Real-Time AI Research
0 search queries left
FlashIntel GPT
Hello! I'm FlashIntel GPT, your personal AI search assistant. Feel free to ask me anything about Social Islami Bank Ltd., and I'll do my best to assist you.
You

Tell me more about Social Islami Bank Ltd.?

FlashIntel GPT
Social Islami Bank Ltd. offers a range of financial services, including centralized remittance processing, SBI-WU outbound remittance services, and e-Account opening from abroad. The bank also provides global partners and a head office. With branches in various locations, it aims to meet the diverse financial needs of its customers
Want to view all employees of this company? Start for free trial.
Research Details
News &Insights
Key People

view 567 associated members

Social Islami Bank Ltd. In Short

Company Description of Social Islami Bank Ltd.

The SOCIAL ISLAMI BANK LTD (SIBL), a second-generation bank, operating since 22 November, 1995 based on Shariah Principles, has now 86 branches all over the country with two subsidiary companies - SIBL Securities Ltd. & SIBL Investment Ltd. Targeting poverty, SOCIAL ISLAMI BANK LTD. Is indeed a concept of 21st century participatory three sector banking model in one. In the formal sector, it works as an Islamic participatory Commercial Bank with human face approach to credit and banking on the profit and loss sharing: it is a Non-formal banking with informal finance and credit package that empowers and humanizes real poor family and create local income opportunities and discourages internal migration; it is a Development Bank intended to monetize the voluntary sector and management of Waqf, Mosque properties and introducing cash Waqf system for the first time in the history. In the formal corporate sector, this Bank would, among others, offer the most up to date banking services through opening of various types of deposit and investment accounts, financing trade, providing letters of guarantee, opening letters of credit, collection of bills, leasing of equipment and consumers' durable, hire purchase and instalment sale for capital goods, investment in low-cost housing and management of real estates, participatory investment in various industrial, agricultural, transport, educational and health projects and so on.

Dhaka,Dhaka District,Bangladesh

Show More

What does Social Islami Bank Ltd. offer?

Social Islami Bank Ltd. offers a range of financial services, including centralized remittance processing, SBI-WU outbound remittance services, and e-Account opening from abroad. The bank also provides global partners and a head office. With branches in various locations, it aims to meet the diverse financial needs of its customers