In the year 1999, Bank Asia PLC. was launched by a group of successful entrepreneurs with recognized standings in the society. The management of the Bank consists of a team led by senior bankers with decades of experience in national and international markets. The senior management team is ably supported by a group of professionals, many of whom have exposure in the international market.
It set a massive milestone by acquiring the business operations of the Bank of Nova Scotia in Dhaka, first of its kind in the banking history of Bangladesh. It again repeated the performance by acquiring the Bangladesh operations of Muslim Commercial Bank Ltd (MCB), a renowned Pakistani bank.
In the year 2003, the Bank again came to the limelight with over-subscription of the Initial Public Offering of the shares of the Bank, which was a record (55 times) in the history of capital market of Bangladesh.
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