The 170th Board Meeting of Standard Bank Ltd was held at the bank’s head office in Dhaka recently.

Chairman of the Board of Directors Kazi Akramuddin Ahmed presided over the meeting, said a press release.

The meeting was also attended by Vice-Chairman Ferdous Ali Khan Managing Director SA Farooqui, Assistant Managing Director Md. Nazmus Salehin, Board Secretary AFM Nizamul Islam Chowdhury and the directors of the bank.

The meeting took various important decisions regarding bank's investment policy in the field of trade, commerce and industries and approved proposals received from different branches in respect of financing of working capital for industries and other import, export and commercial trading businesses.

Source: Daily-Sun, Bangladesh/20th Dec 2010