Rupali Bank Ltd has introduced its own online remittance software in more than 500 branches to accelerate remittance inflow. Rupali Bank has taken this initiative to improve the standard of service and to collect more remittance through banking channel in a legitimate way, sources said.

While talking, Rupali Bank Managing Director M. Farid Uddin said, “We have started overall business development following the different indicators. Remittance business is mentionable one of them. We are encouraging expatriates’ wage earners.”

Meanwhile, Ruapli Bank is making transaction with famous remittance companies like Al-Raji Bank in KSA, Al Amudi Exchange Company, UAE Express Money, Al-Ansary Cash Express and Tarbo Cash, Managing Director of the bank added.

Nurun Newaz Salim, ASM Mainuddin

Md. Nurun Newaz Salim has been re-elected Chairman of NCC Bank Limited for the 3rd term.

The board of the bank also elected ASM Mainuddin Monem as vice chairman of the bank

The election was held at the Board of Directors of the bank recently, said a press release.

Chairman Nurun Newaz, a sponsor director of the bank is an eminent industrialist and entrepreneuar of the country. Earlier, he was Vice Chairman of the bank and chairman of the Executive Committee of the board.

Salim is the former chairman of Central Insurance Co. Ltd. as well as Senior Vice President of Chittagong Chamber of Commerce and Industries and President of Feni Zilla Samity in Chittagong.

Md Nurun Newaz Salim has recently been re-elected the chairman of NCC Bank, said a press release. 
While ASM Mainuddin Monem has been elected the vice-chairman.

Nurun Newaz is the senior vice-president of Chittagong Chamber of Commerce and Industries and president of Feni Zilla Samity in Chittagong. He is also the chairman of Electro Mart and Trade International Marketing.

ASM Mainuddin Monem did his BBA from Boston University and later earned an MBA from Harvard Business School, USA.

He is the deputy managing director of Abdul Monem and a member of the Board of Trustees of Independent University of Bangladesh. 

Sunil Kanti Bose, Chairman of Bangladesh Telecommunication Regulatory Commission, and A Rouf Chowdhury, Chairman of Bank Asia, inaugurate the newly-shifted branch at Rangs Bhaban at Bijoy Sharoni in Dhaka on Sunday.

Bank Asia shifted its Scotia branch to a new location at Rangs Bhaban at 171/A, Old Air Port Road, Bijoy Sarani, Tejgaon in Dhaka on Sunday.

Sunil Kanti Bose, Chairman of Bangladesh Telecommunication Regulatory Commission, and A Rouf Chowdhury, Chairman of Bank Asia, inaugurated the newly-shifted branch, said a press release.

AM Nurul Islam and Mohammed Lakiotullah, Vice Chairmen, Rumee A Hossain and Shah Mohammad Nurul Alam, Directors, Aminul Islam, Managing Director (Current-Charge) of the bank, Zakia Rouf Chowdhury and Amanullah Chowdhury, industrialists, attended the function.

Zainul Haque Sikder, Chairman of National Bank, presides over a meeting at Radisson Blu Water Garden Hotel in Dhaka on Sunday.

National Bank Limited (NBL) approved 6 percent cash dividend for its shareholders for the year ended on 31st December, 2012.

The approval came at the 30th Annual General Meeting (AGM) of the bank at Grand Ball Room at Radisson Blu Water Garden Hotel in Dhaka on Sunday, said a press release.

Zainul Haque Sikder, Chairman of the bank, presided over the meeting while AKM Shafiqur Rahman, Deputy Managing Director of the bank conducted the meeting.

Md Badiul Alam, Additional Managing Director, Shamsul Huda Khan, Nazib Uddin Bhuiyan, ASM Bulbul, Abdul Hamid Mia, Deputy Managing Directors, executives and officers of the bank, attended the AGM.

Monowara Sikder, Parveen Haque Sikder, Rick Haque Sikder, Ron Haque Sikder and Mabroor Hossain, Directors, Md Anwar Hussain, Independent Director, Neaz Ahmed, Managing Director & CEO of the Bank, Shafiq Ullah Khan, Secretary of the board, Dipu Haque Sikder, Additional Managing Director of the bank attended the meeting as special guests.

In his inaugural speech, Zainul Haque said, “NBL has achieved a remarkable success in the year 2012 because of timely implementation of policy directives of board of directors, good advices of shareholders and concerted efforts of bank’s employees of all level.”