Type | Private (Non-Government), |
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Industry | Banking Financial services |
Founded | Dhaka, Bangladesh (1983) |
Headquarters | Dhaka, Bangladesh |
Area served | Bangladesh & Overseas |
Products | Banking services, ATM services, Consumer Banking Corporate Banking Investment Banking |
Revenue | Tk 25.403 billion, US$ 0.363 billion |
Net income | Tk 6.518 billion (US$ 0.093 billion) {December 2010} |
Total assets | Tk 340.638 billion (US$ 4.866 billion) {December 2010} |
Total equity | Tk 23.619 billion, US$ 0.337 billion |
Employees | 10,068 |
Website | islamibankbd.com |
Islami Bank Bangladesh Ltd. (IBBL) is the pioneer of Islamic banking in Bangladesh. It became incorporated on March 13, 1983. It has 41.77% local and 58.23% foreign shareholders. With 251 branches and 10,068 staffs, IBBL is the largest private banking network in Bangladesh.[1]
The social welfare projects of Islami Bank Foundation includes:[2]
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As per Bankers' Almanac (January 2001 edition) published by the Reed Business Information, Windsor Court, England, IBBL's world Rank is 1771 among 3000 banks selected by them. This position was 1902 among 4500 selected banks as on January 1999 edition. IBBL's country Rank is 5 among 39 banks as per ratings made by the above Almanac on the basis of IBBL's Financial Statements of the year 2001.
The Global Finance, a reputed London based quarterly magazine, awarded IBBL as the best bank of Bangladesh for the year 1999, 2000, 2004, 2005 to 2010 and the best Islamic financial institution in 2008, 2009.[3][4]