Chapter-One
RDS of IBBL toward Poverty Alleviation

1.1 INTRODUCTION

Among the shariah based, banks IBBL is the largest commercial bank, which was established on 30th march 1983. At present it has 151 branches all over the country through which it collects more deposit than other commercial banks. IBBL becomes very famous to client for its different types of banking programs and for its social activities.
Bangladesh is predominently an agricultural country with vast majority living in rural areas.Seasonal unemployment and under employment is so acute that many people remain idle and without job in most of the time of the year. As a result people in large numbers are migrating to urban areas, in search of employment thereby creating social and environmental hazard. Islamic bank has therefore, taken up a scheme to reactive the development approach.

The objectives of the rural development scheme of Islami bank Bangladesh ltd are –

1. To create opportunity for generation of employment and raising income of the rural people with a view to alleviate poverty.

2. To diversify investment product to agricultural, other farming and rural off farming activities.

3. To establish model villages within 10 kilometres radius of designated branches of the bank.

4. To extend investment facilities of the bank in rural areas.

5. To finance self-employment particularly the rural unemployed youths and the rural poor.

6. To alleviate rural poverty through integrated rural development approach.

Other this Islami bank foundation a subsidiary of the bank, engaged in social welfare activities such as education, sanitation and medical care facilities for the rural village poor. At present 118 branches out of 151 branches of the bank are handling the scheme. the hathazari branch is one of them. In this scheme all the