Islami Bank Bangladesh Limited (IBBL) and international money transfer operator Xpress Money has jointly launched a 20-day special remittance campaign on the occasion of upcoming Eid-ul-Azha, reports UNB.

IBBL Managing Director Mohammad Abdul Mannan at a function at the Islami Bank Tower inaugurated the campaign recently, said a press release on Thursday.

Deputy Managing Director Md Mabub-ul-Alam, Executive Vice-president Kazi Kamrul Islam, Country Manager of Xpress Money Shamim Iftakher and top executives of both organizations were present on the occasion.

Clients receiving foreign remittance through Xpress Money from Islami Bank will get a fridge every day by lottery while a coluorful spice box will be gifted to every client during the campaign period.

As per the agreement, EXIM Bank employees would be able to receive medical service from United Hospital at discount rates, said a press release.
Dr. Mohammed Haider Ali Miah, Managing Director and CEO of EXIM Bank, and Dr. Dabir Uddin Ahmed, Clinical Operation Director of United Hospital, signed an agreement.

 Primary Dealers Bangladesh Limited (PDBL) launched its own website - www.pdbl.org.bd aimed at providing relevant information like yield, prices, benefits of Government Securities (GS) to market participants and researchers.

Anis A Khan, Chairman of PDBL and Managing Director and CEO of Mutual Trust Bank Limited (MTB) inaugurated the website as chief guest at a function held at the Head office of Sonali Bank Limited in Dhaka recently, said a press release. Bangladesh Bank has appointed 12 banks as Primary Dealers to help developing a vibrant secondary market for Government Securities. As a market maker of government securities, the primary dealers have developed their website for market participants and researchers.

Islami Bank Bangladesh Limited has allocated Tk. 50 million to help and rehabilitate flood and river erosion affected destitute people in the country. Board of Directors of the Bank at an emergency meeting with its Chairman Prof. Abu Nasser Mohammad Abduz Zaher in the chair on September 14, 2014 took the decision. The allocated fund will be spent in providing necessary food, cash money and rehabilitation of the hapless people affected by flood and river erosion in the affected districts, informed by the authority.
Earlier, the Bank allocated Tk. 20 million for the flood victims. With the increase in havoc of the flood Bank’s management has enhanced the amount.

DHAKA:The Bangladesh Bank (BB) Monday cautioned the people about the risk of transaction by using bitcoin and warned that such transaction would be tantamount to illegal activities as well as punishable offence under the existing law, reports BSS.
The BB in a statement said the bitcoin is not a legal tender as it is not regulated or issued by a central bank of any country. The statement issued against the backdrop of media reports about increasing use of the crypto currency particularly in online transactions.
The central bank suggested people to refrain from using the crypto currency in any kind of transaction including online trading, and cautioned that such transaction would cause the persons concerned to incur huge loss and to be behind the bar. The BB also said transaction by crypto currency like bitcoin is a punishable offence under the Foreign Exchange Regulation Act, 1947 and the Money Laundering Prevention Act 2012.