Islami Bank Bangladesh PLC - Company Profile
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Islami Bank Bangladesh PLC (IBBPLC) is a commercial bank in Bangladesh. The bank's main activities include general banking, commercial investment, and foreign exchange services, along with significant corporate social responsibility initiatives. Its major products and services encompass deposit products, SME investments, microfinance, retail and consumer schemes, and various card services. The bank serves a diverse customer base, providing financial solutions applicable across multiple industries. It operates through an extensive network of branches, sub-branches, and agent banking outlets, facilitating widespread distribution of its services. It targets markets within Bangladesh and maintains a presence through representatives abroad. IBBPLC is headquartered in Dhaka, Bangladesh.
Headquarters
Bangladesh
Address
Islami Bank Tower, 40 Dilkusha C/A, Dhaka, 1000
Website
www.islamibankbd.com
Telephone
880 2 9563040
No of Employees
21,864
Industry
Financial Services
Ticker Symbol & Exchange
ISLAMIBANK (DSE)
Revenue (2023)
$1.3B
18.1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
3%
(2023 vs 2022)
Market Cap*
$433.2M
Net Profit Margin (2023)
XYZ
-12.9%
(2023 vs 2022)
* As of and is in US$
Islami Bank Bangladesh PLC premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Rural Development Schemes |
| Al-Wadeah Current | NRB Entrepreneur |
| Mudaraba Savings | Remittance Card |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Corporate Changes/Expansions | In November, the bank opened its 393rd branch at Dhunot in Bogura, Bangladesh. |
| 2022 | Corporate Changes/Expansions | In November, the bank opened its Chunarughat upazila branch in Habiganj, Bangladesh. |
| 2022 | Corporate Changes/Expansions | In November, the bank opened its 390th branch at Sarail in Brahmanbaria, Bangladesh. |
Competitor Comparison
| Key Parameters | Islami Bank Bangladesh PLC | Sonali Bank Plc | Janata Bank Ltd | United Commercial Bank PLC | Rupali Bank PLC |
|---|---|---|---|---|---|
| Headquarters | Bangladesh | Bangladesh | Bangladesh | Bangladesh | Bangladesh |
| City | Dhaka | Dhaka | Dhaka | Dhaka | Dhaka |
| State/Province | - | Dhaka | Dhaka | - | - |
| No. of Employees | 21,864 | 18,257 | 12,173 | 4,459 | - |
| Entity Type | Public | Private | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Md Obayed Ullah Al Masud | Chairman | Executive Board | 2024 | - |
| Mohammed Monirul Moula | Chief Executive Officer; Managing Director | Senior Management | 2021 | - |
| Md. Mahboob Alam | Deputy Managing Director , Chief Human Resource Officer | Senior Management | 2024 | - |
| Mohammad Abdur Rahim | Chief Financial Officer, Senior Executive Vice President | Senior Management | 2024 | - |
| Mohammad Khurshid Wahab | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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