Arab Bangladesh Bank Foundation (ABBF), a fully owned subsidiary of the bank is a platform for philanthropic activities. In course of time, ABBF also provided Brokerage Services under separate license from SEC. However, subsequently upon specific directives from Bangladesh bank, Foundation’s brokerage license was surrendered. Board of Directors of the Bank has resolved to dissolve Foundation in its present form and convert it into an entity under Societies Act and to carry on with its philanthropic activities as envisioned.