Helal Ahmed Chowdhury, Managing Director of Pubali Bank Limited, speaks at a workshop on "Money Laundering Prevention & Internal Control & Compliance" organised by the bank in Dhaka recently.

A day-long workshop on "Money Laundering Prevention and Internal Control and Compliance" organised by Pubali Bank in Dhaka recently.

Helal Ahmed Chowdhury, Managing Director of the bank was present as chief guest, said a press release.

Md Shirajul Islam, General Manager of Janata Bank Limited, receives an award at a hotel in Singapore recently.

Janata Bank Limited was awarded with the Wholesale Banking Award-2013 and the Retail Banking Award-2013 by the Asian Banking and Finance Magazine of Singapore.

Md Shirajul Islam, General Manager of Janata Bank Limited, received the awards at a function at hotel in Singapore recently, said a press release.

Bangladesh Bank has asked the commercial banks to abide by the amended Bank Company Law 2013.

A notice was sent to the directors of the Banks on Monday by the Policy and Rules Department of the bank.

The notice said that the Bank Company Law 1999 has been changed to Bank Company Law 2013 which has already been published in the supplementary edition of the Gazette, banglanews24 reports.

For now on, the commercial banks have to abide by the clauses mentioned in the amended law. The central bank has also ordered the commercial banks to resent this law at the next meeting of the Executive Committee.

The amended Bank Company Law was passed on July 14, 2013 with the clause restricting investment of commercial banks in the capital market by not more than 25 percent of their capital and reserve.

The change has also augmented the power of the central bank and set the fine for violating the Securities and Bank Company Law at Tk 20 lakh.

In the absence of payment of the fine at the right time, additional Tk 50,000 will be added to the fine.

Major (retd) Dr. Md. Rezaul Haque, Chairman of the Board of Directors of SIBL inaugurates Maijdee branch of the bank at Maijdee in Noakhali on Sunday.

Social Islami Bank Limited (SIBL) opened its 93rd branch at Maijdee Bazaar in Noakhali on Sunday.

Major (retd) Dr. Md. Rezaul Haque, Chairman of the Board of Directors of the bank inaugurated the branch as chief guest, said a press release.

Harunur Rashid Azad, Mayor of Noakhali Powrashava was present in the programme as special guest.

Director of the bank and Chairman of the Board Audit Committee Md. Abdur Raqhman and Director Abdul Mohit were also present as special guests.

M Amanullah, Chairman of Mercantile Bank Limited, speaks at the Half-Yearly Business Conference - 2013 of the bank at a hotel in Dhaka on Saturday.

The "Half-Yearly Business Conference - 2013" of head of branches and Divisional Heads of Head Office of Mercantile Bank Limited was held at a hotel in the capital on Saturday.

M Amanullah, Chairman of the bank, inaugurated the conference as chief guest, said a press release.
The conference was presided over by M Ehsanul Haque, Managing Director and CEO of the bank.

Dr. Mahmood Osman Imam, Chairman, Audit Committee, MS Ahsan, ASM Feroz Alam, Md. Abdul Hannan, Mohd Selim, Morshed Alam,

Al-Haj Mosharref Hossain and Syed Ashraf Ali, Sponsors, Md. Nasiruddin Choudhury, Director and Syed Muhammed Abdul Mannan, MP,

Md. Abdul Jalil Chowdhury and Monindra Kumar Nath, Additional Managing Directors, M A Yousuf Khan, Md. Quamrul Islam Chowdhury,

Deputy Managing Directors of the bank and Rabiul Hossain, Principal of Mercantile Bank Training Institute were present on the occasion.