Monday , 26 July 2021
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Category Archives: Banking News

Bank Asia arranges training on credit management Bank Asia inaugurated a 4-day long training on “Credit Management & Loan Documentation” (2nd batch) for its 29 officers at bank’s training institute at Panthapath in the city on Sunday. Md Mehmood Husain, president and managing director of the bank, inaugurated the programme as chief guest and Badruddin Ahmed, training consultant and  Sujit Kumer Sen, AVP and head of ... Read More »

Bank Company (Amend) Bill placed The Bank Company (Amendment) Bill, 2013 was placed in parliament seeking necessary amendments to the existing law aimed at strengthening the country’s banking system. State Minister for Law, Justice and Parliamentary Affairs Advocate Quamrul Islam placed the bill in the House on behalf of Finance Minister A M A Muhith. Read More »

HC’s stay order on Pubali Bank AGM The High Court yesterday stayed the process for holding the annual general meeting of Pubali Bank scheduled to be held today at BRAC CDM in Gazipur. In response to a petition, the court also directed that the existing Board of Directors of the bank will discharge as interim Board of Directors until further order. A High Court bench of ... Read More »

CBL holds managers’ confce held United Commercial Bank Limited (UCBL) organised managers’ conference of Chittagong Zone at a local hotel in Chittagong on Friday. Muhammed Ali, managing director of UCBL, presided while Mirza Mahmud Rafiqur Rahman, additional managing director along with other senior officials and managers of Chittagong Division were present at the conference. Bank’s existing strategic policy for catering the future tactical work ... Read More »

SJIBL holds fake notes prevention semina

Banking Desk Shahjalal Islami Bank Ltd. (SJIBL) organized a seminar on “Awareness regarding fake notes prevention” in cooperation with Bangladesh Bank (BB) at the DCCI auditorium in the city on Saturday, says a bank press release. Md Abdul Jabber Chowdhury, deputy managing director of SJIBL was present as chief guest while Md. Shafiul Azam, deputy managing director of SJIBL presided ... Read More »

Chinese bank ICBC tops Forbes Global 2000 list

Agency Report Chinese bank ICBC knocked US oil giant ExxonMobil from its perch as the world’s biggest public company yesterday, ranking number-one for the first time on the Forbes Global 2000 list. Underscoring the power move by Chinese companies to top global rankings, China Construction Bank leaped 11 spots from last year to the number-two spot on the Forbes list ... Read More »

BB raises foreign currency limit for banks Banks in the country would be able to keep more dollars in reserve as the central bank extended the limit of foreign currency stock to handle the sudden fluctuation of currencies. The move was also taken in view of the rising availability of dollars ($) in the market, according to sources. The Bangladesh Bank issued a letter to this ... Read More »

‘US, UK banks not accepting transactions with Islami Bank’

Financial News Service Banks in the United Kingdom and the United States are not allegedly accepting transactions made through the Islami Bank Bangladesh Limited, President of the BGMEA said on Thursday. In the backdrop of the unprecedented problem, apparel sector’s apex body has requested Bangladesh Bank Governor Atiur Rahman to resolve the issue, saying many of its members were facing ... Read More »

Global acclaim for Citi Bank Citi picked up the three awards of Best Bank, Best Investment Bank and Best M&A House for 2012 at the annual Triple-A 2012 regional banking awards for performance from the Asset Magazine, the bank said in a statement yesterday. In the editorial on the bank’s performance in 2012, the Asset noted on Citi’s relevance in Asia with more than ... Read More »

SBAC gets new MD Md Rafiqul Islam has recently joined South Bangla Agriculture and Commerce Bank as its managing director, the bank said in a statement yesterday. Previously, he was the deputy managing director of Al-Arafa Islami Bank Ltd, according to the statement. A postgraduate of Dhaka University, Islam also served Pubali Bank, National Bank, Prime Bank and Jamuna Bank. Read More »