South Bangle Agriculture and Commerce Bank (SBAC Bank) has commenced its operation in Bangladesh in 2013 having the slogan of ‘local bank, global vision’. SBAC Bank is establishing new branches and SME Centers in different locations and emphasizing on credit card facilities, merchant banking support, mobile banking services, remittance service, women entrepreneur financing etc. The mission of the bank is to deliver excellence service with the help of advanced Information Technology.
The bank aims to inaugurate 34 branches in Bangladesh within next 5 years. The bank has a new concept regarding branch network expansion. The bank would like to strengthen Mobile & Internet Banking for rural peoples and underprivileged in the remotest areas of the country. Right now the bank has 5,000 SHANIRVOR Centers and 8,500 plus Post Offices throughout the country to remove poverty for the marginalized people. South Bangle Agriculture and Commerce Bank is providing 15000 jobs opportunities where 73 percent are for the women.