Islami Bank Bangladesh Limited
The establishment of Islamic Bank Bangladesh Limited on March 13, 1983, is the true reflection of this inner urge of its people, which started functioning with effect from March 30, 1983. This Bank is the first of its kind in Southeast Asia. It is committed to conduct all banking and investment activities on the basis of interest-free profit-loss sharing system. With the active co-operation and participation of Islamic Development Bank (IDB) and some other Islamic banks, financial institutions, government bodies and eminent personalities of the Middle East and the Gulf countries, Islamic Bank Bangladesh Limited has by now earned the unique position of a leading private commercial bank in Bangladesh.
Corporate information: (As on Diary 2012 of IBBL) Date of Incorporation | 13th March 1983 | Inauguration of 1st Branch
(Local office, Dhaka) | 30th March 1983 | Formal Inauguration | 12th August 1983 | Share of Capital | a. Local Shareholders | 41.43% | b. Foreign Shareholders | 58.57% | Authorized Capital | Tk. 20,000.00 million | Paid-up Capital | Tk. 10007.71 million | Deposits | Tk. 335578.00 million | Investments (including Investment in Shares) | Tk. 329906.00 million | Foreign Exchange Business | Tk. 610199.00 million | Number of BranchesincludingSME/ Agricultural Branches | 276 | Number of Zone | 7 | Number of Shareholders | 60564 | Manpower | 10986 | No.of ATM Booth including Own & Share | 1100 |
MISSION OF IBBL
To establish Islamic banking through the introduction of a welfare oriented banking system and also ensure equity and justice in the field of all economic activities, achieve balanced growth and equitable development through diversified investment operations particularly in the priority sectors and less developed areas of the country, to encourage socio-economic uplift and financial services to the low income community particularly in the rural