In the year 1999, Bank Asia Ltd was launched by a group of successful entrepreneurs with recognized standings 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 a m
assive milestone by acquiring the business operations of the Bank of Nova Scotia in Dhaka, first of its kind in the banking history of Bangladesh. It again repeated the performance by acquiring the Bangladesh operations of Muslim Commercial Bank Ltd (MCB), a renowned Pakistani bank. In the year 2003, the Bank again came to the limelight with over-subscription of the Initial Public Offering of the shares of the Bank, which was a record (55 times) in the history of capital market of Bangladesh. The asset and liability growth has been remarkable over the years. 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 an affordable charge. The bank's commitment is to provide a modern and value added banking services to all segment of the society by maintaining the very best standard in a globalized world, with the help of technological advancements. Bank Asia Limited has been a major facilitator of Financial Inclusion in Bangladesh by providing banking services to the most remotest corners of the country through pioneering “Agent Banking” services in Bangladesh during 2014. Since then, it’s been a remarkable story of financial inclusion with more than 3500+ outlets and 3 million+ customers across the rural areas of Bangladesh. With a vision to build a poverty free Bangladesh, in future, Bank Asia wishes to open bank account for every able person of the country despite of their socio-economic class by expanding the Agent Banking Network to a financial kiosk in every village of the country. We are also aiming towards launching the first ever Digital Bank in Bangladesh for the future generation by transforming traditional banking with the help of modern technology. Join with us in this journey of eradicating poverty and establishing prosperity, for a better tomorrow.
