Dhaka, June 17 -- The stability of Islami Bank Bangladesh PLC (IBB) is an indispensable element for the country's overall economic health, said Mohammad Zahir Hussain, Executive Director of Bangladesh Bank and authorized representative for the bank's board affairs.

"Islami Bank is a systemically important bank in Bangladesh's financial system. This institution is closely inter-related with the country's imports and exports, remittance, foreign trade, the businesses of millions of entrepreneurs, and the financial activities of crores of people," he said.

He made the remarks as the chief guest during an exchange of views meeting with the officials and employees of IBB held at the Islami Bank Tower in Motijheel on Wednesday. Senior executi...