IBBL marks 13.5pc growth in deposit last FY

Posted by BankInfo on Mon, Aug 03 2015 11:11 am

Deposit and investment of Islami Bank Bangladesh Limited stood at Tk. 596,489 and 497,620 millions respectively till June 30 last, which are 13.5 percent and 12 percent more in comparison to those of same time of the previous year, reports UNB.

The bank has conducted import and export business amounting Tk. 171,704 and 110,640 million respectively while handled foreign remittance of Tk 165,797 million in the same period.

This information was disclosed at the inaugural session of half-yearly business development conference of the bank held on Saturday at Muhammad Younus Auditorium of Islami Bank Tower, said a press release.

Chairman of the Bank Engr. Mustafa Anwar was present as the chief guest at the conference presided over by its Managing Director Mohammad Abdul Mannan.

Deputy managing directors Muhammad Abul Bashar, Md. Habibur Rahman Bhuiyan, FCA, Md. Mahbub-ul-Alam, Rafi Ahmed Begh, Abdus Sadeque Bhuiyan and Md. Shamsuzzaman along with Head Office executives were present in the conference. Head of 14 zones and selected branches of the Bank participated in the programme.

The bank chairman said Mustafa Anwar said Islami Bank has been playing role for the development of the country’s industry, agriculture, infrastructure, trade and commerce and overall living standard of the people through the welfare oriented financial services.

Abdul Mannan said Islami Bank has been contributing to the progress of the national economy through real asset based banking activities.

He urged all zonal heads and branch managers to keep role in developing the living standard of the people by priority financing in the need based and productive sectors of the country.

News:Daily Sun/1-Aug-2015
Posted in Banking, News

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