Social Islami Bank PLC
Social Islami Bank PLC (SIBPLC) is a Shari’ah based islami bank in Bangladesh. It was established on 22 November, 1995 as Social Investment Bank Limited. It is a public limited company registered under the Companies Act of 1994 and regulated by Bank Company Act 1991. Later it changed name to Social Islami Bank PLC. At present, SIBPLC has 4000 employees, 179 branches including 22 AD (Authorized Dealer) branches, 213 sub-branches & 375 agent banking outlets across the country. SIBPLC comprises of SIBL Securities Ltd, SIBL Investment Ltd, SIBL Foundation Hospital. The three-tier banking model (Formal, Non-formal & Voluntary), the first of its kind in the banking arena of Bangladesh, brings a new dynamism in welfare banking targeting eradication of poverty of the country with a motto of “Working Together for a Caring Society”.
The Bank works closely with their valued clients and stakeholders to provide them one-stop services, access to the very latest products using technology. The strong conviction to create a caring society is the cornerstone of SIBPLC’s all activities. SIBPLC feel a strong affinity to the emotions of people. SIBPLC believe that only banking activities can’t usher their society to a just and equitable stage. Thus they are extensively engaged in CSR activities on humanitarian grounds. They work in the fields such as from poverty eradication to family empowerment. Unlike others, the Bank’s criteria for success are not only the key objective to make profit but also landmarks to become the country’s most humanitarian and complete Bank.