Branch Opening Ghatail Tangail | Islami Bank Bangladesh PLC | Milestone | Governor Speech | Shorts

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Islami Bank Bangladesh PLC inaugurated its 400th Branch in Ghatail of Tangail on 28 December 2024, Saturday. Dr. Ahsan H. Mansur, Governor, Bangladesh Bank inaugurated the Branch as chief guest. Obayed Ullah Al Masud, Chairman of the bank presided over the event while Md. Abdul Jalil, Chairman, Executive Committee, Professor Dr. M. Masud Rahman, Chairman of Risk Management Committee, Md. Abdus Salam, FCA, FCS, Chairman, Audit Committee and Mohammad Khurshid Wahab, Independent Director were present as special guests. Mohammed Monirul Moula, Managing Director of the bank addressed welcome speech and Prof. Dr. Mohammad Abdus Samad, Member Secretary of Shari’ah Supervisory Committee presented a keynote on welfare-oriented banking. Md. Omar Faruk Khan, Additional Managing Director thanked the audience. Md. Altaf Hossain & Mohammad Jamal Uddin Mazumder, Additional Managing Directors were present in the program.

Dr. Ahsan H. Mansur, Governor, Bangladesh Bank in his speech as chief guest said, Islami Bank is the number one bank of the country. Country’s economy cannot go forward without Islami Bank. People has confidence over the Bank. As a result, it has turned around within the shortest time and now going forward smoothly. This Bank will not look back anymore.

He said, one fourth population of the country is closely connected with Islami Bank. Opening of 400th Branch is great achievement for this bank. The confusion, created over the Bank sector has been disappearing gradually. We have been working to pull out the Banking sector from the previous devastating situation. Islami Bank has come forward remarkably from the scenario of five months back. In the meantime, the Bank has gained seven thousand crore taka fresh deposit. The bank has also secured the top position in collecting foreign remittance.

He also said, Islami Bank had been established as an International Bank. Foreign investors invested here. We are trying to get them back. Islami Bank will come back as an International Bank again, he said. He envisaged that the Bank has the prospect to flourish ten times larger.

Obayed Ullah Al Masud, Chairman of the bank in his speech said, countrywide strong network of IBBPLC comprising with 400 branches, 265 sub-branches, 2800 agent outlets and more than 3000 ATM/CRM is the symbol of its popularity. The employees of this bank work with honesty and sincerity. It’s very rare to find so many honest & competent people under the same umbrella.

He also said, Islami Bank has been working for development of rural economy through its Rural Development Scheme across 34 thousand villages of the country. We want to extend this services to 68 thousand villages across the country.





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✅ IBBL at a Glance:
Islami Bank Bangladesh Limited is a Joint Venture Public Limited Company engaged in commercial banking business based on Islamic Shari'ah with 63.09% foreign shareholding having largest branch network ( total 450 Branches) among the private sector Banks in Bangladesh. It was established on the 13th March 1983 as the first Islamic Bank in the South East Asia.

It is listed with Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. Authorized Capital of the Bank is Tk. 20,000.00 million and Paid-up Capital is Tk. 16,099.91 million having 33,686 shareholders as on 31st December 2019.

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