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IBBL celebrates its 33rd anniversary
IBBL celebrates  its 33rd anniversary
 
Islami Bank Bangladesh Limited organised a get-together and discussion on the occasion of its 33rd anniversary at Muhammad Yunus Auditorium of Islami Bank Tower on March 30, 2016, Wednesday. Engr. Mustafa Anwar, Chairman of the bank was present in the program as chief guest. Presided over by Mohammad Abdul Mannan, Managing Director, Engr. Md. Eskander Ali Khan, Chairman, Executive Committe, Md. Abul Hossain, Director, Zakiuddin Ahmed and Engr. Muhammad Dawood Khan, Sponsors, M. Azizul Haque, M. Kamaluddin Chowdhury, M. Fariduddin Ahmed, Former CEOs, Deputy Managing Directors along Top executives addressed the function. Present and former executives of the bank were present on the occasion. Five new products and a mobile apps were launched on the occasion of 33rd anniversary. Get-together, discussion and special doa were arranged in all branches and zone offices of the Bank on the connection. Islami Bank started it journey on 30 March 1983 as the first Shariah based Bank of South and Southeast Asia.

Engr. Mustafa Anwar as chief guest said, Islami Bank has been working for mass welfare and development of the country since its inception. The bank now belongs to 10 million clients, which represent 25 per cent of the global Islamic banking customers. He said, Ready-made Garments and Remittance are two major pillars of Bangladesh economy. IBBL’s market share in these sectors is 21 per cent and 26 per cent respectively. He said, Islami Bank has been playing pioneering role in industralization of the country. About four thousand industries are running with IBBL finance. Forty five per cent of its total investment in industrial sector with 25 per cent market share in spinning and 21 per cent in iron and steel sectors. He expressed all out gratitudes to all customers and stakeholders for their confidence and support to this bank.

Engr. Md. Eskander Ali Khan said, Islami Bank has been leading foreign exchange business of the country with 11 per cent market share in export and 10 per cent in import financing. IBBL has raised 6 lac SME entrepreneurs of which 4.5 lac are women holding 16 per cent market share of the national SME finance. He said, in housing sector, Islami Bank’s market share 12 per cent accommodating 2.5 million people. In transport sector, IBBL’s market share is 18 per cent which facilitating 20 million people.

Mohammad Abdul Mannan said, Islami Bank has been working among 1 million marginal people of 19 thousand villages through microfinance. Eighty per cent beneficiaries are women. The bank handles 50 per cent of the global Islamic microfinance. He said, Islami Bank has been working in implementing the mechanism of Shari’ah following its objectives. Following IDB charter in 1974, Islami Bank was started in 1983 with joint venture of Bangladesh Government, Bangladeshi Enterprenures and reputed foreign organizations. The Bank is now only bank in Bangladesh among top thousand global banks

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