IBBL meaning in Banking ?

Answer: What is Islami Bank Bangladesh Limited mean?

Islami Bank Bangladesh Ltd. (IBBL) (Bengali: ইসলামী ব্যাংক বাংলাদেশ লিমিটেড) is an Islamic banking company based in Bangladesh. It became incorporated on 13 March 1983 as a public limited company under the Companies Act 1913. It has 36.91% local and 63.09% foreign shareholders. As of November 2019, IBBL has 350 branches including 59 AD Branches & 03 Offshore Banking Units as well as has more than 13,500 staffs. In addition to that, IBBL maintains its own 621 ATM Booths and 33 IDM (IBBL Deposit Machine), along with 6,000 shared ATM network across the country. IBBL mobilizes around 29% of the country remittance. In 2015, it serves US$3,903.21 million out of US$15,316.75 million of total country remittance. As such, IBBL is the largest private banking network in Bangladesh. When IBBL was established, it was the first bank in Southeast Asia to provide banking service based on Shariah. The bank is listed with both Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd.

reference

Full Form	Category
Islami Bank Bangladesh Limited	Banking
Islami Bank Bangladesh Ltd	Business