Islami Bank

Our banking sector, where no rules apply for vested quarters

In the banking sector of Bangladesh, exemptions from rules and regulations for powerful loan defaulters seem to be the default rules.

Cash-strapped Islami Bank lends to AnonTex

Distressed Islami Bank has approved a Tk 700 crore loan to a concern of AnonTex Group, one of the five large borrowers of Janata Bank that has been enjoying undue facilities despite making negligible repayment in 13 years.

Islami Bank tightens lending to mend health

Islami Bank has tightened its lending activities as the embattled bank looks to shore up its financial health by September.

Saudi investor withdraws director from Islami Bank

Saudi investor Arabsas Travel & Tourist Agency has withdrawn its director from the board of Islami Bank Bangladesh PLC, according to a report of the bank.

Lenovo partners with Islami Bank for tech development

Lenovo, a multinational technology company, has partnered with Islami Bank, a local commercial bank, to provide 1,500 units of ThinkCentre Neo 50T laptops. The collaboration is a part of the two company's steps towards technological development, with Lenovo providing the bank with continuous technical support whenever required.

Islami Bank’s profit rises slightly

Islami Bank Bangladesh Ltd’s profit grew 1.4 percent year-on-year to Tk 343.33 crore in the January-June half of 2023.

Islami Bank remains top remittance collector

Islami Bank Bangladesh Ltd (IBBL) retained its top spot as the biggest remittance collector as it brought home the highest amount of funds sent home by migrant workers in January-March of 2023, official figures showed.

Forex market continues to stay under pressure

Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.

Islami Bank takes emergency Tk 8,000cr from BB

Islami Bank has started to avail a central bank facility that is only summoned during extraordinary circumstances, as the Shariah-based lender looked to dress up its balance sheet ahead of the year’s end.

September 25, 2023
September 25, 2023

Our banking sector, where no rules apply for vested quarters

In the banking sector of Bangladesh, exemptions from rules and regulations for powerful loan defaulters seem to be the default rules.

September 17, 2023
September 17, 2023

Cash-strapped Islami Bank lends to AnonTex

Distressed Islami Bank has approved a Tk 700 crore loan to a concern of AnonTex Group, one of the five large borrowers of Janata Bank that has been enjoying undue facilities despite making negligible repayment in 13 years.

August 10, 2023
August 10, 2023

Islami Bank tightens lending to mend health

Islami Bank has tightened its lending activities as the embattled bank looks to shore up its financial health by September.

August 8, 2023
August 8, 2023

Saudi investor withdraws director from Islami Bank

Saudi investor Arabsas Travel & Tourist Agency has withdrawn its director from the board of Islami Bank Bangladesh PLC, according to a report of the bank.

August 7, 2023
August 7, 2023

Lenovo partners with Islami Bank for tech development

Lenovo, a multinational technology company, has partnered with Islami Bank, a local commercial bank, to provide 1,500 units of ThinkCentre Neo 50T laptops. The collaboration is a part of the two company's steps towards technological development, with Lenovo providing the bank with continuous technical support whenever required.

July 27, 2023
July 27, 2023

Islami Bank’s profit rises slightly

Islami Bank Bangladesh Ltd’s profit grew 1.4 percent year-on-year to Tk 343.33 crore in the January-June half of 2023.

May 21, 2023
May 21, 2023

Islami Bank remains top remittance collector

Islami Bank Bangladesh Ltd (IBBL) retained its top spot as the biggest remittance collector as it brought home the highest amount of funds sent home by migrant workers in January-March of 2023, official figures showed.

January 5, 2023
January 5, 2023

Forex market continues to stay under pressure

Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.

January 2, 2023
January 2, 2023

Islami Bank takes emergency Tk 8,000cr from BB

Islami Bank has started to avail a central bank facility that is only summoned during extraordinary circumstances, as the Shariah-based lender looked to dress up its balance sheet ahead of the year’s end.

December 18, 2022
December 18, 2022

Bangladesh Bank looked away as tycoons borrowed at will from 2 banks

On edge -- is what best describes the sensation surrounding the banking sector. But the Bangladesh Bank higher-ups were warned as early as October 2021 that such a situation might transpire. Yet, no definitive action was taken then.

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