IBBL deposit hits Tk 166.63b mark
Wednesday, 2 January 2008
FE Report
Islami Bank Bangladesh Ltd (IBBL) has held one of the leading positions in deposit, investment and handling of foreign exchange business in the country's private banking sector.
The bank's total deposit stood at Tk 166.63 billion (Tk 16,663 crore) on December 31, 2007, showing a growth rate of 25 per cent against the corresponding period of the previous year, said a press release.
The total investment reached Tk 174.43 billion showing a growth rate of 41 per cent against the corresponding period in the previous year.
IBBL handled its foreign trade amounting to Tk 287.92 billion showing a growth rate of 43 per cent against the corresponding period of the previous year including import of Tk 137.09 billion and export of Tk 66.69 billion.
It had collected remittance of Tk 84.14 billion.
This was disclosed in a co-ordination meeting of the top executives of the bank's head office, zonal office of Dhaka City and corporate branches held at the board room of Islami Bank Tower in the city Monday.
Chairman of the bank's Executive Committee Mominul Islam Patwary was present in the meeting as the chief guest.
Presided over by its Executive President M Fariduddin Ahmad, the meeting was attended, among others, by Mohd Shamsul Haque, Mohammad Abdul Marman and Md Habibur Rahman, deputy executive presidents of the bank.
Mominul Islam Patwary, in his speech, evaluated the bank's performance in 2007 and congratulated its executives, officers and employees for the success achieved last year.
M Fariduddin Ahmad, in his presidential speech, said IBBL could hold the topmost position in the banking sector of the country in respect of receiving deposit, providing investment and achieving profit last year.
He further said the present world is based on science and technological development. All the officers and staff of the bank should, therefore, be equipped with modern knowledge and information technology, he added.
Islami Bank Bangladesh Ltd (IBBL) has held one of the leading positions in deposit, investment and handling of foreign exchange business in the country's private banking sector.
The bank's total deposit stood at Tk 166.63 billion (Tk 16,663 crore) on December 31, 2007, showing a growth rate of 25 per cent against the corresponding period of the previous year, said a press release.
The total investment reached Tk 174.43 billion showing a growth rate of 41 per cent against the corresponding period in the previous year.
IBBL handled its foreign trade amounting to Tk 287.92 billion showing a growth rate of 43 per cent against the corresponding period of the previous year including import of Tk 137.09 billion and export of Tk 66.69 billion.
It had collected remittance of Tk 84.14 billion.
This was disclosed in a co-ordination meeting of the top executives of the bank's head office, zonal office of Dhaka City and corporate branches held at the board room of Islami Bank Tower in the city Monday.
Chairman of the bank's Executive Committee Mominul Islam Patwary was present in the meeting as the chief guest.
Presided over by its Executive President M Fariduddin Ahmad, the meeting was attended, among others, by Mohd Shamsul Haque, Mohammad Abdul Marman and Md Habibur Rahman, deputy executive presidents of the bank.
Mominul Islam Patwary, in his speech, evaluated the bank's performance in 2007 and congratulated its executives, officers and employees for the success achieved last year.
M Fariduddin Ahmad, in his presidential speech, said IBBL could hold the topmost position in the banking sector of the country in respect of receiving deposit, providing investment and achieving profit last year.
He further said the present world is based on science and technological development. All the officers and staff of the bank should, therefore, be equipped with modern knowledge and information technology, he added.