Different Associations of the Banking Industry in Bangladesh

ABB: Association of Bankers, Bangladesh Limited (ABB). Ali Reza Iftekhar, managing director and CEO of Eastern Bank Limited (EBL), has been elected as the chairman of Association of Bankers, Bangladesh Limited (ABB) for the next two-year term (2020-21) at its 22nd annual general meeting held recently. The apex body of banking professionals of the country 

BAB: Bangladesh Association of Banks (BAB) is an advisory service organization 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.

BIBA: Bangladesh Islamic bankers Association (BIBA) made significant contributions to the introduction of Islamic banking in the country. They came forward to provide training on Islamic banking to top bankers and economists to fill up the vacuum of leadership for the future Islamic banks in Bangladesh. They also held seminars, symposia, and workshops on Islamic economics and banking throughout the country to mobilize public opinion in favor of Islamic banking.

BMBA: BMBA is an association of the Merchant Bankers operating in Bangladesh. It started its journey sometime in 1997 with the formation of an executive committee with Prof. Dr. Mohammad Musa as the first convener of the association. 

BWAB: Bankers' Welfare Association Bangladesh (BWAB) was formed on 18th October, 2014. It was approved by Ministry of Commerce under License No. 25/2016 dated 25/10/2016, got Registration No. TO-936/2016 dated 15/11/2016 from the Registrar of Joint Stock Company Ltd. (RJSC), Dhaka. This is the only legal, registered and big forum of the banking and financial institution community. BWAB is the only platform to raise a combined voice of unity for the welfare of its members from the banks and financial institutions and their family members throughout the country.

Presented By: Banking Info BD-BIB