Banking
WB tops in aid disbursement to Bangladesh
The World Bank has provided the highest amount of foreign aid to Bangladesh since independence till the last
fiscal year (2012-13) with an amount of over $ 13.1 billion out of the country’s all major bilateral and
multilateral development partners, reports UNB. The Washington-based lending agency has provided an
overall amount of $ 13,113.0 million to Bangladesh till the last fiscal year, according to the latest data of the ‘Flow of External Resources into Bangladesh 2012-13’ released by the Economic Relations Division (ERD).
Of the overall disbursed amount by the World Bank, $ 12,550.7 million are in the form of loans while $ 562.3
million in the form of grants.
The flagship ERD publication showed that the Asian Development Bank provided the 2nd highest of $ 9,130.2 million followed by Japan $ 7,449.7 million.The United States came up with the 4th highest amount of foreign aid of $3,550.3 million followed by UN System
$ 3,061.8 million, UK $ 2,298.0 million, Canada $ 2,138.6 million, Germany $ 1,788.1 million, EU $ 1,620.3 million, Netherlands $ 1,180.6 million and Unicef $ 1,038.3 million.
The other major notable development partners who have come up with assistance from 1971-72 fiscal year to 2012-13 fiscal year are Denmark $ 947.2 million, Saudi Arabia $ 904.7 million, Sweden $ 857.3 million,
Norway $ 712.5 million, France $ 581.0 million, IDB $ 579.1 million, India $ 453.4 million and Australia $ 437.3 million.
According to the latest ‘Flow of External Resources into Bangladesh’, the overall foreign aid disbursement
since the country’s independence till the last fiscal year totalled $ 59,311.657 million, including $ 24,661.358 million in grants while $ 34,650.229 million in loans, against the commitment of $ 81,049.174 million.
During the last 42 years from 1971-72 to 2012-13, the foreign aid commitment was much higher totaling $ 81,049.174 million, including $28,495.934 million in grants while $ 52,553.240 million as loans, the ERD publication showed.
JBF organises blood donation, free eye camp
Jamuna Bank Foundation (JBF) organised a voluntary blood donation programme and free eye camp, gynae and general treatment at Sreemongol in Moulvibazar recently.
Kanutosh Majumder, Chairman of Jamuna Bank, inaugurated the ceremony as chief guest, said a press release.
Alhaj Nur Mohammed, Chairman of Jamuna Bank Foundation, presided over the function.
Mosharraf Hussain and Md Atiqur Rahman attended the function as special guests while Shafiqul Alam, Managing Director of Jamuna Bank was guest of honour.
MTB launches Mobile Banking services
Mutual Trust Bank Ltd. (MTB) launched “Bangla Cash”, the bank’s Mobile Financial Services (MFS) at the MTB Centre at Gulshan in Dhaka on Saturday.
Rashed Ahmed Chowdhury, Chairman of the bank unveiled the “Bangla Cash” logo as the chief guest. Mustafa Rafiqul Islam, Chairman and Managing Director, Flora Telecom Ltd and Anis A. Khan, MD and CEO of MTB were present, said a press release.
IFIC Bank signs m-banking deal with Channel-i
IFIC Bank Limited signed an agreement with Impress Telefilm Limited (Channel i) to provide IFIC mobile banking services to the leading media organisation.
IFIC Bank is going to launch mobile banking services soon, said a press release.
Managing Director and CEO of the bank Shah A Sarwar signed the agreement with Managing Director of Impress Telefilm Limited (Channel-i) Faridur Reza Sagar at the Channel-i Head Office at Tejgaon Industrial Area in Dhaka recently.
Under the agreement, IFIC Bank will facilitate the Impress Telefilm Limited in disbursement of their employees’ salary and other payments through IFIC Mobile banking services.
Ashim Chowdhury, Head of Business Project Delivery, Mohammad Monirul Islam, Head Mobile Banking Division, Tasnuva Tarek, Head of Business of Mobile Banking Division and Mir Iqbal Hossain, Relationship Manager of Shantinagar Branch of IFIC Bank were also present.
News:Daily Sun/18/Mar-2014
UCBL organises managers’ confce
A managers’ conference of Dhaka zone of United Commercial Bank Limited (UCB) was held at the Learning and Development Centre auditorium of the bank on Saturday.
The conference was presided over by Managing Director of UCBL Muhammed Ali, said a press release.
Additional Managing Directors M. Shahidul Islam, Mirza Mahmud Rafiqur Rahman and AE Abdul Muhaimen were present at the conference.
Deputy Managing Directors Mohammad Abu Abdullah, Md. Tariqul Azam and Mohammad Shawkat Jamil along with other senior officials of the bank were present.