CashLink Bangladesh Limited (CBL) is a subsidiary of AB Bank Limited. CBL was incorporated on 24th September 2008 with the following objectives:
To carry on the business of providing integrated electronic financial payment;
To do transaction Processing solutions in Bangladesh , including coordination and development of independent branded Automated Teller Machines (ATM);
To facilitate Electronic Fund Transfer through Points of Sale (EFT POS) and provide Pre-paid Card, Debit Card and Credit Card processing services etc.
To facilitate e-commerce facility to the Banks.
CBL’s vision is to become the largest shared ATM & POS network in Bangladesh. Currently CBL is providing Electronic Fund Transfer services through ATMs and POS throughout the country with 260 plus numbers of AB Bank ATM.
Arab Bangladesh Bank Foundation (ABBF)
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.