IBBL inaugurates 5 new branches

The Islami Bank Bangladesh Limited inaugurated five new branches on Thursday.

They are – Dohazari Branch, Chattogram, Godagari Branch, Rajshahi, Hossainpur Branch, Kishoreganj, Muksudpur Branch, Gopalganj and Nangalkot Branch, Cumilla.

Md Mahbub ul Alam, Managing Director and CEO of the bank, was present at virtual inauguration programme as the chief guest. Mohammed Monirul Moula, Muhammad Qaisar Ali and Md Omar Faruk Khan, Additional Managing Directors of the bank, addressed the programme as special guest, the bank said in a press release.

Md Mosharraf Hossain, IBBL’s Deputy Managing Director, presided over the program. Head Office Executives & Officials, Head of concerned Zones & Branches, executives & officials, clients, well-wishers & dignitaries participated in the local functions and were also connected with the Head Office program virtually.

Alam said, “Islamic banking is a universal banking system. By providing welfare services to all people, IBBL has achieved global recognition. IBBL contributes significantly to the national foreign exchange reserve by collecting remittance.”

He said IBBL has achieved this position of excellence by dint of honesty and Shari’ah principles among its clients and officials as well as sincerity, dedication and modern technology rich services.

IBBL, the pioneer of Shari’ah banking, is currently providing state-of-art banking services through 366 Branches, 127 Sub-Branches, 1,604 Agent Banking Outlets and 1,065 own ATM/CRM Booths and about 11,000 shared ATMs and CRM booths.

Mentioning that the deposit of IBBL has crossed Tk1.11 trillion, he said the deposit of the bank has increased by about Tk 17,000 crore this year surpassing all records of the past.

IBBL is the only Bangladeshi bank in the list of top 1,000 banks in the world, the only AAA rated private bank in the country and World’s Best Islamic Bank CIBAFI Awarded bank which has become a symbol of trust and confidence of people of the country.

He directed the heads of branches and officials to work for the improvement of the living standards of the people of the country as well as the respective areas of these new branches.

He said Bangladesh economy is one of the fastest growing in the world and it is bouncing back from the challenges of Covid-19 under the visionary and prudent leadership of Prime Minister Sheikh Hasina. IBBL is playing an important role in this development.