IBBL deposit grows by 19 percent

Last updated: October 28, 2010

Dhaka, Bangladesh (BBN)- The total deposit of Islami Bank Bangladesh Ltd (IBBL) has amounted to BDT 279.95 billion as on September 30, 2010, increasing BDT 45.61 billion in a year from October 1, 2009 showing a 19 percent growth.

The board of directors of IBBL made the disclosure at a meeting at IBBL Tower in the city recently with IBBL Chairman Professor Abu Nasser Muhammad Abduz Zaher in the chair, the bank said.

The investment totals to BDT 275.8 billion, increasing BDT 56.09 billion showing a growth of 26 percent. The bank handled foreign exchange business of BDT 432.22 billion with an increase of BDT 101 billion in a year showing a 30 per cent growth including import of BDT 169.56 billion, export of BDT 105.23 billion and remittance of BDT 157.43 billion, increasing BDT 57.71 billion in import, BDT 26.75 billion in export and BDT 16.55 billion in remittance against the same period of the last year and the growth rate is 52 percent, 34 percent and 12 percent respectively.

BBN/SSR/AD-28Oct10-10:46 am (BST) 

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