In a stark revelation of the deep-rooted financial distress within the country's largest private sector lender, Islami Bank Bangladesh PLC has reported that its classified loans skyrocketed by 44% to ...

Already struggling on providing a huge amount of loans to S Alam Group, Islami Bank Bangladesh is now in uncertainty over getting back Tk 8,279 crore it had provided as liquidity support to four banks ...

According to the bank's price sensitive statement, its consolidated loss per share was Tk1.79 in the first quarter.

Established in 1983 as a first-generation private bank, the Islami Bank Bangladesh Ltd (IBBL) began its journey with the slogan "Pioneer of Welfare-Oriented Banking." The bank opened the doors of ...

The future of Sammilito Islami Bank, formed through the merger of five troubled Islamic banks, has come under renewed ...

Violent protesters in Bangladesh on Aug. 5 forced the ouster of Sheikh Hasina, the country’s longtime prime minister, Awami League politician, and daughter of Bangladesh’s founding father. After ...