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Press Release
15-May-2011
SIBL launches own proprietary Zameel Debit Card
In its move towards modern and technology based banking Social Islami Bank Ltd ( SIBL) has launched its own proprietary debit card. Customers of the bank shall have access to 403 ATM booths of the 25 banks in Q-cash network to draw money and check account statement . SIBL Managing Director Mr Muhammad Ali launched the card handing over one to a client in banks Dhanmondi Branch on 15.05.2011. SIBL Deputy Managing Directors Mr Nurul Alam Chowdhury and Mr Md Shafiqur Rahman , Senior EVP Mr AMM Farhad , other senior executives of the bank and clients were present in the launching ceremony.
11-May-2011
Social Islami Bank Ltd launches Shukher Thikana
Social Islami Bank Limited has launched a special deposit product SHUKHER THIKANA specially designed for the female workers of the Garments factories. However, other lower and mid level income groups and people working in hazardous conditions may avail this product. The product has insurance coverage for the depositor during the tenure of the deposit scheme against personal accident or accident at work place like injuries in fire, damage or loss of body parts, accidents in roads etc.

The product was launched at Riverside Sweaters Ltd at Hasnabad Dhaka in a simple ceremony attended by the Garments factory workers, entrepreneurs where the Managing Director of the Bank Mr. Muhammad Ali was present as the Chief Guest and launched the product by handing over a Shukher Thikana account to female RMG worker.

Insurance compensation under the product shall range between Tk 50000.00 to Tk 10000.00 irrespective of the size of the amount of scheme deposit, Shukher Tikhana, depending on the extent of injury/loss of body parts/complete inability to work and death. Premium shall be borne by the Bank

The Additional Managing Director Mr. Abu Sadek Md. Sohel, executives of SIBL , The Riverside sweater Factory Ltd and Pragoti Insurance Company Ltd were present in the launching Ceremony.
11-May-2011
SIBL launches CTPU and Card Centre in Chittagong
Social Islami Bank Ltd (SIBL) has started Central Trade Processing Unit( CTPU) and Card Centre at Agrabad in Chittagong. Managing Director of Social Islami Bank Ltd Mr. Muhammad Ali inaugurated the CTPU and Card Centre recently in SIBL Agrabad Branch premises.

CTPU would make foreign trade processing in SIBL Chittagong area faster. Opening of Card Centre shows SIBLs efforts to bring services closer to the clients. Senior Executive Vice President Mr.A M. M Farhad, other Executives of SIBL and Clients were present in this opening ceremony.
11-May-2011
Social Islami Bank Limited holds 16th Annual General Meeting
16th Annual General Meeting of Social Islami Bank Limited was held on 28th April 2011 at Golf Garden of Army Golf Club, Air Port Road, Dhaka. Proposals for annual financial statement 2011, 14% stock dividend and all other agendas were approved by the shareholders in the AGM. Banks Chairman Alhaj Sultan Mahmood Chowdhury presided over the meeting which was attended by Directors, Managing Director Mr. Muhammad Ali, Shareholders and Banks Executives.
11-Apr-2011
SIBL SIGNS MOU WITH ASIAN UNIVERSITY
A memorandum of understanding ( MOU) has been signed between Social Islami Bank Limited ( SIBL) and Asian University of Bangladesh. SIBL Managing Director Mr Muhammad Ali and University Vice Chancellor Dr.Abul Hasan M Sadeq signed the deal on behalf of their respective organizations in head office of the bank on 11.04.2011. Under the MOU SIBL would use state of the art technology to collect tuition fees of the university from different points in Dhaka . Also, the students, teachers and other staff members of the university are eligible of getting prioritized services of SIBL. SIBL Additional Managing Director Mr Abu Saked Md Sohel and other senior executives of the university were present the ceremony.
09-Apr-2011
SIBL Organises Expats Fair
Social Islami Bank Limited has organized a fair for the expatriates on 09.04.2011 at Gopaldi of Araihazar Upazilla in Narayanganj. Mr. Nazrul Islam Babu, MP, inaugurated the fair being present as chief guest. SIBL Managing Director Mr. Muhammad Ali presided over the inauguaral function of the fair which was attended among others by Araihazar Upazilla Chairman Mr. Shahjalal Mia, SIBL additional Managing Director Mr Abu Sadek Md Sohel , other senior executives of the bank and local elites of Gopaldi. Huge number of people from Gopaldi area are working in different countries including Malaysia and Middle East. SIBL officers explained to the visitors the ways and means of remitting hard earned wages to the beloved ones back home. Different financial institutions and NGOs involved in the welfare of the expatriates took part in the fair.
29-Mar-2011
Subarnalata, Subarnarekha, Shobujchaya, Sabujsayanho,Sanchita are new deposit products of SIBL
Social Islami Bank Limited has launched five deposit products named Subarnalata, Subarnarekha, Shobujchhaya, Shabujsayanho, and Sanchita. Attractive profit , insurance facility , debit and credit cards without fees, shopping at discounted rates etc are the benefits earmarked for the clients of these newly launched deposit products. Former advisor to the caretaker Government Rokia Afzal Rahman and female entrepreneur Kaniz Almas Khan inaugurated the products handing over those in a ceremony held on 29.03.2011 at SIBL Banani Branch. Managing Director Muhammad Ali presided over launching ceremony which was attended among others by SIBL Board Audit Committee Chairman Md. Rezaul Haque and SIBL senior executives and the dignitaries.
05-Mar-2011
Social Islami Bank Limited has Honoured the Exporters
Social Islami Bank Limited has honoured exporters for their valuable contribution to the economy. 70 exporting companies were awarded SIBL crest and 7 companies were awarded SIBL trophies in a ceremony held in Bangabandhu International Conference Centre on 05.03.2011. SIBL Chairman Alhaj Sultan Mahmood Chowdhury distributed the trophies and crests among the exporters being present as chief guest. Banks Managing Director Mr. Muhammad Ali presided over the award giving ceremony which was attended among others by Chairman of Bangladesh Association of Banks Mr. Md. Nazrul Islam, SIBL Directors, Executives and exporters.
27-Feb-2011
SIBL donates to shaheed military family
Social Islami Bank Ltd is bearing the expenses of Major Mostafa Mahmood who was martyred in BDR carnage in 2009. SIBL Chairman Mr. Sultan Mahmood Chowdhury handed a cheque through Honble Prime Minister Sheikh Hasina in Gonobhaban on 27.02.2011 to Shahpar Khan Shampa, widow of Shaheed Major Mostafa Mahmood
27-Dec-2010
7TH Extra Ordinary General Meeting
7th Extra Ordinary General Meeting of Social Islami Bank Limited was held on 21 December 2010 at Hotel Purbani International, Dhaka. Proposals for increase of authorized Capital from Tk.400 (four hundred) crore to Tk.1000 (one thousand) crore and issuing of 1:1 Right Share were approved by the shareholders in the EGM. Banks Chairman Alhaj Sultan Mahmood Chowdhury presided over the meeting which was attended by Directors, Managing Director Mr. Muhammad Ali, Shareholders and Banks Executives
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