Dhaka, June 23 – The Islami Bank Bangladesh Limited inaugurated its 334th Branch at South Banasree of Dhaka on 23 June 2018, Saturday.
Category: Banking
Interest rates on Bank loan to be 9 percent in July
Dhaka, June 20 – The Bangladesh Association of Bankers (BAB) has decided to reduce the bank loan interest rate to a single digit. From July next, the rate would be 9 percent and it would be 6 percent for deposits.
Pvt banks to lower lending, deposit rates from July
Private banks will charge highest 9 percent interest in lending from July next.
Islami Bank Officers’ Kalyan Samity Eid get-together held
Dhaka, June 19 – Islami Bank Officer Kollyan Samity organized Eid Reunion on 18 June 2018, Monday at the Head Office of the Bank. Md. Mahbub ul Alam, Managing Director and CEO of the Bank was present in the program…
Climate financing by Multilateral banks rises to a 7-year high
Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of $35.2 billion in 2017, up 28 percent from the previous year.
Restore discipline in banking sector, MPs to Muhith
Members of both the treasury and opposition benches came down heavily on Finance Minister AMA Muhith on Sunday for the prevailing ‘indiscipline’ in the banking sector.
Bangladesh needs to boost productive investment: IMF
Banking sector health can be improved by strengthening governance, it says Dhaka, Jun 8 – Bangladesh will need to boost productive investment by addressing infrastructure bottlenecks and strengthening the banking sector to keep ongoing momentum unhurt, the IMF said in…
Why corporate tax relief for Bangladesh’s banks and FIs: CPD
Dhaka, June 8 – The Centre for Policy Dialogue (CPD) yesterday said the proposed budget has increased taxation on the middle and lower income groups compared to rich people, which will ultimately affect the livelihoods of the general people.
Why the only answer is to break up biggest Wall Street banks
On Wednesday 30th of May, Federal bank regulators proposed to allow Wall Street more freedom to make riskier bets with federally-insured bank deposits – such as the money in your checking and savings accounts.
IBBL Comilla Zone organises discussion and Iftar Mahfil
Dhaka, June 6 – The Comilla Zone of Islami Bank Bangladesh Limited organised a discussion on Siam, Taqwa, and Sadaqah and hosted an Iftar Mahfil at Comilla Town Hall recently.
IBBL exchange of views, Iftar with exchange houses reps
Dhaka, June 4 – Islami Bank Bangladesh Limited organized an exchange of views and Iftar program in honor of top executives of Bangladesh Liaison office of the Foreign Exchange Houses’ on June 03, 2018, Sunday at a hotel of Dhaka.
Interest on savings certificates likely to remain unchanged in FY19
The interest rate of the various savings certificates is likely to remain unchanged in the upcoming budget for financial year 2018-19 (FY19).
BB reserve heist, report deferred to July 12
Dhaka, June 3 – The Chief Metropolitan Magistrate (CMM) Court of Dhaka Sunday again ordered the Criminal Investigation Department (CID) of Police to submit the investigation report in the case filed over the Bangladesh Bank reserve heist on July 12.
IBBL Board of Directors meeting held
Dhaka, May 31 – A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on 31 May 2018 Thursday at Islami Bank Tower.
Islami Bank opens its first Women’s Branch in Mirpur, Dhaka
Dhaka, May 30 – The Islami Bank Bangladesh Limited inaugurated its 333 rd and 1st Women Branch named Mirpur Women Branch at Rupnagar of Mirpur, Dhaka on 30 May 2018, Wednesday.
Islami Bank Foundation organises discussion and Iftar Mahfil
Dhaka, May 30 – The Islami Bank Foundation organized a discussion on ‘Significance of Ramadan’ and hosted Iftar honoring its Doctors and consultants in a local hotel of the capital on 30 May 2018, Wednesday.
High Court unhappy at slow progress of Basic Bank scam case
Dhaka, May 30 – The High Court on Wednesday expressed disappointment over the slow progress of the Basic Bank scam’s investigation and said that it could not do anything if the state watch-dog body played a silent role over the…
BB instructions to arrest increasing trend in bank credit
Bangladesh Bank (BB) today issued new instructions for banks to avoid the increasing trend of lending rate.
Farmers’ Bank official’ bail prayer rejected
Dhaka, May 29 – The Senior Judge Court of Dhaka yesterday (Tuesday) rejected the bail petition of Mahbubul Haque Chisti (Babul Chisti), former Chairman of the Audit Committee of the Farmers Bank. Advocate Kazi Nazibullah Hiro conducted the hearing on…
Islami Bank – TRANSFAST Eid Campaign – inaugurated
Dhaka, May 28 – The Islami Bank Bangladesh Limited and TRANSFAST Remittance, LLC, USA has jointly inaugurated Eid offer Campaign on 27 May 2018, Sunday at Islami Bank Tower.
IBBL FX branch holds a discussion on Siam, Iftar
Dhaka, May 27 – The Foreign Exchange Corporate Branch of Islami Bank Bangladesh Limited organized a discussion on Siam, Taqwa, and Ramadan and hosted an Iftar Mahfil at Islami Bank Tower on Wednesday, 23 May 2018.
New bank notes of lower denominations from June 3
Bangladesh Bank (BB) will release new currency notes for Taka 10, 20, 50 and Taka 100 in the market ahead of Eid-ul-Fitr from June 3.
Riyadh to replace riyal notes with coins
The Saudi Arabian Monetary Authority (SAMA) has confirmed it will officially begin replacing paper SAR1 notes in circulation with coins. The announcement comes after the kingdom issued a sixth generation of currency, including one and two royal coins for the…
Oman Arab Bank, Alizz Islamic consider merger
Oman Arab Bank, a unit of Ominvest, and Alizz Islamic Bank are exploring a merger, the two banks said, joining an increasing trend among Gulf banks to consolidate.
Three ways to shrink gender gap in financial inclusion
by Kristalina Georgieva I opened my first bank account as a new student at the London School of Economics in 1987. This seemingly small act meant that I could manage my own finances, spend my own money, and make my…
IBBL board of directors meeting held
Dhaka, May 24 – A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on 24 May 2018 Thursday at Islami Bank Tower.
Islami Bank holds Discussion and Central Iftar Mahfil
Dhaka, May 22 – The Islami Bank Bangladesh Limited organized a discussion on `Siam, Taqwah and Sadaqah’ and hosted an Iftar Mahfil on 22 May 2018, Tuesday at Pan Pacific Sonagaon Hotel, Dhaka. Prof. Md. Nazmul Hassan Ph.D, Chairman of…
IBBL Iftar distribution program inaugurated
Dhaka, May 21 – The Iftar distribution program of Islami Bank Bangladesh Limited during the month of Holy Ramadan was inaugurated on Sunday, 20 May 2018 in front Head Office of the Bank.
IBBL Bogra and Rangpur Zonal conference held
Dhaka, May 20 – Business Development Conference of the Islami Bank Bangladesh Limited Bogra and Rangpur Zone was held on 19 May 2018 at North View Hotel, Rangpur.
Islami Bank signs Agreement with Hotel Grace 21
Dhaka, May 15 – The Islami Bank Bangladesh Limited has signed an agreement regarding better customer service with Hotel Grace 21 on Tuesday, 15 May 2018 at Islami Bank Tower.