Banking

Dhaka, Nov 24 – Bangladesh Bank on Sunday withdrew its restriction on buying products online from the international market place using credit cards. Read More »

Comilla, Nov 21 – A case has been filed over looting money from an ATM booth of Pubali Bank in Comilla City. AGM Moinul Islam, manager of the bank’s main branch in Cumilla, filed the case on Tuesday evening. Read More »

Dhaka, Nov 16 – Islami Bank Bangladesh Limited has been awarded as the highest taxpayer in the banking sector in the 2018-2019 tax year. Read More »

Islami Bank Bangladesh Limited inaugurated its Banking Booth at Baridhara Natunbazar, Dhaka on 3 November 2019, Sunday. Mohammed Monirul Moula, Managing Director (Current Charge) of the Bank inaugurated the branch as chief guest. Read More »

Geneva, Oct (Kanaga Raja) — Global cross-border bank claims expanded by 6% year over year, their highest annual growth rate since the Great Financial Crisis (GFC), the Bank for International Settlements (BIS) has reported. Read More »

by Peter Bofinger on 29th October 2019 Peter Bofinger argues that introducing central-bank digital currencies would need to be subject to very careful consideration. Read More »

Dhaka – Islami Bank Bangladesh Limited (IBBL) has held a conference on ‘Business Innovation for Inclusive Development’. Read More »

Dhaka, Oct 28 (UNB)- East zone of Islami Bank Bangladesh Limited (IBBL) recently held clients’ get-together and fair as part of its rural development scheme (RDS) campaign at a local convention hall of Gazipur. Read More »

Dhaka South Zone of Islami Bank Bangladesh Limited organized Clients’ Get-together & Fair as part of its Rural Development Scheme (RDS) Campaign at Nawabgonj Branch premises on 19 October 2019. Hasne Alam, Deputy Managing Director of the Bank addressed the program as chief guest. Md. Mahboob Alam, Head of Agent Banking Division of the bank was present in the program ... Read More »

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 »

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 »

14 October 2019 – Commonwealth finance ministers will meet in Washington D.C. on 17 October 2019 to discuss coordinated interventions to prevent future debt crises. Read More »

Cumilla Zone of Islami Bank Bangladesh Limited organized a workshop on “Risk Based Shari`ah Audit” at zonal office on 12 October 2019, Saturday. Md. Mahbub ul Alam, Managing Director and CEO of the Bank addressed the program as chief guest. Presided over by Md. Mosharraf Hossain, Senior Executive Vice President and Head of Cumilla Zone, the program was addressed by ... Read More »

Islami Bank Bangladesh Limited has been awarded as the Best Remittance Collecting Bank for the year-2018. Read More »

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 »

Dhaka, Oct 3 – Bangladesh Financial Intelligence Unit (BFIU) has asked all banks and financial institutions to send in information related to the bank accounts of Juba League Chairman Omar Faroque Chowdhury within three working days. Read More »

DHAKA, Sept 11, 2019 (BSS) – Prime Minister Sheikh Hasina today inaugurated the commercial operation of the Community Bank Bangladesh Limited fulfilling the long cherished demand of police. Read More »

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 »

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 »

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 »

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 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 »

Islami Bank Bangladesh Limited distributed relief among 700 families of flood affected area at Chander Hat Degree College playground in Sadar Upazila, Nilphamari on 6 August 2019, Tuesday. Read More »

Islami Bank Bangladesh Limited inaugurated its Agent Banking Outlet in Srimantapur of Sadar Dakkhin Upazila, Cumilla on Saturday, 3 August 2019. Read More »

Dhaka, July 31 – The Bangladesh Bank (BB) set the targets of credit growth in public and private sectors at 24.3 per cent and 14.8 per cent respectively for the fiscal year 2019-20 amid the shrinking demand for credit. Read More »

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 »

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 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 »

Dhaka, July 23 – The High Court on Tuesday issued a rule asking authorities concerned to inform it within 10 days why the Bangladesh Bank circular providing special privileges to loan defaulters should not be declared illegal. Read More »

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 »