First Security Islami Bank Limited(FSIBL)
Introduction of First Security Islami Bank Limited:
First Security Islami Bank Limited was incorporated on 29 August ,1999 as acommercial bank. It
started operations on 25 October,1999 with an authiorized capital of 1 billion taka. Mohammad
Saiful Alam, the chairman of S.Alam group of Industries is the chairman of First Security Islam
Bank Limited. From 2009 the bank started sharia banking. Currently, the bank has 126
branches and 80 ATM Booths in Bangladesh and two foreign exchange house in Canada and
Italy.
The services of bank:
Online branch banking :FSIBL has set up wide Area Network through Radio, fiber optics,
and other available communication media systems to provide any branch banking to the
customers. Customer of one branch is now able to deposit and withdraw money at any
of the bank branches. All branches are included in our Wide Area Network. No
telephone transfer or Demand draft or cash carrying will be necessary.
SMS Banking: First security Islami Bank Ltd has officially launched sms banking service
from December 27, 2007.A service provided by them which enables customers to
perform some financial transactions using SMS.
Locker Service:For safe keeping of customers valuables like important documents and
goods like jewelries and gold ornaments. Fsibl locker service is available in most of the
branches in urban areas.
ATM banking: First security IslamiBank ltd has implemented successfully Automated
Teller Machine (ATM) card transaction from june 25, 2008. Through Automated Teller
Machine (ATM), Debit card, customer can avail the facilities like withdraw money,
balance inquiry and purchase goods from point of sale (POS) using Dutch Bangla Ltd.
ATM Booth and POS machine.
Cloud banking: FSIBL has launched its cloud banking system on March 27, 2019. Itrefers
to provision and ailment of banking and financial services with the help of mobile
telecommunication devices. The scope of offered services may include facilities to
conduct bank and stock market transactions to administer accounts and to access
customized information.
Agent banking: First Security Islami Bank Ltd got permission from Bangladesh to
commence agent services on September 01,2015.It is a mini banking system looking
exactly like a model branch where the following services such as Account opening, Cash
deposit /Withdrawal,BEFTN(Bangladesh Electronic Fund Transfer Network), BACH,RTGS
etc in limited scale.
Offshore banking: FSIBL has commenced the operations of offshore banking business on
August 05,2020through opening offshore banking unit(OBU).Offshore banking conducts
banking business activities in foreign currencies in compliance with the rules and
guidelines of Bangladesh Bank.
Women empowerment investment: First Security Islami Bank Ltds mission is to support
economic development by involving demoted and rural women in livelihood activities
through investment in cottage, macro and small sectors.
Introduction of First Security Islami Bank Limited:
First Security Islami Bank Limited was incorporated on 29 August ,1999 as acommercial bank. It
started operations on 25 October,1999 with an authiorized capital of 1 billion taka. Mohammad
Saiful Alam, the chairman of S.Alam group of Industries is the chairman of First Security Islam
Bank Limited. From 2009 the bank started sharia banking. Currently, the bank has 126
branches and 80 ATM Booths in Bangladesh and two foreign exchange house in Canada and
Italy.
The services of bank:
Online branch banking :FSIBL has set up wide Area Network through Radio, fiber optics,
and other available communication media systems to provide any branch banking to the
customers. Customer of one branch is now able to deposit and withdraw money at any
of the bank branches. All branches are included in our Wide Area Network. No
telephone transfer or Demand draft or cash carrying will be necessary.
SMS Banking: First security Islami Bank Ltd has officially launched sms banking service
from December 27, 2007.A service provided by them which enables customers to
perform some financial transactions using SMS.
Locker Service:For safe keeping of customers valuables like important documents and
goods like jewelries and gold ornaments. Fsibl locker service is available in most of the
branches in urban areas.
ATM banking: First security IslamiBank ltd has implemented successfully Automated
Teller Machine (ATM) card transaction from june 25, 2008. Through Automated Teller
Machine (ATM), Debit card, customer can avail the facilities like withdraw money,
balance inquiry and purchase goods from point of sale (POS) using Dutch Bangla Ltd.
ATM Booth and POS machine.
Cloud banking: FSIBL has launched its cloud banking system on March 27, 2019. Itrefers
to provision and ailment of banking and financial services with the help of mobile
telecommunication devices. The scope of offered services may include facilities to
conduct bank and stock market transactions to administer accounts and to access
customized information.
Agent banking: First Security Islami Bank Ltd got permission from Bangladesh to
commence agent services on September 01,2015.It is a mini banking system looking
exactly like a model branch where the following services such as Account opening, Cash
deposit /Withdrawal,BEFTN(Bangladesh Electronic Fund Transfer Network), BACH,RTGS
etc in limited scale.
Offshore banking: FSIBL has commenced the operations of offshore banking business on
August 05,2020through opening offshore banking unit(OBU).Offshore banking conducts
banking business activities in foreign currencies in compliance with the rules and
guidelines of Bangladesh Bank.
Women empowerment investment: First Security Islami Bank Ltds mission is to support
economic development by involving demoted and rural women in livelihood activities
through investment in cottage, macro and small sectors.
