Trust Bank Limited inaugurated its corporate head office at Shadhinata Tower, Dhaka Cantonment in the city recently. Vice Chairman of the bank and Adjutant General of Bangladesh Army Major General Md Mahfuzur Rahman inaugurated the office as the chief guest. Members of the executive committee, Managing Director & CEO Ishtiaque Ahmed Chowdhury and Deputy Managing Director and senior executives of the bank were present.

Rahel Ahmed has recently joined the Prime Bank Limited as its Deputy Managing Director (DMD). Mr Ahmed has almost 20 years professional experience in the banking sector of both domestic and international markets with multinational and regional banks, in various capacities spanning over the wholesale banking domain including specialisation in Islamic banking. He started his career with ANZ Grindlays Bank as a Management Trainee and moved up the ladder in their corporate banking division focussing mostly on commercial and local corporate clientele base. Thereafter, he worked for Standard Chartered Bank in Bangladesh and successfully led their local corporate and international corporate business before moving abroad to take new challenges. During the last 7 years, he served in two of the largest regional banks of Middle East and other regions. Mr Ahmed holds his MBA in International Business from Maastricht School of Business.

Bangladesh Bank yesterday asked six state banks not to file "certificate cases" against farmers who have defaulted on agro-loans.

The central bank also directed the banks to reschedule the loans and withdraw all cases filed against farmers. A certificate case is filed by local magistrate courts against defaulter farmers.

“Moral persuasion could work to recover the loans,” SK Sur Chowdhury, deputy governor of the central bank, told reporters after a meeting with managing directors of the six state banks at the BB headquarters.

The finance ministry recently issued a letter to the central bank, asking it to take initiatives to release the farmers from certificate cases. Six state banks -- Sonali, Janata, Agrani, Rupali, Bangladesh Krishi Bank and Rajshahi Krishi Unnayan Bank -- filed certificate cases against more than two lakh farmers, according to BB data. Of them, arrest warrants were issued against 10,000.

Default loans involving the certificate cases stood at Tk 570 crore as of November 30, 2014, up by Tk 18 crore from January the same year. “It is not acceptable that the farmers will have to face cases. It is also unfortunate that farmers are on the run due to the arrest warrants,” Chowdhury said.

The deputy governor also directed the banks to take awareness programmes so that farmers do not become defaulters wilfully.

BB data showed that these six state banks filed 2,504 certificate cases against farmers in November last year while the courts settled only 1,710 cases in that month. In January 2014, the banks had filed 3,785 certificate cases while the courts settled 2,499.

The courts issued arrest warrants against 10,224 farmers between 1991 and 2014, as they failed to repay their loans, BB data showed.

Another BB official said the six state banks filed certificate cases with the executive magistrate's courts to recover default loans worth up to Tk 50,000 from each farmer.

Dhaka : Annual Business Conference 2015 of Jamuna Bank Limited held at Pan Pacifi Sonargaon Hotel in Dhaka on Tuesday, reports in press release. Shaheen Mahmud, Chairman, Jamuna Bank Limited inaugurated the conference as the chief guest. Al-Haj Nur Mohammed, Chairman, Jamuna Bank Foundation, Md. Sirajul Islam Varosha, Chairman, Executive Committee, Md. Rafiqul Islam, Chairman, Audit Committee, Md. Tazul Islam, MP and Kanutosh Majumder, Directors of Jamuna bank were present as the special guests on the occasion. Shafiqul Alam, Managing Director, Jamuna Bank Limited presided over the ceremony. Besides, Mosleh Uddin Ahmed, AMD, Mirza Elias Uddin Ahmed, A. K. M. Saifuddin Ahamed and Md. Habibur Rahman, DMDs of the bank were present on the program.
Jamuna Bank Limited (JBL) is a Banking Company registered under the Companies Act, 1994 of Bangladesh with its Head Office currently at Chini Shilpa Bhaban, 3, Dilkusha C/A, Dhaka-1000, Bangladesh. The Bank started its operation from 3rd June 2001.
The Bank provides all types of support to trade, commerce, industry and overall business of the country. JBL’s finances are also available for the entrepreneurs to set up promising new ventures and BMRE of existing industrial units. Jamuna Bank Ltd., the only Bengali named 3rd generation private commercial bank, was established by a group of local entrepreneurs who are well reputed in the field of trade, commerce, industry and business of the country.
The Bank offers both conventional and Islamic banking through designated branches. The Bank is being managed and operated by a group of highly educated and professional team with diversified experience in finance and banking. The Management of the bank constantly focuses on understanding and anticipating customers’ needs. Since the need of customers is changing day by day with the changes of time, the bank endeavors its best to device strategies and introduce new products to cope with the change. Jamuna Bank Ltd. has already achieved tremendous progress within its past 10 years of operation. The bank has already built up reputation as one of quality service providers of the country. At present the Bank has real-time Online banking branches (of both Urban and Rural areas) network throughout the country having smart IT-backbone. Besides traditional delivery points, the bank has ATMs of its own, sharing with other partner banks and consortium throughout the country.
The operation hour of the Bank is 10:00 A.M. To 6:00 P.M. from Sunday to Thursday with transaction hour from 10:00 A.M. to 4:00 P.M. The Bank remains closed on Friday, Saturday and government holidays.

DHAKA : The 1st conference- 2015 of Dhaka North Region Branch Managers of Pubali Bank Limited held in the city recently. Md. Abdul Halim Chowdhury, Managing Director (Current Charge) of Pubali Bank Limited was present as Chief Guest. Deputy Managing Director of the Bank Safiul Alam Khan Chowdhury was present as Special Guest. GM and RM of Dhaka North Region Dewan Jamil Masud presided over the conference, reports in press release.
In his speech Md. Abdul Halim Chowdhury emphasized on expansion of foreign remittance business through better customer & modern banking service. He said, “The range of the economy of Bangladesh is increasing as world economy is doing the same. Banking sector is playing the lead role here. He urged all to work sincerely in this competitive banking sector. Mr. Chowdhury stressed on selection of potential borrower and try to enhance bank business. He also advised all to work hard, look for new business avenues and diversification and to take concerted efforts for achieving the target fixed for the year 2015.
In his speech Safiul Alam Khan Chowdhury stressed on selection of potential borrower and try to expand bank business. He urged upon all the executives to keep close vigilance so that newly disbursed loans may not become overdue or classified. Intensive supervision and close monitoring of the loan should be made. He advised all officers to abide by the rules and regulations of Bangladesh Bank and other regulatory bodies since we are a very compliant bank.
At the meeting, necessary strategies and plans were framed to achieve the target fixed for the year 2015. GM of Mohakhali Corporate Branch B. M. Shahidul Haque and Branch Managers of Dhaka North Region were also present.
Caption: The 1st conference- 2015 of Dhaka North Region Branch Managers of Pubali Bank Limited held in the city recently. Md. Abdul Halim Chowdhury, Managing Director (Current Charge) of Pubali Bank Limited was present as Chief Guest. Deputy Managing Director of the Bank Safiul Alam Khan Chowdhury was present as Special Guest. GM and RM of Dhaka North Region Dewan Jamil Masud presided over the conference. GM of Mohakhali Corporate Branch B. M. Shahidul Haque was also present.