Dhaka – Islami Bank Bangladesh Limited opened its 321st Branch at Chatmohar of Pabna. Alhaj Mokbul Hossain, MP of Pabna-3 and Chairman of Parliamentary Standing Committee on Ministry of Agriculture inaugurated the branch on July 25, 2017, Tuesday as chief…
A meeting of the Shariah Supervisory Committee of Islami Bank Bangladesh Limited was held on 24 July 2017, Monday at Islami Bank Tower. Sheikh Moulana Mohammad Qutubuddin, Chairman of the Committee presided over the meeting attended by Dr Mohammad Abdus Samad,…
A “significant” Brexit transitional period needs to be agreed as soon as possible, to stop jobs being moved from the UK to Europe, according to the boss of Goldman Sachs International. Chief executive Richard Gnodde told the BBC he was…
Dhaka – Islami Bank Bangladesh Limited has appointed Md Mahbub ul Alam as Additional Managing Director. Currently, he is heading the Corporate Investment Wing, and Investment (Credit) Committee of the bank. As Deputy Managing Director, he performed responsibilities in International…
Dhaka – Md. Abdul Hamid Miah, Managing Director and CEO of Islami Bank Bangladesh Limited inaugurated a month-long ‘Business Promotion Campaign’ of the Bank at Savar Golf Club on Saturday.
Dhaka – Islami Bank Bangladesh Limited launched Agent Banking services with a view to reaching banking services to the door-steps of unbanked people across rural areas. First Agent Banking Center of the Bank was inaugurated at Bou Barza, Birulia, Savar,…
Dhaka, July 12 – BNP on Wednesday slammed Finance Minister AMA Muhith for his comment about the media report on stashing of huge money by Bangladeshis in Swiss banks, saying he is trying to protect the ‘ruling party men’ who…
Dhaka, Jul 11 – Finance Minister AMA Muhith on Tuesday dismissed the recent media reports on the capital outflow from Bangladesh and a sharp rise in Bangladeshis’ deposits in Swiss banks.
By Jomo Kwame Sundaram Kuala Lumpur (IPS) – After months of withstanding speculative attacks on its national currency, the Thai central bank let it ‘float’ on 2 July 1997, allowing its exchange rate to drop suddenly. Soon, currencies and stock…
Placing a list of the country’s top 100 loan defaulters in Parliament, Finance Minister AMA Muhtih on Monday said the amount of the classified loan now stands at Tk 111,347 crore.“As per the data of the Credit Information Bureau (CIB)…
Dhaka – Islami Bank Bangladesh Limited organized a business review meeting for its Dhaka region at Islami Bank Tower on July 02, 2017, Sunday. Md. Abdul Hamid Miah, Managing Director and CEO of the Bank presided over the meeting.
Dhaka – A court here on Sunday granted bail to Mehboob Chowdhury, the chief executive officer (CEO) of mobile phone operator Citycell, in a case filed for embezzlement of bank loan. -UNB
Dhaka – The Swiss National Bank launched a series of annual reports titled ‘Banks in Switzerland 2016’ on Thursday revealing that deposits by Bangladeshis in Switzerland’s different banks rose rose by about 20 percent year-on-year in 2016.
Dhaka – BNP on Friday alleged that the deposits by Bangladeshis in Switzerland’s different banks marked a sharp rise as the ‘ruling party’ men are siphoning off their ill-gotten money there. -UNB
Dhaka – Parliament on Thursday passed the Tk 4,00,226 crore national budget for FY 2017-18 with a growth target of 7.4 percent, expecting to open up a new horizon for Bangladesh through some initiatives ahead of the next general election.…
by Quanda Zhang A small boost in microlending to the developing world could lift more than 10.5 million people out of extreme poverty. That’s one conclusion of my study, published last month in The B.E. Journal of Macroeconomics, which found…
Dhaka – State Minister for Power and Energy Nasrul Hamid has urged the country`s banks and financial institutions to invest in the government`s ‘fast track projects’, presumably by borrowing –UNB news agency reported
Brexit Secretary David Davis has said he is entering negotiations on the UK’s exit from the EU in a “positive and constructive” frame of mind. As he began talks in Brussels, he said he was determined to build a “strong…
Dhaka – Islami Bank Bangladesh Limited organized a discussion on `Role of Ramadan in Attaining Taqwah’ hosted an Iftar Mahfil on 15 June, Thursday at Pan Pacific Sonagaon Hotel, Dhaka.
By Mike Warmington Kakamega, Kenya, Jun 14 2017 (IPS) – Mathew Khaemba, a smallholder farmer in western Kenya, remembers a time when his children were failing in school because they were too hungry to concentrate on their lessons. In those…
Dhaka – Islami Bank Bangladesh Limited hosted an Iftar Mafil in the honor of owners, managing directors and chief executives of the Hajj agencies of the country in a local hotel on 12 June, Monday.
Dhaka – Islami Bank Bangladesh Limited organized an exchange of views and Ifter Mahfil in honor of the representatives of the foreign exchange houses in Bangladesh on 12 June 2017, Monday at a local hotel in the city.
Dhaka – Islami Bank Bangladesh Limited donated Taka 20 milion to Red Crescent Medical College Hospital for renovation, purchase of medical equipment and modernization of the laboratory of the Hospital.
Islami Bank Bangladesh Limited and Transfast Remittance LLC USA jointly inaugurated Special Promotional Program on the occasion of Eid-ul-Fitr in Board Room of Islami Bank Tower on June 11 Sunday.
Dhaka – The government has urged China again to sign the framework and loan agreements by mid-June for funding the Padma Bridge Rail Link project to facilitate the launching of the project by the current fiscal year.-UNB
The pound has fallen sharply after the UK election resulted in a hung parliament. Sterling’s value had dropped overnight, and as trading got under way in London it slipped further, standing 1.7% lower at about $1.2737, with markets worried about…
Sangsad Bhaban – Black money worth Tk 13,372 crore have been whitened (legalised) since the country’s independence, Finance Minister Abul Maal Abdul Muhith told Parliament on Thursday. – UNB
Spanish bank Banco Popular has been rescued from the brink of collapse by larger rival Santander for one euro. Buying Banco Popular will cost Santander 7bn euros (£6.1bn) – around 2bn euros more than analysts had expected. Banco Popular was…
Dhaka, Jun 5 – The additional excise duty imposed on bank accounts in the proposed budget will increase the influence of bank money in the country’s economy and it will act as a tool to protect loan defaulters, said Executive…
Dhaka, Jun 4 – Customs Intelligence and Investigation Directorate (CIID) on Sunday deposited 536 Kg of gold ornaments and 7,369 pieces of diamond ornaments seized from five outlets of Apan Jewellers to Bangladesh Bank as the leading jewellers brand failed…