Socio-Economic Development in Bangladesh - The Role of Islami Bank Bangladesh Limited

Abstract

This article presents the role of Islami Bank Bangladesh Limited (IBBL) towards the socio-economic development of Bangladesh. The study analyses various published texts, articles, websites and recent annual report of IBBL through a content analysis. Key findings of this study manifest the different areas of socio-economic development in Bangladesh by IBBL like generating employment, earning foreign remittance, strengthening rural economy, promoting ecology and green banking, boosting industrialization, developing the SMEs, assisting in foreign trade (import-export), developing the housing sector, contributing to the national exchequer and performing corporate social responsibility (CSR). This study also identifies IBBL’s contribution to Corporate Social Responsibility in Bangladesh as well as its significant contribution to the national exchequer