BB allows Southeast Bank to provide Islamic banking

Staff Correspondent

10 February, 2021 12:00 AM printer

BB allows Southeast Bank to provide Islamic banking

Bangladesh Bank has allowed Southeast Bank Limited to provide Shariah based Islamic banking services besides conventional banking at its all business centers.

With the approval of the Bangladesh Bank, it will be easier to provide all modern and technology backed Islamic Banking Services from all business centers of the bank in addition to the conventional banking services, said a press release.

 Southeast Bank presently has 5 fully Islamic Banking branches, named Motijheel Branch, Dhaka, CDA Avenue Branch, Chottogram, Bondorbazar Branch, Sylhet, Chagolnaiya Branch, Feni, and Cox’s Bazar Branch.

Southeast Bank has been providing Islamic banking services under the brand name of “Southeast Tijarah” since 2003.

It is mentionable that, at present Southeast Bank has 135 branches and 18 uposhakhas.