 | |
| Company type | Public Limited Company |
|---|---|
| DSE: FIRSTSBANK CSE: FIRSTSBANK | |
| Industry | Banking |
| Founded | Dhaka, Bangladesh |
| Headquarters | , Bangladesh |
Key people | Mohammed Abdul Mannan (Chairman) |
| Products | Banking services Consumer Banking Corporate Banking Investment Banking |
Number of employees | 1035+ (2023) |
| Website | fsibplc |
First Security Islami Bank PLC (Bengali: ফার্স্ট সিকিউরিটি ইসলামী ব্যাংক পিএলসি) is a public limited bank in Bangladesh which was founded on 29 August 1999 and provides sharia compliant banking.[1] Mohammed Saiful Alam, chairman of S. Alam Group of Industries, was the chairman of First Security Islami Bank Limited.[2] The bank experienced a cash crunch in 2022 after proving large unsecured loans.[3][4] The Bangladesh Bank on September 1, 2024, dissolved the board of First Security Islami Bank PLC, which was under the control of controversial S Alam Group, and appointed independent directors to the bank board.
- ^ "First Security Islami Bank grows from strength to strength". The Daily Star. 25 October 2021. Retrieved 12 January 2023.
- ^ "Board of Director". First Security Islami Bank Ltd. Retrieved 12 January 2023.
- ^ "New loan scams, dollar crunch hit banks in Bangladesh". New Age (Bangladesh). Retrieved 12 January 2023.
- ^ "Loan repayment further relaxed with banks under liquidity stress". The Business Standard. 18 December 2022. Retrieved 12 January 2023.