Banking

Remittance continues to rise in May

Posted by BankInfo on Wed, Jun 03 2015 10:05 am

The country received $1.32 billion in remittance last month against $1.29 billion in March 2015, as stated in Bangladesh Bank data released today.

Non-resident Bangladeshis sent home $1.32 billion in May, according to Bangladesh Bank.

The country received $1.32 billion in remittance last month against $1.29 billion in March 2015, as stated in Bangladesh Bank data released today.

The amount is 1.69 percent more than the previous month.

With May’s receipts, the fiscal year's total reaches $13.87 billion so far (in 11 months).

News:The Daily Star/2-Jun-2015


Md Abdul Hamid Miah, Managing Director of Union Bank Ltd, inaugurating new branch of the bank at DT Road Eidgah, Chittagong on Monday.

Posted by BankInfo on Tue, Jun 02 2015 01:38 pm

Md Abdul Hamid Miah, Managing Director of Union Bank Ltd, inaugurating new branch of the bank at DT Road Eidgah, Chittagong on Monday.

News:New Age/2-Jun-2015

IFIC Bank Limited

Posted by BankInfo on Tue, Jun 02 2015 11:57 am

In presence of Bangladesh Bank Governor Dr Atiur Rahman, IFIC Bank Limited Monday donated Tk 0.8 million for earthquake victims of Nepal. Acting Managing Director and Chief Financial Officer of IFIC Bank SM Abdul Hamid and Deputy Managing Director Shah Md Mainuddin handed over the cheque to Ambassador of Nepal in Bangladesh Hari Kumar Shrestha at a ceremony in a city hotel.

News:Financial Express/2-Jun-2015

In presence of Bangladesh Bank Governor Dr. Atiur Rahman

Posted by BankInfo on Tue, Jun 02 2015 11:48 am

In presence of Bangladesh Bank Governor Dr. Atiur Rahman, Managing Director (CC) of Bank Asia Aminul Islam is handing over a token of Bank Asia's contribution for the devastating earthquake victims of Nepal to the country's Ambassador to Bangladesh H.K. Shrestha at a function held at a hotel in Gulshan in the city Monday. (more related picture on page 16)

News:Financial Express/2-Jun-2015

Banks donated Tk 1.9b to PM’s Relief Fund: Atiur

Posted by BankInfo on Tue, Jun 02 2015 10:45 am

Bangladesh Bank Governor Dr Atiur Rahman said the banking community of the country has so far donated Taka 1.9 billion to the Prime Minister’s Relief Fund for creating employment for the victims of various disasters including Raza Plaza incidents.
Bangladesh Bank has taken a number of noteworthy initiatives such as supporting the victims and volunteers of Savar tragedy with the contribution of one day salary of its employees. Also BB and all other financial institutions (FIs) came forward with immediate cash support from their CSR fund to stand by Rana Plaza victims.
During both the Tazreen Fashions and Rana Plaza incidents, causing well over 1100 fatalities and manifold more debilitating injuries, the country’s financial sector and the broader business community have come forward with prompt, generous fund support for the rescue and relief efforts, Dr Atiur said.
Bangladesh Bank chief was speaking at a ceremony on handing over donation money to H. K. Shrestha, Nepalese Ambassador to Bangladesh as CSR Support to Nepal on behalf of Financial Sector of Bangladesh for the victims of the earthquake victims in the Himalayan country.

News:Daily Sun/2-Jun-2015
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