The central bank yesterday relaxed the guidelines for setting up electronic booths, including automated teller machines, to help banks expand their networks.

Banks now can set up all kinds of electronic booths including ATMs without prior permission from the central bank, Bangladesh Bank said in a notice.

But consent from their respective boards is still needed with regards to expenses and rents for the ATM booths.

The central bank will take actions if it finds irregularities in the rent and expenses, and may close down the booth if necessary.

Save for electronic transactions, no other banking operations can be done via the booth, said the notice.

Meanwhile, in another development, banks can now go for rental or leasing renewal without prior permission from the central bank within three years of the latest approval on the same issue.

BB will have to be notified of the renewal within one month of approval from the banks' board of directors.

However, if the rent increase is upwards of 15 percent, BB's approval has to be taken.

NETROKONA : Pubali Bank Limited has inaugurated its 431st branch at Mohongonj, Netrokona. Sazzadul Hasan, Divisional Commissioner of Sylhet Division formally inaugurated the branch as Chief Guest. M.A. Halim Chowdhury, Managing Director (Current Charge) of Pubali Bank Ltd. was present as Guest of Honour. Deputy Managing Director of Pubali Bank Safiul Alam Khan Chowdhury, District Commissioner of Netrokona Tarun Kanti Shikder and SP of Netrokona Md. Zakir Hossain Khan were present as Special Guests. DGM and RM of Mymensingh region Md. Zahidur Rahaman presided over the inaugural ceremony.
In his speech M.A. Halim Chowdhury said that Pubali Bank is committed to providing the best & innovative banking services needs of the market in fastest possible time. As a part for providing better services & client’s increasing demand Pubali Bank has opened its 431st branch at Mohongonj, Netrokona. He expressed his hope that Pubali Bank would surely serve its customers with utmost satisfaction by applying modern technology through this branch. In this context he urged the local businessmen to avail the facility of Pubali Bank to expand their ventures. He expressed his hope that the branch would remarkable contribution in the business development of this area. He also urged all the local people for extending co-operation to the bank.
In his speech Safiul Alam Khan Chowdhury said that Pubali Bank has been providing better services for its customer with a promise to keep up its original tradition. He also said, PBL gives priority to provide opportunity and advantage to the customers through application of modern technologies. With a view to expanding the scope of services, the bank has opened its 431st branch at Mohongonj, Netrokona. Local elites & businessmen were also attended at the inauguration ceremony.

DHAKA: Trust Bank Limited has opened its Kakrail Branch, Dhaka on 30th December 2014, reports in après release.Adjutent General of Bangladesh Army and Vice Chairman of Trust Bank Limited Maj Gen Md Mahfuzur Rahman, rcds, ndc, afwc, psc, PhD inaugurated the Branch as Chief Guest along with Banks Managing Director & CEO Ishtiaque Ahmed Chowdhury. Banks Deputy Managing Director Abu Zafar Hedaytul Islam, Senior Executive of the Banks and Local reputed people, Businessman, Industrialist and other invited guests were also attended the inaugural ceremony.Trust Bank Limited Vision is to provide financial services to meet customer expectations so that customers feel we are always there when they need us, and can refer us to their friends with confidence. We want to be a preferred bank of choice with a distinctive identity. Trust Bank Limited Mission is to make banking easy for our customers by implementing one-stop service concept and provide innovative and attractive products & services through our technology and qualified human resources. We always look out to benefit the local community through supporting entrepreneurship, social responsibility and economic development of the country.Trust Bank is a contemporary, upbeat brand of distinctive quality of service and solution that offers a rewarding banking experience as preferred choice of banking partner every time, every where.

Mymonshing : Trust Bank Limited has opened its Shumvugonj Branch, Mymonshing on Sunday, reports in a press release.
Ashrafuzzaman Khan, Director of The Trust Bank Limited inaugurated the Branch as Chief Guest along with Banks Managing Director & CEO Ishtiaque Ahmed Chowdhury. Local reputed people, Businessman, Industrialist and other invited guests were also attended the inaugural ceremony.
The Trust Bank vision is to build a long-term sustainable financial institution through financial inclusion and deliver optimum value to all stakeholders with the highest level of compliance. The Mission of the Bank is to long term sustainable growth- diversified business with robust risk management. Financial Inclusion- bring unbanked population into banking network through low cost and technology based service delivery. Accountable to all stakeholders- customers, shareholders, employees & regulators. Highest level of compliance and transparency at all levels of operation.