Logo

Friday, July 17, 2020

IBBL again in world's best 1000 banks list

Business Desk :
Islami Bank Bangladesh Limited (IBBL) has once again secured its position for the last nine consecutive years as the only bank of the country in the list of the world's best 1000 banks.  IBBL is ranked 904th in the year 2020 ranking of The Banker, a world-renowned UK based financial magazine, said a press release.
This was 943rd in 2019. In 2012, IBBL became the first bank of the country to be included in the list of the world's best banks. The management of IBBL has expressed its gratitude and appreciation to all including the Government of Bangladesh, Bangladesh Bank, regulatory authorities, shareholders, clients, well-wishers and people of the country for the achievement.
Recently, IBBL has crossed the deposit milstone of one Trillion Taka. In addition to deposits, IBBL has collected the highest foreign remittances in June this year, surpassing all previous records. In the last one year, IBBL has collected remittances of USD 4150 million. At present, IBBL's market share in remittance collection is 32 percent.
IBBL, a pioneer in Shariah-based banking which is now a bank of 15 million clients. IBBL serves its clients through 357 branches, 60 sub-branches, 1,200 agent banking outlets, 660 own and about 11,000 shared ATM and CRM booths.