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CM attend the 75th Foundation Day of “Assam Cooperative Apex Bank Ltd”

way2barak, Dec.7: Chief Minister Dr Himanta Biswa Sarma on Wednesday attended the 75th Foundation Day of “Assam Cooperative Apex Bank Ltd” in Guwahati. During the occasion, Dr Sarma handed over appointment letters to 100 new recruits. Apart from this, the Chief Minister also launched two Mobile ATM Vans. In his speech, Dr Himanta Biswa Sarma suggested the Bank to work with a mission to achieve the status of a Nationalised Bank in a few years.

The Assam Co-operative Apex Bank Ltd. (ACAB) was established in 1948. Since then the Bank has developed and expanded its activities/ operations and has grown in manifolds. The Bank has a wide network of 67 branches and 6 Zonal Offices, spread throughout the state the State providing effective banking products and other related services to the general public of Assam. The ACAB has mobilized Deposit Resources of Rs. 3474 Crores and has advanced over Rs. 1436 Crores(Approx.) for various development activities in the State.

The ACAB as a pioneer in Banking in Assam, has taken banking to the doorsteps of the people of the State and has been able to nurture and develop banking habits among the people of the State. This has changed the saving habits of people from the traditional methods to the modern banking facilities to earn remunerative returns for their savings invested with the Bank and utilize various attractive and innovative banking products offered by ACAB.

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