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IBBL deposit rate posts 21pc growth

Sunday, 6 September 2009


The total deposit of Islami Bank Bangladesh Limited (IBBL) has reached at Tk 228.23 billion on August 31, 2009, showing the growth rate of 21 per cent against the same period of last year, said a press release.
The total investment reached at Tk 217.66 billion. The Bank handled foreign exchange business amounting to Tk 295.34 billion including imports worth Tk 100.47 billion, export Tk 70.04 billion and collected remittance worth Tk 124.83 billion.
This was disclosed at a performance review meeting of top executives of head office and heads of three zones of Dhaka city and branch managers' at the IBBL head office in the city Saturday.
Managing Director of the bank M Fariduddin Ahmad presided over the meeting while IBBL deputy managing directors Mohd Shamsul Haque, Mohammad Abdul Mannan and Md Setaur Rahman were present on the occasion.
M Fariduddin Ahmad emphasised on finding out new investment sectors and to diversify investment. The managers and workers have to work ceaselessly for development and advancement of economy of the country. He called upon all to avoid bad investment and inspire good investment.