Banking

Grameen Bank girls win foreign scholarships for higher education

Posted by BankInfo on Sat, Sep 07 2013 11:32 am

Winners of Glasgow Caledonian University scholarship meet Nobel laureate Muhammad Yunus, centre, at Yunus Centre. From left, Popi Rani Bhowmik, Satu Mondol, Rokeya Akter Bristy and Rofiqun Nesa. Photo: YUNUS CENTRE

 

Four meritorious female children of Grameen Bank borrowers have won scholarships to pursue higher studies in nursing and midwifery at the prestigious Glasgow Caledonian University in Scotland.


Of them, Rokeya Akter Bristy, Popi Rani Bhowmik and Satu Mondal — who are all from low-income family in rural villages — were picked up for the scholarship for studying at the Scottish university after they grabbed top three positions in their final exams at the Grameen Caledonian College of Nursing in Dhaka this year

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The fourth student, Rofiqun Nesa Tuli, was awarded special scholarship by a Bangladeshi origin CEO of a US-based multinational company,

Yunus Centre said in a statement yesterday.
The students will pursue BSc in nursing, which is a post-basic course that will give them the opportunity to study nursing at an advanced level.


The scholarship will cover their course fees, accommodation and subsistence, including travel to and from Bangladesh.
Opened in March 1, 2010, Grameen Caledonian College of Nursing is a partnership between Glasgow Caledonian University, Scotland and the Grameen Healthcare Trust (GHT) and Grameen Health Care Services Ltd (GHS).
The college aims to develop nursing and midwifery standards in Bangladesh to an international level through the provision of the highest quality education and research.
The first 38 students graduated with diploma in 2013 from the college have found good nursing jobs in various hospitals and institutions in Bangladesh, according to the statement.


The four students are part of more than 50 students of Grameen families who have secured scholarships to pursue studies in various fields around the world.


Two other students — Suraiya Sharmeen and Kausar Parveen Nipa — have been selected for a scholarship to pursue Bachelor of Business in international business and marketing at Taylor University in Malaysia.


The Scottish scholarships and the Malaysian scholarships follow existing scholarship programmes, including the Khazanah Asia Scholarship Programme established in 2007.


The foundation has awarded five scholarships every year to the children of Grameen families since 2009. A total of 17 students of GB families received the scholarship so far.


Similar programmes have been established with Ewha Women University in Seoul, Korea and Asian University for Women in Chittagong especially for the children of Grameen Bank families.


Grameen Bank, which has 84 lakh members, has made it mandatory for its borrowers to send their children school.

News:The Daily Star Bangladesh/ 7-Sep-2013


Al-Arafah Bank EC meeting held

Posted by BankInfo on Sat, Sep 07 2013 11:19 am

Al-hajj Abdul Malek Mollah, Vice Chairman of the Executive Committee of the Board of Directors of Al-Arafah Islami Bank Ltd, presides over a meeting of the EC at the board room of the bank on Thursday.

 

 The 406th meeting of the Executive Committee of the Board of Directors of Al-Arafah Islami Bank Limited was held at the board room of the bank on Thursday.

Al-hajj Abdul Malek Mollah, Vice Chairman of the committee presided over the meeting, said a press release.

The meeting reviewed overall business performance of the bank.

Nazmul Ahsan Khaled, Hafej Md. Enayetullah, Engr. Kh. Mesbah Uddin Ahmed, Ahamedul Hoque, ANM Yeahea, members, Md. Habibur Rahman, MD,

and Md. Mofazzal Hossain, Company Secretary and DMD of the bank were also present at the meeting.

News:Daily Sun Bangladesh/7-Sep-2013

HSBC holds workshop on int’l trade standard

Posted by BankInfo on Sat, Sep 07 2013 11:03 am

The Hong Kong and Shanghai Banking Corporation Limited in Bangladesh, in collaboration with International Chamber of Commerce (ICC) Bangladesh, recently organised a trade workshop for its clients.

The workshop extensively focused on training trade professionals on globally accredited trade standards – UCP 600 and Incoterms 2010. HSBC is the first bank in Bangladesh to organise such workshop on the topics for its clients, said a press release.

The Uniform Customs and Practice for Documentary Credits (UCP) is a set of rules on the issuance and use of letters of credit. The UCP is utilised by bankers and commercial parties in more than 175 countries in trade finance.

The Incoterms rules or International Commercial Terms are a series of pre-defined commercial terms that are widely used in International commercial transactions or Procurement processes. Both of these global trade standards are published and standardised by ICC.

The workshops were held in Dhaka and Chittagong with more than 180 trade professionals attending the workshops.

The workshops were conducted by the Chair of the ICC Banking Commission Executive Committee, Vincent O’Brien – an expert in the field of trade standards with more than 20 years of experience.

The workshops provided an opportunity for the participants to engage with distinguished trade professionals of the country and trainers through interactive discussion sessions to understand the globally accredited trade standards thoroughly.

Commenting on the workshops, Corporate Banking Head of HSBC Bangladesh, Md. Mahbub-ur-Rahman said “As the leading international trade bank, HSBC believes in facilitating knowledge on international trade for our trade partners and valued customers.”

Executive Director of Bangladesh Bank Md Ahsan Ullah, Preseident of the Chittagong Chamber of Commerce Mahbubul Alam, President of ICC Bangladesh Mahbubur Rahman, ICC Bangladesh Secretary General Ataur Rahman, Corporate Banking Head of HSBC Bangladesh Md Mahbub-ur-Rahman and other senior officials from ICC Bangladesh and HSBC also attended the workshop.

News:Daily Sun Bangladesh/7-Sep-2013

Meghna Bank signs deal with Q-Cash, FastCash

Posted by BankInfo on Sat, Sep 07 2013 10:00 am

Kaiser A. Chowdhury, MD and CEO of Meghna Bank Limited, Dr. Kazi Saifuddin Munir, MD and CEO of ITCL and Shezan Shams, MD and CEO of E-Cash exchange documents after signing deal Services at the bank's head office at Doreen Tower in Dhaka recently.

 

A tripartite agreement was signed between Meghna Bank Limited and IT Consultants Limited (Q-Cash) and E-Cash Limited (FastCash) for Meghna Bank Fast Cash Prepaid Card and Mobile Banking Services at the bank's head office at Doreen Tower in Dhaka recently.

Kaiser A. Chowdhury, Managing Director and CEO of Meghna Bank Limited, Dr. Kazi Saifuddin Munir, Managing Director and CEO of ITCL and Shezan Shams, Managing Director and CEO of E-Cash signed the agreement on behalf of their respective organisations, said a press release.

News:Daily Sun Bangladesh/6-Sep-2013

SIBL shifts branch at Fakirhat

Posted by BankInfo on Sat, Sep 07 2013 09:42 am

Abdul Jabbar Molla, Director of Social Islami Bank Limited, inaugurates the newly-shifted SME/Krishi branch of the bank at Fakirhat recently.

Social Islami Bank Limited (SIBL) Mollahat SME and Krishi branch has been shifted to its new premises at Fakirhat, Bagerhat recently.

Abdul Jabbar Molla, Director of the bank inaugurated the new office of the bank, said a press release.

Md Shafiqur Rahman, Managing Director of the bank presided over the function.

News: Daily Sun Bangladesh/6-Spe-2013
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