Islamic Bank Bangladesh PLC has surpassed a significant milestone by collecting nearly BDT 18,000 crore in new deposits, crossing the BDT 1.8 lakh crore mark. This achievement has cemented its position at the top of the banking sector, regaining both trust and good governance among its customers. Additionally, the bank is leading in remittance collection as well.

This announcement was made by the bank’s Chairman, Professor Dr. Md. Jubaidur Rahman, during a business review meeting held at the Islamic Bank Tower on Sunday, 16th November. The session focused on strategic business progress, branch-wise deposit and investment growth, and the current state of risk management practices.

The meeting was also attended by various senior officials, including Executive Committee Chairman Mohammad Khurshid Wahab, Audit Committee Chairman Md. Abdus Salam, FCA, FCS, Risk Management Committee Chairman Professor Dr. Md. Masud Rahman, and Independent Director Md. Abdul Jalil. Managing Director Md. Omar Faruq Khan chaired the meeting, while Additional Managing Director Md. Altaf Hossain delivered the welcoming speech. Other senior executives, including Additional Managing Directors Mohammad Jamal Uddin Mojumder and Dr. Md. Kamal Uddin Jasim, as well as the heads of 16 regional zones and corporate branches, were also present.

Bank officials pointed out that the combination of good governance, efficient risk management, and customer loyalty has been the key to maintaining the bank’s dominant position in the sector.