Foreign Exchange Operation and Performance of First Security Islami Bank Limited -A Study on Dhanmondi Branch, Dhaka

Abstract

"First Security Islami Bank Limited (FSIBL)" is one of the pioneers of our nation's modern, progressive Islamic banking system, which is founded on the Sharia’h. It is an entirely shariahcompliant bank that abides by all Islamic laws and guidelines. On October 25, 1999, First Security Islami Bank Ltd. was established. On January 1st, 2009, our bank's board of directors and management decided to convert it to a fully operational Islami bank after taking into account public demand and providing justification for their smart decision. "First Security Islami Bank Limited (FSIBL)" is assiduously striving to create a long-term strategy plan to continue dynamic expansion while realizing the changing habits of all types of clients and to become the benchmark of advancement in our nation's banking industry. It offers convenient access to a wide range of consumers across the nation through a variety of delivery channels, including branches, sub-branch locations, agent banking outlets, ATM booths located all over the country, and applications. Internet banking and mobile financial services are based on the "FSIBL Cloud". The mission of "First Security Islami Bank Limited (FSIBL)" is to create long-term shareholder value while offering the best possible customer service. The bank has a long history of making significant contributions to Bangladesh's financial sector during a two-decade period. First Security Islami Bank Limited has nine zone offices, 204 branches, 229 ATMs, 160 subbranch locations, 85 agent banking sites, and 27 collection booths.