Half-yearly business dev confce of IBBL held

All business indicators show upward trend

Half-yearly business development conference of Islami Bank Bangladesh Limited held on Sunday at a city hotel. Engr. Mustafa Anwar, Chairman of the Bank was present as chief guest. Mohammad Abdul Mannan, Managing Director & CEO, Directors, top executives o
Half-yearly business development conference of Islami Bank Bangladesh Limited held on Sunday at a city hotel. Engr. Mustafa Anwar, Chairman of the Bank was present as chief guest. Mohammad Abdul Mannan, Managing Director & CEO, Directors, top executives o
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Economic Reporter :
Deposit and investment of Islami Bank Bangladesh Limited stood at Tk. 650,000 million and 570,000 million respectively till June 30, 2016, which are 50,000 million and 60,000 million higher than the figure one year ago, said a press release.
According to the press release, the bank’s foreign exchange business stood at Tk. 450,000 million including import Tk. 170,000 million, export Tk.125000 million and remittance Tk. 155,000 million during the period.
Besides, the Bank’s customer base stood at 11.5 million representing 14 percent share of the country’s banking customers and 25 percent of the global Islamic Banking clients. This information was disclosed at half-yearly business development conference of the bank held on Sunday July 24, 2016 at a city on Sunday.
Engr. Mustafa Anwar, Chairman of the Bank was present as chief guest in the conference. Directors, top executives of Head Office, zonal heads and all branch managers participated in the conference.
Mohammad Abdul Mannan, Managing Director & CEO of the bank presided over the conference.
Engr. Mustafa Anwar said, Islami Bank has been contributing to the national economy through welfare oriented banking investment in industrialization, strengthening rural economy and employment generation. Readymade garments and remittance are two basic pillars of the national economy, of which IBBL’s contribution is significant. Islami Bank is the only Bangladeshi bank among the top 1000 banks of the world and most compliant bank in the country and trying to become a global compliant one.
Mohammad Abdul Mannan in his presiding address said, “Islami bank has been working for the last 33 years in maximizing welfare in financial sector, do away with evil and improving people’s living standard through financial inclusion, extending investment and fulfillment of Shariah’s objective.”
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