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IBBL holds Business Development Confce for Agent Banking

Dhaka, Feb 21 – Islami Bank Bangladesh Limited organized a business development conference for agent banking at a hotel in the city on Wednesday, 20 February 2019. Professor Md. Nazmul Hassan, Ph.D, Chairman of the Bank inaugurated the daylong conference as chief guest. Md. Shamsuzzaman, Additional Managing Director presided over the meeting. Mohammad Ali, Abu Reza Md. Yeahia and Hasne ... Read More »

IBBL paid tribute to the language movement martyrs

Islami Bank Bangladesh Limited paid tribute to the language movement martyrs led by Major General (Retd.) Engr. Abdul Matin, Chairman, Risk Management Committee and Md. Mahbub ul Alam, Managing Director & CEO of the bank in observance of Martyrdom Day and International Mother Language Day by placing wreath at Central Shaheed Minar on 21 February 2019 Thursday. Mohammad Ali, Abu ... Read More »

IBBL holds Business Development Conference for Agent Banking

Dhaka – Islami Bank Bangladesh Limited organized a business development conference for agent banking at a hotel in the city on Saturday, 16 February, 2019. Md. Mahbub ul Alam, Managing Director & CEO of the Bank addressed the concluding session of the program as chief guest. Abu Reza Md. Yeahia, Deputy Managing Director presided over the meeting. Taher Ahmed Chowdhury, ... Read More »

ICMAB Organized Career Counseling, Students’ Orientation Program & Distribution of Scholarships to the students

Professor Dr. Md. Salim Uddin, FCA, FCMA, Chairman, Executive Committee of Islami Bank Bangladesh Limited and Chairman, Bangladesh House Building Finance Corporation addressed the Career Counseling, Students’ Orientation Program & Distribution of Scholarships to the students of Institute of Cost and Management Accountants of Bangladesh organized by ICMAB Dhaka Council recently as chief guest. -Press Release Nazrul IslamSenior Assistant Vice ... Read More »

Bangladesh Bank Heist: Court again seeks CID report

Dhaka, Feb 10 (UNB) – A court here on Sunday asked the Criminal Investigation Department (CID) again to submit its report by March 13 on a case filed over the incident of cyber heist of $101 million from Bangladesh Bank’s account in 2016. Dhaka Metropolitan Magistrate Shadbir Yasir Ahsan Chowdhury passed the order after Md Raihan Uddin Khan, additional superintendent ... Read More »

IBBL receives prize of Best Premier Pavilion at DITF

Dhaka, Feb 09 – Islami Bank Bangladesh Limited has received prize of best premier pavilion for installing eye-catching pavilion at Dhaka International Trade Fair 2019. Abu Reza Md. Yeahia, Deputy Managing Director of Islami Bank received the prize from Commerce Minister Tipu Munsi, MP on 9 February 2019 Saturday at DITF premise in its concluding session. Tofail Ahmed, MP, Chairman ... Read More »

IBBL inaugurates special campaign on financial inclusion

Dhaka, Feb (UNB)-Islami Bank Bangladesh Limited (IBBL) has inaugurated a special campaign on financial inclusion with a slogan- ‘Financial Inclusion: Small Savings & Accelerated Development’ on Monday. The campaign will continue until March 14 with a view to bring students, farmers, laborers, small traders, expatriates and people of all class and profession under the banking service. Md Mahbub ul Alam, ... Read More »

Disqualify river grabbers from elections bank loans

Dhaka, Feb 03 – In a landmark verdict, the High Court on Monday disqualified the grabbers of rivers and canals from contesting any election including local government and parliamentary polls. It directed the Election Commission to take steps to this effect. The HC bench also court also ordered Bangladesh Bank to take steps so that any person accused of grabbing ... Read More »

Dhaka sues Manila’ bank RCBC over central bank cyber heist

Dhaka, Feb 1 (UNB) – Bangladesh filed a case against Rizal Commercial Banking Corporation (RCBC) of the Philippines’ over the heist of $81 million from Bangladesh Bank’s account with the Federal Reserve Bank of New York. The case was filed with a New York bank accusing RCBC, casinos and others involved in the heist, Abu Hena Mohammed Raji Hasan, head ... Read More »

New monetary policy unveiled: Surplus liquidity Tk 793 bn

Central bank set to file case over its heist Wednesday night Dhaka, Jan 30 – Bangladesh Bank on Wednesday unveiled its monetary policy statement (MPS) for the second half (January-June) of the 2018-19 fiscal year. Central bank Governor Fazle Kabir presented the MPS at a press briefing at the BB’s Jahangir Alam Conference Hall in the morning. Speaking on the ... Read More »

HC asks police to produce Jamuna Bank director

Dhaka, Jan 29 – The High Court (HC) on Tuesday ordered police to produce Jamuna Bank Managing Director Shafiqul Alam before it on February 12, if he would not appear before the court willingly in accordance with its order. The HC bench comprising Justice Mamnoon Rahman and Justice Ashish Ranjan Das passed the order as Alam did not appear before ... Read More »

WB new scheme to privatize land in developing world exposed

Oakland, CA – In advance of the release of the World Bank’s 2019 Enabling the Business of Agriculture (EBA) report, the Oakland Institute exposes the Bank’s new scheme to privatize land in the developing world. The Highest Bidder Takes It All: The World Bank’s Scheme to Privatize the Commons details how the Bank’s prescribed reforms, via a new land indicator ... Read More »

5 fatally shot inside Florida bank, suspect arrested: Police

A gunman opened fire inside a Florida bank Wednesday, killing five people before surrendering to a SWAT team, police said. The shooter called police to report that he had fired shots inside the bank in Sebring, in central Florida. Negotiations failed to persuade the barricaded man to leave the building. The SWAT team then entered the bank, and the gunman ... Read More »

Pound rises after Brexit vote

The pound has risen after MPs voted to reject Theresa May’s Brexit deal by 230 votes. The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May’s deal, or a second referendum. Sterling rose 0.05% to $1.287 after declines of more than 1% earlier in the day. The currency slumped 7% in 2018 reflecting uncertainty ... Read More »

IBBL Business Development Conference begins

Dhaka, Jan 12 – A two-day business development conference of Islami Bank Bangladesh Limited began at Pan Pacific Sonargaon Hotel, Dhaka on January 12, 2019, Saturday. Professor Md. Nazmul Hassan, PhD, Chairman of the bank inaugurated the conference as chief guest. Read More »

Stopping criminals from laundering their trillions

Al Capone had a problem: he needed a way to disguise the enormous amounts of cash generated by his criminal empire as legitimate income. His solution was to buy all-cash laundromats, mix dirty money in with clean, and then claim that washing ordinary Americans’ shirts and socks, rather than gambling and bootlegging, was the source of his riches. Read More »

Indian rupee hit by central bank chief’s shock resignation

India’s currency slumped one day after the abrupt resignation of the country’s central bank governor. The Indian rupee fell 1.2% against the US dollar and stocks were also lower as investors reacted to his departure. On Monday, Urjit Patel resigned from his post midway through his three-year term, citing “personal reasons”. Read More »

IBBL gets ICMAB best corporate award

Dhaka, Dec 9 – The Islami Bank Bangladesh Limited has achieved ICMAB Best Corporate Award. JQM Habibullah, FCS, Deputy Managing Director of the Bank received the crest from Finance Minister Abul Maal Abdul Muhith, MP at the ICMAB Best Corporate Award 2017 at Hotel Intercontinental, Dhaka on Saturday, 8 December 2018. Read More »