Islami Bank Bangladesh Ltd. has contradicted a news report published in The New Nation on April,24 titled ” IBBL stops all sorts of investment” for liquidity crisis saying it is not correct.
It said in a rejoinder that the report that the bank has stopped all types of investment from Sunday due to liquidity crisis is totally false, fabricated and baseless. There is no liquidity crisis in the Islami Bank
and the disbursement of investment is regular.
The bank’s agent banking activities has been continuing as usual and the expansion and approval of new agent banking center are under process. The report stated ‘many officials fear of losing jobs in this uncertain situation in the bank’ is not correct either, no such fear exists with the officials of IBBL.”
It said in a rejoinder that the report that the bank has stopped all types of investment from Sunday due to liquidity crisis is totally false, fabricated and baseless. There is no liquidity crisis in the Islami Bank
and the disbursement of investment is regular.
The bank’s agent banking activities has been continuing as usual and the expansion and approval of new agent banking center are under process. The report stated ‘many officials fear of losing jobs in this uncertain situation in the bank’ is not correct either, no such fear exists with the officials of IBBL.”
