intention to develop human resources in order to bring efficiency and professionalism in Banking. With this end in view, Bangladesh Association of Banks (BAB) formed a Sub – Committee on Training headed by it’s the then Vice Chairman, Mr. Muhammad A (Rumee) Ali, former Deputy Governor, Bangladesh Bank and Chairman of BRAC Bank Ltd. and Mr. A. K. M. Nurul Fazal Bulbul, Chairman, Board Audit Committee of EXIM Bank is the Member-Secretary of RTC, BAB to look after Training programs and Research works. Subsequently Bangladesh Association of Banks (BAB) Research and Training Centre formally started its journey in the year 2007. The main focus of the Bangladesh Association of Banks (BAB) Research and Training Centre is to impart training and arrange seminars / workshops in order to provide support to the employees of the member’s banks towards enhancement of productivity, leadership quality through exchange of information and sharing of knowledge as well as to develop professionalism in Banking.