Shahjalal Islami Bank Limited organised the 453rd meeting of the Executive Committee (EC) at the bank’s head office on Sunday, says a press release.
The meeting was presided over by Mohammad Hasan, chairman of the bank. The members of the committee discussed various issues relating to investment in different sectors. Among others, chairman of the board, Anwer Hossain Khan, directors Sajjatuz Jumma, Md Towhidur Rahman, Mohammed Solaiman, Tofazzal Hossain, managing director Md Abdur Rahman Sarker, additional managing director Mukhter Hossain and deputy managing director Md Abdul Jabber Chowdhury were present in the meeting.

News: The Independent/ BAngladesh/ Sep-27-2011

IFIC Bank Ltd conducted a day-long course on "Prevention of Money Laundering and Combating Financing of Terrorism” at its Academy at Chamber Building at Motijheel.

A total number of 88 officers from 31 branches and Head Office of the bank attended the course, said a press release.

SM Abdul Hamid, SEVP and head of Finance and Accounts and chief Anti-Money Laundering Compliance Officer of IFIC Bank Ltd spoke at the function.

AK Mojibur Rahman, FAVP and Md. Baker Hossain, SSO, conducted the course.

News: Daily Sun/ BAngladesh/ Sep-27-2011

Janata Bank Limited organised a day-long workshop on “Prevention of Money Laundering and Terrorism Financing” held at the Janata Bank Training Institute (JBTI) in the city recently. A total of 24 officers of the bank participated in the workshop, said a press release.

News: Daily Sun/ BAngladesh/ Sep-27-2011

The board of directors of Rupali Bank has decided in principle to change the denomination of shares of the bank from Tk 100 to Tk 10 each and determine the market lot of shares from 10 to 100 shares per lot.

Necessary amendments will also be made in the Memorandum and Articles of Association of the Bank subject to approval of shareholders in the EGM and regulatory authorities.

The company will hold an extra general meeting (EGM) on November 20, 2011 at the Institute of Engineers, Bangladesh, in Dhaka. The record date for EGM has been set on October 05 this year.

Earlier on August 23, the SEC set a deadline for all listed companies to re-fix the face value of all shares at Tk 10 by December 1 this year.

The Securities and Exchange Commission (SEC) has set deadline on December 4 for trading shares in a uniform face value of Tk 10.

In this regard the SEC has issued an order to the listed companies and mutual funds whose face values were not Tk 10 to convert that to uniform value of Tk 10 each with effect from December 04, 2011 after complying all the required formalities by November 30, 2011. As per the order, shares of all listed companies and mutual funds priced higher than Tk 10 have to be converted by November 30 after completing all formalities.
News: Daily Sun/ BAngladesh/ Sep-27-2011

Bangladesh Institute of Bank Management (BIBM) organised a ten-day long training course on "Credit Appraisal and Management" in the city recently, says a press release. A total of 32 high officials from different banks and financial institutions participated in this course.
BIBM designed this course to develop the skilled manpower for the credit division of banks, to familiarise the participants with techniques of effective dealing with credit customers of different kinds at different stages of the credit management process, to introduce different financial techniques used for credit assessment and the
relevant laws and regulations to be complied by the officials engaged in the operations of credit management.
Dr. Bandana Saha, professor of BIBM, distributed certificates among the participants at the conc1uding session of the course.
Md Mosharref Hossain and Tahmina Rahman, lecturers of BIBM, joint1y coordinated the course.

News: Daily Sun/ BAngladesh/ Sep-24-2011