Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
Last year, information about a big loan scam in the bank came to the fore. The bank disbursed loans to companies that were opened in real and false names a few days prior to loan disbursement. The loans were disbursed at the bank’s Khatunganj and Agrabad branches in Chattogram, Rajshahi branch and Rajshahi, New Market […]
Mohammad Shahabuddin was appointed as the director of the bank in 2017 on behalf of Chattogram-based JMC Builders. Then he became the Vice-Chairman of IBBL. Mohammad Shahabuddin resigned as the vice-chairman of the bank after being nominated as chairman from the ruling party, the Awami League (AL). His name has also been removed from the […]
“Recently, some officials of this bank have been trying to destabilize the country’s financial sector by spreading misinformation about banks and financial institutions through social media and other means,” he said. Earlier on January 8, the Cyber Crime Unit of DMP had arrested Mohd Noor Un Nabi, Mohd Afsar Uddin Roman, Mohd Abu Syed Saju, […]
Defending the move, the bank’s Managing Director, MD Monirul Moula told bdnews24.com that the rate is practical as the entire banking sector is grappling with cash crunch. “However, this is still an estimated ‘profit’ rate, which may fluctuate after we prepare our annual financial reports depending on whether we make an actual profit,” he added. […]
Bangladesh Bank has appointed supervisors in Islami Bank Bangladesh Limited and First Security Islami Bank after the media exposed huge irregularities in lending to several shell organizations in these two private banks. Central bank spokesman Mezbol Haque told Prothom Alo that the two banks have been asked to maintain a number of instructions in the […]
Bangladesh Bank appointed a supervisor for Islami Bank in December 2010, prompted by fears of loan irregularities. Since then, a director-level official (then General Manager) of the central bank used to attend various meetings of the Sharia-based bank. A Chattogram-based industrial group took over the bank in 2017 with a supervisor keeping a watchful eye […]
