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Press Release
21-Apr-2019
Social Islami Bank Limited arranged a daylong workshop on Prevention of Money Laundering and Terrorist Finance on 18 April 2019

Social Islami Bank Limited arranged a daylong workshop on “Prevention of Money Laundering and Terrorist Finance” on 18 April 2019 in its Training Institute at the Head Office of the Bank. Mr. Quazi Osman Ali, Managing Director & CEO of the Bank inaugurated the workshop and delivered speech. The workshop was attended by the 72 Official of the Bank.


18-Apr-2019
Social Islami Bank Launches Prepaid Card

Social Islami Bank Limited launched a prepaid card as alternative of carrying cash for hajj expenditure, tuition fee, travel expense and also using as gift card.  Mr. Quazi Osman Ali, Managing Director & CEO, launched SIBL Prepaid Card on 18.04.2019 in a program at its Head Office. Additional Managing Director, Mr. Kazi Towhidul Alam, Deputy Managing Directors Mr. Abu Naser Chowdhury and Mr. Md. Sirajul Hoque and the Divisional Heads were also present in the program.


17-Apr-2019
Social Islami Bank Limited (SIBL) opened its 95th Agent Banking Outlet at Kherior Bazar, Shahrasti, Chandpur on 11.04.2019.

Social Islami Bank Limited (SIBL) opened its 95th Agent Banking Outlet at Kherior Bazar, Shahrasti, Chandpur on 11.04.2019. Mr. Md. Abdul Muttaleb, SVP & Head of BCGBD, inaugurated the Agent Banking Outlet as the Chief Guest. Ms. Khadiza Akhter, Agent, Kherior Bazar Outlet presided over the program. Md. Mashiur Rahman, SAVP & Head, Agent Banking Division and senior officials of SIBL along with local dignitaries were also present in the program.


16-Apr-2019
Social Islami Bank partners with WorldRemit for digital money transfers to Bangladesh

01 April  2019: Leading digital money transfer company WorldRemit has partnered with Social Islami Bank Limited for instant money transfer to over 249 new cash pickup locations across Bangladesh - from Khulna to Rangpur and from Dhaka to Rajshahi.



WorldRemit offers the Bangladeshi diaspora living in over 50 countries a wide variety of convenient payout options, including cash pickup, mobile money, bank transfer and airtime top-up. Nearly 75% of WorldRemit transactions to Bangladesh are made using the mobile app, which makes sending money home to family and friends as easy as sending an instant message.



SIBL is one of the leading private banks in Bangladesh, serving approximately 1.17 million customers at its 249 branches and Agent Banking locations across the country. It is committed to making financial services accessible to all Bangladeshis and has a comprehensive online banking services, allowing customers to manage their accounts anywhere, anytime.



Bangladesh features among the top five countries with the most emigrants living abroad and is the ninth-largest recipient of remittances globally. According to the the Central Bank of Bangladesh, the country received almost $15 billion inward remittances in 2017-2018.



Michael Liu, Managing Director for Asia Pacific at WorldRemit, comments, “We are delighted to be partnering with Social Islami Bank, one of Bangladesh’s leading and most reputable banks. WorldRemit transactions in Bangladesh have been increased by 30% in 2018, driven by the rapid expansion of our correspondent network. The new partnership with SIBL extends our ability to drive access to remittances across the entire country, connecting thousands more Bangladeshis living in urban and rural areas to our instant cash pickup service.”



“Remittance earnings sent to Bangladesh have  been  continuously  playing  an  increasingly  large  role to  the economic  growth  and the  livelihoods of people in Bangladesh. With Immigrant workers’ remittance to Bangladesh constituting the single largest source of inward remittance in Bangladesh, we are delighted to add WorldRemit to our partner network  providing the Bangladeshi Dispora around the world and their recipients with more sending and receiving location options. With us you get not only a wide range of high-class modem remittance solutions but also you will get peace of mind which we believe counts the most. ” said Quazi Osman Ali, Managing Director & CEO of Social Islami Bank Limited.



WorldRemit is currently serveing 3.8 million customers, completing 1.5 million transfers every month from over 50 countries to over 145 destinations.


15-Apr-2019
A special recognition by certification for the contribution

Social Islami Bank Limited (SIBL) arranged a Quarterly Business Conference (1st Quarter-2019) with the branches of Chattogram & Sylhet Region at Hotel Agrabad, Chattogram on 12.04.2019. Managing Director & CEO of the Bank Mr. Quazi Osman Ali inaugurated the program as the Chief Guest. Additional Managing Director, Mr. Kazi Towhidul Alam, Deputy Managing Directors Mr. Abu Naser Chowdhury and Mr. Md. Sirajul Hoque were present as the Special Guests. Among others, Mr. Mohammad Forkanullah, Senior Executive Vice President and Regional Head and Mr. Kazi Obaidul Al-Faruk, Senior Executive Vice President and Head of HRD were also present.  The branch managers of Chattogram & Sylhet Region brought out business success of their respective branches. Mr. Quazi Osman Ali directed the branch managers how to achieve and retain business growth. He expressed satisfaction on the business growth in the first quarter and expressed hope that this growth would continue in the coming months.


07-Apr-2019
Social Islami Bank Limited arranged a three-day long workshop on Branch Management & Leadership Development

Social Islami Bank Limited arranged a three-day long workshop on “Branch Management & Leadership Development” on 07 April 2019 in its Training Institute at the Head Office of the Bank. Mr. Quazi Osman Ali, Managing Director & CEO of the Bank inaugurated the program and delivered speech.  The workshop was attended by the Managers and Operation Managers of the branches.


06-Apr-2019
Business Conference 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 1st Quarterly Business Conference 2019 to evaluate the business position of the Bank on 06 April 2019 at a hotel in Dhaka. Managers of branches and Divisional Heads of the Bank participated in the conference. Mr. Quazi Osman Ali, Managing Director and CEO of the Bank was present in the program as Chief Guest and inaugurated the conference. Mr. Kazi Towhidul Alam, Additional Managing Director, Mr. Abu Naser Chowdhury and Mr. Md. Sirajul Hoque, Deputy Managing Directors were also present in the program. The Conference reviewed overall progress of the Bank and chalked out various policy measures for achieving yearly business target of 2019. The Managing Director Mr. Quazi Osman Ali said that Social Islami Bank had been maintaining a steady growth in all its business indicators by rendering modern and technology-based Islami Banking services at doorstep of the people of the country.


03-Apr-2019
Social Islami Bank Limited donated Tk. one crore to Prime Ministers Relief Fund to support the victims of Churihatta fire tragedy.

Social Islami Bank Limited donated Tk. one crore to Prime Minister’s Relief Fund to support the victims of Churihatta fire tragedy. The Chairman of the Board of Directors of Social Islami Bank Limited and former Vice Chancellor of University of Chittagong Professor Md. Anwarul Azim Arif handed over the cheque to Honourable Prime Minister Sheikh Hasina at Ganobhabon on 02 April 2019.


28-Mar-2019
Social Islami Bank Ltd Opens 94th Agent Banking Outlet

SIBL opened its 94th agent banking outlet in Hanif Miazer Hat, Sadar, Lakshmipur on 28.03.2019. Mr. Abdul Hannan Khan, Company Secretary of the Bank, inaugurated the outlet being the chief guest. Advocate Rahmotullah Biplob, Vice-chairman of Laksmipur Sadar Upzila, Mr.Abul Hossen Sarker, Chairman of Uttor Joypur Union Council, Mr. Md. Moshiur Rahman, In-charge of Agent Banking Division were present at the program along with local dignitaries and bank officials.


21-Mar-2019
SIBL opened its 93rd Agent Banking Outlet at Santir Hat Bazar, Char Kawnia, Noakhali

Social Islami Bank Limited (SIBL) opened its 93rd Agent Banking Outlet at Santir Hat Bazar, Char Kawnia, Noakhali on 19.03.2019. Mr. Mohammad Forkanullah, SEVP & Regional Head of SIBL Chattagram Region, inaugurated the Agent Banking Outlet being the Chief Guest. Mr. Ali Hayder Boks, Chairman of Char Union Parishad, Mr. Imam Ali, Former Member of Union Parishad, Md. Mashiur Rahman, SAVP & Head, Agent Banking Division of SIBL and senior bank officials along with local dignitaries were also present in the program.


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