The New Nation - Internet Edition

BUSINESS REPORT

'Islami Bank Bangladesh Limited will invest on priority basis to import, purchase and sell food and other essentials in the context of the present food crisis and keeping the price of essentials stable.'

Principal Moulana Zainul Abedin, Vice Chairman of the Board of Directors of the bank stated this while speaking at the inaugural session of Performance Review Meeting of the bank at the Board Room of Islami Bank Tower yesterday.

Presided over by M. Fariduddin Ahmad, Executive President, the meeting was attended by top executives of the Head Office and heads of Zone and Corporate Branches including Mohd. Shamsul Haque, Mohammad Abdul Mannan and Md. Habibur Rahman, Deputy Executive Presidents of the bank.

Mominul Islam Patwary Chairman, Executive Committee of the bank was present as the chief guest at the closing session of the meeting.

Principal Moulana Zainul Abedin, in his speech, urged the bankers to play a responsible role for keeping the prices of essentials stable and mitigate the sufferings of the country's people.

Besides, he called upon all to continue the speed of development of the country.

He urged all to make Islami Banking system popular. He also emphasised on compliance of Islami Shariah properly.

While speaking as the President, M. Fariduddin Ahmad urged all to increase skill of the employees and officials, mobilize new investment clients, arrest default culture and to enhance best investment.

The meeting disclosed information that the total deposit of the bank reached at Tk 173,177 million as on March 31 last, showing a growth rate of 22 per cent, against the corresponding period of the previous year. The total investment has reached at Tk 183,662 million, showing a growth rate of 34 per cent and the bank handled Foreign Trade and business amounting to Tk 111,059 million showing a growth rate of 26 per cent against the corresponding period of the previous year. The bank has maintained the top position in overall performance during the discussed period.