Islami Bank Bangladesh

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.

Bank accounts of 4 firms linked with S Alam’s personal secretary frozen

The BFIU found Tk 99.7 crore at the accounts of four companies of Md Akiz Uddin, also a former deputy managing director of Islami Bank Bangladesh

Islami Bank finally freed from S Alam Group

After seven years, S Alam Group’s control over Islami Bank ended yesterday after the Bangladesh Bank decided to dissolve the board of the country’s largest private sector bank that was heavily dominated by individuals linked to the conglomerate.

BB to dissolve Islami Bank board, take over shares of S Alam Group

All shares of S Alam Group will be taken over

November 17, 2024
November 17, 2024

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

November 13, 2024
November 13, 2024

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

October 9, 2024
October 9, 2024

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

September 9, 2024
September 9, 2024

Can we change the story of our ailing banks?

Restoring trust in the banking sector is crucially important

September 1, 2024
September 1, 2024

The robbing of Islami Bank

How could two state institutions participate in this process?

September 1, 2024
September 1, 2024

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.

August 26, 2024
August 26, 2024

Bank accounts of 4 firms linked with S Alam’s personal secretary frozen

The BFIU found Tk 99.7 crore at the accounts of four companies of Md Akiz Uddin, also a former deputy managing director of Islami Bank Bangladesh

August 22, 2024
August 22, 2024

Islami Bank finally freed from S Alam Group

After seven years, S Alam Group’s control over Islami Bank ended yesterday after the Bangladesh Bank decided to dissolve the board of the country’s largest private sector bank that was heavily dominated by individuals linked to the conglomerate.

August 21, 2024
August 21, 2024

BB to dissolve Islami Bank board, take over shares of S Alam Group

All shares of S Alam Group will be taken over

August 19, 2024
August 19, 2024

Islami Bank sacks 8 top officials amidst internal unrest

Islami Bank Bangladesh yesterday terminated its contracts with eight top officials amid unrest in the largest Shariah-based bank in the country following the political changeover.