12 billion Taka deposited in Islami Bank’s branch

Dhaka: Islamic Bank Bangladesh PLC (IBBL) has witnessed a remarkable surge in deposits at its branch network, with total deposits at its sub-branches nearing BDT 12,000 crore, reflecting an increase of BDT 3,700 crore over the past year. The bank’s overall deposits have now reached an impressive BDT 1,83,000 crore, marking a robust performance in the domestic banking sector.

According to bank sources, the trust and confidence of expatriate Bangladeshis continue to underpin Islamic Bank’s position as a leading remittance-collecting institution for the past 18 years. In 2025 alone, the bank facilitated remittance inflows of nearly BDT 76,000 crore, further strengthening its role in the country’s economy.

The bank’s customer base has also expanded significantly, now surpassing 3 crore clients, an increase of over 50 lakh in the past 12 months. This growth is attributed to the bank’s extensive branch network and customer-centric services, which are summarised below:

Service TypeNumber of Units
Main Branches400
Sub-Branches271
Agent Outlets2,788
ATM/CRM Booths3,040

These figures were highlighted during the Sub-Branch Business Development Conference held on Saturday, 17 January, at the Intercontinental Hotel in Dhaka. The conference was attended by senior executives from IBBL’s head office and branch managers from all 271 sub-branches.

The Managing Director, Md. Omar Faruk Khan, was the chief guest at the event. He emphasised the bank’s pivotal contribution to Bangladesh’s economic development, stating, “Despite numerous challenges in 2025, Islamic Bank achieved record deposits and remittance collection, securing an unforgettable role in the country’s banking sector.”

He further highlighted the bank’s strategic vision, saying, “Islamic Bank is evolving into a strong, Shariah-compliant, technology-driven, and compliance-focused modern bank. Our slogan, ‘Innovation and Digitisation Driving Transformation’, underscores our commitment to maximising technology across all services.”

The event was presided over by Additional Managing Director Engr. Mohammad Jamal Uddin Majumder, with speeches by Additional Managing Directors Md. Altaf Hussain and Dr. M. Kamal Uddin Jasim, and a welcome address from Deputy Managing Director Md. Mahbub Alam.

The participation of sub-branch in-charges alongside senior executives reinforced the bank’s commitment to expanding customer services and strengthening its nationwide network, signalling continued growth and innovation in the years ahead.