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South Bangla Agriculture and Commerce Bank

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This is an old revision of this page, as edited by RUBEL SHAIKH (talk | contribs) at 11:49, 30 May 2020 (Includes Logo). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

South Bangla Agriculture and Commerce Bank Limited
Company typePublic Limited Company
IndustryBanking
Founded2013 (2013)
HeadquartersDhaka, Bangladesh
Area served
74 branches in Bangladesh(2019)
Key people
ServicesBanking, financial services
Websitehttp://sbacbank.com

South Bangla Agriculture and Commerce Bank Limited (SBAC) is a private commercial bank headquartered in Dhaka, Bangladesh.[1] It incorporated in 2013 as a banking company under Companies Act.1994 & regulated under Banking Companies Act.1991.[2] The bank has network of 72 branches around the country.[3]

History

South Bangla Agriculture and Commerce Bank Limited started its operation since April 28, 2013 obtaining license from Bangladesh Bank with the firm commitment of excellent customer service.[4]

Management

SBAC has a board of 18 members headed by S. M. Amzad Hossain[5][6]as chairman. Talukder Abdul Khaleque[7] acts as vice-chairman of the board of directors. Md. Golam Faruque has been working as managing director and CEO of the banks since 2017.[8]

Corporate information

The bank has authorized capital of BDT 1000 Crore, while its paid-up capital is BDT 498 Crore up to June 2018.[1]

References

  1. ^ a b "SBAC Bank – Knowing SBAC Bank". sbacbank.com. Retrieved 2019-04-07.
  2. ^ "South Bangla Agriculture and Commerce Bank Limited | Bangladesh Institute of Bank Management". bibm.org.bd. Retrieved 2019-04-07.
  3. ^ "72nd branch of SBAC Bank opened in Cumilla". Daily Sun. Retrieved 2019-04-07.
  4. ^ "5 new banks licensed". bdnews24.com. Retrieved 2019-04-07.
  5. ^ "Chairman of the board of directors of SBAC Bank SM Amzad Hossain". today.thefinancialexpress.com.bd. Retrieved 2019-04-07.
  6. ^ "SBAC Bank reelects chairman". The Daily Star. 2019-02-11. Retrieved 2019-04-08.
  7. ^ "SBAC Bank – Board of Directors". sbacbank.com. Retrieved 2019-04-07.
  8. ^ "Golam Faruque new MD of SBAC Bank". Daily Sun. Retrieved 2019-04-07.
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