Company Overview:
Mission
To establish Islamic Banking through the introduction of a welfare-oriented banking system and also ensure equity and justice in the field of all economic activities, achieve balanced growth and equitable development through diversified investment operations particularly in the priority sectors and least developed areas of the country. To encourage socio-economic uplift
ment and financial services to the loss-income community particularly in the rural areas. Founding Date:
March 30, 1983
Awards:
IBBL has been selected as the only Bank from Bangladesh in the top 1000 banks in the world by a UK based century-old financial magazine, 'The Banker' published the list in its July 2012 issue. The Institute of Chartered Accountants of Bangladesh (ICAB) awarded IBBL the first prize of the SARRC Anniversary Award for Corporate Governance. South Asian Federation of Accountants (SAFA) awarded IBBL as a joint Winner in the Corporate Governance Disclosure Award-2010. South Asian Federation of Accountants (SAFA) also awarded IBBL with a Certificate of Merit in Banking Sector in the Annual Report for the year 2010. The Institute of Cost and Management Accountants of Bangladesh (ICMAB), awarded IBBL as the ICMAB National Best Corporate Award-2007 (First Position, Local Bank) and ICMAB Best Corporate Performance Award – 2008 (Second Position, Private Commercial Bank). The Institute of Chartered Accountants of Bangladesh (ICAB) awarded IBBL with 3rd position under the category-1, Banking in the best-published accounts and reports for the year 2010, the Certificate of Appreciation for the year 2001 & 2010, and Certificate of Merit for the year 2008. based quarterly Financial Magazine, awarded IBBL as the best Islamic Financial Institution of the country for the years 2008, 2009, 2010 & 2011. Global Finance also awarded IBBL as the best bank in the country for the years 1999, 2000, 2004, and 2005. ICICI Bank, Hong Kong, awarded IBBL as “The Quality Recognition Award-2009” for U.S. Bankers’ Forum awarded IBBL as the Best Bank for Corporate Social Responsibility for 2008 and 2009. The Bank-Bima Patrika, a Fortnightly Magazine, awarded IBBL as the Best Islami Banking Award 2007. Exclusive economic weekly “The Industry” awarded IBBL as the Best Rated Bank Award-2010. The Citi Bank NA awarded IBBL as the “Largest Contributor” in Foreign Trade Operations in Europe- Bangladesh corridor in 2009. The UAE Exchange awarded IBBL for mobilizing around 30% of the total foreign remittance of the country.
