IBBL opens 201st branch in Ctg
Wednesday, 16 September 2009
Islami Bank Bangladesh Limited (IBBL) is the first interest-free bank of the country and it has achieved enormous success in deposit, investment and profit taking welfare-oriented activities to continue this progress.
IBBL Managing Director M Fariduddin Ahmad made the comment while inaugurating the 201st branch of the bank at MM Tower on OR Nizam Road in Chittagong Sunday, said a press release.
President of Bangladesh Medical Association in Chittagong Dr Golam Mortuza was present as the special guest while Head of Chittagong Zone and Executive Vice President of IBBL Abul Hossain presided over the function.
Speaking on the occasion, Mr Fariduddin said the IBBL was established to set up Islamic economics in the country, free from bad effect of usury. Many other banks had started Islamic banking activities following IBBL. This was undoubtedly IBBL's success, he said.
IBBL Assistant Vice-President and Branch Manager ASM Rezaul Karim, Managing Director of Meridian Group ASM Kamal Pasha, Managing Director of Hera Holdings Neazer Rahman, Adviser of Chittagong Stock Exchange Abu Bakar Siddique and Editor and Publisher of Dainik Karnaphuli Afsar Uddin Chowdhury also spoke on the occasion.
On the occasion, a seminar on 'Islamic Economics and Banking' was organised by OR Nizam Road branch of IBBL on the branch premises.
IBBL Managing Director M Fariduddin Ahmad made the comment while inaugurating the 201st branch of the bank at MM Tower on OR Nizam Road in Chittagong Sunday, said a press release.
President of Bangladesh Medical Association in Chittagong Dr Golam Mortuza was present as the special guest while Head of Chittagong Zone and Executive Vice President of IBBL Abul Hossain presided over the function.
Speaking on the occasion, Mr Fariduddin said the IBBL was established to set up Islamic economics in the country, free from bad effect of usury. Many other banks had started Islamic banking activities following IBBL. This was undoubtedly IBBL's success, he said.
IBBL Assistant Vice-President and Branch Manager ASM Rezaul Karim, Managing Director of Meridian Group ASM Kamal Pasha, Managing Director of Hera Holdings Neazer Rahman, Adviser of Chittagong Stock Exchange Abu Bakar Siddique and Editor and Publisher of Dainik Karnaphuli Afsar Uddin Chowdhury also spoke on the occasion.
On the occasion, a seminar on 'Islamic Economics and Banking' was organised by OR Nizam Road branch of IBBL on the branch premises.