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The charioteer of expatriates' dreams

Banking 2026-04-03, 10:55am

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Islami Bank Bangladesh PLC is currently an important partner in the banking sector. The contribution of this bank, especially in the remittance sector, is constantly strengthening the country's foreign exchange reserves. Currently, out of the approximately 20 million expatriates spread across different countries of the world, approximately 50 million expatriates have chosen this bank to send their hard-earned money home. 

It has been possible to gain the trust of this large number of expatriate customers due to the bank's transparent transaction system and the assurance of delivering money to their loved ones in the fastest time. In 2025, the amount of hard-earned money sent home by expatriate customers is approximately $33 billion, which is equivalent to approximately Tk 4,26 billion. Out of this, $6,204 million has been sent through Islami Bank, which is equivalent to approximately Tk 756 billion.

Currently, the bank's deposits of Tk 1,86,000 crore from more than 30 million customers is a unique milestone for the country's banking sector. The growing interest of people in Sharia-based banking is reflected in its deposit collection. Islami Bank alone holds about 39 percent of the total deposits of Islamic banks in the country. This huge amount of deposits is giving the bank an opportunity to invest heavily in the country's industrialization and infrastructure development. The contribution of this bank to the country's GDP is undeniable. 

Islamic Bank is playing a leading role in import and export trade, which is keeping the country's supply chain running. The bank's intensive investment in the SME sector, known as the backbone of the country's economy, has revolutionized the creation of new entrepreneurs, not only in big industries. 

In particular, the rural economy has been strengthened by providing banking services to the doorsteps of the marginalized communities through the Rural Development Scheme (RDS). As a result, employment has been created for millions of people, which is directly contributing to poverty alleviation. The bank is also playing a leading role in modern technology-based transaction volume.

The speed of transactions has increased several times by bringing digital banking services within the reach of the common man. It is widely acknowledged that Islami Bank Bangladesh PLC will further accelerate the country's economic progress in the coming days by continuing this trend of sustainable growth and inclusive banking. The unwavering trust of this large family of 30 million customers and the expatriates is the main strength of the bank's future path. - Press release