Islami Bank Bangladesh

Islami Bank MD sent on forced leave

Md Omar Faruk Khan made acting managing director

Economy can’t go forward without Islami Bank: BB governor

Ahsan H Mansur opens a branch of the bank in Ghatail of Tangail

Islami Bank MD forced out of office

Mohammed Monirul Moula, the managing director of Islami Bank Bangladesh, has not gone to his workplace since December 19 when he was forced to leave by a group of officials.

Stocks fall after two-day rise

Major indices of the stock market in Bangladesh fell yesterday, snapping a two-day gaining streak as investors cautiously traded select shares to pocket short-term gains amid price fluctuations resulting from earnings disclosures by listed companies..The DSEX, which reflects the cumulative

Stocks fall on poor performance of large companies

Indexes of the stock market in Bangladesh declined yesterday on rising the day before, largely due to the poor performance of Islami Bank Bangladesh along with the large-cap and blue-chip shares amid sales pressures..Large-cap refers to shares which account for large amounts in market capi

Stocks continue to bleed

Stock markets in Bangladesh maintained a downward trend for a third consecutive day yesterday, with the values of a majority of shares marking a significant drop..The shares of companies like Islami Bank Bangladesh, BRAC Bank, Square Pharmaceuticals, British American Tobacco Bangladesh, Re

Can we change the story of our ailing banks?

Restoring trust in the banking sector is crucially important

The robbing of Islami Bank

How could two state institutions participate in this process?

How Islami Bank was taken over ‘at gunpoint’

Islami Bank, the largest private bank by deposits in 2017, was a lucrative target for Sheikh Hasina’s cronies when an influential business group with her blessing occupied it by force – a “perfect robbery” in Bangladesh’s banking history.

September 5, 2023
September 5, 2023

Islami Bank share sees record transaction

Tk 524 crore worth of shares of the bank change hands at Ctg bourse today

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 10, 2023
July 10, 2023

Three corporates sell off entire shareholding at Islami Bank

Armada Spinning Mills Ltd, Kingsway Endeavors Ltd and Uniglobe Business Resources Ltd sold their 9.07% stakes in the bank

May 29, 2023
May 29, 2023

StanChart breaks record with Tk 1,655 crore profits

No bank in Bangladesh has ever made so much profit in a year

April 5, 2023
April 5, 2023

Another Islami Bank top official resigns

A DMD resigns a week after similar departure of another additional managing director

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 6, 2022
December 6, 2022

Probe S Alam Group assets

Prime Minister Sheikh Hasina has called for an investigation into the affairs of S Alam Group, which has been in the public discourse in recent times for its alleged excessive borrowing from the banking system in violation of rules.

December 1, 2022
December 1, 2022

Kamal doesn’t know what is wrong with the banking sector

Islami Bank, Social Islami Bank and First Security Islami Bank lent about Tk 9,500 crore under suspicious circumstances, as reported by different media. Of the sum, Tk 7,246 crore has been taken from Islami Bank alone.

July 26, 2022
July 26, 2022

High Court: Most serious crimes are committed in banking sector

The High Court today (July 26, 2022) observed that the most serious crimes are being committed in the banking sector of the country.

February 3, 2022
February 3, 2022

Islami Bank Bangladesh's rejoinder and our reply

Islami Bank Bangladesh Ltd (IBBL) has sent a rejoinder to a report headlined “6pc private bankers lose jobs during pandemic” published in The Daily Star on February 1.