Islami Bank Bangladesh Limited (IBBL) has achieved expected performance in the first seven months of the year.

Showing a growth rate of 21 per cent, the total deposit reached Tk 223.81 billion on July 31, 2009 and the total investment reached Tk 215.15 billion.

The bank handled foreign exchange business amounting to Tk 256.04 billion including import worth Tk 87.16 billion, export worth Tk 61.11 billion and collected remittance of Tk 107.77 billion upto July 31,2009.

The information was disclosed at the 'Performance Review Meeting' of heads of wings, divisions and departments of the head office and different zones of Dhaka city recently.

IBBL Managing Director M Fariduddin Ahmad presided over the meeting.

Deputy managing directors Shamsul Haque, Mohammad Abdul Mannan, Habibur Rahman and Setaur Rahman were also present.