Banking

Atiur takes over as chairman of Asian Clearing Union

Posted by BankInfo on Mon, Jun 15 2015 11:01 am

 

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Bangladesh Bank Governor Atiur Rahman

Bangladesh Bank Governor Atiur Rahman yesterday took over as the chairman of the Asian Clearing Union for one year.

He replaced Valiollah Seif, the governor of the central bank of Iran, who handed over the charge to Rahman at the 44th ACU board meeting at Sonargaon Hotel in Dhaka.

ACU helps member countries settle intraregional trade payments in a manner that minimises the involvement of hard currencies.

In 2014, the volume of transactions channelled through ACU was $20.5 billion, which was only $51.44 million in 1976, one year after its inception.

Last year, the total transactions, which include receipts, payments and accrued interests channelled through the ACU mechanism, went up by $3.53 billion over the previous year, said ACU Secretary General Lida Borhan Azad.

Governors and deputy governors of the central banks of Iran, Bhutan, Nepal, Pakistan, India, Myanmar, Sri Lanka and Bangladesh attended the meeting.

Rahman, while presiding over the meeting, said, besides its core function of intraregional trade payment settlements, ACU is a useful platform for networking and experience sharing on issues such as macroeconomic, financial and trade policies.

 

He said economic growth of the region is consistently outpacing the overall global growth by a good margin in recent years. The ACU intraregional trade is also growing much faster than global trade growth.

“These signify this region's heightening stature as a global growth hub. Inclusive approaches in development policies are helping the region's growth vibrancy to accelerate social progress in terms of human development and poverty decline,” Rahman said.

The board also discussed issues such as re-opening of the use of domestic currency in ACU mechanism, implementation of web-based application for messaging, and setting up taskforce for dispute resolution, BB said in a statement.

A special discussion also took place on non-performing loan management of the member countries. The board approved the annual report for 2014.

The central bank of Myanmar will host the 45th board meeting in May next year. 

 

News:The Daily Star/15-Jun-2015

 

 

 

Shahjalal Islami Bank reelects chairman

Posted by BankInfo on Mon, Jun 15 2015 10:50 am

Shahjalal Islami Bank has recently reelected AK Azad as its chairman and Mohammad Younus and Md Abdul Barek as vice chairmen, the bank said in a statement yesterday.

Azad is the managing director of Ha-Meem Group and president of Bangladesh Chamber of Industries. He is also the former president of the Federation of Bangladesh Chambers of Commerce and Industry. Azad is also the managing director of Channel 24 and Daily Samakal, according to the statement.

Younus has business concerns in paper, fabric, and cold storages industries. He is also the managing director of Sobhan Ice and Cold Storage, Younus Filament Industries, Younus plastic Industries, Younus Cold Storage, Quality Accessories, Ananta Paper Mills, Younus Fine Paper Mills, Younus Spinning Mills and Sonali Paper and Board Mills.

He is also a director of NTV, the bank said.

Barek is a sponsor shareholder of Shahjalal Islami Bank and Shahjalal Islami Bank Securities. He also owns Arju Electronics, Jony Electronics and Rony Electronics.

News:The Daily Star/15-Jun-2015

Nazmul Ahsan Khaled, Director of Al-Arafah Islami Bank Ltd, inaugurating the 122nd branch of the bank at Baten Khar Mor, Chapainawabganj on Thursday. Director Abdul Malek Mollah was present as special guest while Managing Director Md Habibur Rahman presid

Posted by BankInfo on Fri, Jun 12 2015 03:34 pm

Nazmul Ahsan Khaled, Director of Al-Arafah Islami Bank Ltd, inaugurating the 122nd branch of the bank at Baten Khar Mor, Chapainawabganj on Thursday. Director Abdul Malek Mollah was present as special guest while Managing Director Md Habibur Rahman presi

News:New Nation/12-Jun-2015

LOAN DEFAULTING DIRECTOR OF NRBCB Agrani Bank also asked to explain info concealment

Posted by BankInfo on Fri, Jun 12 2015 11:01 am

Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank.

News:New Age-12-Jun-2015
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpufvv
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpufvvv
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf
Bangladesh Bank has issued a show-cause notice to Agrani Bank managing director Syed Abdul Hamid asking him to explain why he did not provide defaulted loan information of Kamrun Nahar Sakhi, a director of NRB Commercial Bank, in its quarterly report to the central bank. According to the central bank letter sent to Hamid on Tuesday, Agrani Bank provided false information about Kamrun as the state-owned bank had not shown her as a loan defaulter in its report. The BB on Tuesday issued a notice also to NRB Commercial Bank managing director Dewan Mujibur Rahman asking him to show cause within seven days why he provided false information about the credit profile of Kamrun, a director of his bank. A BB official told New Age on Wednesday that NRB Commercial Bank had recently informed the central bank that none of its directors was loan defaulter, but the BB found that Kamrun, a director of the private commercial bank, was a loan defaulter. The BB letter to the Agrani Bank managing director said that Mismac Development Ltd was a client of Agrani Bank’s Laldighi East corporate branch in Chittagong and Kamrun was a director of the organisation. Agrani Bank in its first quarter report of this year said that Kamrun was not a loan defaulter although her organisation held defaulted loans with the bank in the period. All banks have to provide information about the credit profile of their directors to the central bank on quarterly basis, a BB official told New Age on Thursday. He said the BB also asked Agrani Bank to show Kamrun as a loan defaulter of the bank. - See more at: http://newagebd.net/128389/agrani-bank-also-asked-to-explain-info-concealment/#sthash.vD0sBWxq.dpuf

NCC Bank gets new DMD

Posted by BankInfo on Thu, Jun 11 2015 11:07 am

Md Fazlur Rahman has been promoted as deputy managing director of NCC Bank, the bank said in a statement yesterday.

Prior to the promotion, Rahman has been serving the bank as senior executive vice president.

He has also served the bank as head of SME and retail banking, credit card, credit administration and law and recovery division, the bank said. He began his career with Pubali Bank and also worked with National Bank and Exim Bank in the last three decades. Rahman holds a master degree in economics, according to the statement.

News:The Daily Star/11-Jun-2015
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