Islami Bank

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.

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Saudi investor Arabsas Travel & Tourist Agency has withdrawn its director from the board of Islami Bank Bangladesh PLC, according to a report of the bank.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

September 24, 2024
September 24, 2024

Former Islami Bank chairman returns home after a decade

Abu Nasser Muhammad Abduz Zaher resigned from the bank and left for London in 2015

September 5, 2024
September 5, 2024

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

August 31, 2024
August 31, 2024

‘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.

August 11, 2024
August 11, 2024

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.

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.