Banking
BB ask banks to upgrade online database by June
Banks and financial institutions (FIs) in the country have been asked by the central bank to strengthen efforts dedicated to build online database for providing banking services to people efficiently by avoiding risks. According to a Bangladesh Bank (BB) circular, banks and FIs will not be allowed to provide data to the central bank manually from 1st of July.
However, banks and FIs would get time till 30th of June for upgrading online database.
Up to June 2012, the central bank would allow weekly or monthly statements of the banks and FIs through both online and manual.
In a separate circular, the central bank has made the online database mandatory for quick delivery on demand.
“This effort is aimed at making database services faster for efficient and appropriate evaluation for initiating right decision timely by the regulator,” said an official of the department concerned.
Wished not to be named, the official said, “As regulator, the central bank is to ensure execution of prudent banking policy in order to help banks and FIs avoid risks.”
The official said the central bank found that many banks are less efficient in credit proposal assessment that is causing classified loans to go up.
It was also found that they didn’t send credit record to the central bank regularly within the timeframe that resulted in non-intervention by the regulator, said the official. Thus, execution of the prudent guideline of the regulator is important and it is not possible without online database, the official added.
The Daily Independent/Bangladesh/ 29th Jan 2012
MTB opens booth at airport
Md Atharul Islam, Secretary, Ministry of Civil Aviation and Tourism, inaugurates MTB booth at Hazrat Shahjalal International Airport in Dhaka yesterday.
Mutual Trust Bank Limited (MTBL) has opened a booth at the departure lounge of Hazrat Shahjalal International Airport in Dhaka recently.
Md Atharul Islam, Secretary, Ministry of Civil Aviation and Tourism, inaugurated the booth as chief guest, said a press release.
Air Commodore Mahmud Hussain, Chairman of the Civil Aviation Authority of Bangladesh (CAAB), Wing Commander Anisul Islam, Director, Dr. Arif Dowla, MTB’s newly elected Chairman, Rashed A Chowdhury, Vice Chairman, Kamaluddin Ahmed, Director of Biman Bangladesh Airlines attended the programme as special guests.
MTB Managing Director and CEO Anis A Khan, Additional Managing Director Md Ahsan-uz Zaman, Head of MTB NRB Banking Division AKM Shameem and other senior government and Bank officials were present at the event.
The Daily Sun/Bangladesh/ 29th Jan 2012
Bank Asia holds business confce
The Annual Business Conference-2012 of Bank Asia was held at a hotel in the capital yesterday.
A Rouf Chowdhury, chairman of the Bank, inaugurated the conference, said a press release.
Mohd Safwan Choudhury, chairman of Executive Committee, Mohammed Lakiotullah, vice chairman, Rumee A Hossain, chairman, Board of Audit Committee, AM Nurul Islam, Sohana Rouf Chowdhury, Mashiur Rahman, Shah Md Nurul Alam, directors and Md Mehmood Husain, president and managing director among others, were present.
All the branch managers, SME/Krishi branches, SME service centres, departmental heads and senior executives of the Bank were present in the conference.
The Daily Sun/Bangladesh/ 29th Jan 2012
AB Bank opens cancer care lab
Majedur Rahman, additional managing director of AB Bank Limited and Maj Gen (retd.) Professor AR Khan, ex-director general of Medical Service of Bangladesh Army, inaugurate Mosabbir Cancer Care Centre Diagnostic Laboratory in the city recently.
AB Bank foundation constructed Mosabbir Cancer Care Center Diagnostic Laboratory in the city.
Additional Managing Director of AB Bank Limited Majedur Rahman and Ex- Director General of Medical Service of Bangladesh Army Major General Professor AR Khan (Retd.) jointly inaugurated the opening of the Centre recently, said a press release.
Deputy Managing Director of AB Bank Limited Shamim A Chaudhury, chairman and CEO of Mosabbir Cancer Care Centre Lt. Col. Mudassir Hossain Khan (Retd) Bir Protik and its executive director MA Jalil were also present during inauguration.
The Daily Sun/Bangladesh/ 28th Jan 2012
Prime Bank gives blankets to cold-hit people in Rangpur
Prime Bank Limited has distributed blankets to the cold-hit people of Mahigonj at VIP Shahadat Hossain Primary School in Rangpur recently.
Advocate Rezina Razzak, administrator of Rangpur Zila Parishad distributed the blankets as the chief guest while Shahadat Hossain, former director of Prime Bank Limited was also present as special guest on the occasion, said a press release.
Md. Ibrar, head of Rangpur branch of the Prime Bank, Shah Abdur Razzak, ex-MP and other officers of Prime Bank attended the blanket distribution ceremony.
The Daily Sun/Bangladesh/ 27th Jan 2012