A Group of Companies having annual turn over about USD1.0 Billion located in Bangladesh serving domestic market mainly with little footge in export market. Product handled Cold Rolled Steel Coil, Galvanized Corrugated Iron Sheet, deformed Bar, Cement, Tobacco, Cigarette, condensed Milk, Full Cream Milk Powder, Food Grains, Serials etc.
Islami Bank Bangladesh Ltd. (IBBL) is the pioneer of Islamic banking in Bangladesh. It became incorporated on March 13, 1983 as a public limited company under the Companies Act 1913. It has 36.91% local and 63.09% foreign shareholders. With over 300 branches and 13,000 staffs, IBBL is the largest private banking network in Bangladesh. When IBBL was established, it was the first bank in South-East Asia to provide banking service based on Shariah The bank is listed with both Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd.
IBBL's world rating:
Islami Bank Bangladesh Limited, the largest private bank of Bangladesh placed among Top 1000 world banks 2012 list. UK based century old financial magazine The Banker published this list analysing in depth-data & industry's performance.
The Banker's Top 1000 World Banks ranking has been setting the industry benchmark since 1970, providing comprehensive intelligence about the health and wealth of the banking sector.
Alongside strong global banks of the developed and emerging countries, Islami Bank positioned in the list as the lone financial institution of Bangladesh. Inclusion of Islami Bank in the prestigious club of best 1000 is tantamount of global recognition of overall development of Bangladesh Banking Sector.
Now IBBL is the number one Private Commercial Bank in Bangladesh.
As per Bankers' Almanac (January 2001 edition) published by the Reed Business Information, Windsor Court, England, IBBL's world Rank is 1771 among 3000 banks selected by them. This position was 1902 among 4500 selected banks as on January 1999 edition.
Global Finance, a reputed US-based quarterly magazine, awarded IBBL as the best bank of Bangladesh for the Year 1999, 2000, 2004, and 2005, and the best Islamic financial institution of Bangladesh every year from 2008 through 2013.
Diversity in business & entrepreneurship helped Bashundhara Group (BG) to become the leader amongst the business houses in Bangladesh directly employing a workforce not less than 50 thousand which indirectly covered livelihood of half a million people. BG has started operation as a real estate venture known as “Bashundhara” under the aegis of East-West property development Ltd in 1987. This project turned out to be a very successful one & had helped foster the growth of trust & confidence of the urban people in “Bashundhara” Dhaka’s burgeoning population, coupled with a conspicuously slow growth of housing led to the landmark success of Bashundhara.
Bashundhara geared up to invest in new fields, including production of cement, paper, tissue, steel, LPG among others.
BG now has over 20 major concerns located in different areas of the country. The multifaceted shopping mall called the Bashundhara City has added glamor to the growth of the group. The BCDL is one step ahead in the effort to strengthen links with the general people through the unique offering of shopping & recreation facilities under one roof.
Latest addition to the group is its media house titled “East West Media Group Ltd” one of the largest of its kind, which was established in 2009 it now owns Bangla daily – “Kaler Kantho”, “Bangladesh Protidin” English daily “Daily Sun” online portal “banglanews24.com” etc. The media house is also planning to launch radio & TV channel.