News update
  • OIC Welcomes Bahamas Decision to Recognize Palestine State     |     
  • 10 trawlers sink in Bay of Bengal, 34 rescued     |     
  • IMF approves $1.15 billion on staff-level for BD in third loan tranche     |     
  • Police arrest 33 at Washington University protest encampment     |     
  • Uncertainty in Gaza amplified by closure of border crossings     |     

IBBL to invest in housing finance for government officials

Banking 2021-07-05, 11:57am

IBBL Photo-6e72366a8bef3f6ae3fb710ce57d21a51625464631.jpg

IBBL photo



The Finance Department of the Ministry of Finance and Islami Bank Bangladesh Limited signed a Memorandum of Understanding (MoU) on June 30, 2021, for providing investment in building houses and flats for government officials. Md. Ekhlasur Rahman, Additional Secretary of the Ministry of Finance and Mohammed Monirul Moula, Managing Director and CEO of the bank signed the agreement on behalf of their respective organizations. After the signing ceremony, the agreement was handed over to the respective division of the bank.
Along with the Managing Director and CEO of the bank, Muhammad Qaisar Ali and Md. Omar Faruk Khan, Additional Managing Directors, Abu Reza Md. Yeahia, Deputy Managing Director, Muhammad Sayeed Ullah, Senior Executive Vice President and Mohd. Enayet Ullah Siddiquee, Executive Vice President of the bank were present at that time. – Press release