Staff Reporter :
Dr Ahsan H Mansur, Governor of Bangladesh Bank, has stated that several banks on the brink of bankruptcy have achieved remarkable recovery due to enhanced regulatory oversight and improved management practices.
“Banks are not private assets or family-owned entities; they belong to
the people. Depositors are the real stakeholders of banks.
Among the ten banks that faced potential bankruptcy, many have successfully turned their situations around,” Dr Mansur said at the inauguration of Islami Bank Bangladesh PLC’s 400th branch in Ghatail, Tangail, on Saturday.
Addressing concerns over money laundering, the Governor assured that measures are underway to recover funds illicitly taken abroad by absconders.
Commenting on inflation, he remarked, “Although inflation remains high, we are working diligently to bring it under control. By June next year, we aim to stabilise the rate to a more manageable level.”
Dr Mansur also praised the achievements of Islami Bank, stating, “Islami Bank is the country’s leading financial institution, trusted by millions. Its progress is vital for the economy.
Over the past five months, the bank has significantly improved its position, securing Tk 7,000 crore in new deposits and retaining its top position in remittance collection. The bank’s future appears highly promising.”
Expressing optimism about reviving foreign investor interest, the Governor emphasised that Islami Bank has the potential to expand tenfold and reclaim its stature as an international financial institution.
The inauguration ceremony, chaired by Islami Bank Chairman Obaid Ullah Al Masud, showcased the bank’s extensive operations, which include 400 branches, 265 sub-branches, over 2,800 agent outlets, and more than 3,000 ATMs and CRM machines nationwide.
Islami Bank Bangladesh PLC continues to set industry standards, contributing to economic growth in both rural and urban areas while adhering to its commitment to Shariah-compliant and welfare-driven banking principles.
