Bangladesh's Shahjalal Bank to diversify investment portfolios
Published 28 Mar,2021 via The Financial Express - Shahjalal Islami Bank Limited (SJIBL) has decided to diversify its investment portfolios focusing on small and medium enterprises (SMEs) and retail banking aiming to minimize risks, the bank's top executive has said.
"We've given special importance to SMEs, which is one of the important sectors for economic development of Bangladesh," M Shahidul Islam, managing director (MD) and chief executive officer (CEO) of SJIBL told the Financial Express (FE) in an exclusive interview recently ahead of its 20 years' anniversary.
The Shariah-based Islami bank has also given priority in short term investment to extend facility to meet the growing demand for working capital to industrial sector as well as SMEs, Mr. Islam explained.
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The Financial Express