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Press Release
08-Aug-2012
Recently Social Islami Bank Limited (SIBL) signed an agreement with Emerging Credit Rating Limited (ECRL)
Recently Social Islami Bank Limited (SIBL) signed an agreement with Emerging Credit Rating Limited (ECRL) for credit rating and counter party rating of SIBL. The Managing Director of SIBL Mr Muhammed Ali and the Managing Director of ECRL Mr Ahsan Parvej signed the agreement on behalf of their respective organizations. Senior Executives of both the organizations were present in the signing ceremony.
07-Aug-2012
Social Islami Bank Limited has recently arranged an Iftar Mahfil
Social Islami Bank Limited has recently arranged an Iftar Mahfil and Discussion meeting on Blessings of Ramadan and Piety through Cash Waqf at Officers Club, Baily Road, Dhaka. The chairman of the Board of Directors of the bank Alhajj Nasiruddin was present in the program as Chief Guest. Former Chairmen and Directors of the bank were present as special guests. Managing Director Mr. Muhammed Ali presided over the program. Eminent Islamic scholars of the country delivered their speeches on the blessings of Ramadan and how to earn piety by contributing in Cash Waqf Scheme.

After the discussion session a grand Iftar Mahfil was arranged in honor of the valued clients and well-wishers of the bank.
01-Aug-2012
Social Islami Bank Limited files suit against 3 Jeddah based entities, International Islamic Relief Organization (IIRO), Islamic Charitable Society and Mr. Shahir A.R. Battarjee
Social Islami Bank Limited filed suit in the court of the 5th joint District Judge, Dhaka seeking the honorable courts intervention to delist 3 Jeddah based entities, International Islamic Relief Organization, Islamic Charitable Society and Mr.Shahir A. R. Battarjee from the share holder register of the Bank.US Senate in a recent inquiry exposed British bank HSBCs failure to control flows of suspect funds into USA through HSBCs network. The report also mentioned 2 Jeddah based organizations, International Islamic Relief Organization, Islamic Charitable Society who incidentally held some shares of Social Islami Bank Limited which they subscribed at the time of setting up the Bank in 1995 are under UN and OFAC sanction as now revealed. Lately, another name of such a shareholder Mr. Shahir A.R.Batterjee of Jeddah who also held some shares of the Bank purchased at the time of setting up the Bank in 1995 came to the notice of the management of the Bank. Although the Bank had no connection, whatsoever, with these entities from the very beginning, the bank in its efforts to clean its share holding register from such conspicuous share holders under UN and OFAC sanction has already filed suit in the court of the 5th joint District Judge, Dhaka seeking the honorable courts intervention to delist these 3 entities from the share holding register of the Bank. Upon selling of the shares of these 3 entities the proceeds of the sale shall be deposited to any escrow account or as would be decided by the honorable court. The Bank reiterates that the bank shall, in no way, entertain any kind of business or any relations with any entities, organizations whatsoever having sanctioned under UN or OFAC of USA. Moreover, Social Islami bank Limited is always committed to comply with all international and local regulations, policies and standard practices specially anti money laundering rules globally in force.
29-Apr-2012
SIBL@i bank
Social Islami Bank Limited in its journey towards continuous excellence had launched SIBL@ i bank with a view to provide web-based Internet Banking services to its customer from anywhere anytime. Under this service customers can check their A/c balance, print A/c statement, place cheque book request, inquire cheque status, transfer fund with allied accounts and also pay utility bills.

The Chairman of the Bank Mr. Md. Anisul Hoque was present in the program as Chief Huest and inaugurated the workshop.

He said that in its journey towards continuous excellence SIBL has stepped forward in boundary less banking services, any where, any time in which specially valued expatriate Bangladeshi wage earners living and working in different countries can now check their accounts with SIBL and perform various transactions which shall ease their anxieties.

The managing director emphasized that SIBL shall grow to become the best technology friendly bank in the country and shall use all modern banking channels to deliver most wonderful and satisfying services to its valued customers.

He has also said the SIBL has focused on the latest technological development to become the bank of choice for the technology loving future generations of the country to take forward the country to a new era of modern and dynamic bank.
Among others Deputy Managing Directors Mr. Md Shafiqur Rahman, Mr. AMM Farhad, Mr. Mohammad Mohashin Miah anf Senior Executives of Head Office were present in the program.
10-Apr-2012
International Womens Day-2012
To celebrate the International Womens Day-2012 Social Islami Bank Limited arranged a reception program in honor of the women employees of the Corporate Office and Dhaka City branches of the Bank. The Chairman of the Board of Directors of the Bank Mr. Md. Anisul Hoque was present in the program as Chief Guest. The Chairman of the Political Science Department of Dhaka University Professor Dr. Shawkat Ara Husain was present in the program as Special Guest. Ms. Shireen Akhterun Nessa, Vice President and Head of Retail and Trade Finance Division of Corporate Office presided over the program.
10-Apr-2012
Signing of BEFTN Origination Agreement and Service Agreement
Managing Director of Social Islami Bank Limited Mr. Muhammed Ali and Managing Director of Rupali Life Insurance Company Ltd. Mr. M. Noor Mohammed Bhuiyan are exchanging documents after signing of BEFTN Origination Agreement and Service Agreement between Social Islami Bank Limited and Rupali Life Insurance Company Ltd. Chairman of Rupali Life Insurance Company Ltd Mr. Mahfuzur Rahman, DMD- Finance Mr. Biswajit Kumar Mondal and DMD- Admin Mr. Golam Kibria and Deputy Managing Director of SIBL Mr. A.M.M. Farhad are also seen.
10-Apr-2012
Launching the Digital MIS Templates for SME Investment in SIBL
The Managing Director of Social Islami Bank Limited Mr. Muhammed Ali is launching the Digital MIS Templates for SME Investment in SIBL. Deputy Managing Directors of the Bank, Heads of Divisions of Corporate Office and Heads of Dhaka City Branches were also present in the launching program. The template will give a summary and a detailed pictures of SME investment of SIBL.
31-Jan-2012
United we Stand
With a view to uphold the image and popularity of the Bank through united and co-ordinated effects by all employees of the bank in its journey towards continuous excellence Social Islami Bank Limited had Launched a new campaign -United we stand. Banks Managing Director Mr. Muhammad Ali launched the campaign in a simple ceremony organized at the Banks Corporate Office, City Center, Motijheel.

Deputy Managing |Directors Mr. Md. Shafiqur Rahman, Mr. A.M.M Farhad, Mr. Mohashin Miah and Heads of Division of Corporate Office were present in the program.

Mr. Muhammad Ali inaugurated the Campaign by handing over the logo of the campaign to the Manager of Foreign Exchange Branch and Manager Operation of Principal Branch.
18-Jan-2012
SIBL has changed its brand logo
SIBL has changed its brand logo through a colourful functin at Coxs Bazar sea beach recently.The Chairman of bank Mr. Md. Anisul Hoque, Managing Director Mr. Muhammad Ali and Honble Directors of the Bank jointly unveiled the new logo.

SIBL passed a sucessful year 2011 through generating highest business growth interms of profit amidst unfevourable maket conditions and also set superior service delivery for its customers through implemention of real time on line state of-the-art banking technology. In its journey towards continuous excellance the bank has decided to change its logo, the new logo depicts birds wing, 9(nine) feathers, to represent its comfortable and safe flying in the economic sky of the country connecting it with the global sky by passing the territorial Boundary. The wings are colored in red in a green background. Red symbolizes the vigour and enthusiasm of youth and the green symbolizes love for the dear motherland, Bangladesh a country of greenary. Moreover 9 feathers represent- Honesty, Transparency, Efficiency, Accountability, Reliability, Innovation, Flexibility, Security and Technology flying towards continuous excellence.

In the unveiling ceremony at Coxs Bazar the Managing Director of the Bank Mr. Muhammad Ali said In our Journey towards Continuous Excellence we take pride in our New Logo. He urged all the executives and officers to work with utmost sincerity, efficiency and new spirit with a view to take the bank to a new height.

The Senior Executives of the Bank and Managers of 76 branches along with their family were present in the program.
13-Jan-2012
SIBL BUSINESS CONFERENCE 2012
The Annual Business Conference 2012 of Social Islami Bank Limited (SIBL) was held on January 13, 2012 at Hotel The Cox Today, Coxs Bazar. Banks honble Chairman Mr. Md. Anisul Haque was present in the Conference as Chief Guest. Honble Vice Chairman Mr. Mohammad Azam, Directors Alhaj Sultan Mahmood Chowdhury, Mr. Md. Nurul Amin, Major (Retd) Dr. Md. Rezaul Haque, Dr. Lily Amin, Alhaj Nasiruddin, Mr. Noor-A-Alam Chowdhury, Mr. Md. Lutfur Rahman, Ms. Tahura Akhter, and Alternate Director Mr. Md. Golam Mostafa were present in the conference. Managing Director of the Bank Mr. Muhammad Ali presided over the conference. Senior Executives, and Managers of 76 Branches of the bank were present in the conference. Business targets for the year 2012 and strategy for achieving the targets were adopted in the conference.

SIBL Managing Director Mr. Muhammad Ali in his valuable speech appreciated the Branch Managers for their achievement and success. He said the bank has made tremendous success in the year 2011. He advised the Branch Managers to work hard for the overall development of business and to achieve the targets set forth for of 2012. So that this Bank can become one of the best private banks of the country. He also advised the Branch Managers to increase their efforts to mobilize more deposits and earn more profit.
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