NCC Bank holds conference

Posted by BankInfo on Thu, Apr 10 2014 01:15 pm

NCC Bank Limited recently organised a conference for the executives and officers of the bank branches in greater Noakhali and Comilla.

Golam Hafiz Ahmed, acting Managing Director of the bank attended the conference as chief guest, said a press release.

Akhtar Hamid Khan, Deputy Managing Director of the bank attended the function as special guest.

News:Daily Sun/10-Apr-2014

Ali re-elected chairman of NRBCB

Posted by BankInfo on Wed, Apr 09 2014 02:11 pm

Engr Farasath Ali has been re-elected chairman of NRB Commercial Bank at its 18th board meeting held recently, says a press release.
At the same time, Dr Toufique Rahman Chowdhury was re-elected vice-chairman of the bank.
Farasath Ali was senior research and development technologist in United Sweater Mill Inc. of Bayonne of New Jersey from 1997 to 1998 and president and CEO of SNA Knitting Mill Inc in USA from 1998 to 2005. Under his leadership NRBCB was started from April 02, 2013. Dr Toufique Rahman Chowdhury is founder and chairman, board of Trustees of Metropolitan University. He is president of Sylhet Metropolitan Chamber of Commerce and Industries. Dr Toufique Rahman Chowdhury was sponsor director and chairman of Mercantile Bank Limited.

News:The Independent/9-Apr-2014

AD banks given 6 more months to go online

Posted by BankInfo on Wed, Apr 09 2014 12:42 pm

Bangladesh Bank on Tuesday extended six months time limit for authorised dealer branches of all scheduled banks to submit their application through the hard copy of taking approval on behalf of their customers to work as local agent for their foreign companies.

To this end, the BB issued a circular to all AD branches of the banks saying that the BB had made the decision considering the limitation of capability of some commercial banks.
The AD braches will get the facility till October 2, 2014, the circular said.
The BB earlier said that no application in hardcopy would be accepted after April 2, 2014 and the central bank would only accept the application though online in this matter.

News:New Age/9-Apr-2014

Another case filed against Hall-Mark

Posted by BankInfo on Wed, Apr 09 2014 12:35 pm

Sonali Bank yesterday filed another case against Hall-Mark Group on charges of taking over Tk 60.27 crore in loan on fake documents.
Abdus Salam, executive officer of the bank's Ruposhi Bangla branch, filed the case with the Artho Rin Adalat-1 against Hall-Mark Group Chairperson Jasmine Islam, Managing Director Tanvir Mahmud and Design Wear Ltd, a concern of the group.
After hearing, Judge Md Robiuzzaman directed the defendants to explain by May 12 why steps would not be taken against them.
Earlier on March 25, 27 and 30 and April 1, the bank filed 11 cases against Jasmine, Mahmud and nine of their companies with the same court for taking Tk 101 crore in loan on forged documents.
Sonali started filing cases after it failed to get buyers for the mortgaged assets of Hall-Mark.
The Anti-Corruption Commission filed 11 cases against 27 persons of Hall-Mark and its lender Sonali Bank in October 2012 and pressed charges against 25 of them in October last year on money laundering allegation.

News:The Daily Star/9-Apr-2014

Union Bank, Aysha Memomorial Hospital sign deal

Posted by BankInfo on Wed, Apr 09 2014 11:33 am

SAM Salimullah, SEVP of Union Bank Ltd, and Dr. Asish Kumar Chakraborty, Director, Ayesha Memorial Specialized Hospital, exchange documents after signing an agreement at the bank’s head office on Tuesday.

 A corporate agreement was singed between Union Bank Limited and Aysha Memorial Specialized Hospital at the head office of the bank on .SAM Salimullah, SEVP of Union Bank Ltd and Dr. Asish Kumar Chakraborty, Director, Ayesha Memorial Specialized Hospital (AMSH) signed the agreement on behalf of their respective sides, said a press .
Md. Abdul Hamid Mia, MD of the bank, Abdul Hannan Khan, Company Secretary and Head of PRD, Abdul Kader, Chairman, AMSH, Ms. Pretty Chakraborty, Business Development Manager, AKM Shahed Hossain and other officers from both the organisations were present on the occasion.

News:Daily Sun/9-Apr-2014
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