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Thu September 09, 2010
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IBBL's own ATM officially inaugurated on 21st December 2009 .... ||.... Islami Bank Bangladesh Limited proudly presents its own ATM network for the valued clients. Currently running with 33 Own ATM and 40 shared ATM booths with ETN covering the area- Dhaka, Chittagong, Rajshahi, Kustia, Barishal, Bashurhat, Choumohoni, Mymensingh, Manikgonj, Sylhet .... ||.... Phase by phase, IBBL will expand its own ATM network countrywide .... ||.... You may withdraw cash, pay BTTB, GrameenPhone, CityCell and AkTel bills and monthly installments of MSS, Hajj, Muhor and HDS schemes .... ||.... Contact to your nearest branch to get an IBBL ATM card soon.

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Achievements

National and international ratings of IBBL

IBBL's past performances have been evaluated by Bangladesh Bank, several credit rating agencies home  & abroad and by the local press.

 

International Press

“In the midst of a difficult Banking system known to be plagued by high non-performing loans (NPLs), one could easily conclude that it would be difficult to find a bank that is different from norm. However, IBBL provides a refreshing change and is, thus, a pleasant surprise. Although it does not command the market share as the 4 public sector banks, IBBL, which claims to have little interference in lending from the government, has nonetheless, managed to find a niche market of its own-says the ‘BANK ATCH’ a New York based international Credit Rating Agency in its January 30, 1998 issue. “As a market leader offering banking services based on the Islamic rule of Shariah, IBBL's profitability trend has been quite impressive. The Bank's ability to keep its return on asset (ROA) well above the industry's average, reflected its resilience to possible shocks in the banking system. Concerns over massive NPLs and under provisioning are common amongst local banks.  But this seems well resolved in IBBL. IBBL's good performance and solid capital base have indeed provided refreshing change found within a banking system saddled and held back by huge NPLs” the above agency continued to comment in the same issue.

 

National Press 

“It is one of a few local banks according to CAMEL (Capital, Assets, Management, Earnings & Liquidity) rating made by the Bangladesh Bank. It holds the highest amount of liquidity among all banks and its ability to keep return on assets at 1.07 percent is well above the banking sector's average of 0.33 percent”- The Financial Express, Dhaka commented in its issue of May 28,1998.

“The Holiday” in its 29th August, 1997 issue carried out a report under the heading “Setting a precedence of sound banking” and commented “While the country's banking system is burdened with bad debt portfolios and also suffers from a liquidity shortage, the Islami Bank Bangladesh Ltd. (IBBL) has created a unique precedence by improving its reserve and deposit positions substantially, making handsome profits, and offering attractive dividends to its share holders and depositors.”

 

 IBBL's World rating

As per Bankers' Almanac (January 2001 edition) published by the Reed Business Information, Windsor Court, England, IBBL's world Rank is 1771 among 3000 banks selected by them. This position was 1902 among 4500 selected banks as on January 1999 edition.

IBBL's country Rank is 5 among 39 banks as per ratings made by the above Almanac on the basis of IBBL's Financial Statements of the year 2001.

 

Award and Prizes: International & National Perspective

IBBL was awarded for several times by international & national organisations. The Global Finance, a reputed London based quarterly magazine, awarded IBBL as the best bank of the country for the year 1999 and 2000.

IBBL has got the 2nd prize of National Export Fare for its pavilion of Service Organisation in 1985.

 

Membership of Different Organization / Chamber
Local:

  1. Bangladesh Institution of Bank Management (BIBM)

  2. The Institution of Bankers Bangladesh (IBB)

  3. Bangladesh Association of Banks (BAB)

  4. Bangladesh Foreign Exchange Dealers' Association (BAFEDA)

  5. Central Shariah Board for Islamic Banks of Bangladesh

  6. International Chamber of Commerce- Bangladesh

 Foreign:

  1. International Association of Islamic Banks (IAIB), Jeddah, K.S.A.

  2. Accounting and Auditing Organizations for Islamic Financial Institutions (AAOIFI), Manama, Bahrain.

  3. General Council of Islamic Banks & Financial Institutions (GCIBFI), Manama, Bahrain (IBBL is a member of its Executive Council)

  4. Society for Worldwide Inter-bank Financial Telecommunication (SWIFT)

5 Sep, 2010
Bhanga SME/Krishi Branch of Islami Bank Bangladesh Limited was inaugurated as its 239th Branch on Sunday, September 05, 2010

29 Aug, 2010
Burichang SME/Krishi Branch of Islami Bank Bangladesh Limited was inaugurated as its 238th Branch at M.A. Gani Road, Burichang, Comilla on Sunday, August 29, 2010.

28 Aug, 2010
A Seminer on “Application of Maqasid al Shari’ah in Islami Bank” organized by Shari’ah Council Secretariat of Islami Bank Bangladesh Limited

26 Aug, 2010
A discussion meeting on "Present Status of Bangladesh Capital Market with Special Reference to IBBL''

25 Aug, 2010
Stance of Islami Bank Bangladesh Limited regarding recently published news in different national dailies about donation to build the Liberation War Museum

22 Aug, 2010
Baneswar Branch of Islami Bank Bangladesh Limited was inaugurated as its 237th Branch at Haque Market, Baneswar Bazar, Putia, Rajshahi

17 Aug, 2010
Islami Bank Bangladesh Limited decided to donate Tk.10.1 Million as a contribution for the construction of Liberation War Museum

14 Aug, 2010
Discussion meeting on ‘‘Ramadan, The Qur’an and Zakah” and Iftar Mahfil was held on 14 August 2010

11 Aug, 2010
Islami Bank Bangladesh Limited was inaugurated as its 236th Branch at Sujanagar, Pabna, on Wednesday, August 11, 2010

8 Aug, 2010
Cultural Programme of Islami Bank Central Zone

6 Aug, 2010
Dilip Barua, Minister for Industry is distributing crest among the students as the Chief Guest at the Reception Program to the Golden GPA holders in SSC and equivalent examination in the year 2010 on Friday, August 6, 2010

1 Aug, 2010
Hatkhola Chawkbazar Branch of Islami Bank Bangladesh Limited was inaugurated as its 234th Branch

26 Jul, 2010
233rd Branch at Golam Ambia Alam Market, Ullapara Bazar, Sirajganj on Monday, July 26, 2010

24 Jul, 2010
Total remittance of Islami Bank Bangladesh Limited has stood at 149 crore US Dollar as on June 2010

24 Jul, 2010
Expatriate Customer Service program of Islami Bank Bangladesh Limited was held on Sunday, July 24, 2010

19 Jul, 2010
The inaugural function of “2 month long internship program” organised by Islami Bank Training & Research Academy (IBTRA)

19 Jul, 2010
Condolence of deceassed IBBL Offcial.

17 Jul, 2010
Islami Bank Bangladesh Limited planted tree saplings recently at Bathua Madrasha premises, Chittagong

15 Jul, 2010
Reception Program to the students who achieved golden GPA in SSC and equivalent examination in the year 2010

12 Jul, 2010
A Workshop on “Money Laundering Prevention Training Program-2010'' was held recently in Nilphamari

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