First Security Islami Bank PLC

About First Security Islami Bank PLC

First Security Islami Bank PLC, Bangladesh's largest and newly constituted state-owned Islamic bank, has been established to strengthen financial inclusion, support socioeconomic development, and deliver modern Shariah-compliant banking services nationwide. The bank was formed through the merger of five troubled Islamic banks: EXIM Bank, First Security Islami Bank, Global Islami Bank, Social Islami Bank, and Union Bank. Authorized capital is Tk 40,000 crore, with a paid-up capital of Tk 35,000 crore, comprising Tk 20,000 crore from the government and Tk 15,000 crore from depositors' contribution. The vision is to be the premier financial institution in the country providing high quality products and services backed by the latest technology and a team of highly motivated personnel to deliver excellence in banking. The mission is to contribute to the socio-economic development of the country, attain the highest level of satisfaction through the extension of services by dedicated and motivated professionals, maintain continuous growth of market share ensuring quality, ensure ethics and transparency at all levels, and ensure sustainable growth and establish full value for the honorable shareholders.