Social Islami Bank Limited (SIBL) launched three new deposit products considering the needs of common people, namely MTDR with Advance Profit, Mudaraba Sorbochcho Munafa Account, and Mudaraba Oychchik Shonchoy Account on Wednesday at its head office, a press release said on Friday. Zafar Alam, Managing Director and CEO of the bank,
Tag: Social Islami Bank
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SIBL opens back-to-back LCs for unlicensed companies
The Social Islami Bank Limited (SIBL) has given back-to-back LC facilities worth Tk 16,630 crore to two companies in Gazipur without required bonded warehouses licenses, official sources said. In case of duty benefited back to back LCs, there is an obligation to export goods, but no goods were exported by