At the 169th SBAC Bank Board meeting on 16th August 2023, Mr. A.Z.M. Shofiuddin was elected Chairman. Born in Cumilla in 1969, the renowned businessman leads SQ Group and champions philanthropy.

SBAC Bank has disbursed a Tk. 70.00 Lac loan to tech startup PEARS Global Limited from our dedicated Startup Fund, emphasizing our commitment to nurturing innovation in the IT sector.

The 10th AGM of SBAC Bank was held virtually on June 18, 2023. Chaired by the bank's leadership, a 3.5% cash dividend for 2022 was approved. Key officials attended.

SBAC Bank inaugurated an ATM at Adury Apparels, Narsingdi on the Dhaka-Sylhet Highway. The event, led by top bank officials, drew local dignitaries.

On April 3, 2023, marking SBAC Bank's 10th anniversary, Chairman Molla presented the anniversary logo to CEO Rahman at the Head Office, with key officials attending.

SBAC Bank PLC launched its 25th Sub-Branch in Pirojpur Sadar. The event was attended by bank executives and local dignitaries, marking a significant expansion.