Global Islami Bank Business Overview and Insights

Global Islami Bank has a rich history dating back to 1987. It was established by a group of prominent businessmen, industrialists, and intellectuals with a vision to provide Islamic banking services to the people of Bangladesh.

The bank started its journey with a modest capital of Tk. 10 crore, which is approximately $1.3 million USD. This initial investment laid the foundation for the bank's future growth and success.

Global Islami Bank has a strong presence in Bangladesh, with 64 branches across the country. Its extensive network allows it to reach a wide range of customers, from individuals to businesses.

The bank offers a range of services, including consumer banking, corporate banking, and investment banking.

Global Islami Bank's financial performance has been strong, with a net profit of Tk. 3.24 billion in 2020.

The bank's total assets grew to Tk. 341.36 billion by the end of 2020, up from Tk. 286.45 billion in 2019.

Its deposit base expanded significantly, reaching Tk. 274.85 billion in 2020, an increase of 20% from the previous year.

The bank's capital adequacy ratio (CAR) stood at 12.31% in 2020, well above the regulatory requirement of 10%.

The share price of Global Islami Bank has seen its fair share of ups and downs. The current share price is ৳4.00.

This is actually the same price it was at 52 weeks ago, indicating no growth in that time frame. The 52 Week High was ৳8.48, which is a significant difference from the current price.

The bank's stock has been quite volatile, with a 1 Month Change of -11.11%. This means that investors who bought the stock a month ago would have seen a loss.

The 3 Month Change is even more concerning, with a decline of -23.08%. This suggests that the bank's financial performance has been struggling over the past few months.

Over the past year, the bank's stock price has plummeted by -51.72%. This is a staggering decline, and it's likely that investors are feeling the pinch.

Here's a summary of the key changes in the bank's stock price over time:

The bank's beta is 0.39, which suggests that its stock price is relatively stable compared to the overall market. However, this hasn't been reflected in the bank's recent performance.

GIB's price volatility is worth examining to understand its stability in the market. GIB's average weekly movement is 4.7%, which is higher than the 2.7% average movement of the banks industry.

In comparison, the market average movement is 4.4%. This suggests that GIB's price movement is slightly more volatile than the overall market. However, it's still lower than the 6.5% average movement of the 10% most volatile stocks in the BD market.

Looking at GIB's performance over time, its weekly volatility has been stable at 5% over the past year. This indicates a consistent level of price movement, which can be beneficial for investors looking for stability.

The Sales and Operations team at Global Islami Bank is responsible for driving revenue growth and ensuring the smooth execution of business activities.

The bank's sales strategy focuses on building strong relationships with customers, with a dedicated team of relationship managers working to meet the unique needs of each client.

In terms of operations, Global Islami Bank has a robust infrastructure in place, including a state-of-the-art core banking system that enables efficient and secure transactions.

In the world of sales, understanding how different activities contribute to overall revenue is crucial. Global Islami Bank PLC's sales data reveals some interesting insights.

Their Islamic Banking sales were $93.37 million in 2019, but unfortunately, we don't have data for other years.

Conventional Banking, on the other hand, was a significant contributor to their revenue, with sales of $11.14 billion in 2019.

Here's a breakdown of their sales by activity:

Note that we don't have data for Islamic Banking sales in 2018 or for any year after 2019.

Sales in Bangladesh have been steadily increasing, with a significant jump from 2.78 billion in 2019 to 5.59 billion in 2022.

The country's sales have consistently ranked high among Global Islami Bank PLC's geographical breakdown, with a notable increase from 2.81 billion in 2018 to 5.65 billion in 2023.

Bangladesh's sales have surpassed other regions, showcasing the country's growing economy and consumer market.

Here's a breakdown of the sales in Bangladesh for each year: