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		Arab Bangladesh Bank
				Arab Bangladesh Bank (AB Bank) is known as one of leading bank of Bangladesh since its commencement 28 years ago. It continues to remain updated with the latest products and services, considering consumer and client perspectives. AB Bank has thus been able to keep their consumer’s and client’s trust while upholding their reliability, across time.
		AB Bank commits to nation to take a lead in the Banking sector through not only its strong financial position, but also through innovation of products and services. It also ensures creating higher value for its respected customers and shareholders. The bank has focused to bring services at the doorstep of its customers, and to bring millions into banking channels those who are outside the mainstream banking arena. Currently AB Bank only operates a branch in Mumbai.
		Arab Bangladesh Bank India Head Office Liberty Building 41-42, Sir Vithaldas Thackerse Marg, New Marine Lines Mumbai 400 020 Tel:  +91 22 2200 5392 / 2200 5393 Fax: +91 22 220 05391 Email: mumbai@abbank.com.bd Website: abbank.com.bd Banking Hours‎: Mon - Fri : 9.30am - 5.00pm‎ Swift Code : ABBLINBB
Foreign banks like Arab Bangladesh Bank have brought latest technology and latest banking practices in India. They have helped made Indian Banking system more competitive and efficient. Government has come up with a road map for expansion of foreign banks in India. The road map has two phases. During the first phase between March 2005 and March 2009, foreign banks may establish a presence by way of setting up a wholly owned subsidiary (WOS) or conversion of existing branches into a WOS. The second phase commenced on April 2009 after a review of the experience gained after due consultation with all the stake holders in the banking sector. The review has examined issues concerning extension of national treatment to WOS, dilution of stake and permitting mergers/acquisitions of any private sector banks in India by a foreign bank.
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