IBBL inaugurates 2,000th agent banking outlet

Islami Bank Bangladesh Limited launched the 2,000th agent banking outlet along with 127 agents across the country.
Md Mahbub ul Alam, managing director and CEO of the bank inaugurated the agent outlets as chief guest at a virtual platform on Sunday, read a press release.
Additional Managing Directors Mohammed Monirul Moula, Muhammad Qaisar Ali and Md Omar Faruk Khan addressed the programme as special guest.
Md Mosharraf Hossain, deputy managing director of the bank presided over the programme while Md Mahboob Alam, head of agent banking division delivered the welcome speech.
Top executives, Head of concerned zones and branches, proprietors of agent outlets, clients, well-wishers and dignitaries participated in the function.
Md Mahbub ul Alam said 2,081 agent banking outlets are as important units as 366 branches and 151 Sub-branches of IBBL. The inauguration of 127 banking units in a day is an example for the banking sector. These units have opened the door to technology-rich financial services for the people in remote areas of the country, he added.
He further said that on the 3rd anniversary of Agent Banking operation, the deposit stood at Tk4,700 crore, daily transactions at Tk750 crore and daily remittance collection is Tk150 crore. In 2020, remittances of Tk21,230 crore have been collected through IBBL agents.