AB Bank Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares AB Bank Ltd with three other
companies in this sector in BANGLADESH :
Social Islami Bank Ltd
sales of 30.86 billion Bangladeshi Taka [US$364.78 million]
Bank Asia Limited
(30.81 billion Bangladeshi Taka [US$364.23 million]
of which 66%
was Conventional Banking), and
Mercantile Bank Limited
(31.51 billion Bangladeshi Taka [US$372.43 million]
AB Bank Ltd reported sales of 31.92 billion Bangladeshi Taka (US$377.32 million)
December of 2019.
increase of 19.4%
versus 2018, when the company's sales were 26.73 billion Bangladeshi Taka.
Sales of Ab Bank Ltd saw an increase
that was more than double the company's growth rate: sales were up
48.4% in 2019, from
8.65 billion Bangladeshi Taka to 12.83 billion Bangladeshi Taka.
Not all segments of AB Bank Ltd experienced an increase in sales in 2019:
sales of Subsidiaries fell 66.4% to 170.00 million Bangladeshi Taka.
(However, this segment's sales were only a very small portion of the company's overall sales).