AB Bank Ltd, the first private commercial bank of the country recently launched ‘Real Time Sanction Screening System’ as part of ensuring compliance to Bangladesh Bank initiates on anti-money laundering and combating financing of terrorism. Bank has also upgraded its previously implemented ‘Anti-Money Laundering System’ incorporating the global best practices and standards for preventing money laundering and terrorist financing. Mr. Debaprosad Debnath, General Manager, Bangladesh Financial Intelligence Unit (BFIU) of Bangladesh Bank was the ‘Chief Guest’ in the launching ceremony. President and Managing Director of the Bank Mr. Shamim Ahmed Chaudhury and the country representatives of foreign correspondent banks in Bangladesh along with other high officials of the Bank were also present in the launching ceremony.