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subject: Aftab Group Of Bangladesh [print this page]


Bangladesh continues to reach out to the world with the emergence of the Aftab Group. As a leader within the banking sector, agriculture, textile and food industries among other ventures, Aftab Group has a long list of successful enterprises under its belt. Part of those positive endeavors has been in establishing overseas business.

Under the exceptional guidance of Chairman Azharul Isalm and Vice Chairman Iftekharul Isalm, Aftab Group and Uttara Bank Ltd. (also owned by the group) have become market leaders in Bangladesh's private sector. Uttara Bank, with Aftab Group as a major shareholder, is one of the most successful private sector commercial banks in Bangladesh. The bank currently employs some 4200 workers in its 207 branches within Bangladesh and has 600 affiliates operating worldwide. This has certainly created an incredible network of operations inside the country's financial sector. This network has furthered allowed Uttara Bank to expand.

After successfully leading the domestic markets, Aftab Group started concentrating in foreign ventures. The overseas business division of Aftab Group is ALIB Group. This division has focused upon real estate since 1995. It is also involved with other international businesses. It operates from the head office in New York. Of course, success breeds success, and ALIB Group's success with managing development, letting and sales has led to further expansion. It now has offices worldwide including in the UK, Brazil, Australia, Thailand, India, UAE, Singapore, and China.

For further evidence of the group's success, all one has to do is look at the wide-range of industries in which the group has influence. The companies include AFTAB Global Textiles, Milnars Pump, Frozen Foods Ltd, and AFTAB Properties. Milnars Pump has reputation worldwide. In the USA, the group has ALIB Properties, ALIB Holdings, ALIB Hotels & Resorts, to name just a few. One more venture worth mentioning is ALIB INTERNATIONAL which has business dealings worldwide. If the past is indeed any indication of the future, the group will continue to thrive with the help of its talented owners, managers and employees along with the realization of the importance of adapting to new practices, technologies and opportunities.

The future of Bangaldesh's economy largely depends on the the success of the country's corporate groups. Aftab Group is leading the fight with a bold attitude.

by: Jonathan




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