SBAC Bank PLC.
DDSE:SBACBANK6.80
BDT
0.00
(0.00%)
ISIN
BD0151SBAC08
Return %
Stock
S&P 500
1Y
0.00
14.20
3Y
-35.24
81.12
5Y
-65.66
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- S. M. Mainul Kabir
- Full Time Employees
- 1,282
- Sector
- Finance
- Industry
- Regional banks
- Address
- Dhaka Bangladesh
- IPO Date
- Aug 11, 2021
- Website
- sbacbank.com
- Similar Companies
- Business
- SBAC Bank PLC is a Bangladesh-based commercial banking institution engaged in the provision of conventional commercial banking, Islamic banking, microfinance, and capital market services to retail, corporate, and institutional clients. The company operates across several primary business segments: Retail Banking, Corporate Banking, SME and Agriculture Banking, Treasury and Capital Market Operations, Islamic Banking, and Offshore Banking. The bank offers a comprehensive suite of financial products and services, including: deposit products such as current accounts, savings accounts, special notice deposits, foreign currency accounts, student savings schemes, senior citizen deposits, resident foreign currency accounts, and term deposit structures featuring monthly profit and multi-benefit deposit schemes; credit and loan facilities comprising personal loans, auto loans, home mortgages, consumer finance, commercial working capital loans, project finance, term lending, lease financing, syndicated credit, and targeted micro-credit programs for cottage, micro, small, and medium enterprises (CMSMEs) as well as agricultural producers; trade finance and treasury solutions including letters of credit, document collection, bank guarantees, export-import financing, foreign exchange dealing, money market operations, government securities trading, and offshore banking services; digital and card-based payment services consisting of credit cards, debit cards, automated teller machine (ATM) services, point-of-sale terminals, internet banking, SMS banking, the proprietary BanglaPay digital mobile wallet, and Bangla QR interoperable merchant payment processing; Shariah-compliant Islamic banking products covering Mudarabah savings and term deposits, Murabaha trade financing, and Ijara leasing; and capital market services including equity brokerage, trading execution, research, and portfolio advisory delivered via its brokerage subsidiary, SBAC Bank Investment Limited. SBAC Bank PLC serves clients domestically across Bangladesh through an extensive distribution network of 90 branches, 32 sub-branches, automated teller machines, and agent banking outlets. Founded on April 28, 2013, the bank is headquartered in Dhaka, Bangladesh, and is publicly listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange under the ticker symbol SBACBANK. In recent corporate and operational developments, SBAC Bank PLC has expanded its digital transaction footprint and strengthened its financial inclusion initiatives through the nationwide commercial rollout of its Bangla QR payment gateway, enabling seamless cashless transactions for micro and retail merchants via its BanglaPay platform. In strategic collaboration with Bangladesh Bank, the bank entered into multiple high-value central bank refinance agreements to channel targeted liquidity into the domestic economy, including participation in the Tk 5,000 crore CMSME working capital refinance scheme, the Tk 3,000 crore export diversification fund, the Tk 3,000 crore northern region agricultural hub development fund, the Tk 3,000 crore CMSME cluster financing facility, and the Tk 500 crore Start-up Refinance Fund. Additionally, its subsidiary, SBAC Bank Investment Limited, established a panel brokerage and institutional investment partnership with Investit Asset Management Company Limited to support capital market asset management and fund growth.