GIB rebuilds Shariah supervisory committee
Global Islami Bank on Thursday reconstituted its six-member Shariah supervisory committee, said a press release.
Tags : Islami Bank
Islami Bank inaugurates Mehendiganj sub-branch
Islami Bank Bangladesh PLC inaugurated Mehendiganj sub-branch under Barishal Branch in Barishal on Sunday.
Islami Bank MD forced to leave office
Islami Bank Bangladesh Limited managing director Mohammed Monirul Moula has remained absent in the office since Sunday as he has been barred by a group of officials from entering the office on allegations of continuing his support to controversial S Alam group.
Rafat Ullah becomes AMD, CRO of AIBPLC
Mohd Rafat Ullah Khan has been appointed as additional managing director and chief risk officer of Al-Arafah Islami Bank PLC, said a press release.
47th general meeting of Central Shariah Board held
The 47th general meeting of the Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) was held at 4:00pm on Thursday at the head office of Shahjalal Islami Bank...
Tk 1,092cr Islami Bank Loan Scam: S Alam鈥檚 son, bank MD, ex-chair, 55 others sued
The Anti-Corruption Commission on Thursday filed a case against 58 people, including S Alam鈥檚 family members, Islami Bank managing director Mohammad Monirul Moula and its former chairman Ahsanul Alam, on charges of Tk 1,092 crore embezzlement through loan forgery...
FSIB employees hold protest outside S Alam residence
Officials and employees of the privately-owned First Security Islami Bank staged a protest in front of the residence of S Alam Group鈥檚 owner in Chattogram, demanding repayment of Tk 35,000 crore...
Dismissed employees of S Alam-owned banks block road in Ctg
The dismissed officers and employees of three private banks owned by the S Alam Group staged a protest by blocking the Chattogram-Cox鈥檚 Bazar highway on Sunday morning, demanding their reinstatement...
Union Bank, FSIB sack 456 officers over S Alam Group connections
Union Bank PLC and First Security Islami Bank PLC have dismissed a total of 456 officers, allegedly appointed under the influence of controversial S Alam Group bypassing established recruitment protocols...
FSIB withdraws 194 officials over corruption related to S Alam Group
First Security Islami Bank has taken decisive action against officials implicated in money laundering and issuing fraudulent loans to S Alam Group. The bank has withdrawn 194 officials, including 24 branch managers from its Chattogram region, in a sweeping move to address the irregularities...
IBBPLC aims to recover Tk聽10,000cr by selling S Alam Group鈥檚 shares
Islami Bank Bangladesh PLC has decided to recover about Tk聽10,000 crore of loans by selling shares held by controversial S Alam Group, said the bank鈥檚 chairman, Obayed Ullah Al Masud, on Monday...
Mahmood becomes DMD of AIBPLC
Kazi Mahmood Karim has recently been promoted as deputy managing director of Al-Arafah Islami Bank PLC, according to a press release...
Islami Bank appoints audit firms to investigate irregularities after S Alam Group takeover
Islami Bank PLC鈥檚 board of directors have appointed four audit firms to investigate irregularities in the bank after it was occupied by S Alam Group, according to a board member who confirmed the development to UNB.
Islami Bank gets 6 DMDs
Mahmudur Rahman, Md Rafiqul Islam, Muhammad Sayeed Ullah, KM Munirul Alam Al-Mamoon, M Kamaluddin Jasim and Md Maksudur Rahman have been promoted to deputy managing directors of Islami Bank Bangladesh PLC, said a press release...
SIBL sacks 579 officers appointed by S Alam
Social Islami Bank has terminated 579 assistant officers reportedly appointed under the influence of the S Alam Group in violation of the bank鈥檚 hiring protocol...
Saadat becomes SIBPLC DMD
Md Nazmus Saadat has been appointed as deputy managing director of Social Islami Bank PLC, said a press release...
SIBL recovers Tk 794cr loans in 2 months, says new chair
Social Islami Bank PLC (SIBL) is making a swift recovery from years of alleged mismanagement and recovered about Tk聽794 crore in loans in the past couple of months, according to the...
Shabbir joins ONE Bank as AMD
Shabbir Ahmed has joined ONE Bank PLC as its additional managing director with effect from October 3, said a press release...
BSEC asks DSE to probe price surge of IBBL shares
The Bangladesh Securities and Exchange Commission on Wednesday instructed the Dhaka Stock Exchange to investigate the recent surge in Islami Bank鈥檚 share prices...
Mannan elected IBCF chair
Mohammad Abdul Mannan, chairman of First Security Islami Bank, has been elected chairman of Islamic Banks Consultative Forum during the forum鈥檚 64th meeting held on Sunday, said a press release...
Omar Faruk, Jamal Uddin join Islami Bank as AMDs
Md Omar Faruk Khan and Mohammad Jamal Uddin Mazumder have joined Islami Bank Bangladesh PLC as additional managing directors, said a press release...
Abu Reza joins FSIB as AMD
Abu Reza Md Yeahia has joined First Security Islami Bank PLC as additional managing director, said a press release...
Five crisis-hit banks to get cash support to return depositors鈥� funds
The Bangladesh Bank on Sunday agreed to provide credit guarantee to reassure other banks to lend to five financially troubled banks through the interbank money market, aiming to help these banks partially return funds to their depositors...
IBBL seeks BB guarantee for Tk聽1,100cr Sonali Bank loans
Crisis-hit Islami Bank Bangladesh PLC has sought Tk聽1,100 crore in loans from Sonali Bank through the interbank market and has urged the Bangladesh Bank to issue a guarantee for the loan...
S Alam group withdraws聽Tk 90,000cr from Islami Bank Bangladesh alone
The controversial S Alam Group has withdrawn over Tk 90,000 crore loans from Islami Bank Bangladesh alone, accounting for more than 50 per cent of the shariah-based bank鈥檚 total loan...
Mannan joins FSIB as chairman
Mohammad Abdul Mannan has joined First Security Islami Bank PLC as chairman of the bank鈥檚 reformed board of directors, said a press release...
BB gives IBBL $1.1b worth liquidity against fake dollar buying
Bangladesh Bank has provided total $1.1 billion equivalent in financial support to Islami Bank Bangladesh Limited since January based on a massively fraudulent dollar purchase quotation.
BB reforms BCBL, Al-Arafah boards
The Bangladesh聽Bank on Sunday dissolved the boards of the Bangladesh Commerce Bank and the AL Arafah Islami Bank, and appointed independent directors to the banks鈥� boards...
BB now frees FSIB PLC from S Alam grip
The Bangladesh Bank on Sunday dissolved the board of First Security Islami Bank PLC, which was under the control of controversial S Alam Group, and appointed independent directors to the bank board...
Chittagong port prohibits transactions with 9 banks
The Chittagong Port Authority has asked its branches and sub-branches to stop accepting pay orders, cheques and bank guarantees from nine troubled banks, seven of which were linked with S Alam Group...