Investment by Islami Bank Bangladesh Limited has so far contributed to the creation of more than 4500 business establishments in the country’s industrial sector – including 1100 garment and 1000 textile factories, and 2500 agro-industrial firms.

The bank’s managing director and CEO Mohammed Monirul Moula made this claim while addressing the inauguration of the bank’s 382nd Branch at Sakhipur Upazila in Tangail district on Tuesday as the chief guest.

Apart from playing a leading role in the garment sector, the bank also has investments in the country's largest denim manufacturer and sugar refinery .

Md. Mahboob Alam, senior executive vice president of the bank presided over the program. J.Q.M. Habibullah, FCS, deputy managing director of the Bank, Julfikar Haider Kamal, Chairman, Sakhipur Upazila Parishad and Md. Abu Hanif Azad, freedom fighter and Mayor, Sakhipur Pourasabha, Bashir Ahamed, head of Mymensingh Zone of the bank, Mohammed Rafiqul Islam, Manager, Sakhipur Branch, among also spoke in the function.

Monirul Moula said in response to the ongoing Covid-19 pandemic, the Bangladesh government has announced 28 incentive packages worth Tk1.35 trillion, in which IBBL invested highest amount.

He said IBBL is the largest bank of the country and the only Bangladeshi bank amongst the top 1000 banks in the world for last 10 consecutive years.

IBBL is providing state-of-the-art services to its clients through 382 branches, 205 sub-branches, 2665 agent banking outlets and more than 2000 ATMs and CRM Booths.

He called upon all to take part in the work of self-development as well as building a prosperous Bangladesh by availing modern banking solutions offered by IBBL such as the CellFin App, Internet Banking and alternative banking services.