Product Name and Details
Personal Loan
Target client
staff of reputed local corporate, MNCs, NGOs, airways, private Universities, schools and faculties, worldwide support businesses and UN bodies, executive workers, Self-employed professionals (doctors, Engineers, Chartered Accountants, Architects, Consultants), Businessmen.
Motive
Marriages in the household, buy of workplace equipment / add-ons, purchase of miscellaneous household home equipment, purchase of private computer systems, purchase of audio-video gear, buy of furniture.
Loan quantity minimal Tk. 25,000.00
Highest Tk. 5,00,000.00
Expenses software price: Tk. 500.00
Processing rate: 1% on the authorized loan quantity or Tk. 2000.00 whichever is larger
Tenor Min twelve months
Max 36 months
Price of interest 14.50% p.A. – 17.50% p.A.
Protection Hypothecation of the product to be bought. Two individual ensures (as per our list of eligible guarantors)
Auto Loan
Target Customer
workers of reputed neighborhood company, MNCs, NGOs, airways, personal Universities, faculties and colleges, worldwide help organizations and UN our bodies, government staff, Self-employed experts (doctors, Engineers, Chartered Accountants, Architects, Consultants), Businessmen
Cause
To purchase brand new automobile, non-registered reconditioned vehicle
Loan quantity 70% for the brand new car
60% for the reconditioned vehicle however ought to no longer exceed BDT 10,00,000.00
Charges utility price: Tk. 500.00
Processing price: 1% on the accepted mortgage amount or Tk. 5000.00 whichever is larger
Tenor For Reconditioned car: Max 36 months
For brand new auto: Max 60 months
Expense of curiosity 14.50% p.A. – 17.50% p.A.
Protection
Hypothecation of the auto to be purchased. Two private guarantees (as per our list of eligible guarantors)
Product Name Easy Loan (For Executives)
Target Customer
The mortgage is certainly designed for salaried humans who are employed in exceptional reputed firms
Reason
Marriages within the family, purchase of place of business apparatus / add-ons, purchase of miscellaneous family home equipment, purchase of personal computer systems, purchase of audio-video equipment, purchase of furniture, strengthen rental cost, trips overseas, Admission/schooling rate of youngsters and so on.
Mortgage amount minimal Tk. 50,000.00
Maximum Tk. Three,00,000.00
Expenditures software rate: Tk. 500.00
Processing rate: 1% on the accepted mortgage quantity or Tk. A thousand.00 whichever is better
Tenor Min one year
Max 36 months
Cost of interest 16.00%
Safety
Letter of confirmation from the corporation. One individual warranty (as per our record of eligible guarantors)
Product Name Gold Grace – Jewellery Loan
Target Customer
each female & male staff may just follow viz. Workers of reputed Banks & Leasing corporations, reputed nearby corporate, MNCs, NGOs, airways, private Universities, colleges and schools, global support companies and UN bodies. Govt employees. Self-employed specialists (doctors, Engineers, Chartered Accountants, Architects, Consultants). Businessmen with a trustworthy standard source of earnings.
Purpose
To purchase embellishes/jewelry for personal use
Mortgage quantity minimum Tk. 50,000.00
Maximum Tk. 3,00,000.00
Fees
Utility fee: Tk. 500.00
Processing price: 1% on the approved loan amount or Tk. A thousand.00 whichever is bigger
Tenor Min 365 days
Max 36 months
Rate of interest 16.00%
Security
Letter of affirmation from the business enterprise. Individual warranty from the mom and dad and partner (if married)
House/Office Furnishing/Renovation Loan
Target Customer
Expatriate Bangladeshi nationals who are in industry or provider holders. Staff of reputed Banks & Leasing corporations, reputed neighborhood company, MNCs, NGOs, airlines, personal Universities, colleges and faculties, international support companies and UN bodies. Government employees. Self-employed authorities (medical professionals, Engineers, Chartered Accountants, Architects, Consultants). Reputed and totally reputable Businessmen with a reliable source of income
Purpose
house/office Furnishing/ Renovation, For inside ornament / Titles Stones, Electrical fittings, wood cabinets / total furnishing and all forms of apartment/place of job Renovation, purchase/furnishing of flats and many others.
Mortgage amount minimal Tk. 1,00,000.00
Maximum Tk. 10,00,000.00
Costs
Software fee: Tk. 500.00
Processing rate: 1% on the accredited mortgage quantity or Tk. 2000.00 whichever is greater
Tenor Min twelve months
Max forty eight months
Rate of interest 16.50%
Safety
Title deed of the house/place of work to be furnished/renovated together with memorandum of deposit of title deed duly supported through a notarized power of attorney to be saved by the bank as a subject of remedy. Two private ensures (as per our list of eligible guarantors). Registered mortgaged of the property if the loan amount is greater than Tk. 5.00 lac
Staff loan
Target Customer
All permanent employees of ABBL
Purpose
Marriages in the family, buy of office equipment / accessories, buy of miscellaneous loved ones home equipment, buy of personal computers, buy of audio-video apparatus, purchase of furniture
Loan amount
In line with the debt burden ration and different criteria
Charges
Processing cost: 1% on the approved loan quantity
Tenor Min twelve months
Max 36 months
Rate of curiosity 15.50% p.A.
Safety Hypothecation of the product to be bought
Education Loan
Target consumer scholar’s standards:
- Pupils of reputed academic Institutes, similar to Public & confidential Universities, scientific faculties & Engineering Institute.
- Undergraduate & post graduate degree
- Specialists levels (Chartered Accountants (CA), fee & management Accountants (CMA), Marine, MBM, MBA)
- Doctorate degree (PhD), FCPS and many others.
- Occupation: scholar
- Minimal Age: 17 years
- Maximum Age: 40 years
- Educational Qualification: minimal HSC/A-stage pass.
- Mother and father standards:
- Provider Holder:
- Members with ranks equivalent to Senior Assistant Secretary or better would qualify guarantor
- bank officers (equivalent to senior important Officer of NCBs, AVP / department supervisor of nearby and international banks) and division Head of firm manufacturer or headquartered nearby corporate. Guarantors ought to be authorized by way of the department manager / Head workplace.
- Businessman:
- Well reputed and greatly respected Self-employed authorities
Rationale
To financially support The mum and dad: Admission/schooling expenses, Semester costs, be taught overseas
Loan amount minimal Tk. 50,000.00
Highest Tk. Three,00,000.00
Bills application fee: Tk. 500.00
Processing rate: 1% on the approved mortgage amount or Tk. One thousand.00 whichever is better
Tenor Min twelve months
Max 36 months
Of curiosity 14.50% p.A. – sixteen.00% p.A.
Security One individual guarantees (as per our list of eligible guarantors)
Secured Loans
Product title private loan
Goal consumer All purchasers of ABBL
Reason to meet personal requirement of fund
Mortgage amount maximum ninety five% of the reward worth of the protection
Fees Processing rate: Tk. A thousand.00
Tenor Min twelve months
Max 36 months
Expense of curiosity
13.50% p.A. – 16.50% p.A. (discipline to kind of the safety). 2% spread need to be maintained in case of own bank FDR
Security
Lien over FDR, BSP, ICB Unit certificate, RFCD, NFCD, CD account(s) and so on. One personal assurance in case of 1/3 party money collateral (as per our record of eligible guarantors)
Lien over FDR, BSP, ICB Unit certificate, RFCD, NFCD, CD account(s) and so on. One personal assurance in case of 1/3 party money collateral (as per our record of eligible guarantors)
Personal Overdraft Loan
Target consumer All purchasers of ABBL
Motive to satisfy individual requirement of fund
Loan amount highest ninety five% of the present price of the security
Bills Processing cost: Tk. One thousand.00
Tenor Revolving with annual assessment
Fee of curiosity
13.50% p.A. – 16.50% p.A. (discipline to kind of the security). 2% unfold must be maintained in case of possess financial institution FDR
Safety
Lien over FDR, BSP, ICB Unit certificates, RFCD, NFCD, CD account(s) and so forth. One individual guarantee in case of 0.33 social gathering cash collateral (as per our record of eligible guarantors)
Corporate Banking
At AB financial institution we provide complete range of solutions to fulfill corporate customers’ requirement. Our corporate Banking options comprise a wide spectrum of merchandise and services backed through confirmed, latest applied sciences.
Corporate Lending
Our specialist teams offer a comprehensive provider delivering finance to tremendous and medium-sized companies founded in Bangladesh. For more understanding as to how we might quality meet your corporate debt wishes, please contact us at our company Head administrative center.
Structured Finance
we have a expert Structured Finance group who organize and underwrite finance solutions together with Debt and equity Syndication for financial sponsors, administration teams and corporate. Also we furnish corporate advisory services.
We aim to furnish tailor-made financing solutions with a committed staff who can quickly reply to customer wants.
Following are probably the most products and fiscal instruments of company Banking:
- Undertaking Finance
- Working Capital Finance
- Alternate Finance
- Money administration
- Syndicated Finance, both onshore & off-shore
- Equity Finance, each onshore & off-shore
- Corporate Advisory offerings
SME Loan
Considering that the volume, function and contribution of the SMEs, within the last two many years AB financial institution has been patronizing this sector by using extending credit services of one of a kind types and tenor. As of now fifty four% of the bank’s whole loan portfolio is segmented to the SMEs which deserve all out awareness in our plans, projections and forecasting.
As such the financial institution has emphasized on the next disorders:
- To furnish the exceptional offerings to the SME sector
- To increase the SME portfolio of ABBL tremendously
- To toughen the great of ABBL’s portfolio
SME Sectors in which AB financial institution has participated up to now:
- Agro machinery
- Poultry
- Animal Feed
- Dairy Product
- Fruit renovation
- Hotel & eating places
- Garments components
- Leather-based products
- Plastic product
- Furniture: wooden & metal
- Ink
- Paint
- Printing & Packaging
- Wire & Cable
- Aluminum
- Cement and Lime Plaster
- Clinics and Hospitals
- Engineering & Scientific instruments
Giant mortgage & challenge Finance
To be able to cater the demand of purchaser AB bank has segmented its portfolio in phrases of mortgage size. As per this segmentation any loan over Tk. 10.00 Crore falls underneath the purview of massive mortgage Unit.
In AB financial institution, there's also a separate task Finance unit who evaluate the trade. The unit is entrusted to manage the portfolio in a focused method. AB financial institution is at all times in fore entrance to help institution of new initiatives of diverse nature on the way to support to develop the manufacturing environment vis-à-vis to generate to employment.
On the moment AB bank‘s publicity in huge loan & mission Finance portfolio is disbursed within the following sectors:
SL Sector ABBL publicity (restrict)
(Fig. In Lac Tk.)
1 Agro- industry 12,717.56
2 Cement vigour, Glass 38,691.Ninety two
3 consumer merchandise 21,855.00
4 edible Oil 36,057.53
5 Engineering & building 18,106.Forty two
6 monetary university 1,414.70
7 meals & Beverage 27,044.24
8 lodge 2,505.26
9 well being Care 3,928.62
10 Printing & Packaging 11,867.Sixty one
11 actual property 10,451.Forty nine
12 Micro-finance 5,763.15
13 Export 9,441.Sixty three
14 RMG & Backward Linkage ninety four,826.Thirteen
15 Ship Breaking 18,029.20
16 metal forty two,824.97
17 Telecom & pc accessories 11,479.89
18 trading 77,579.89
complete ( together with syndicated publicity) 444,585.21
less Syndicated publicity fifty one,560.29
total large mortgage & mission Finance portfolio without syndicated exposure 3930,24.92
Corporate Address Corporate Office
BCIC Bhaban, 30-31 Dilkusha C/A
Dhaka 1000, Bangladesh
GPO Box: 3522
Phone:
+88-02-9560312
Fax: +88-02-9564122, 23
SWIFT: ABBLBDDH
Email: info@abbank.com.bd
Dhaka 1000, Bangladesh
GPO Box: 3522
Phone:
+88-02-9560312Fax: +88-02-9564122, 23
SWIFT: ABBLBDDH
Email: info@abbank.com.bd
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