Islami Bank Bangladesh Limited (IBBL) has decided to stand beside Savar Rana Plaza victims and their family members by extending assistance.

In this regard, the bank donated Tk 5 crore to Prime Minister’s Relief and Welfare Fund last month, said a press release.

The donation is part of the bank’s Corporate Social Responsibility (CSR) activities. Besides, Tk 84,50,000 raised from one day’s salary of executives and officials of the bank was also donated to Savar victims though ABB.

Just after the accident in Savar, IBBL organised blood donation programme to provide blood for injured.

The bank, the pioneer in welfare oriented banking, also created a charitable fund “Sadaqah Tahbil” (Charity Fund) in 1983 to serve the distressed humanity. The fund was renamed as Islamic Bank Foundation in 1991.

The Bangladesh Bank on Tuesday asked scheduled banks to take measures to stop import of poultry and poultry-related products from China.

The BB issued a circular to the banks which are operating authorised dealer branches asking them to take necessary measures in this regard.

The BB circular said the office of the Chief Controller of Imports and Exports had banned import of poultry products from China on May 29 this year.

An official of office of the Chief Controller of Imports and Exports told New Age on Tuesday that they had taken the decision to contain a possible spread of a new 
strain of bird flu.

He said that the Chief Controller of Imports and Exports had imposed the ban on poultry imports from China to prevent a pandemic of the H7N9 virus in Bangladesh.

The H7N9 was detected in China in March and the virus has already killed a number of people there, the official said.

Anis A. Khan, Managing Director and CEO of Mutual Trust Bank and Md. Mujibur Rahman, Managing Director of SME Foundation, exchange documents after signing an agreement at MTB Centre at Gulshan in Dhaka recently.

Mutual Trust Bank Limited (MTB) recently signed an agreement with SME Foundation to extend collateral free loan facilities to start-up businesses at a single digit rate of interest recently.

The SME Foundation in collaboration with Bangladesh Youth Enterprise Advice and Helpcentre (B’YEAH) will provide wholesale fund to MTB for on-lending to young entrepreneurs, said a pres release.

MTB Managing Director and CEO Anis A. Khan and SME Foundation Managing Director (In-charge) Md. Mujibur Rahman signed the agreement on behalf of their respective organisations at MTB Centre at Gulshan in Dhaka.

Rafi Ahmed Begh has been promoted to deputy managing director of Islami Bank Bangladesh, said a press release.

A graduate of Chittagong University, Rafi started his banking career at Sonali Bank in 1978. He then joined Islami Bank in 1985 as a senior officer. 

He is also a diplomat associate of Institute of Bankers’ Bangladesh. 

M. Wahidul Haque, Chairman of AB Bank Limited, inaugurates AB Exchange (UK) Limited at 69 Whitechapel High Street in London on Saturday.

AB Bank Limited, Bangladesh has re-opened its representative office styled AB Bank (UK Representative Office) Limited at 69 Whitechapel High Street in London on Saturday.

AB Bank (UK Representative Office) will be engaged in promotion of foreign trade, other non-funding trade activities.

Besides, it will carry out public relation work with individuals, companies or corporate bodies and banks and contact to potential investors to invest in the UK and Bangladesh.

Generally, the representative office will have a contact point and one-stop service in London to inform customers.

Moreover, this office shall be engaged in marketing and selling Bangladesh Government bonds such as Wage Earners Development Bond, US Dollar Premium Bonds, US Dollar Investment Bonds abroad.

M. Wahidul Haque, Chairman of AB Bank Limited inaugurated AB Exchange (UK) Limited.

Syed Afzal H Uddin, Director of AB Bank Limited & AB Exchange (UK) Ltd, Abu Hena Mustafa Kamal, Head of Financial Institutions and Treasury, Mahadev Sarker Sumon, Company Secretary and officials of the bank attended the function.