Islami Bank Bangladesh on Monday dismissed eight senior officials, including five deputy managing directors, of the bank on allegations of collaborating with S Alam Group in conducting irregularities...
The Bangladesh Bank on Monday restricted S Alam Group-controlled six banks from issuing new loans to safeguard depositors鈥� money...
The Bangladesh Bank on Tuesday asked all scheduled banks not to honour cheques exceeding Tk聽1 crore from nine banks, most of which are controlled by S Alam Group...
At least six employees of Islami Bank were injured as unidentified attackers opened fire while a group of bank officials tried to resist another group of staff from storming...
Islami Bank Bangladesh has blocked a total of Tk聽892 crore in deposit withdrawal requests made by anonymous companies allegedly linked to the controversial S Alam Group...
A group of aggrieved employees of Islami Bank Bangladesh on Tuesday demonstrated in front of the bank鈥檚 head office at Motijheel in the capital Dhaka, protesting against being deprived of official benefits and promotions over the years...
Loan disbursements from Shariah-based banks have significantly increased despite a sharp decline in deposit collection in December and January...