Islami Bank
No bank closures despite financial struggles: Salehuddin
The adviser made these remarks today during a press conference at the Secretariat in Dhaka
Islami Bank to realise Tk 10,000cr by selling S Alam Group’s stake
Islami Bank Bangladesh plans to sell the S Alam Group’s stake in the bank to realise dues of around Tk 10,000 crore from the controversial conglomerate.
Islami Bank to raise Tk 10,000 crore by selling S Alam Group's stake
The bank also intends to invite its former foreign shareholders, including Al Rajhi and the International Finance Corporation, to re-engage with the institution
Islami Bank incurs Tk 89 crore in loss in Q3
However, the bank made a profit of Tk 267 crore in the Jan-Sep period
Former Islami Bank chairman returns home after a decade
Abu Nasser Muhammad Abduz Zaher resigned from the bank and left for London in 2015
S Alam Group took over half of Islami Bank’s total loans, says new IBBL chairman
Chattogram-based conglomerate S Alam Group has taken more than half of the total loans disbursed by Islami Bank Bangladesh Ltd (IBBL), according to the bank’s newly appointed Chairman Md Obayed Ullah Al Masud
‘I was forced to step down’
Islami Bank’s former managing director Abdul Mannan had not appeared or spoken publicly since S Alam Group took control of the bank in March 2017.
BB loses Tk 55cr in forex deals with Islami Bank
The Bangladesh Bank has incurred a loss of Tk 55 crore from its foreign exchange deal with Islami Bank centring the introduction of the crawling peg exchange rate system.
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.
No bank closures despite financial struggles: Salehuddin
The adviser made these remarks today during a press conference at the Secretariat in Dhaka
Islami Bank to realise Tk 10,000cr by selling S Alam Group’s stake
Islami Bank Bangladesh plans to sell the S Alam Group’s stake in the bank to realise dues of around Tk 10,000 crore from the controversial conglomerate.
Islami Bank to raise Tk 10,000 crore by selling S Alam Group's stake
The bank also intends to invite its former foreign shareholders, including Al Rajhi and the International Finance Corporation, to re-engage with the institution
Islami Bank incurs Tk 89 crore in loss in Q3
However, the bank made a profit of Tk 267 crore in the Jan-Sep period
Former Islami Bank chairman returns home after a decade
Abu Nasser Muhammad Abduz Zaher resigned from the bank and left for London in 2015
S Alam Group took over half of Islami Bank’s total loans, says new IBBL chairman
Chattogram-based conglomerate S Alam Group has taken more than half of the total loans disbursed by Islami Bank Bangladesh Ltd (IBBL), according to the bank’s newly appointed Chairman Md Obayed Ullah Al Masud
‘I was forced to step down’
Islami Bank’s former managing director Abdul Mannan had not appeared or spoken publicly since S Alam Group took control of the bank in March 2017.
BB loses Tk 55cr in forex deals with Islami Bank
The Bangladesh Bank has incurred a loss of Tk 55 crore from its foreign exchange deal with Islami Bank centring the introduction of the crawling peg exchange rate system.
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.