The New Nation - Internet Edition

BUSINESS REPORT

Social Investment Bank Limited (SIBL) has opened its 26th branch at Eliotganj, Comilla on October 30 last.

SIBL Chairman Abdul Awal Patwary formally inaugurated the branch as chief guest.

SIBL Vice Chairman Alhajj Nasiruddin and Md Saidur Rahman and Director Munshi Akhtaruzzaman were present as special guests at the opening ceremony which was presided over by the bank's Managing Director KM Ashaduzzaman.

SIBL Directors Kamal Uddin Ahmed and Md Anisul Haque also spoke the occasion. Directors, shareholders, industrialists, businessmen and renowned personalities of the locality were present at the occasion.

In his speech, Abdul Awal Patwary said the difference between the SIBL and other traditional banks is Shariah. As an Islamic bank SIBL works for the good of the poor people.

He explained the three-sector model of the bank and urged the people to provide co-operation to implement the programmes of SIBL.

He also lauded the state of the art information technology including on line banking services of SIBL.

The Managing Director of SIBL said Cash Waqf is a unique product of SIBL, which may contribute to the development of mass people and SIBL is the pioneer that is implementing this program.

KM Ashaduzzaman, Managing Director narrated the three-sector model of the bank before the audience and hoped that through implementing these unique programmes SIBL can contribute to a great extent to the economy of the country. He said from the beginning SIBL is providing electronic banking services to its clients.

He promised to render most modern banking services being equipped with state-of-the-art automation technology.