The vision of Social Islami Bank Limited is to be a world-class local bank. With a view of rendering services to the foreign and local investors, SIBL has opened its Offshore Banking Unit at 48 Kemal Ataturk Avenue (1st Floor), Banani, Dhaka-1213.
Offshore Banking Unit collects, and borrows funds from fully Foreign owned companies, NRB�s and other foreign financial Institutions and channels these again to non-resident borrowers. Since Offshore Financial Services are provided to non-residents without involving local currency, local authorities either exempt these activities from local tax regulation or keep the rates and the regulations to the minimum. At present our OBU offers the services to its customers: