Islami Bank Bangladesh Limited inaugurated a month long service programme aiming better services for welfare and green banking.

Mohammad Abdul Mannan, managing director of the bank presided over the inauguration function at Mohammad Younus auditorium of Islami Bank Tower. Acting chairman of the bank Engr Mustafa Anwar, was present at the inaugural ceremony as the chief guest, said a press release.

Md Shahidul Islam, chairman, audit committee, Engr. Muhammad Dawood Khan and Prof. Mohammed Nazrul Islam, directors of the bank were present as special guests.

The programme was addressed among others by Mohd Shamsul Haque, Md Habibur Rahman, deputy managing directors, Md Shahjahan and ATM Saleh, executive vice presidents.

News: Daily Sun/ Bangladesh/ Mar-16-2011

Pubali Bank Limited (PBL) has inaugurated its 400th branch at Putijuri under Habiganj district recently. Chairman of the Board of Directors of PBL Hafiz Ahmed Mazumder, MP, formally inaugurated the branch while PBL Director Ahmed Shafi Choudhury attended the function as special guest, presided over by its Managing Director Helal Ahmed Chowdhury. In his speech, Hafiz Ahmed Mazumder said PBL is committed to offer the best and innovative banking services needs of the market. As a part for providing better services and meeting clients’ increasing demand, PBL has opened its 400th branch at Putijuri. He hoped that PBL would surely serve its customers with utmost satisfaction with the use of modern technology in the branch. In this context he also urged the local businessmen to avail the facility of the bank to expand their ventures. In his speech Helal Ahmed Chowdhury said the PBL has been providing better services for its customer with a promise of keeping up its original tradition. Bahubal Upazila Nirbahi Officer Abdul Wadud Chowdhury, Principal of Bahubal College Abdur Rab Shahin, Deputy General Manager of Pubali Bank M Aynul Haque Bhuiyan, among others, were also present on the occasion.

News: Daily Sun/ Bangladesh/ Mar-16-2011

Bangladesh Bank (BB) has warned the commercial banks not to impose any condition of keeping deposits with the bank while insuring loans.

The central bank yesterday issued a circular to all banks directing them to list the companies on the basis of credit rating instead of selecting them on their own likings.

In the circular the BB said, any borrower has right to insure his loans with any insurance company.

Earlier, the central bank received a complaint that many banks have been listing insurance companies on condition that they keep deposits with the company concerned.

News: The Daily Star/ Bangladesh/ Mar-15-2011

International Finance Corporation (IFC), the private sector arm of the World Bank Group, has signed cooperation agreements with two training providers in Bangladesh to deliver the IFC Business Edge training for small and medium enterprises.

Windmill Education Services Limited and SEBA Ltd signed the agreement to offer Business Edge training in Bangladesh, said a press release.

Ian Crosby, manager, IFC Advisory Services Bangladesh signed the agreement on behalf of IFC, while Reazuddin Mosharaf, MD of WESL and Ratna Amin Shoma, executive director of SEBA signed on behalf of their organisations.

IFC Business Edge is the brand name for the Corporation’s international range of management training products for small and medium enterprises, the press release said adding: “It is a comprehensive training programme that includes 51 management courses in five topics: marketing, human resources, production and operations, finance and accounting, and personal productivity skills.”

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

AB Bank Limited arranged a daylong workshop on BASEL II, a set of banking laws and regulations, on Saturday in the city.

M. Wahidul Haque, chairman of the bank, inaugurated the workshop which covered important aspects for preparation of BASEL II statements and supervisory review process, said a press release.

KM Wadood, general manager of Banking Rules and Policy Department (BRPD) of Bangladesh Bank, conducted the workshop.

Kaiser A. Chowdhury, president and managing director, Directors of the bank-- Shisir Ranjan Bose FCA and B.B. Saha Roy, also attended the function.

News: Daily Sun/ Bangladesh/ Mar-14-2011