Dhaka, April 01 – The World Bank has approved $350 million in grant financing for three projects to help Bangladesh cope with one of the world’s largest forced exoduses.
Category: Banking
Islami Bank inaugurates Mujib Corner in Khagrachari
Islami Bank Bangladesh Limited inaugurated Mujib Corner at its Khagrachari Branch on the occasion of the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
Banks to release foreign exchange of travelers’ int’l cards
Economic Reporter Bangladesh Bank (BB) has instructed all banks to release foreign exchange within the permissible limit of travel or medical entitlement in their international cards.
Islami Bank inaugurates Mujib Corner in Bogura
Islami Bank Bangladesh Limited inaugurated Mujib Corner at its Bogura Branch on the occasion of the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
Banks to remain open from tomorrow
Banks will remain open in limited scale from tomorrow to facilitate the financial transaction for their clients though the government has declared general holidays from March 29 to April 2.
World Bank, IMF call for debt relief to poorest Countries
WASHINGTON, March 25, 2020— The World Bank Group and International Monetary Fund have issued the following joint statement to the G20 concerning debt relief for the poorest countries:
Islami Bank inaugurates sub-branch at Nabinbag, Dhaka
Islami Bank Bangladesh Limited inaugurated its Nabinbag sub-branch under its Khilgaon Branch at Nabinbag, Dhaka on 22 March 2020, Sunday. Mohammed Monirul Moula, Additional Managing Director of the Bank inaugurated the sub-branch as chief guest. Presided over by Mohammod Ullah,…
Islami Bank inaugurates sub-branch at Postagola of Dhaka
Islami Bank Bangladesh Limited inaugurated Postagola sub-branch under its Shyampur Branch 22 March 2020, Sunday at Postagola, Dhaka. Md. Omar Faruk Khan, Additional Managing Director of the Bank inaugurated the sub-branch as chief guest. Presided over by Abu Sayed Md.…
Islami Bank inaugurates sub-branch at Niketon Bazar of Dhaka
Islami Bank Bangladesh Limited inaugurated its Niketon Bazar sub-branch in Dhaka on 18 March 2020, Wednesday at Niketon Bazar, Dhaka. Mohammed Monirul Moula, Additional Managing Director of the Bank inaugurated the sub-branch as chief guest. Abu Reza Md. Yeahia, Deputy…
World Bank Group increases COVID-19 response to $14 bn
An increased $14 billion package of financing from the World Bank Group will support a fast, flexible response to COVID-19. The package will help support companies, strengthen health systems and improve disease surveillance. Focus on private sector and workers spearheaded…
IBBL Inaugurates Mujib Corner at its Bandarban Branch
Islami Bank Bangladesh Limited inaugurated Mujib Corner at its Bandarban Branch on the occasion of the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. Professor Dr. Md. Salim Uddin, FCA, FCMA, Chairman, Executive Committee of the Bank…
Islami Bank inaugurates sub-branch at Malibag, Dhaka
Islami Bank Bangladesh Limited inaugurated its Malibag sub-branch in Dhaka on 15 March 2020, Sunday at DIT Road, Malibag Chowdhurypara in Dhaka. Md. Mahbub ul Alam, Managing Director and CEO of the Bank inaugurated the sub-branch as chief guest.
Islami Bank inaugurates Mujib Corner at Head Office
Islami Bank Bangladesh Limited inaugurated Mujib Corner at its Head Office Islami Bank Tower on the occasion of the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. Professor Md. Nazmul Hassan, PhD, Chairman of the Bank inaugurated…
RAB arrests mobile banking fraud gang leader
Dhaka, March 13 – The Rapid Action Battalion (RAB) arrested the leader of an alleged fraud gang, who used to embezzle money from mobile banking users in the capital Mirpur area.
Islami Bank inaugurates sub branch at Jumur Station, Laxmipur
Islami Bank Bangladesh Limited inaugurated its Laxmipur Jumur Station sub branch at Laxmipur district on 9 March 2020, Monday. Deputy Commissioner of Laxmipur District Anjon Chandra Paul inaugurated the sub branch as chief guest. Presided over by Mahmudur Rahman, Senior…
ECB under pressure to cut rate over coronavirus after Fed move
The European Central Bank (ECB) is under pressure to follow the US Federal Reserve and cut interest rates when it meets on Thursday, economists said.
Tk 200 notes from March 18 marking ‘Mujib Year’
DHAKA – Bangladesh Bank (BB) is going to issue regular currency notes and commemorative notes of Taka 200 from March 18 marking the birth centenary celebration of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. Besides, the central bank will…
Islami Bank receives prize for Excellence in Stall Design at US trade show
Islami Bank Bangladesh Limited has received prize for “Excellence in Stall Design” at the US Trade Show-2020 organized by the American Chamber of Commerce in Bangladesh. Md. Mahbub ul Alam, Managing Director and CEO, Md. Omar Faruk Khan, Additional Managing…
‘Free Heart and Health Camp’ was held in Patiya, Chattogram
“Free Heart and Health Camp, Patiya Organizing Committee” in cooperation with Islami Bank Hospital, Agrabad, Chattogram organized ‘Free Heart and Health Camp” in patiya Chattgram recently. Dr. Tanveer Ahmad, Director of Islami Bank Bangladesh Limited and Chairman, Executive Committee of…
Islami Bank receives prize for Excellence in Stall Design at US trade show
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IBBL along with 5 banks hold Digital Banking Fair 2020 at Cox’s Bazar
Islami Bank Bangladesh Limited along with five banks jointly organized Digital Banking Fair on 29 February 2020, Saturday at the Shahid Daulat Maidan of Cox’s Bazar Public Library. Mohammed Monirul Moula, Additional Managing Director of IBBL inaugurated the daylong fair…
IBBL Shari`ah Supervisory Committee meeting held
A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on 2 March 2020, Monday at Islami Bank Tower. Sheikh Moulana Mohammad Qutubuddin, Chairman of the Committee presided over the meeting. Md. Mahbub ul Alam, Managing…
Islamic Banks organise Digital Banking Fair 2020 in Ctg
To popularize the digital banking products Islami Bank Bangladesh Limited, First Security Islami Bank Ltd., Social Islami Bank Limited, Union Bank Limited and NRB Global Bank Limited jointly organized Digital Banking Fair 2020 at Chittagong Club in Chattogram city on…
General meeting of central sharia board held in city
The 40th general meeting of Central Sharia Board for Islamic Banks of Bangladesh (CSBIB) was held at the head office of Islami Bank Bangladesh Limited (IBBL) on Thursday. The meeting was presided over by Mufti Dr Muhammad Abdullah, Chairman of…
Apex BD chamber FBCCI welcomes lending rate cut
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Tuesday welcomed the move by the central bank to set a maximum 9 percent interest rate on all loan products except credit cards.
IBBL Business Development Conference held in Jessore
Islami Bank Bangladesh Limited Jashore Zone organized Business Development Conference at a local hotel of the city on 22 February 2020, Saturday.
Banking sector now hostage to a quarter: CPD
Dhaka, Feb 23 – Distinguished Fellow of the Centre for Policy Dialogue (CPD) Dr Debapriya Bhattacharya on Saturday alleged that the country’s banking sector is now hostage to a handful of individuals and organisations. He made the allegation while addressing…
IBBL pays homage to Language Martyrs
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.
Islami Bank Central Hospital inaugurates NICU service
Islami Bank Central Hospital inaugurated Neonatal Intensive Care Unit (NICU) service. Yousif Abdullah Al-Rajhi, Vice Chairman of Islami Bank Bangladesh Limited and Islami Bank Foundation inaugurated the service on 17 February 2020 as chief guest at Islami Bank Central Hospital,…
UK banks passed nearly 1mn mortgages in 2019, 7.4% over ‘18
Data gathered by Learnbonds.com indicates the United Kingdom’s high street banks approved 982,286 mortgages in 2019. This is an increase of 7.4% from 2018’s 909,597.