Bangladesh Bank (BB) has brought changes to  their principles of loan classification, provisioning and rescheduling for the fifth time, as per demands of businessmen.

 
In a press conference, Deputy Governor SK Sur Chowdhury made the disclosure on Wednesday afternoon.
According to the new policies, the minimum period of loan expiry has been raised to three months and six months.

A notification, issued by the central bank, said the first, second and third rescheduling of termed loans have been increased to three, two and one year respectively which was two, one and half, and one year previously.

Matiul Hasan, Deputy Managing Director (Business) of IFIC Bank, and Syeda Rownak Afza, Secretary of the Board of Trustees of Britannia University, exchange documents after signing an agreement at the bank’s head office in Dhaka recently.

IFIC Bank Limited signed an agreement with Britannia University on payroll banking facility at the head office of IFIC Bank at Rajuk Avenue in Dhaka recently.

Matiul Hasan, Deputy Managing Director (Business) of IFIC Bank and Syeda Rownak Afza, Secretary of the Board of Trustees of Britannia University signed the agreement on behalf of their respective sides, said a press release.

Md Badiul Alam, Additional Managing Director of National Bank Limited, speaks at a workshop at the bank's training institute in Dhaka recently.

The two-day training workshop on 'Leadership in Management Process' organised by National Bank Training Institute ended in the city recently.

Thirty-five managers and executives from different branches of the bank attended the training under Executive Development Program (EDP) of the bank, said a press release.

AKM Shafiqur Rahman, Deputy Managing Director of the bank inaugurated training course.

Md Badiul Alam, AMD of NBL distributed certificates amongst the participants in the concluding ceremony.

Alhajj ANM Yeahea, Director of Al-Arafah Islami Bank, inaugurates the branch at Borura in Comilla on Monday.

Al-Arafah Islami Bank Limited opened the 102nd branch at Borura in Comilla on Monday.

Alhajj ANM Yeahea, Director of the bank, inaugurated the branch as chief guest, said a press release.

Alhajj Abdul Malek Mollah, Director of the bank and Alhajj AZM Shamsul Alam, founder chairman of the bank, attended the function.

Ekramul Hoque, Managing Director of the Bank, Mahbubur Rahman Bhuyian, Ex-Member of Parlament, Syed Rezaul Hoque Rezu, Chairman of Bhobanipur Union Parishad, and Humayun Kabir Patwary, businessman, attended the occasion.

Md. Nurun Newaz Salim, Chairman of NCC Bank Limited, presides over the 28th AGM of the bank at Basundhara Convention Centre in Dhaka on Monday.

National Credit and Commerce Bank Limited has approved 10 percent dividend (bonus share) for its shareholders for the year 2012.

The announcement came at the bank’s 28th Annual General Meeting (AGM) at Basundhara Convention Centre in Dhaka on Monday.

Md. Nurun Newaz Salim, Chairman of NCC Bank presided over the meeting, said a press release.

Khairul Alam Chaklader, Vice Chairman, directors, sponsors, Mohammed Nurul Amin, Managing Director and a large number of shareholders of the bank were also present.

The AGM approved the directors’ report and audited accounts of the bank for the year ended on December 31, 2012.

While speaking, Md. Nurun Newaz Salim, Chairman of the company said deposits, advances, profits, foreign exchange business,

recovery of bad loans and advances and other fields of activities have recorded significant improvement of NCC Bank during the year 2012.

A large number of shareholders spoke on the occasion and made various suggestions for continued growth and better performance of the bank in the coming years.