12 billion Taka deposited in Islami Bank’s branch

Dhaka: Islamic Bank Bangladesh PLC has reported that deposits at its sub-branches have now reached nearly BDT 12,000 crore, marking a significant increase of approximately BDT 3,700 crore over the past year. The bank’s total deposits currently stand at BDT 1,83,000 crore, underlining its continued growth and customer trust across the country.

Bank sources highlighted that Islamic Bank has maintained its leading position in remittance collection for 18 consecutive years, reflecting the confidence and loyalty of Bangladeshi expatriates. In the past year alone, the bank facilitated remittances totalling around BDT 76,000 crore. The institution now serves over 3 crore customers, an increase of 5 million over the last year.

Islamic Bank’s extensive network is a key factor in its outreach, comprising:

These figures were announced on Saturday, 17 January, at the Sub-Branch Business Development Conference held at the InterContinental Dhaka. The conference was presided over by Additional Managing Director Engineer Mohammad Jamal Uddin Majumder, with Managing Director Md Omar Faruk Khan attending as the chief guest.

Other notable attendees included Additional Managing Director Md Altaf Hussain, Dr M Kamal Uddin Jasim, Deputy Managing Director Md Mahbub Alam, as well as Deputy Managing Directors Md Rafiqul Islam and KM Munirul Alam Al-Mamun. Representatives from the bank’s head office executives and in-charges of all 271 sub-branches also participated.

In his keynote speech, Managing Director Md Omar Faruk Khan emphasised the bank’s pivotal role in Bangladesh’s economic development. He stated:

“Islamic Bank has played an indelible role in the country’s financial landscape. Following the July revolution, customer confidence in the bank has been reaffirmed. In 2025, despite numerous challenges, Islamic Bank collected the highest deposits and remittances in the nation, significantly contributing to the foreign currency reserves.”

He added that the bank is committed to evolving as a strong, Shariah-compliant, technology-driven institution with a culture of compliance. Looking ahead, Islamic Bank aims to remain a leading force in sustainable economic growth.

Concluding his remarks, Mr Khan launched the slogan:
“Innovation and Digitisation Driving Transformation”, urging the full integration of cutting-edge technology across all banking services.