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IBBL to open 15 branches, 10 SME centres soon

Tuesday, 14 April 2009


Islami Bank Bangladesh Limited (IBBL) is going to inaugurate 15 new branches and 10 new SME service centres in the country soon, says a press release.
With these the number of branches will stand at 211, and SME service centres at 20.
The branches of IBBL will be set up at Motijheel and Badda in Dhaka city, Sreenagar of Munshiganj, Khagrachari, OR Nizam Road and Raozan of Chittagong, Kotachandpur of Jhenidah, Chandina of Comilla, Matlab of Chandpur, Sundarganj of Gaibandha, Barogola of Bogra, Mohadevpur of Naogaon, Zindabazar of Sylhet, Bhandaria of Pirojpur and Fulbaria of Mymensingh.
The SME service centers will be inaugurated at Sonargaon of Narayanganj, Kalampur of Savar, Baro Darogar Hat of Chittagong, Kahalu of Bogra, Borhanuddin of Bhola, Santahar of Naogaon, Fultala of Khulna, Akhaura of Brahmonbaria, Daudkandi of Comilla and Muktagacha of Mymensingh.
IBBL has been able to hold the leading position in deposit, investment and handling foreign exchange business in private sector banking.
The total deposit reached Tk 206.51 billion on March 31, 2009 showing the growth rate of 19 per cent against the same period of the last year.
The total investment reached Tk 202.00 billion showing the growth rate of 15 per cent against the same period of the last year.
The bank handled foreign exchange business amounting to Tk 105.33 billion through import worth Tk 35.04 billion, export of Tk 25,71 billion and collected remittance of Tk 44.58 billion.
Through the new branches and SME service centres, services of IBBL will reach the rural areas of the country. In the meantime, the bank has started the largest online service through bringing the branches under online network.