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Press Release
24-Apr-2017
Social Islami Bank Limited (SIBL) has signed a Memorandum of Understanding (MOU) with Dhaka Stock Exchange Limited

Social Islami Bank Limited (SIBL) has signed a Memorandum of Understanding (MOU) with Dhaka Stock Exchange Limited for lease of office space at the newly established DSE Tower at Nikunja, Dhaka on 23.04.2017. The Bank has signed the MOU to open a branch of the Bank at the new DSE Tower. Additional Managing Director of Social Islami Bank Mr. Ihsanul Aziz and General Manager (HR & Admin) of Dhaka Stock Exchange Mr. Md. Samiul Islam signed the MoU on behalf of the respective organizations. During the time, Managing Director of DSE Mr. K A M Majedur Rahman and Company Secretary of DSE Mr. Md. Asadur Rahman, FCS and Head of Branches Control and General Banking Division of SIBL Mr. Md. Shafiqul Islam and Company Secretary of SIBL Mr. Md. Humayun Kabir, FCS were also present.


24-Apr-2017
The AGM of SWIFT Member & User Group of Bangladesh was held at the Corporate Office of Social Islami Bank Limited.

The Annual General Meeting of SWIFT Member & User Group of Bangladesh was held on April 24, 2017 at the Corporate Office of Social Islami Bank Limited. The President and Managing Director of Bank Asia Mr. Md. Arfan Ali was elected the Chairperson while Additional Managing Director of Social Islami Bank Mr. A M M Farhad was elected the Secretary General of SWIFT Member & User Group of Bangladesh.


18-Apr-2017
SIBL holds training workshop on Sanction, Documentation and Disbursement of Investment

Social Islami Bank Limited (SIBL) has arranged a three day long training workshop on Sanction, Documentation and Disbursement of Investment at the Training Institute of the bank. Mr. Shahid Hossain, Managing Director & CEO of the bank inaugurated the program as Chief Guest on 18.04.2017. Among others, Principal of SIBL Training Institute and SEVP Mr. Md. Akhtar Hussain was also present in the program. The training workshop was attended by the investment officials of the bank.


13-Apr-2017
The 391st Meeting of the Board of Directors of SIBL was held at the Corporate Office of the Bank.

The 391st Meeting of the Board of Directors of Social Islami Bank Limited was held at the Corporate Office of the Bank on 13 April, 2017. The Chairman of the Board of Directors of the Bank Valiant Freedom Fighter Major Dr. Md. Rezaul Haque (Retd.) presided over the meeting. Directors of the Bank, Managing Director & CEO Mr. Shahid Hossain and Senior Executives of the Bank were present in the meeting.


12-Apr-2017
SIBL signed MoU with Multibrand Workshop Ltd. Under this agreement, SIBL credit cardholders can enjoy the discount and installment facilities for Multibrand Workshop Ltd. services.

Social Islami Bank Limited (SIBL) has signed a Memorandum of Understanding (MoU) with Multibrand Workshop Ltd. Under this agreement, SIBL credit cardholders can enjoy the discount and installment facilities against the service of Multibrand Workshop Ltd. In presence of Additional Managing Director of Social Islami Bank Mr. Ihsanul Aziz, the MoU was signed by Mr. Zabed Amin, SEVP & Head of Consumer Investment Division of Social Islami Bank and Engr. Md. Ismail Karim Chowdhury, Managing Director of Multibrand Workshop Ltd.


09-Apr-2017
Social Islami Bank holds training on Recovery of Classified and Written off Investment

Social Islami Bank Limited (SIBL) has arranged a workshop on Recovery of Classified and Written off Investment at the Training Institute of the bank on 09.04.2017. Mr. Shahid Hossain, Managing Director & CEO of the bank inaugurated the program as Chief Guest. Mr. Ihsanul Aziz and Mr. A.M.M. Farhad, Additional Managing Directors of the bank, Mr. Md. Akhtar Hussain, Principal of SIBL Training Institute and concerned investment officials of the bank were present in the program.


08-Apr-2017
Social Islami Bank Limited (SIBL) arranged a Business Review Meeting at its Corporate Head Office.

Social Islami Bank Limited (SIBL) arranged a Business Review Meeting to evaluate the business position of the bank at its Corporate Head Office. Managers of 48 branches of Dhaka region and Departmental Heads of the Bank participated in the meeting. Hon’ble Chairman of Social Islami Bank Valiant Freedom Fighter Major Dr. Md. Rezaul Haque (Retd.) was present in the program as Chief Guest while Managing Director & CEO of the Bank Mr. Shahid Hossain presided over the meeting. Additional Managing Directors, Deputy Managing Director, Departmental Heads and concerned Branch Managers of the Bank were present in the program. 


05-Apr-2017
Social Islami Bank Provided financial assistance to Mukhlesh Memorial Ohi Foundation

Social Islami Bank Limited has recently handed over a cheque of donation to Mukhlesh Memorial Ohi Foundation for its renovation activities. Valiant Freedom Fighter Major Dr. Md. Razaul Haque (Retd.), Chairman of Social Islami Bank Limited handed over the cheque to Brig. General Dr. Suraiya Rahman (Retd.), Chairman of Mukhlesh Memorial Ohi Foundation. Among others, Mr. Md. Abul Basher Bhuiyan and Mr. Mohammad Amin Uddin, Directors of the Bank and Senior Executives of Social Islami Bank were present in the program.


02-Apr-2017
Mr. Md. Kamal Uddin has been elected Chairman of the Risk Management Committee of SIBL in its 390th Board meeting.

Mr. Md. Kamal Uddin has been elected Chairman of the Risk Management Committee of  Social Bank Limited in its 390th Board meeting. Mr. Kamal Uddin is the proprietor of CBM Consortium, Chairman of Mercantile Insurance Company Limited and Managing Director of Chittagong Builders & Machinery Limited, Merchant Securities Limited and Sifang Securities Limited. He is also Director of Human Resources Development Co. Ltd, Central Hospital (PVT) Limited, ASM Chemical Industries Limited and Universal Health Services & Research Limited. He is a well known social activist and a philanthropist. Mr. Kamal Uddin has widely traveled in several countries connection with business and participated in different trade fairs.


30-Mar-2017
22nd AGM of Social Islami Bank Limited approved 20% cash dividend

The 22nd Annual General Meeting of Social Islami Bank Limited (SIBL) was held on 30 March, 2017 at International Convention Center Bashundhara, Dhaka attended by large number of shareholders. The meeting approved 20% cash dividend on the profit amount for the financial year 2016. The Chairman of the Board of Directors of the Bank Major Dr. Md. Rezaul Haque (Retd.) presided over the meeting. Among others, the former Chairman and Sponsor of Social Islami Bank and Chairman of Bashundhara Group Mr. Ahmed Akbar Sobhan and Board of Directors of the Bank were present in the meeting. The Managing Director & CEO of the bank Mr. Shahid Hossain, Additional Managing Directors, Deputy Managing Director and other Senior Executives of the Bank were also present in the program. 



The Chairman in his speech said, SIBL had generated attractive financial result in 2016 and the bank gained a remarkable growth in every field like operating profit, investment, deposit etc. He informed that SIBL is not only a revenue generating entity, but also it always considers society as the most important segment for development. The bank has taken many pro-people initiatives and is also continuously involved in different CSR activities in healthcare, education, sports and culture. The bank is also very much aware of its responsibilities towards all stakeholders.



In his address of welcome, the Managing Director & CEO expressed his sincere gratitude to the valued shareholders, customers and distinguished patrons of the Bank for their cooperation and continuous support. He hoped that the bank will achieve its goal with prudent guideline of the Board of Directors of the Bank. 


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