Trust Bank celebrates its financing for 1,000 biogas plants at Radisson Blu Water Garden Hotel in Dhaka yesterday

Trust Bank plans to finance 5,000 biogas plants by 2015 to boost green banking activities, the bank's top official said yesterday.

“We should emphasise green banking activities for the sake of environment,” said General Iqbal Karim Bhuiyan, chairman of Trust Bank, a leader in green bank financing.

The bank, which came in first for green financing in 2012, plans to finance the biogas plants to supply clean fuel across the rural homesteads, said Bhuiyan, also the chief of army staff.

The plans were disclosed at a programme, held to celebrate the bank's financing for 1,000 biogas plants, at Radisson Blu Water Garden Hotel in Dhaka.

“Bangladesh could be the first green country in the world if we could set up 40 lakh biogas plants,” said Mozammel Haque, chairman of Enterprise Development Company.

Environment and Forests Minister Hasan Mahmud echoed the army chief's views, urging all commercial banks to increase their green banking activities, at least for the sake of the future generation.

“Our tensions over the environment will be reduced if we could establish at least one biogas plant at every village of Bangladesh,” said Mahmud.

Bangladesh Bank Governor Atiur Rahman said green banking would ensure a sustainable development path for Bangladesh.

“The central bank will set an agriculture financing limit for all foreign commercial banks to gear up green banking activities,” Rahman said, while praising the green actions of Dutch-Bangla Bank, Eastern Bank, Mutual Trust Bank, HSBC and The Daily Star.

Trust Bank awarded Saleha Begum and Sabur Mia as the most environment-friendly male and female farmers respectively at the event, while Riya Chowdhury was felicitated as the most environment friendly entrepreneur.

They took loans from Trust Bank to set up biogas plants.

Kazi Faqrul Islam, Managing Director of BASIC Bank Limited and Muzaffar Ahmed, President and CEO of Credit Rating Information and Services Limited (CRISL), exchange documents after signing a MoU in Dhaka Thursday.

Dutch-Bangla Bank Limited (DBBL) signed an agreement with Criss Cross Computers (CCC) and Shahjalal University of Science & Technology (SUST) for collecting student fee in Dhaka Saturday.

As per the agreement, DBBL will collect fee from students through using DBBL Internet Payment Gateway like DBBL Nexus Debit Card, MasterCard and Visa cards.

Md Ishfaqul Hussain, Registrar of Shahjalal University of Science and Technology, Imtiaz Uddin Ahmed, Proprietor of Criss Cross Computers and Md Kamruzzaman, Head of Personal Banking Division of DBBL, signed an agreement on behalf of their respective organisations.

Prof Dr. Md Saleh Uddin, Vice Chancellor, Prof Dr. Md Elias Uddin Biswas, Treasurer, Prof Dr. Md Zafar Iqbal, Head of Department of CSE and Prof Dr. Yasmeen Haque, Head of Department of Physics of Shahjalal University of Science and Technology, and KS Tabrez, MD and Abul Kashem Md Shirin, DMD of DBBL and Executives from the respective organisations attended the signing ceremony. 

FBCCI President Kazi Akram Uddin Ahmed presides over a meeting of the DSE coordination committee in Dhaka Thursday.

DSE President Rakibur Rahman urged the Sharia-based Islamic banks to make more investment in the capital market.

The DSE president made the call Thursday during a meeting with the high officials of Islami Bank Bangladesh Ltd (IBBL) in the city, said a press release.

Ahmed Rashid Laly, senior vice-president, Md Shahjahan, vice president, Shuvra Kanti Chowdhury, chief executive officer of DSE, Prof Abu Naser Mohammad Abdus Zaher, chairman, Mohammad Abdul Mannan, managing director, Eng Iskander Ali Khan, chairman of executive committee of Islami Bank Bangladesh Limited, were present at the meeting.

FBCCI President Kazi Akram Uddin Ahmed, also the chief of coordination committee of DSE, presided over the meeting.

The meting discussed issues related to increase investments of the sha’ria-based banks in the stock market and formation of a committee to introduce new sha’ria index.

Syed Mahbubur Rahman, chief executive officer of BRAC Bank Ltd, hands remittance to Selina Akhtar, a client, to formally inaugurate the bank's remittance payment service at Kapasia SME Unit Office in Gazipur yesterday. 

Rural customers can now receive remittance on their doorsteps as BRAC Bank yesterday launched remittance payment services at its SME unit offices across the country.

Initially, the services will be available in 21 SME unit offices and will be expanded to 397 offices across the country gradually, the bank said in a statement yesterday.

The bank said expatriate Bangladeshis will now see their hard-earned money safely

reaching pockets of their near and dear ones in Bangladesh with best possible convenience within their proximity, according to the statement.

Syed Mahbubur Rahman, chief executive of the bank, inaugurated the services at Kapasia SME Unit Office in Gazipur.

“As the SME Bank, we have the largest network of SME offices at semi-urban and rural areas. Now the SME offices will provide remittance services for convenience of rural people,” he said.

"This will help rural customers to receive remittance in a faster and secure way.”

The banker thanked Bangladesh Bank for permitting

the pro-people service, which will facilitate financial inclusion of un-banked people in rural Bangladesh.

With 155 branches, 500 BRAC BDP points, bKash touchpoints, 15 EL DORADO member bank network, the launching of remittance payment service at SME offices will make BRAC Bank as one of the largest remittance delivery networks in Bangladesh, said Rahman.

Abdur Rahman, head of SME banking, Zeeshan Kingshuk Huq, head of communication and service quality and Shaheen Iqbal, acting head of treasury and financial institutions and expatriate banking, were present.

Mufti Mawlana Abdur Rahman, Chairman of Shariah Supervisory Committee of Bank Asia, presides over a meeting in Dhaka recently.

The 1st meeting of Bank Asia Shariah Supervisory Committee was held at Gulshan in Dhaka recently.

Mufti Mawlana Abdur Rahman, Chairman of the committee of the bank, presided over the meeting, said a press release.

Mohammed Lakiotullah, Vice Chairman and Md Mahmud Husain, President and Managing Director of the bank, attended the meeting.

The committee approved the Shariah Inspection Report conducted on overall Islamic banking activities of the bank in 2012 and expressed their satisfaction on the operating result of bank’s Islamic banking activities observing its financial report for the last year.