Banking

BB Governor: Central Bank to encourage young savers

Posted by BankInfo on Sun, Mar 09 2014 10:47 am

2,86,000 school students have opened bank accounts under school banking procedures and Tk 304 crore have been deposited in these accounts, says the Governor 

 

 

File photo of Bangladesh Bank Governor Dr Atiur Rahman  

Bangladesh Bank Governor Dr Atiur Rahman yesterday said the central bank would issue a circular within few days so that street children can open bank account with Tk 10 to save their income.   

He said this while addressing the School Banking Conference as chief guest, at Bangladesh Bank Colony High School playground in Agrabad at Chittagong.

“Although Habib Bank was the first to introduce school banking in the country in the sixties [1960s], but school banking was still very rare,” he said.

Atiur said he took initiatives for developing school banking after taking office. “We introduced a policy for school banking last year, where young people between 6-18 years can open account starting from Tk 100 and use the opportunity to save their money for education, stipend money and so on.”

From November 2, 2010 till December 31, 2013, some 2,86,000 school students have opened bank accounts under school banking procedures and Tk 304 crore have been deposited in these accounts.

News:Dhaka Tribune/9-Mar-2013

 



Heist thru tunnel at Sonali again

Posted by BankInfo on Sun, Mar 09 2014 10:25 am

This time Tk 30.8 lakh looted from bank's Adamdighi branch, Bogra; 30 feet tunnel dug from nearby shop; 4 detained

Our Correspondent, Bogra


 

 The tunnel leading to the vault of Sonali Bank's Adamdighi branch in Bogra. Photo: Star

In yet another bank heist, around Tk 30.8 lakh has been taken away from Sonali Bank's Adamdighi branch in Bogra by digging a 30-feet tunnel from a nearby furniture shop into the vault.


Applying the same technique, a robber stole Tk 16.40 crore from Sonali Bank's main branch in Kishoreganj on January 24 by digging a tunnel from a nearby rented house.


Shamsuddin Sharif, manager of the Adamdighi branch, said the bank was closed on Friday as usual.


But it remained open yesterday on account of the election for women's reserved seats in parliament. However, no transaction was made on the day, he added.


Around 4:30pm yesterday, bank officials found the vault broken and called police.


The manager also said the deposit stood at Tk 32,51,687 at the end of Thursday's transaction. After the theft, Tk 1,72,184 was left in the vault.


Yesterday evening, police detained Ansar members Purnadev Sarkar and Milon Mia, who were in-charge of the bank's security, and Ashraful Islam, owner of the shop Biplob Furniture, and his employee Shahin Mia.


Contacted, Mofazzel Hossain, deputy general manager and spokesman of Sonali Bank, told The Daily Star around 9:00pm yesterday that he was yet to know about the heist.


Pradip Kumar Dutta, managing director of the bank, could not be reached as his cell phone was switched off.


In another incident exposed recently by a top finance ministry official, the state-run bank lost $250,000 (Tk 2

crore) to London-based cybercrooks who allegedly hacked into the bank's security system and transferred the money to an account in Turkey.


The crime was committed in September last year while the bank's corporate branch at Shilpa Bhaban in the capital was transferring the amount to the UK through wires on behalf of its client in Bangladesh.


Also, the bank luckily averted another hacking attempt, as there was no cash in the account from which the hackers tried to steal money.

News:The Daily Star/9-Mar-2014


IBBL donates Tk 10 lakh to Jalalabad Trust

Posted by BankInfo on Sun, Mar 09 2014 10:16 am

Islami Bank Bangladesh Limited donated Tk 10 lakh to Jalalabad Education Trust for providing scholarships to students.

Finance Minister Abul Maal Abdul Muhith received the cheque from Mohammad Abdul Mannan, Managing Director of Islami Bank Bangladesh Limited on behalf of Jalalabad Trust, at a function in Sylhet on Friday.

Dr. Farashuddin, Chairman of Jalalabad Education Trust, Dr. AK Abdul Mubin, President of Jalalabad Association, Abdul Hamid Chowdhury, Chairman of Jalalabad Building Trust, Azam J Chowdhury, Chairman of East Cost Group, Seyd Zaglul Pasha, Secretary of Jalalabad Education Trust, Jalal Ahmed, Trustee Member were present on the occasion.

Islami Bank has been working in development of the county’s education sector since its inception. The bank spent a total of Tk 829 million in education sector during last 30 years.

News:Daily sun/9-Mar-2014

SJIBL signs MoU with HAAB

Posted by BankInfo on Sun, Mar 09 2014 10:07 am

Masihul Huq Chowdhury, Additional Managing Director, Shahjalal Islami Bank Limited, and Md. Ibrahim Bahar, President, HAAB, exchange documents after signing a MoU at a hotel in Dhaka on Thursday.

 

 Shahjalal Islami Bank Limited (SJIBL) signed a MoU with Hajj Agencies Association of Bangladesh (HAAB) at a hotel in Dhaka on Thursday.

Under the MoU, pilgrims will be able to deposit their hajj and umrah money to 92 branches of the bank across the country, said a press release.

Masihul Huq Chowdhury, Additional Managing Director of Shahjalal Islami Bank Limited and Md. Ibrahim Bahar, President, HAAB signed the MoU on behalf of their respective organisations.

News:Daily Sun/9-Mar-2014

Mercantile Bank organises seminar

Posted by BankInfo on Sun, Mar 09 2014 09:59 am

M. Amanullah, Chairman of Board of Directors’ of Mercantile Bank Limited, speaks at a seminar on ‘Stress Management and Counseling” in Dhaka recently.

 

 A seminar titled ‘Stress Management and Counseling” was organised by Mercantile Bank Training Institute for senior executives and branch managers of Mercantile Bank.

M. Amanullah, Chairman, Mercantile Bank Limited, inaugurated the day-long seminar, said a press release.

M. Ehsanul Haque, Managing Director and CEO of Mercantile Bank Limited, Khondkar Ibrahim Khaled, former deputy governor of Bangladesh Bank and Chair Professor of Bangladesh Institute of Bank Management and S.A. Chowdhury, Chair Professor of Bangladesh Institute of Bank Management were key speakers at the seminar.

Academician Fahmida Chowdhury of Bangladesh Institute of Bank Management gave concluding speech.

Javed Tariq, Principal of Mercantile Bank Training Institute delivered the welcome address.

News:Daily Sun/9-Mar-2014
480 | 481 | 482 | 483 | 484 | 485 | 486 | 487 | 488