Islami Bank Bangladesh Limited has allocated Tk. 50 million to help and rehabilitate flood and river erosion affected destitute people in the country. Board of Directors of the Bank at an emergency meeting with its Chairman Prof. Abu Nasser Mohammad Abduz Zaher in the chair on September 14, 2014 took the decision. The allocated fund will be spent in providing necessary food, cash money and rehabilitation of the hapless people affected by flood and river erosion in the affected districts, informed by the authority.
Earlier, the Bank allocated Tk. 20 million for the flood victims. With the increase in havoc of the flood Bank’s management has enhanced the amount.