AB BANK LAUNCHES AI-POWERED DIGITAL LOAN 'AB E-LOAN'
Monday, 8 June 2026
AB Bank launched the pilot phase of 'AB e-Loan', powered by flxCred, an AI-powered digital lending solution integrated into its digital banking platform, AB Direct. Developed in partnership with Filps, a UAE-based Fintech Infrastructure Company, the AI-powered platform enables customers to avail instant loans through a seamless and hassle-free digital process, with automated approval and immediate disbursement via the AB Direct app. A launching ceremony was held at the bank's head office, which was attended by Reazul Islam, managing director and CEO (acting), AB Bank, and Mahadev Sarker Sumon, additional managing director, AB Bank, among others.