Banking
Al-Arafah Islami Bank distributes relief among flood victims
Al-Arafah Islami Bank Ltd distributed relief goods among the flood-hit people of different areas in Bogra on Saturday as part of its Corporate Social Responsibility (CSR). Md Habibur Rahman, MP, inaugurated the relief distribution programme at Chikashi under Dhunat upazila.
Deputy Commissioner of Bogra Md Shafiqur Rahman Biswas, Police Super Md Mozammel Haque, UNO of Dhunat Md Hafizur Rahman, local Chairman AKM Towhidul Alam Mamun and Mayor of the municipality AGM Badshah were present as special guests.
Among others, Director of the bank Alhajj Abdul Malek Mollah, DMD Md Golam Rabbani, Executive Vice-President Syed Masodul Bari, Senior Vice-Presidents Engr Md Habib Ullah and Abed Ahmed Khan, Zonal Head of AIBL Bogra Zone Md Abul Basher and Assistant Vice-President Jalal Ahmed were also present on the occasion.
Modhumoti Bank holds training workshop
Modhumoti Bank Training Institute organised a training programme on “Credit Proposal Processing and Green Banking” for the credit department officers of the bank.
Md. Mizanur Rahman, Managing Director and CEO of the bank inaugurated the training programme on Saturday, said a press release.
Standard Bank donates Tk 30 lakh to Proyash
Standard Bank Limited recently donated Tk 30 lakh to Proyash, a specialised school for children with special needs, to construct its new branch in Ghatail Cantonment.
Standard Bank Chairman Kazi Akram Uddin Ahmed handed over a cheque to Chief of Army Staff General Iqbal Karim Bhuiyan at a function in Dhaka recently.
BB-BKB MoU to give loan to slum-dwellers signed
Bangladesh Krishi Bank (BKB) signed an agreement with Bangladesh Bank to utilize Tk 2.0 crore fund for giving the capital’s slum-dwellers loan to initiate income generation venture after returning to their respective villages.
BB’s executive director M Mahfuzur Rahman and BKB’s managing director Abdus Salam signed the agreement on behalf of their respective sides. The central bank will give BKB Tk 2.0 crore for its “Ghore Fera Kormo Suchi” (go back home project), rteports BSS.
BB Governor Dr Atiur Rahman and top officials of BB and BKB were present at the loan signing function.
In his brief speech, BB Governor Dr Atiur Rahman said the central bank is giving Tk 2.0 crore to this programme. If necessary, it will increase its financing in future, he added.
BB’s executive director M Mahfuzur Rahman said BB is offering the fund to take back the urban poor to their homes under the “Ghore Fera Kormo Suchi” of the government.
He said the central bank is providing BKB the money from its housing fund at 2.0 percent rate of interest when the borrowers from BKB would pay only 6.0 percent annually.
Under the programme, the eligible borrowers can get Taka 20-40 thousand loan for income generating projects besides Tk 50,000 for housing. Introduced in 2010, the government so far allocated Tk 10 crore for the project to help slum-dwellers go back home and employ themselves.
EBL launches Hajj travel card
Eastern Bank Limited (EBL), in association with Visa, the leading global payment technology company, has launched special Visa Hajj and Umrah travel prepaid card, says a press release. The card aims to offer hassle free international travel for pilgrims, along with a secure and reliable way to pay. According to the release, the card is a smart alternative to paper-based instruments like traveller’s cheque or currency notes for the pilgrims traveling to Saudi Arabia to perform Hajj and Umrah. Pilgrims can load required foreign currency at home by paying in Bangladeshi currency.
Ali Reza Iftekhar, managing director and CEO of the bank, said, “EBL was the first bank in Bangladesh to launch Hajj prepaid cards in 2010. This year onward we will be offering card users added features and benefits.”