The New Nation - Internet Edition

BUSINESS REPORT

Total deposit of Islami Bank Bangladesh Limited stood at Tk 179,379 million as on May 31, 2008 showing a growth of 24 per cent against the corresponding period of the previous year.

In the same period the bank invested Tk 191,728 million with a growth of 32 per cent. The bank handled foreign business of Tk 186,586 showing a growth of 93 per cent against the corresponding period of the previous year.

The volume of import of the bank during the period was Tk 94,020 million registering a growth of 128 per cent, export was Tk 38,339 million registering a growth of 49 per cent and remittance was Tk 54,227 million showing a growth of 82 per cent.

The information was disclosed in a Performance Review Meeting of Zonal Heads of Dhaka North, South and Central Zones and Branch Managers of Dhaka City held recently at Board Room of the bank at Islami Bank Tower. Presided over by M Fariduddin Ahmad, Managing Director of the bank, the meeting was attended, among others, by top executives of head office including Mohd Shamsul Haque, Mohammad Abdul Mannan and Md Habibur Rahman, Deputy Managing Directors.

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