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IBBL Sylhet Zone holds business conference

  Sylhet Zone of Islami Bank Bangladesh Limited organized Business Development Conference on 28 March 2022 at a hotel in Sylhet. Mohammed Monirul Moula, Managing Director and CEO of the Bank addressed the conference as Chief Guest. Md. Omar Faruk Khan, Additional Managing Director, A S M Rezaul Karim, Dr Muhammad Solaiman & Md. Mizanur Rahman Bhuiyan, Executive Vice President and Khaled Mahmud Raihan, Senior Vice President also addressed the conference. Sikder Md. Shehabuddin, Head of Sylhet Zone presided over the function. Head of Bra...

PBSL launches two digital booths in city

Pubali Bank Securities Limited (PBSL) launches two Digital Booths at Gulshan Circle-1 and Johnson Road Branch in the Capital to provide modern and digital transaction services at the doorsteps of valued shareholders. Moniruddin Ahmed, Chairman, Board of Directors of Pubali Bank Securities Limited inaugurated the booths as Chief Guest. Zeyad Rahman, Director of Pubali Bank Securities Limited and Saiful Alam Khan Chowdhury, Managing Director & CEO of Pubali Bank Ltd. were present as Special Guests. Mohammed Ahsan Ullah, Managin...

IBBL steps into 40th years

Islami Bank Bangladesh Limited, the first Shariah-based bank in South and Southeast Asia has stepped into 40 years with the highest deposit and investment portfolio in the country. This bank mobilizes one-third of the country's foreign remittance. Over the last 39 years, IBBL has been the largest financier in the country's import-export trade and SME investment. This bank is playing as a partner in national development through a wide network across the country with 6,000 plus units and state-of-the-art banking services. The information was disclosed at a discussion meeting held on Wednesday, March 30, 2022, at Islami Bank Tower on the occasion of its founding anniversary. Mohammed Monirul Moula, Managing Director & CEO of the bank addressed the program as chief guest. Muhammad...

SBAC Bank inaugurates its Sub-branch at Fakirhat in Bagerhat

  South Bangla Agriculture & Commerce (SBAC) Bank Limited opened its Sub-Branch at Fakirhat in Bagerhat. Mr M. Shamsul Arefin, Additional Managing Director of SBAC Bank, inaugurated the Sub-branch on Wednesday March 30, 2022. While, Mrs Shirin Aktar Kislu, Chairman of Fakirhat Union Parishad, Principal Md. Abdul Mannan & Mr Md. Shahidul Islam, Attaki Ward Member, was present at the ceremony as a special guest. Mr Md. Sajedul Alam Khan, SVP & Manage...

SJIBL holds 797th Executive Committee meeting

The 797thmeeting of the Executive Committee (EC) of ShahjalalIslami Bank Limited (SJIBL) held recently at Corporate Head Office of the Bank by maintaining proper hygiene and social distance.

On the other hand, a few number of Director of the Bank &member of the Committee participated in this meeting through digital platform (with a Video Conference). The meeting was presided by Dr. Anwer Hossain Khan, Chairman of the Executive Committee (EC) of the Bank. The members of the Committee discussed various...

New instructions for existing bank credit

Bangladesh Bank (BB) on Wednesday issued new instructions for banks to avoid the increasing trend of lending rate. “Banks can’t increase the rate of interest if the rate is fixed. In case of flexible, variable or bbfloating interest rate, banks can increase the rate once in a year,” said a BB circular issued Wednesday. For increasing the interest rate, the circular said, banks will have to issue notice to the borrowers at least three months ago. In case of term loans, banks can increase the lending rate by 0.50 percent each time. But,...
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