Mohammad Abdul Mannan, Managing Director of Islami Bank Bangladesh Limited, presides over a performance review meeting at the board room of the bank in Dhaka Tuesday.

Islami Bank Bangladesh Limited, since its inception as an interest-free bank in South-East Asia in 1983, has been playing an important role for building Bangladesh as a financially-sound country.

Mohammad Abdul Mannan, Managing Director of the bank, said while presiding over a performance review meeting and observation of the 30th anniversary of the bank at the board room of the bank Tuesday in Dhaka.

Highlighting IBBL’s contribution to the economic development of the country, he said the bank has poured 45 percent of its total investment in the country’s industrial sector.

The bank has invested 21 percent of its total investment in garment and textile, 33 percent in food, 21 percent in iron and steel sector and 17 percent in SME sector, he said.

The bank allocated seven percent of its investment in agriculture and agro-based sector, the highest among the private commercial banks, he claimed.

Besides, 65 percent import of fertiliser is imported through the bank, he said adding, the bank alone handles about 50 percent investment in Islamic small investment across the globe.

Deputy managing directors of the bank Md Shamsul Haque, Md Habibur Rahman, Md Nurul Islam, Md Abul Bashar, Md Habibur Rahman Bhuiyan and AKM AZbdul Malek Chowdhury and senior executives, zonal heads and managers of the corporate branch of the bank attended the meeting.

Mohammad Abdul Mannan presided over the meeting.

In his speech, the managing director expressed satisfaction over the performance of the bank during the last two months of the current year.

The meeting also took some important decisions on observing the bank’s 30th anniversary.