The 17th foundation course of the officers and assistant officers of BASIC Bank Limited was ended at the bank’s training institute in Dhaka recently.

Kazi Faqurul Islam, Managing Director of the bank was present as chief guest at the closing ceremony, said a press release.

M Kamran Hamid, Principal and Deputy General Manager of the bank, Asoke Bandhu Das, vice-principal of the academy were present at the function.

Some 38 officers participated in the training course.

Md Yunus Ali has joined Social Islami Bank Limited (SIBL) as Deputy Managing Director (DMD).

Prior to his new assignment, Yunus was the Senior Executive Vice President and Head of CRMD of Jamuna Bank Limited.

He completed his post-graduate in commerce from Rajshahi University. He started his banking career as probationary officer in Janata Bank Limited in 1977.

He worked as Deputy General Manager (DGM) and Chief Executive in Janata Bank UAE branches in Abu Dhabi and General Manager of Sonali Bank Limited.

Muhammed Ali, Managing Director of UCB, and Amjadul Ferdous Chowdhury, Managing Director of Imperial Hospital Limited, exchange documents after signing an agreement in Dhaka Tuesday.

United Commercial Bank Limited (UCBL) will raise a syndicated term loan to the tune of Tk 200 crore and a private equity of Tk 50 crore for Imperial Hospital Limited, Chittagong for setting up a 353-bed hospital in Chittagong Tuesday.

To this effect, Imperial Hospital Limited, Chittagong signed an agreement with UCBL at UCBL Head Office in Dhaka on Tuesday.

Muhammed Ali, Managing Director of UCBL and Amjadul Ferdous Chowdhury, Managing Director of Imperial Hospital Limited signed the agreement on behalf of their respective organisations, said a press release.

Mirza Mahmud Rafiqur Rahman, Additional Managing Director, UCBL, Mohammad Abu Abdullah, Md. Tariqul Azam, and Mohammad Shawkat Jamil, Deputy Managing Directors, UCBL, ASM Arif,

Senior Vice President and Head of Structured Finance Division and Prof. Rabiul Husain, Chairman, Amjadul Ferdous Chowdhury,

Managing Director and Mohammad Nurul Alam, Consultant of Imperial Hospital Limited were also present.

Sonali Bank Limited and World Bank jointly inaugurated newly formed Reaching Out of School Children (ROSC) Disbursement Cell (Phase-2) at the bank's Foreign Exchange Corporate Branch in the city recently.

Hasan Iqbal, general manager of the bank and Dilip Parajuli, senior economist of Washington base World Bank, jointly inaugurated the cell.

 
Shiva Raj Lohani, consultant of World Bank, Seo Yeon Hong, consultant, Sharmin Yusuf, LGED system analyst and other senior officials were present on the occasion.

Syed Mahbubur Rahman, Managing Director and CEO of BRAC Bank, seen after receiving “The Asian Banker Leadership Achievement Award” for Bangladesh recently.

BRAC Bank has won the prestigious “The Best Managed Bank Award” for achievement in the period of 2011-2013.

Besides, Managing Director and CEO of the bank Syed Mahbubur Rahman has been accorded with “The Asian Banker Leadership Achievement Award” for Bangladesh, said a press release.

Syed Mahbubur Rahman formally received the awards at The Asian Banker Summit 2013 at Ritz Carlton Jakarta in Indonesia recently. The Asian Banker Leadership Achievement Award is widely acknowledged by the financial services industry as the highest possible accolade available to professionals in the industry as recognised in the Asia Pacific and Gulf regions.

The recognition is a special one as it is given only once in every three years for excellence in banking.

More than 1,000 senior bankers from 20 countries across the Asia Pacific region attended the Asian Banker Summit, which is Asia’s foremost event on transformational issues in the financial services industry.

The award is accorded through a completely independent evaluation by a panel of global leaders and subject matter experts as advisors.

Singapore-based The Asian Banker is regarded as one of Asia’s leading consultancies in financial services research, bench-marking and intelligence.

After receiving the award, Syed Mahbubur Rahman, said, “This is an honor for all of us, all 8,000 people at BRAC Bank. We consider this international recognition as impetus to reach new height.”

“We have set an example locally and globally in financial inclusion through SME Financing. While we continue to focus on SME Banking and maintain our leadership position, we will thrive for excellence in other areas too,” he added.