SBAC Bank
SBAC Bank PLC is one of the fourth-generation private commercial banks in Bangladesh that was established with the aim of providing modern, reliable and customer-focused banking services. The bank was founded in 2013 and received approval from Bangladesh Bank to operate as a scheduled commercial bank in the country. Initially, the bank was known as South Bangla Agriculture and Commerce Bank Limited (SBAC Bank Limited). It began its journey with a vision to contribute to the development of agriculture, trade, commerce and other important sectors of the national economy. Since its establishment, SBAC Bank has gradually expanded its banking operations and strengthened its position in the financial sector of Bangladesh.
The history of SBAC Bank reflects continuous growth and technological advancement. From the beginning of its operations, the bank focused on introducing modern banking technologies and efficient customer services to meet the changing needs of customers. It gradually expanded its branch network, sub-branches, ATM facilities and digital banking services across Bangladesh. The bank adopted online banking systems, internet banking, mobile banking and other technology-based solutions to improve customer convenience and operational efficiency. Through proper management and strategic planning, SBAC Bank has built a reputation as a progressive financial institution in the country.
SBAC Bank PLC offers a wide range of banking services for individuals, businesses and institutions. Its retail banking services include savings accounts, current accounts, fixed deposit schemes, personal loans, debit cards, credit cards and remittance services. Customers can also access banking facilities through ATM services, internet banking, mobile banking, SMS banking and online transaction systems for secure and convenient financial activities.
In addition to retail banking, the bank provides comprehensive corporate banking services, including trade finance, project financing, working capital loans, treasury operations and cash management solutions for businesses and industries. SBAC Bank also supports small and medium enterprises (SMEs) through specialized financial products and loan facilities designed to promote entrepreneurship and business development. Furthermore, the bank is involved in foreign exchange operations and international remittance services, helping expatriate Bangladeshis transfer money safely and efficiently.
In conclusion, SBAC Bank PLC has established itself as a modern and customer-oriented private commercial bank in Bangladesh. Through its diversified banking services, technological innovation and commitment to customer satisfaction, the bank continues to contribute significantly to economic development and the growth of the banking sector in Bangladesh.
| Registered Name | South Bangla Agriculture & Commerce Bank PLC | |
| Legal Status | Public Limited Company | |
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| Established | 2013 | |
| Type | Private Bank | |
| Category | Commercial Bank | |
| Origin | Local Bank | |
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| Corporate Address | BSC Tower, 5th-16th Floor, 2-3 Rajuk Avenue, Motijheel, Dhaka 1000, Bangladesh. | |
| Telephone | +880 2 41052811-14 | |
| Call Center | 16327, +880 96110 16327 | |
| E-mail Address | info@sbacbank.com | |
| Website | www.sbacbank.com | |
| SWIFT Code | SBACBDDH | |
| Code | 270 | |
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Rating 2.5, based on 605 votes.
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