Ershad Hossain has recently joined City Bank Capital Resources Ltd, a fully owned subsidiary of the City Bank, as managing director.

Prior to joining City Bank Capital Resources, Hossain was the investment advisor to Equity Derivatives of Hong Leong Bank in Singapore.

He also served Standard Chartered Bank as director for foreign exchange and American Express Bank in Singapore as director for financial institutions and margin trading sales.

News: Daily Sun/ Bangladesh/ Aug-26-2011

HSBC Amanah, the Shariah compliant banking service from the world’s leading international bank, has organised a “Joy of Giving” campaign during this Ramadan.

The campaign included collecting books, toys, clothes and other non-cash gift items for underprivileged children through special “Boxes of Hope” placed at all HSBC branches in Bangladesh.

The campaign also included charity Iftaars in different towns and cities organised for street children and orphans. Prothom Alo Bondhushobha, Jaago Foundation and ActionAid are HSBC’s partners in this endeavour.

At the first phase of distributing collected items, an HSBC team led by CEO Sanjay Prakash met underprivileged children at a facility run by Jaago Foundation in the Korail slum area of the capital on Wednesday.

Over 160 kids received toys, cloths, books and other accessories as their Eid gifts. Md Shafquat Hossain – Head of Retail Banking and Talukdar Noman Anwar – Head of Marketing and Communications were also present among other officials of the Bank.

More such gifts will be distributed in the subsequent phases.

HSBC Amanah is globally organising this campaign across Bangladesh, Malaysia, Indonesia, the UAE, Qatar and the UK. Spreading the joy of giving with underprivileged children, HSBC Amanah employees and customers are endeavouring to make this Eid a special one for the children who are less fortunate.

News: Daily Sun/ Bangladesh/ Aug-26-2011

Eastern Bank Ltd (EBL) opened a new branch having all modern banking facilities at Dohar in the city yesterday.

Advocate Abdul Mannan Khan, state minister for housing and public works, inaugurated the new branch, said a press release.

Mohd Noor Ali, chairman, Ali Reza Iftekhar, managing director and CEO, Muklesur Rahman, deputy managing director, Major (retd) Abdus Salam, head of branches, Md Musa, head of admin, Ziaul Karim, head of brand & marketing, Nazeem A Choudhury, head of cards, Md Toufiqul Alam Chowdhury, head of NRB and other senior officials of the bank and local elites were also present on the occasion.

The bank has a plan to open eight more branches at different parts of the country this year, the release added.

News: Daily Sun/ Bangladesh/ Aug-15-2011

National Bank Limited (NBL) organised a workshop on ‘Prevention of Money Laundering and Combating Financing of Terrorism’ at its training institute premises in the city recently. Neaz Ahmed, managing director and CEO of the bank was present at the workshop as chief guest, said a press release. Debaproshad Debnath, general manager, anti-money laundering department of Bangladesh Bank was present as special guest. Sixty two executives and officers of different branches in Dhaka City and adjoining areas of the bank participated in the day-long workshop.

News: Daily Sun/ Bangladesh/ Aug-24-2011

Islami Bank Bangladesh Limited organised a seminar on “Economic Life of Momen in the Light of Quran: Basis of Islami Banking.” in Chittagong recently.

The bank also hosted an iftar party at a local hotel, said a press release.

Engineer Mustafa Anwar, vice chairman of the bank was present at the seminar and iftar party as chief guest and Md Abdul Mannan, managing director of the bank was the chief discussant.Khatib Sayed Md Anwar Hossain Taher Jabery Al-Madani of Andar Killa Shahi Mosque was present in the seminar as special guest. Ali Hossain Akbar Ali, chairman of BSRM, Nurul Alam Master, proprietor of A Zaman and Brothers were present as the discussants. Total 34 branch managers of Chittagong North and South zones, nearly 200 clients, businessmen, industrialists, educationists, journalists, intellectuals, religious scholars and elites of the society were present, among others, on the occasion.

News: Daily Sun/ Bangladesh/ Aug-24-2011