AB Securities Limited (ABSL), a wholly owned subsidiary of AB Bank PLC., provides stock broking services to its clients. ABSL originally incorporated in December 2009 as a private limited company, commenced operations in August, 2010, following the transfer of the brokerage business of Arab Bangladesh Bank Foundation (ABBF) to ABSL in August, 2010, in accordance with the instructions of Bangladesh Bank.
ABSL is a corporate TREC Holder of both Dhaka Stock Exchange PLC. (TREC # 201) and Chittagong Stock Exchange PLC. (TREC # 101). Our services include stock broking services for trading in stock markets through branches and the internet, and investments in IPOs, Mutual Funds and Bonds. Currently, ABSL is one of the largest broking houses in Bangladesh which serves its clients through three branches located in Dhaka, Chittagong and Sylhet, two extension offices in Nikunja and one digital booth in Brahmanbaria. ABSL has a client base of around 4000, comprising of local individuals and institutional clients, as well as Non Resident Bangladeshi’s (NRB’s) and foreign investors.
ABSL provides best in class products and services which have now become industry standards for stock broking companies. For Foreign National’s and Non-Resident Bangladeshis, ABSL provides one stop stock broking service including support in opening Foreign Currency (FC) Account & Non-Resident Investor’s Taka Account (NITA) with AB Bank, BO account opening with CDBL and trading at DSE and CSE.
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