Social Islami Bank arranged a business review meeting on 02 October at the bank’s head office. Mohammad Forkanullah, Managing Director (Acting), was present as chief guest. Abdul Hannan Khan, Deputy Managing Director, Md. Nazmus Saadat, Head of MDS & Investment Wing, Abul Ahsan Muhammad Habibur Rahman, Head of IC & CD, Abu Rushd Iftekharul Haque, Head of TF & RMG, Md. Shahriar Khan, Head of HRD, and Mohammad Shoeb, Head of FAD along with senior officials were present at the meeting. All branch managers and sub-branch in-charges joined the program virtually.

Mohammad Forkanullah, Managing Director (Acting) said that the temporary setback in liquidity management would improve soon with the help of Bangladesh Bank. He hoped that clients can carry on their transaction according to their requirement. He urged the clients to be patient and mentioned that their deposited money is fully secured with our bank. He mentioned that Social Islami Bank will soon return to normal transactions and expressed earnest apology to the clients for the temporary inconvenience due to liquidity crunch. He again urged customers to be patient and continue transacting with the bank as usual.

SIBL Securities Limited held 59^th Board meeting on 29 September at the bank’s head office. Md. Morshed Alam Khondoker, Director of the Bank & Chairman of SIBL Securities, presided over the meeting. Other directors of SIBL Securities Limited Mohammad Forkanullah, Managing Director (Acting) of Social Islami Bank, Abdul Hannan Khan, Deputy Managing Director of Social Islami Bank, Md. Nazmus Saadat, Head of MDS & Investment Wing of Social Islami Bank, Mohammad Shoeb, Head of FAD of Social Islami Bank, and Walid Mahmud Sobhani, CEO of SIBL Securities, along with senior officials of the securities were also present at the event.

Social Islami Bank launched three week-long foundation training on banking of the newly-joined probationary officers on 29 September at the bank’s head office. Maksuda Begum, Vice Chairman  & Chairman of EC Committee of the Bank, inaugurated the training program as the chief guest. Mohammad Forkanullah, Managing Director (Acting) of the Bank, was present as special guest. Abdul Hannan Khan, Deputy Managing Director, Md. Shahriar Khan, Head of HRD, Md. Mazadul Hoque, In-charge of Training Institute, and other officials were also present on the occasion. Around 40 probationary officers attended the training program.

Maksuda Begum, Vice Chairman & Chairman of EC Committee, said that foundation training is crucial for the new joiners. She also asked the participants to implement their earned knowledge in banking activities. We are working to direct the Bank in the right direction for achieving the goals.

Social Islami Bank held 518^th Board meeting on 26 September at the bank’s head office. Professor Dr. M. Sadiqul Islam, FCMA, Chairman of the Bank, presided over the meeting. Among others, Maksuda Begum, Md. Morshed Alam Khondoker, and Md. Anwar Hossain, FCA, Directors of the Bank, were present at the meeting. Mohammad Forkanullah, Managing Director (Acting), Abdul Hannan Khan, Deputy Managing Director, Md. Nazmul Ahsan, FCS, Company Secretary, were also present at the event.

Professor Dr. M. Sadiqul Islam, FCMA, Chairman of the Bank, said that the Bank would turn around soon. Bangladesh Bank has already taken steps to ease liquidity crunch. We are strengthening our efforts to recover non-performing investment.  He is optimistic that the Bank would recover the current situation shortly.

Social Islami Bank held Executive Committee (EC) meeting on 19 September at the bank’s head office. Maksuda Begum, Chairman of EC, presided over the meeting. Professor Dr. M. Sadiqul Islam, FCMA, Chairman of the Bank, Mohammad Forkanullah, Managing Director (Acting), Abdul Hannan Khan, Deputy Managing Director, and senior executives were also present at the event.

Maksuda Begum, Chairman of EC & former executive director of Bangladesh Bank, said that our main objective is to bring back client’s trust in this present context of the bank. She stated that we are vigorously working to come out of this situation. She urged the clients to be patient considering the situation and mentioned that their deposited money is fully secured with our bank.