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IBBL Dhaka North Zone holds RDS Clients’ Get-together & Fair

Dhaka North Zone of Islami Bank Bangladesh Limited organized RDS clients’ Get-together & Fair at the premises of its Savar Branch recently. Md. Abdul Jabbar, Deputy Managing Director of the Bank addressed the program as chief guest. Md. Aminur Rahman, Executive Vice President and Head of Dhaka North Zone presided over the meeting. Dr. Md. Elias Mollah, Professor of Jahangirnagar ... Read More »

The world mustn’t sleep-walk into another debt crisis

By Patricia Scotland, Commonwealth Secretary-General 16 October 2019 -Trade wars, protectionism, and nationalist rhetoric are combining to create the possibility of a nightmare debt crisis that could be worse than any previously experienced. Global borrowing is now at the highest levels since the 1950s – and history suggests we should take this as a warning that a debt crisis could ... Read More »

IBBL inaugurates Cash Recycling Machine

Islami Bank Bangladesh Limited inaugurated Cash Recycling Machine (CRM) at its Head Office Complex Corporate Branch. Md. Mahbub ul Alam, Managing Director and CEO of the bank inaugurated the CRM on 7 October 2019, Monday at Islami Bank Tower as chief guest. Mohammed Monirul Moula, Additional Managing Director was present in the program as special guest. Mohammad Ali, Abu Reza ... Read More »

39th General Meeting of Central Sharia`h Board held

The 39th General Meeting of Central Sharia`h Board for Islamic Banks of Bangladesh (CSBIB) was held at Islami Bank Tower on 9 September 2019, Monday. Presided over by Sayed Kamaluddin Jafree, Chairman of the Board, Shah Abdul Hannan, Advisor, M Azizul Huq, Chairman of CSBIB Executive Committee and Board of Directors of Pubali Bank, Professor Md. Nazmul Hassan, Ph.D, Chairman ... Read More »

Govt working for single digit bank loan interest rate: PM

Dhaka, Sept 1 (UNB) – Prime Minister Sheikh Hasina on Sunday said steps are underway to bring down bank loan interest rate to single digit in all banks, noting that higher interest rate naturally causes loan defaults. “We want to bring it (bank loan interest rate) down to single digit. In the meantime, we’ve taken appropriate measurers so that investment ... Read More »

IBB Sylhet Zone organizes Business Development Conference

Sylhet Zone of Islami Bank Bangladesh Limited organized Business Development Conference at Kushiara International Convention Hall, Sylhet on 31 August 2019, Saturday. Professor Md. Nazmul Hassan, Ph.D, Chairman of the Bank was present in the program as chief guest. Presided over by Md. Mahbub ul Alam, Managing Director & CEO of the bank, the program was addressed by Muhammad Qaisar ... Read More »

IBBL organizes RDS Conference at Cox’s Bazar

Islami Bank Bangladesh Limited Cox’s Bazar and Ramu Branches organized a biannual conference of its Rural Development Scheme (RDS) at a local auditorium of Cox’s Bazar on 16 August 2019. Professor Md. Nazmul Hassan, Ph.D, Chairman of the Bank addressed the conference as chief guest. Presided over by Md. Mahbub ul Alam, Managing Director & CEO of the Bank, the ... Read More »

Islami Bank organizes discussion on National Mourning Day

Islami Bank Bangladesh Limited organized discussion and doa program observing the National Mourning Day and the 44th martyrdom anniversary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at Islami Bank Tower on 14 August 2019, Wednesday. Professor Dr. Qazi Shahidul Alam, Director of the bank addressed the program as chief guest. Presided over by Md. Mahbub ul Alam, Managing ... Read More »

IBBL Munshigonj Br. organizes Business Dev. Conference of its RDS

Islami Bank Bangladesh Limited Munshigonj Branch organized Business Development Conference of its Rural Development Scheme on 26 July 2019, Friday at the branch premises. Md. Mahbub ul Alam, Managing Director and CEO of the bank addressed the conference as chief guest. Md. Abdul Jabbar, Deputy Managing Director and M. Zubayer Azam Helali, Executive Vice President addressed the program as special ... Read More »

IBBL organizes Business Development Conference

Islami Bank Bangladesh Limited organized business development conference at the Jamuna Future Park Convention Center in Dhaka on 27 July 2019, Saturday. Prof. Md. Nazmul Hassan, PhD, Chairman of the Bank addressed the program as Chief Guest. Md. Mahbub ul Alam, Managing Director & CEO presided over the program. Prof. Dr. Md. Salim Uddin, FCA, FCMA, Chairman, Executive Committee, Prof. ... Read More »

A meeting of the Board of Directors of IBBL was held

A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on 25 July 2019, Thursday at Islami Bank Tower. Presided over by Professor Md. Nazmul Hassan, Ph.D, Chairman of the bank, the meeting was attended by Md. Shahabuddin, Vice Chairman, Directors, Md. Mahbub ul Alam, Managing Director & CEO and JQM Habibullah, FCS, Deputy Managing Director ... Read More »

Incautious optimism: Things look great for Caribbean PPPs

S. Brian Samuel – July 17, 2019 In June I participated in the biannual Private Equity & Infrastructure Development Conference hosted by the Development Bank of Jamaica (DBJ) in Kingston. This year I had the pleasure of moderating a panel on the privatization of the Kingston Container Terminal and joined a practitioner’s workshop on Implementing Climate Resiliency in Jamaica’s PPPs. ... Read More »

Decade on, Chinese yuan wins worldwide recognition

Beijing, July 12 (Xinhua/UNB) — From a currency that barely registered in the international market to one with worldwide recognition, Chinese yuan’s rise on the global stage over the past decade is a testament to China’s growing economic clout and unwavering opening up. Since July 2009 when the yuan’s global journey started with a pilot scheme allowing for yuan settlements ... Read More »

IBBL inaugurated its 500th Agent Banking Outlet at Alfadanga

Islami Bank Bangladesh Limited inaugurated its 500th Agent Banking Outlet at Alfadanga Bazar of Faridpur on 8 July 2019, Monday. Md. Abdul Jabbar, Deputy Managing Director of the Bank inaugurated the outlet as chief guest. Presided over by Md. Maksudur Rahman, Executive Vice President and Head of Khulna Zone, the program was addressed by Saifur Rahman, Mayor of Alfadanga Pourashabha, ... Read More »

Progress of financial inclusion in BD exciting: Queen Maxima

It can accelerate progress, empower women, she says Dhaka, July 10 – UN Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA) Queen Maxima on Wednesday said financial inclusion can empower women and accelerate Bangladesh’s progress and noted significant progress made so far in the country. “Financial inclusion has increased from 31 percent in 2014 to 50 percent in 2017 ... Read More »

Fake voices ‘help cyber-crooks steal cash’

Dhaka, Jul 10 (UNB) – A security firm says deepfaked audio is being used to steal millions of pounds, reports the BBC. Symantec said it had seen three cases of seemingly deepfaked audio of different chief executives used to trick senior financial controllers into transferring cash. Deepfakes use artificial intelligence to create convincing fake footage. The AI system could be ... Read More »

SC stays HC bar on BB’s special concession to loan defaulters

Dhaka, July 08 – The Appellate Division of the Supreme Court (SC) yesterday stayed for two months a High Court order that imposed a status-quo on a Bangladesh Bank circular that had allowed special concession for loan defaulters by rescheduling their loans with a repayment period of up to 10 years. “Stay for two months,” the four-member Appellate Division bench ... Read More »

Chamber Judge halts HC stay on BB privileges for defaulters

Dhaka, Jul 2 (UNB) – The Chamber Judge on Tuesday stayed a High Court order that directed to maintain a status-quo on a Bangladesh Bank policy offering special privileges to loan defaulters. Justice Md Nuruzzaman passed the order after hearing an appeal filed by the Finance Ministry. A full bench of the Appellate Division will hear the appeal on July ... Read More »

Polls ticket trade imaginary: Why not air Swiss Bank Ac’s: BNP

Dhaka, June 30 (UNB) –  BNP senior leader Nazrul Islam Khan on Sunday termed imaginary Prime Minister Sheikh Hasina’s comment that BNP’s ‘nomination trade’ during the 11th parliamentary election swelled Bangladeshis’ deposits in the Swiss banks. Speaking at a human-chain programme, he also said the national budget passed in parliament on Sunday will not only push up profits of businessmen, ... Read More »

Reform banking sector for budget execution: Ibrahim Khaled

Dhaka, June 29 (UNB) – Former Bangladesh Bank Deputy Governor Khondkar Ibrahim Khaled on Saturday underscored the need for reforming the country’s banking sector for proper implementation of the national budget for 2019-20 fiscal year. “Default loans must be recovered, tax collection should be increased and legal obstacles to the banking sector have to be removed for proper implementation of ... Read More »

IBBL provided bed and water purifying machine to use Hajj

Islami Bank Bangladesh Limited has provided foam bed and water purifying machine to use at Ashkona Hajj Camp for the Hajj pilgrims in the year 2019. Abu Reza Md. Yeahia, Deputy Managing Director of the Bank handed over the materials to Saiful Islam, Director of Ashkona Hajj Camp on 27 June 2019 Thursday. The Bank provides such service to Hajj ... Read More »