Bogra Zone of Islami Bank Bangladesh Limited organised a Business Development Conference at Rural Development Academy, Bogra Saturday. Mohammad Abdul Mannan, Managing Director of the Bank presided over the conference.
Islami Bank Bangladesh Limited (IBBL) has taken a move to turn the northern region of Bangladesh into an agro-based industrial zone of the country through massive investment in SME.
"We account for one-fourth of the total banking investment in the N-zone of the country and a teeming million of this region will be benifitted from our bank’s investment in SME," a senior executive of IBBL told the Business Development Conference of the bank's Bogra Zone held at Rural Development Academy, Bogra Saturday.
Mohammad Abdul Mannan, Managing Director of the Bank presided over the conference.
The IBBL MD said the bank has invested a total of Tk 120 billion (12,000 crore) to develop the SME in north Bengal in the last five years.
The SME units of the area are auto rice mills, husking mills, weaving factory, flour mills, oil mills, feed mills, cold storage, light engineering, RMG, weaving, sweetmeat, bakery, poultry, hatchery etc.
There are 600 auto rice mills and 29 cold storage mills in the N-zone of Bangladesh.
Humayun Bokhteyar, ACPA, FCA, Director of the bank addressed the conference as chief guest. Mohammad Ali, Executive Vice President and Head of Investment Administration Division, Md. Kawsar-ul-Alam, Executive Vice President and Head of Asset Management Division and Md. Motiar Rahman, Executive Vice President and Head of Bogra Zone along with IBBL executives, managers, Manager operations and selected officials of 19 branches under the Zone attended the day-long conference.
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