Md Zillur Rahman joined Bangladesh Development Bank Ltd (BDBL) as managing director on Sunday, the bank said in a statement yesterday.

A postgraduate in management from Dhaka University, Rahman was the deputy managing director of Janata Bank prior to joining BDBL. He also obtained a PhD degree in credit management.

In his banking career of 30 years, he also served Bangladesh Krishi Bank and Rupali Bank.

News: The Daily Star /Bangladesh/15 Feb 2011

Sonali bank Ltd will use Citycell Zoom Ultra, a mobile broadband internet service, for proving quick remittance transfer facility to its clients spread across the country and abroad.

The bank singed a memorandum of understanding (MOU) with Citycell at a city hotel yesterday to enable the service.

Under the agreement, Sonali Bank will use the internet service at its 230 branches at the initial phase and later it will be expanded to 1250 branches countrywide.

Golam Anjumanarul Islam, head of Business of Citycell and deputy general manager, IT division of Sonali Bank Ltd formally signed the agreement on behalf of their respective sides.

Officials hoped that the internet service will further facilitate country’s largest state-owned commercial bank to provide better service to its customers through automation.

Managing Director and CEO of Sonali Bank Humayun Kabir, Citycell CEO Mehbood Chowdhury, Citycell Chief Operating Officer David Lee, Chief Sales and Distribution Officer Mahboob Hossain and Chief Marketing Officer Kafil HS Muyeed, Sonali Bank Deputy Managing Director Atiqur Rahman, and General Manager of IT division ANM Masrurul Huda Siraji, were also present at the signing ceremony.

News: Daily Sun /Bangladesh/15 Feb 2011

CHITTAGONG: With a view to making small and medium entrepreneurs (SMEs) aware about loan facilities offered by banks and financial organisations, a two-day SME financing fair begins today in the port city.

Bangladesh Bank Governor Atiur Rahman will inaugurate the fair on the premises of Institution of Engineers Bangladesh (IEB), Chittagong at around 10:00am.

SME Foundation, in association with Bangladesh Bank (BB), is organising the fair. The fair will also be held in six other divisional cities in phases.

Thirty-two banks and non-banking financial organisations will participate in the fair, said the organisers at a press conference held at Bangladesh Bank, Chittagong conference room on Monday.

The main objectives of the fair are to raise awareness about SME loan facilities, create scope for SMEs to discuss loan related issues with bank officials, provide suggestions on SME projects and comparative idea on SME loans offered by banks and non-banking financial organisations, and develop investment-friendly relations among the bankers and SMEs, said SME Foundation Managing Director and Chief Executive Officer Syed Rezwanul Kabir.

SME stakeholders will be able to learn about the procedures and ways to get loans and other issues at the fair, he said.

News: Daily Sun /Bangladesh/15 Feb 2011

Islami Bank Bangladesh Ltd donated Tk 500,000 to the Federation of Chambers of commerce and Industries (FBCCI) to distribute warm clothes among the cold-hit people.

Mohd Shamsul Haque, deputy managing director of the bank, handed over a cheque in this regard to FBCCI President AK Azad recently, said a press release.

Nurul Fazal Bulbul, director of FBCCI and other high officials of Islami Bank, were present among others on the occasion.

News: Daily Sun /Bangladesh/15 Feb 2011

Dewan Anwarul Latif has been appointed as Deputy Managing Director of Premier Bank Limited effective from February 01, 2011, said a press release.

Prior to taking up the new assignment, Latif was Senior Executive Vice President and Head of Corporate of the bank. He was also manager (in-charge) of the bank’s Banani branch.

Latif worked on varied assignments during his tenure in the bank, including developing and monitoring marketing strategies for both the assets and liabilities to meet overall target for the area that he had been assigned for.

News: Daily Sun /Bangladesh/15 Feb 2011