Dhaka, April 5 – A meeting of the Shariah Supervisory Committee of Islami Bank Bangladesh Limited was held on 5 April 2018 Thursday at Islami Bank Tower.
Category: Banking
8th AGM of Islami Bank Securities Limited held
Dhaka, March 31 – The 8th Annual General Meeting of Islami Bank Securities Limited, a subsidiary company of Islami Bank Bangladesh limited was held on 29 March 2018 Thursday at the company’s head office.
Rising debt to hinder development, think-tank fears
Unnayan Onneshan (UO), an independent multidisciplinary think-tank, reveals that persistently increasing outstanding debt along with high debt-service payment every year is likely to lower development finance and escalate intergenerational debt burden.
FBI report on BB’s Tk 800cr heist unmasked govt: BNP
BNP on Saturday alleged that a report of the US’ Federal Bureau of Investigation (FBI) on Bangladesh Bank’s Tk 800 crore reserve heist has unmasked the government.
IBBL agent banking outlet opens at Patenga, Chittagong
Dhaka, March 28 – Islami Bank Bangladesh Limited inaugurated its 82 nd Agent Banking Outlet in Patenga of Chittagong on 27 March 2018 Tuesday.
IBBL discussion on compliance of Shariah held
Dhaka, March 25 – The Dhaka Central Zone of Islami Bank Bangladesh Limited organized a discussion titled “Compliance of Shariah in the Banking Operations” and client get-together in Islami Bank Tower on March 23.
Int’l workshop on liquidity management for Islamic FIs opens
Dhaka, March 21 – Islami Bank Bangladesh Limited and General Council for Islamic Banks and Financial Institutions (CIBAFI) jointly organized a two-day international technical workshop titled ‘Liquidity Management Tools for Islamic Financial Institutions’.
Potential trade war eclipses G-20 meeting in Argentina
Buenos Aires, Mar 20 (AP/UNB) — Finance ministers and central bankers from the 20 leading industrial and developing countries are meeting in Argentina at a summit that has been eclipsed by growing concerns over the potential of a global trade…
IBBL Agent Banking outlet opened at Nababganj
Dhaka, March 19 – Islami Bank Bangladesh Limited inaugurated its Agent Banking Outlet in Baruakhali Bazar of Nababgonj on 15 March 2018 Thursday.
Yi Gang becomes head of China’s central bank
US-educated economist Yi Gang has been named the next governor of China’s central bank, replacing Zhou Xiaochuan. Mr Yi joined the People’s Bank of China (PBOC) 20 years ago and has been its deputy governor since 2008. His appointment is…
IBBL workshop at Khuna on money laundering prevention
Dhaka, March 7 – The Islami Bank Bangladesh Limited organized a day long training workshop on Prevention of Money Laundering and Terrorist Financing at the Khulna Zonal Office recently.
Outline of a new world currency system
The financial and economic crisis and the drastic situation in the Eurozone have shown the limitations of liberalised markets in ensuring – of their own accord – some sort of consistent order. For more than thirty years, our politicians have…
IBBL Dhaka North Zone Client get together held
Dhaka, March 6 – Islami Bank Bangladesh Limited Dhaka North Zone organized a client get together on the occasion of Cash Waqf Campaign at Nikunja Branch, Dhaka on Monday, 5 March 2018.
IBBL pays homage to language martyrs
Dhaka – The Islami Bank Bangladesh Limited paid homage to the Language Martyrs by placing floral wreath at the Central Shaheed Minar on the first hour of the Ekushey.
Tofail Ahmed, Bernicat visit IBBL stall at US Trade Show
Tofail Ahmed, MP, Commerce Minister of Bangladesh and Marcia Bernicat, Ambassador, Embassy of the US in Dhaka visited the stall of Islami Bank Bangladesh Limited at Pan Pacific Sonargaon on March 1, 2018 Thursday after inauguration of a three-day US…
SC upholds NBR decision to freeze Robi accounts
Dhaka, Mar 1 – The Appellate Division on Thursday stayed for three days the High Court order that stayed the decision of the National Board of Revenue (NBR) to freeze all the bank accounts of mobile phone operator Robi on…
IBBL MD pays tribute to Bangabandhu at his Mazar
Dhaka, Feb 27 – Md. Mahbub ul Alam, the newly appointed Managing Director and CEO of Islami Bank Bangladesh Limited has paid tribute to the of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at his mazar at Tungipara recently.
IBBL Board of Directors meeting held
Dhaka, 22 Feb – A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on 22 February 2018 Thursday in Islami Bank Tower.
Four held in Taiwan’s first bitcoin robbery
Taiwan police have arrested four men over a bitcoin robbery worth Twd$5 million ($170,000) in what they said was the first case of its kind on the island.
IBBL discussion and doa program to mark Shaheed Day
Dhaka, Feb 20 – The Islami Bank Bangladesh Limited organized a discussion and doa program on the occasion of Shaheed Day and International Mother Language Day on 20 February, 2018 Tuesday at Islami Bank Tower.
Debt restructuring turns more difficult and costly
The South Centre has announced the publication of Investment Policy Brief No. 10 entitled “How international investment agreements have made debt restructuring even more difficult and costly” by Yuefen LI, Special Advisor on Economics and Development Finance of the South…
King Salman endorses after cabinet okays bankruptcy law
Saudi Arabia’s cabinet has approved a bankruptcy law, sources familiar with the matter said, giving a boost to efforts to make the kingdom more enticing to investors. Modern bankruptcy legislation does not currently exist in Saudi Arabia, creating difficulties for…
IBBL opens Agent Banking outlet at Mirsharai
Islami Bank Bangladesh Limited inaugurated its Agent Banking outlet at Zorarganj Bazar of Mirsharai Upazila of Chittagong on 17 February.
Investment with Islami banks increases 19 percent
The investments with the Islamic banking accounts have increased by 19.03 percent at end of the October-December quarter of 2017 compared to the corresponding period of the preceding year, 2016.
Structural neglect of human rights impacts financial crisis
Geneva (Kanaga Raja) – The policy responses to the recent financial crisis have revealed a deep-seated structural neglect of human rights in economic policy formulation, insufficient protection of the most vulnerable and a lack of attention to participation, consultation, transparency…
SC clears way for 2,201 recruitments in Sonali banks
Dhaka, Feb 13 – The Appellate Division of the Supreme Court on Tuesday cleared the way for holding recruitment process of 22,01 posts in different officers of the state-owned Sonali Bank in accordance with its previous circular issued in 2016.
Stock market turmoil may expose flaws in global finance
By Martin Khor Penang, Malaysia, Feb 12 (IPS) – Was last week’s global stock market sell-off only a “correction” or does it signify a new period of financial instability, caused by major flaws in the world financial system? The stock…
Mahbub ul Alam Joins as New MD of Islami Bank
Dhaka, Feb 11 – Md. Mahbub ul Alam has joined as the Managing Director and CEO of Islami Bank Bangladesh Limited. Following the decision of the Board of Directors of the Bank, Bangladesh Bank formally approved the appointment.
Japanese company del meet IBBL senior executives
Dhaka, 06 Feb – A delegation of Japanese company Sadoshima Corporation, ready in joint investment in Islami Bank Bangladesh Limited financed Jalalabad Metal Limited, paid a courtesy call with the Senior Executives of the Bank on 5 February 2018 at…
Islami Bank inaugurates Cash Waqf campaign
Dhaka, 05 Feb – With the slogan “Unlimited Welfare on Perpetual Deposit” Islami Bank Bangladesh Limited has formally inaugurated the ‘Cash Waqf Campaign’. Md. Abdul Hamid Miah, Managing Director and CEO of the bank inaugurated the campaign as the chief…