Dhaka, Bangladesh (BBN) – Total deposit of Islami Bank Bangladesh Limited (IBBL) crossed BDT 600 billion in 2015 while investment reached at nearly BDT 658 billion.

The Shariah-based Islami Bank handled foreign trade worth nearly BDT 889 billion in the last calendar year despite declining trend of prices commodities including petroleum products in the global market.

Of them import business was BDT 344 billion, export BDT 224 billion and the volume of foreign remittance was BDT 321 billion, the IBBL management disclosed the figures at its Business Development Conference 2016 held at a city hotel on Friday.

The two-day long conference also disclosed that the positive development trend in all business portfolios including deposit, investment, foreign exchange business, remittance and financial inclusion achieved in 2015.

Presided over by Mohammad Abdul Mannan, Managing Director of the IBBL, Engr. Mustafa Anwar, Chairman and Engr. Md. Eskander Ali Khan, Chairman, Executive Committee addressed the inaugural ceremony as the chief guest and special guest respectively.

Md. Abul Hossain, Director and Prof. Abu Bakr Rafique, Member Secretary of Shariah Supervisory Committee of the Bank were present on the occasion.

Muhammad Abul Bashar, Md. Habibur Rahman Bhuiyan, FCA, Md. Mahbub-ul-Alam, Rafi Ahmed Begh, Abdus Sadeque Bhuiyan and Md. Shamsuzzaman, Deputy Managing Directors, high executives, Head of 14 Zones and Managers of 304 Branches of the Bank attended in the conference.

The IBBL has been working to ensure equity and justice in all economic activities for achieving a sustainable and balanced growth and equitable socio-economic development since its inception on March 30, 1983.

BBN/SSR/AD