Prof. Abu Nasser Muhammad Abduz Zaher, chairman of Islami Bank Bangladesh Limited, addressing the inaugural session of Annual Business Development Conference of the Bank at a city hotel yesterday.

Islami Bank Bangladesh Limited has maintained the leading position in banking as its deposit, investment and foreign exchange business showed remarkable growth over a period of one year.

The investment of the Bank reached at Tk 341.03 billion during last year, showing a rise by Tk 48.94 billion.

The Bank transferred total of Tk 716.06 billion foreign exchange during the year, rising by Tk 106.73 billion from that in the previous year.

The Bank operated import business worth Tk 301.21 billion, export of Tk 178.24 billion and transferred remittance worth Tk 236.61 billion during the year, rising by Tk 54.93 billion, Tk 29.82 billion and Tk 21.98 billion respectively, the Bank sources said. The deposits with the Bank reached at Tk 341.36 billion up to 31 December 2011, increasing by Tk 50.07 billion from that in the last year. Meanwhile, the Bank yesterday launched a two-day Annual Business Development Conference at a city hotel in the city.

Prof Abu Nasser Muhammad Abduz Zaher, chairman of the Bank was present at the inaugural function as chief guest while Engr Mustafa Anwar, vice chairman of the Bank inaugurated the conference in the morning. Mohammad Abdul Mannan, managing director of the Bank presided over the function, said a press release.

Engr Md Eskander Ali Khan, chairman, Executive Committee, Md Shahidul Islam, chairman, Audit Committee, Mominul Islam Patwary, Mohammad Abdullah Al Jalahma, Engr Muhammad Dawood Khan, Prof Mohammed Nazrul Islam, Humayun Bokhteyar, ACPA, FCA, Prof Dr NRM Borhan Uddin, directors of the Bank, Prof Dr Abu Bakr Rafique, member secretary, Shariah Supervisory Committee, top executives, zonal heads and 266 branch managers of the Bank were present in the conference.

The Daily Sun/Bangladesh/ 17th Jan 2012