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Category Archives: Banking News

BRAC Bank managers’s confce held

 businessnews24bd.com A bank managers’ conference  was held in Dhaka recently. Syed Mahbubur Rahman, Managing Director of BRAC Bank, posed  with the participants of the bank’s managers’ convention on strategy for capitalising on market opportunities with real-time online branch network, in Dhaka recently. Photo: BRAC Bank Read More »

Mercantile Bank elects new chairman

businessnews24bd.com M Amanullah has recently been elected the chairman of Mercantile Bank, the bank said in a statement yesterday. Amanullah is also the chairman of Aman Group of Companies, Aman Spinning Mills, Arena HRI, Arena Securities, Arena Consumer Products, Mousumi Enterprise and a former chairman of Global Insurance Ltd. He is also the founder chairman of Aman Group Foundation, and ... Read More »

Banks’ donation for Rana Plaza victims

Banking Desk The country’s private banks have recently donated Tk 80 crore for the victims of Rana Plaza that collapsed on April 24 killing 1,127 garment workers. They handed the funds to the Prime Minister’s Relief and Welfare Fund through Bangladesh Association of Banks, a platform of bank owners. Md Nazrul Islam Mazumder, Chairman of the Association, presented the amount ... Read More »

NCC Bank press confce

  Md Nurun Newaz Salim, Chairman of NCC Bank  was speaking with the journalists at a press conference on the occasion of banks 20th anniversary recently, says a press release Mohammed Nurul Amin, Managing Director, Golam Hafiz Ahmed, TM Faruque Chowdhury and Akhtar Hamid Khan, Deputy Managing Directors of the bank attended the function. Read More »

Stan Chart donation to Rana Plaza victims

Banking Desk Jim McCabe, Chief Executive of Standard Chartered Bangladesh, presented a cheque for Tk 29 lakh to Mohammed Nurul Amin, Chairman of the Association of Bankers Bangladesh, for the victims of Rana Plaza building collapse, at a programme recently. Photo: StanChart   Read More »

BB Governor warns banks on loan guidelines

Banking Desk Bangladesh Bank Governor  Dr Atiur Rahman has said that strict measures will be taken against scheduled banks for not following the guidelines set by the apex bank over disbursing loans.   The governor of the apex bank issued the note of caution at a meeting of the bank chief executives on Thursday. In a written speech, the governor ... Read More »

Premier Bank’s help for Savar victims

businessnews24bd.com Premier Bank’s Chairman Dr. H.B.M. Iqbal and Vice Chairman B.H.Haroon, MP handing over TK. 1.00 crore to Prime Minister Sheikh Hasina to help the Rana Plaza victims. Among others BB Governor Dr.Atiur Rahman also present.   Read More »

Loan status of UCB discussed

businessnews24bd.com A special meeting of UCB on ‘Non-performing loans was held with Managing Director of United Commercial Bank (UCB) Muhammed Ali in the chair  at its Head office recently. Status of various ‘Non-performing loans’ and measures of recovery of 18 Branches were analyzed in the meeting. Additional managing director of UCB Mirza Mahmud Rafiqur Rahman, Deputy Managing Directors Mohammad Abu ... Read More »

NBL donates PM fund for Savar victims

businessnews24bd.com Parveen Haque Sikder,Director & Chairperson, Executive Committee of National Bank Limited, handing over a cheque for Tk.10 crore to Prime Minister Sheikh Hasina at her Office on Wednesday to assist the victims of the Savar tragedy. The bank donated the money as a part of its corporate social responsibility (CSR). Dr. Atiur Rahman, Governor, Bangladesh Bank, Neaz ahmed, Managing ... Read More »

Political unrest sends loan defaults soaring

Rejaul Karim Byron, The Daily Star Loan defaults in the first quarter of 2013 were uncharacteristically high, due mainly to political unrest. “Loan defaults tend to go up in the first quarter following the December closing, but this year’s rise is higher than normal,” a managing director of a private bank said, preferring not to be named. On March 31, ... Read More »

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