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Press Release
21-Oct-2018
Business Conference-2018 of Social Islami Bank Limited held with its 18 Branches of Northern Region

strong>Social Islami Bank Limited (SIBL) arranged a daylong Business Conference-2018 to evaluate the business position of the Bank at Hotel -71, Dhaka on 20 October 2018. Mr. Quazi Osman Ali, Managing Director and CEO of the Bank, inaugurated the conference being the chief guest. Mr. Ihsanul Aziz, Additional Managing Director, Mr. Kazi Towhidul Alam, Additional Managing Director, Mr. Abu Naser Chowdhury, Deputy Managing Director and Mr. Md. Sirajul Hoque, Deputy Managing Director were present at the program. Overall business activities were reviewed during the last nine months of the Bank at the conference. Branch managers brought out their business achievements. The Managing Director also focused on various policy measures for achieving yearly business target of 2018.


17-Oct-2018
Mr. Kazi Towhidul Alam, Additional Managing Director of Social Islami Bank Limited (SIBL), elected Secretary General of Swift Member & User Group of Bangladesh (SMUGB)

The 8th Executive Committee Meeting of SWIFT Member & User Group of Bangladesh (SMUGB) was held on October 14, 2018 at the Conference Room of Bank Asia Limited, Corporate Office. Mr. Md. Arfan Ali, Chairperson of SWIFT Member & User Group of Bangladesh (SMUGB) and President & Managing Director of Bank Asia Limited presided over the meeting. Mr. Kazi Towhidul Alam, newly elected General Secretary of SWIFT Member & User Group of Bangladesh and Additional Managing Director of Social Islami Bank Limited, Mr. A. K. M. Saifuddin Ahamed, Deputy Managing Director of Jamuna Bank Limited, Mr. Abdul Hannan Khan,  SEVP & Company Secretary, Social Islami Bank Limited, Mr. Md. Akmal Hossain, SVP & Head of ID, Social Islami Bank Limited, and Mr. MAK Azad, Head of ID, ICB Islamic Bank Limited were present in the meeting among other representatives from the member banks of SWIFT Member & User Group of Bangladesh (SMUGB).


16-Oct-2018
Social Islami Bank Limited, as Lead Bank, Arranged School Banking Conference 2018 at Jamalpur

Social Islami Bank Limited (SIBL), as lead bank, arranged School Banking Conference-2018 at Jamalpur Zilla School on 15 October 2018.  Mr. Ahmed Kabir, Deputy Commissioner of Jamalpur, was present as chief guest while Mr. Qauzi Osman Ali, Managing Director & CEO of SIBL, presided over the conference.  Mr. Rajeeb Kumer Sarker, Additional District Magistrate of Jamalpur, Mr. Md. Mujibur Rahaman, District Education Officer of Jamalpur, Mr. Tuhin Kanti Chakroborty, DGM of Sonali Bank Limited, Mr. Imam Hasan, Deputy Director of Bangladesh Bank, were present at the event as special guests. Different banks in Jamalpur attended the event with their stalls. Parents, dignitaries, teachers and students of different schools along with the officials of different banks were also present at the event. School banking will create a sense of savings and financial discipline among the children which will help build a self-reliant life as emphasized by the MD & CEO of SIBL.


14-Oct-2018
SIBL Holds Quarterly Business Conference 2018

Social Islami Bank Limited has arranged Quarterly Business Conference for the months July-September 2018 at Hotel Agrabad, Ichamati Hall, Chattogram on 13 October 2018 for the branches of Chattogram region. Honorable Managing Director & CEO of SIBL, Mr. Quazi Osman Ali, was present there as chief guest. Additional Managing Director Mr. Ihsanul Aziz and Mr. Kazi Towhidul Alam, Deputy Managing Director Mr. Abu Naser Chowdhury and Mr. Md. Sirajul Hoque, and Senior Executives of the Bank attended the program. The CEO of the Bank has suggested some forward looking business strategies for comprehensive growth of the Bank and instructed all the employees to work dedicatedly. The Conference reviewed the overall progress of the Bank during July-September 2018 and chalked out various policies to achieve yearly target for 2018 of the bank.


11-Oct-2018
SIBL signed MOU with Bangladesh Bank for investing in Green Products/Initiatives.

Social Islami Bank Ltd (SIBL) signed an Agreement with Sustainable Finance Department of Bangladesh Bank to participate in Islamic Refinance Scheme for investing in Green Products/Initiatives. The Agreement Signing Ceremony was held on October 09, 2018 at the Conference Room of Sustainable Finance Department of Bangladesh Bank. Mr. Quazi Osman Ali, Managing Director & CEO of SIBL and Mr. Manoj Kumar Biswas, General Manager, Sustainable Finance Department of Bangladesh Bank signed the agreement on behalf of the respective organizations. Mr. Imtiaz Ahmad Masum, Deputy General Manager and Ms. Tania Roksana, Joint Director of Bangladesh Bank, Mr. Mohammad Ziaul Karim, SVP & Head of SME of SIBL were also present in the signing ceremony.


10-Oct-2018
Social Islami Bank Limited Provided Financial Assistance to Proyash

Social Islami Bank Limited (SIBL) has recently donated Tk.10.00 (Ten) Lac to Proyash, Institute of Special Education, an educational institute for differently abled children & adult patronized by Bangladesh Army, as a part of CSR activities of the Bank. Mr. Quazi Osman Ali, Managing Director and CEO of SIBL, handed over the cheque to Mrs. Dilshad Nahar Aziz, patron of Proyash. Assistant Patron Mrs. Taslim Jahan, Brig Gen Ibne Fazal Shayekhuzzaman, BSP, SGP, afwc, psc, Chairman, Proyash and Colonel Md. Shahidul Alam, Executive Director & Principal of Proyash, were also present at the program.


06-Oct-2018
Business Conference-2018 of Social Islami Bank held

span style="font-family:tahoma,sans-serif; font-size:10.0pt">Social Islami Bank Limited (SIBL) arranged a day-long Business Conference-2018 to evaluate the business position of the Bank at Hotel Purbani International, Dhaka on 06 October 2018. Mr. Quazi Osman Ali, Managing Director and CEO of the Bank was present in the program as Chief Guest and inaugurated the conference. Mr. Ihsanul Aziz, Additional Managing Director, Mr. Kazi Towhidul Alam, Additional Managing Director, Mr. Abu Naser Chowdhury, Deputy Managing Director and Mr. Md. Sirajul Hoque, Deputy Managing Director were present in the program. The Conference reviewed overall business activities during the last nine months of the Bank and chalked out various policy measures for achieving yearly business target of 2018. The Managing Director Mr. Quazi Osman Ali stated that Social Islami Bank Limited has been maintaining a stable position in all of its business indicators by rendering modern and technology-based Islami Banking services at the doorstep of the people of the country. He also emphasized to follow Shariah principles as a Shariah based bank at level of banking. 


02-Oct-2018
Social Islami Bank Limited and Bangladesh Rural Electrification Board signed corporate deal

Social Islami Bank Limited (SIBL) signed a corporate deal with Bangladesh Rural Electrification Board (REB) for collecting electric bill of REB through SIBL Agent Banking Outlets at the office of Bangladesh Rural Electrification Board on 30 September 2018. Mr. Md. Sirajul Hoque, Deputy Managing Director of Social Islami Bank Limited and Mr. Md. Hossain Patwary, Director (Finance) of REB signed the agreement on behalf of their respective organizations. Mr. Md. Zia Uddin & Mr. Prashenjit Kumar Ghos, Deputy Directors of REB and Mr. M.A. Mottaleb, SVP and Head of Branches Control & General Banking Division of SIBL were also present in the program.


01-Oct-2018
SIBL Gets New AMD

Social Islami Bank Limited (SIBL) gets a new Additional Managing Director. Mr. Kazi Towhidul Alam has recently joined as Additional Managing Director of the Bank on 01 October 2018.



Prior to his joining in SIBL, Mr. Kazi Towhidul Alam was Deputy Managing Director of  Al-Arafah Islami Bank Ltd and he led the Investment Wing there. He obtained his Honors and Masters in Accounting from University of Chittagong.



He started his banking career as Probationary Officer in Bank of Credit & Commerce International (overseas) Limited (presently Eastern Bank Ltd). He also served Banque Indosuez, Credit Africa Bank Ltd, and Dutch Bangla Bank Ltd in various top managerial positions.



In his long thirty two years in banking career, Mr. Alam extensively travelled America, England, the Netherlands, Belgium, France, Itali, Indonesia, Malaysia, Singapore, Thailand, Pakistan, India, Nepal, UAE, Zambia, Zimbabwe, Kenya, Malawi to attend high level training and seminars in banking. He also travelled many more countries for official and personal purposes. He is actively engaged in social and philanthropic activities. He was born in a Muslim aristocrat family in Hathazari, Chattogram.


27-Sep-2018
Social Islami Bank Limited and Regent Airways LTD have signed a Memorandum of Understanding (MOU)

Social Islami Bank Limited and Regent Airways LTD have signed a Memorandum of Understanding (MOU) at the Bank’s Head Office on 26 September 2018. In presence of the Managing Director & CEO of Social Islami Bank Limited, Mr. Quazi Osman Ali, SEVP & Head of Consumer Investment Division of the Bank, Mr. Zabed Amin and Director of Regent Airways Mr. Sohail Majid, signed the MOU on behalf of their respective organizations. Deputy Managing Director of SIBL Md. Sirajul Haque and AGM of Regent Airways LTD Mr. Kazi Ahmed Ullah and other Senior Executives of both the organizations were present in the program. Under this agreement, SIBL's Islamic Credit Cardholders can enjoy EMI facility against the payment of the price of Ticket of Regent Airways LTD without any profit charge upto 6 months.


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