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Tag Archives: Banking

2 U.S. funds sue banks for Singapore rate rigging

Two U.S.-based investment funds have filed a lawsuit in New York against dozens of banks accusing them of conspiring to rig derivative prices incorporating Singapore interest rate benchmarks, a court filing showed. The suit was filed by Greenwich, Connecticut-based FrontPoint Asian Event Driven Fund and New York-based Sonterra Capital Master Fund and traces back to the 2013 scandal in Singapore ... Read More »

Islami Bank Board meeting held

A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on aturday July 2, 2016 at the Board Room of Islami Bank Tower. Engr. Mustafa Anwar, Chairman of the Bank presided over the meeting. Directors along with Mohammad Abdul Mannan, Managing Director of the Bank were present in the meeting. Read More »

Banks to remain open until July 4 near marketplaces

Finally, Bangladesh Bank on Tuesday decided to keep branches of banks around marketplaces all over the country open till July 4. Bangladesh Bank deputy spokesman Anwarul Islam informed this saying that the central bank has taken the latest decision responding to a request of the FBCCI, the apex business body. The FBCCI leaders on Monday met with the central bank ... Read More »

Islami Bank Board meeting held

A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held June 25, 2016 Saturday at the Board Room of Islami Bank Tower. Engr. MustafaAnwar, Chairman of the Bank presided over the meeting. Directors along with Mohammad Abdul Mannan, Managing Director of the Bank were present in the meeting. Read More »

IBBL Narayanganj, Nitaiganj Fatullah branches organise Iftar Mahfil

Narayanganj, Nitaiganj and Fatullah branch of Islami Bank Bangladesh Limited jointly organized discussion on ‘Humane Banking in the light of Roza and Taqwa’ and Ifter Mahfil in a local community center of Narayanganj on June 22, 2016 Wednesady. Mohammad Abdul Mannan, Managing Director & CEO of the Bank presented keynote paper in the program as the chief guest. Read More »

IBBL awards scholarship to underprivileged students

Islami Bank Bangladesh Limited Rajshahi Zone arranged scholarship awarding program for the underprivileged students on June 20, 2016 Monday at Islami Bank Medical College auditorium, Rajshahi. Engr. Mustafa Anwar, Chairman of the Bank distributed scholarship to some 206 underprivileged meritorious students as chief guest. Read More »

OIC wants to replicate BD’s successes in micro-financing

Jeddah (Saudi Arabia) – Secretary General of the Organization of Islamic Cooperation (OIC) Iyad bin Amin Madani has sought Bangladesh’s support for replicating its tremendous achievements and successes in the fields of NGO, women empowerment and micro-financing in other Muslim countries. The OIC secretary general came up with the request when he met Prime Minister Sheikh Hasina at the Royal ... Read More »

IBBL AGM approved 20% cash dividend

Islami Bank Bangladesh Limited approved 20% cash dividend for the shareholders for the year 2015. The dividend was approved in the 33rd Annual General Meeting of the Bank held on June 2, 2016, Thursday at Bangabandhu International Conference Centre, Dhaka. Read More »

Three on life term in Hall Mark, Sonali Bank loan scam

A Dhaka court on Tuesday sentenced three people, including an ex-assistant general manager of Sonali Bank, to life term imprisonment in a Tk 2.22 crore Hall Mark loan scam case. The convicts are assistant general manager of Ruposhi Bangla Hotel (then Sheraton hotel) branch of Sonali Bank M Saiful Hasan, managing director of Paragon Knit Composite Ltd, an enterprise of ... Read More »

Swift directly responsible for BB heist: Farashuddin

Dhaka – The government-formed probe body on the Bangladesh Bank reserve heist found the Brussels-based Society for Worldwide Interbank Financial Telecommunication (SWIFT) “directly responsible” for the $101 million stolen from Bangladesh’s treasury account with the Federal Reserve Bank of New York, unb news agency reported. “Swift was directly responsible for the heist. But Bangladesh Bank or the New York Fed ... Read More »

Islami Bank Board meeting held

A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Thursday, May 12, 2016 at the Board Room of Islami Bank Tower with Engr. Mustafa Anwar, Chairman of the Bank in the cahir. Directors along with Mohammad Abdul Mannan, Managing Director of the Bank were present in the meeting. Read More »

Islami Bank Board meeting held Thursday

Dhaka – A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Thursday, May 12, 2016 at the Board Room of Islami Bank Tower with Engr. Mustafa Anwar, Chairman of the Bank in the cahir. Directors along with Mohammad Abdul Mannan, Managing Director of the Bank were present in the meeting. Read More »

Islami Bank MD receives Asian Banker Award

Mohammad Abdul Mannan, Managing Director of Islami Bank Bangladesh Limited has received the Asian Banker CEO Leadership Achievement Award-2016. Under his leadership, the bank was recognised as the best Managed Bank in Bangladesh. The award was given at the Asian Banker Summit held at the JW Marriott Hanoi, Vietnam on May 10, 2016. The Asian Banker, a Singapore based strategic ... Read More »