Wednesday, April 17, 2024

Belal Ahmed now SIBL’s acting chairman

Business Desk : Social Islami Bank Ltd (SIBL) has appointed Belal Ahmed as the acting chairman of its board of directors after Md Mahbub Ul Alam resigned. Previously, he served the bank’s board as vice-chairman. Ahmed is the son-in-law of Mohammed Saiful Alam, the chairman of Chattogram-based S Alam Group. He represents Unitex Steel ... Read more

SIBL inaugurates Asset Development Campaign

Business Desk : Social Islami Bank Limited (SIBL) has launched a three-month special campaign, styled “Asset Development Campaign”, with the aim to create awareness about quality investment and timely repayment for the socio-economic development of the country. Zafar Alam, managing director and chief executive officer of SIBL, inaugurated the campaign as chief guest at ... Read more

Western Union, Bank Asia, SIBL launch outbound remittance service

Western Union in collaboration with Bank Asia Ltd and Social Islami Bank Ltd (SIBL) launched outbound remittance services for the first time in Bangladesh at an event at Westin Dhaka recently. Humayun Kabir, executive director (foreign exchange policy department) of Bangladesh Bank, Md Arfan Ali, president and managing director of Bank Asia, and Zafar Alam

3 more banks to offer offshore banking

The Bangladesh Bank is going to allow three more commercial banks to open offshore banking branches to utilise the country’s foreign currency reserve more effectively and boost competition among the banks. The banks can open their offshore banking units in areas of their choice. The central bank has already finalised the process of approving the ... Read more