Total deposit of Islami Bank shows 19 per cent growth
Monday, 6 April 2009
FE Report
The total deposit of Islami Bank Bangladesh Limited (IBBL) reached Tk 206.51 billion (20,651 crore) on March 31 this year, showing the growth rate of 19 per cent against the same period of the last year.
This was disclosed at the performance review meeting of the top executives of head office and zonal heads of the bank held at its head office in the city Saturday, said a press release.
IBBL Board of Directors Chairman Abu Nasser Muhammad Abduz Zaher was present as the chief guest, while its Executive Committee (EC) Chairman Mominul Islam Patwary attended the meeting as the special guest.
Chaired by IBBL Managing Director M Fariduddin Ahmad, the meeting was addressed, among others, by DMDs Mohammad Shamsul Haque, Mohammad Abdul Mannan, Md Habibur Rahman and Md Setaur Rahman along with zonal heads and top executives of its head office.
The bank has achieved the leading position in deposit, investment and handling foreign exchange business in private sector banking.
The IBBL's total investment reached Tk 202 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 including imports of Tk 35.04 billion, exports of Tk 25.71 billion and remittance of Tk 44.58 billion.
The bank has been discharging banking service through its own largest online network across the country, the meeting disclosed.
One hundred and eleven (111) branches out of 196 branches and 10 SME service centres have been brought under online service, it mentioned.
The bank has been providing modern banking service through ATM, Spot Cash, SMS banking, e-IBS, SWIFT, Locker service and payment of utility bills.
The bank has also taken initiative to enhance ATM service by setting up 200 more ATM booths besides the existing 26 ATM booths.
The total deposit of Islami Bank Bangladesh Limited (IBBL) reached Tk 206.51 billion (20,651 crore) on March 31 this year, showing the growth rate of 19 per cent against the same period of the last year.
This was disclosed at the performance review meeting of the top executives of head office and zonal heads of the bank held at its head office in the city Saturday, said a press release.
IBBL Board of Directors Chairman Abu Nasser Muhammad Abduz Zaher was present as the chief guest, while its Executive Committee (EC) Chairman Mominul Islam Patwary attended the meeting as the special guest.
Chaired by IBBL Managing Director M Fariduddin Ahmad, the meeting was addressed, among others, by DMDs Mohammad Shamsul Haque, Mohammad Abdul Mannan, Md Habibur Rahman and Md Setaur Rahman along with zonal heads and top executives of its head office.
The bank has achieved the leading position in deposit, investment and handling foreign exchange business in private sector banking.
The IBBL's total investment reached Tk 202 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 including imports of Tk 35.04 billion, exports of Tk 25.71 billion and remittance of Tk 44.58 billion.
The bank has been discharging banking service through its own largest online network across the country, the meeting disclosed.
One hundred and eleven (111) branches out of 196 branches and 10 SME service centres have been brought under online service, it mentioned.
The bank has been providing modern banking service through ATM, Spot Cash, SMS banking, e-IBS, SWIFT, Locker service and payment of utility bills.
The bank has also taken initiative to enhance ATM service by setting up 200 more ATM booths besides the existing 26 ATM booths.