Dhaka, May 14 – Islami Bank Bangladesh Limited organized an awareness programme on ‘Payment Card Industry Data Security Standard (PCIDSS’ on May 14, 2018 Monday at Islami Bank Tower.
Category: Banking
IBBL Board of Directors meeting held
Dhaka, 13 May – A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on 13 May 2018 Sunday at Islami Bank Tower.
IBBL, CSBIB organizes workshop on Islamic Banking
Dhaka, May 12 – The Islami Bank Bangladesh Limited and Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) jointly organized workshop on ‘Islamic Banking’ on Saturday 12 May 2018 at the auditorium of Islami Bank Training and Research Academy…
IBBL organizes view exchange meeting with expatriates at Dubai
Dhaka, May 10 – The Islami Bank Bangladesh Limited organized a view exchange meeting with Bangladeshi Expatriates at a local Hotel of Dubai, UAE on 6 May 2018. Professor Md. Nazmul Hassan, Ph.D, Chairman of the Bank was present in…
Taka 2000bn plundered from banking sector: BNP
Accusing the ruling quarters of plundering Tk 2 lakh crore from the banking sector, BNP on Thursday warned the trial of the plunderers will be held someday in people’s court.
Banking sector plagued by financial scams, weak overseeing
Dhaka, May 8 – The banking sector in Bangladesh has been plagued by financial scams, non-performing loans and weak monitoring problems, which might cause a macroeconomic risk in the near term though Bangladesh is expecting faster growth, says a UN…
IBBL agent banking outlet inaugurated in Sreepur, Magura
Dhaka, May 6 – The Islami Bank Bangladesh Limited Agent Banking outlet was inaugurated in Sreepur Bazar of Magura District on 7 May 2018. Advocate Saifuzzaman Shekhor, Assistant Private Secretary to the Prime Minister was present in the program as…
IBBL Jessore Zone business development conference held
Dhaka, May 6- The Jessore Zone of Islami Bank Bangladesh Limited organised a business development conference at its office on 5 May 2018, Saturday. Mohammed Monirul Moula, Managing Director (Current Charge) of the Bank was present in the program as…
Citigroup eyes Saudi expansion
Citigroup is considering seeking a full banking licence in Saudi Arabia as Western banks aim to capitalise on Saudi economic reforms, with rival HSBC announcing it has won mandates for several privatisations in the kingdom More than a dozen foreign…
Steps sought to overcome banking sector challenges
Claiming that the country’s banking sector is going through a turmoil, speakers at a discussion on Friday underscored the need for steps to overcome its challenges, including mobilising domestic resources and preventing money-laundering.
IBBL Chittagong region business development confce held
Dhaka, April 29 – Islami Bank Bangladesh Limited organized a Business Development Conference with its Branch Mangers of Chittagong region on Saturday, 28 April 2018 at the Zonal Office.
Al Hilal Bank uncovers internal fraud worth up to $173m
Abu Dhabi’s Al Hilal Bank has uncovered internal fraud worth more than Dhs500m ($136m), according to reports Friday. Employees of the Islamic institution have been accused of withdrawing funds from dormant customer accounts. The funds were transferred from Al Hilal…
IBBL board recommends 10% cash dividend for shareholders
Dhaka, April 25 – The Board of Directors of Islami Bank Bangladesh Limited recommended 10% cash dividend for the shareholders for the year 2017 subject to approval of the 35th Annual General Meeting of the Bank.
Tk 40m ‘unusual deposit’ in ex-Chief Justice Sinha’s account
Dhaka, April 25 – The Anti-Corruption Commission (ACC) is currently investigating against former chief justice SK Sinha over the allegation of unusual transaction of Tk 4 crore in his account on November 9 last year.
IBBL holds discussion on compliance of Sharia in Bogura
Dhaka, April 23 – The Bogura zone of Islami Bank Bangladesh Limited (IBBL) recently held a discussion on ‘Compliance of Sharia in the Banking Operations’ at a local convention center.
IBBL Comilla – Noakhali Zone Conference held
Dhaka, April 22 – The Comilla and Noakhali Zones of Islami Bank Bangladesh Limited organized a conference of Managers, Branch Anti Money Laundering Compliance Officers and Zonal Anti Money Laundering Compliance Officers at Comilla on 21 April 2018, Saturday.
Another debt crisis for poor countries?
By Masood Ahmed Washington DC, Apr 18 (IPS) – When the world’s finance ministers and central bank governors assemble in Washington later this month for their semi-annual IMF meeting, they will no doubt set aside time for yet another discussion…
Shamim M Afzal new Chairman, Islami Bank Foundation
Dhaka, April 18 – Shamim Mohammad Afzal has been appointed as the Chairman of Islami Bank Foundation. He was appointed in a meeting of the Board of Directors of Islami Bank Bangladesh Limited. He is a member of Board of…
Oriental Bank loan scam: 5 ex-officials get 68 years in jail
A court here on Tuesday sentenced five former officials of Oriental Bank Limited, now known as ICB Islamic Bank, to 68 years imprisonment each and fined them Tk 4.02 crore each in four graft cases.
Islami Bank Chairman Arastoo Khan resigns
Chairman of Islami Bank Bangladesh Limited (IBBL) Arastoo Khan has resigned from his post. Prof Nazmul Hasan, a teacher of Dhaka University and an independent director of the bank, was nominated as the new chairman of the bank.
Boosting India’s goat sector could double rural incomes
New Delhi, 16 April – The International Fund for Agricultural Development (IFAD) is partnering with the Government of India, the Bill and Melinda Gates Foundation and Agri-solutions, to host a two-day conference starting today to discuss how to significantly improve…
Islami Bank provides Tk.5 crore to PMs Relief & Welfare Fund
Dhaka, April 15 – Islami Bank Bangladesh Limited provided Tk.5 (five) crore to the Prime Minister’s Relief and Welfare Fund.
Bring down interest rates to promote investment: PM
Prime Minister Sheikh Hasina on Friday asked bankers to bring down the interest rates of loan to single digit to boost investment in the country.
Govt operated banks’ default loan now Tk 55095 crores
Dhaka, Apr 12– Finance Minister AMA Muhith on Thursday told Parliament that the amount of defaulted loan of different state-owned banks is some Tk 55,095 crore against individuals and organisations.
Muhith favours publishing loan defaulters names
Finance Minister AMA Muhith on Wednesday said that the government might publish the name, address and identity of the bank loan defaulters periodically in the media.
IBBL cash waqf certificate distribution program held
Dhaka, April 10 – The Sonatala Branch of Islami Bank Bangladesh Limited organized Cash Waqf Certificate distribution program and client get together in the branch premises on April 8, 2018. Dr. Md. Zillur Rahman, Chairman, Audit Committee of the bank…
Four arrested in connection with Farmers Bank scam on remand
Dhaka, April 10 – A Dhaka court on Tuesday placed former chairman of the Farmers Bank’s Audit committee Mahabubul Haque Chisty (Babul Chisty) and his son among four on different terms of remand in a case filed on the charge…
IBBL Dhaka South organises discussion on Shariah compliance
Dhaka, April 9 – Dhaka South Zone of Islami Bank Bangladesh Limited organized a discussion titled “Compliance of Shariah in the Banking Operations” and client get-together in its Agargaon branch on Saturday 7 April 2018.
Banks get three more months to bring down ADR
DHAKA, April 9 – Bangladesh Bank today extended the time by three months for banks to bring down their respective Advanced Deposit Ratio (ADR) or Investment Deposit Ratio (IDR) within the new limit declared on January 30. -BSS
IBBL organises shariah compliance and clients’ meeting in Sylhet
Sylhet, April 8- Zone of Islami Bank Bangladesh Limited organized a discussion titled “Compliance of Shariah in the Banking Operations” and client get-together in its Zindabazar branch on Saturday 7 April 2018.