Banking
Southeast Bank opens branch in Keraniganj
Md. Akikur Rahman, Director of Southeast Bank Limited inaugurates the 93rd branch of the bank at Hasnabad in Keraniganj recently.
Southeast Bank Limited opened its 93rd branch at Hasnabad in Keraniganj recently.
Md. Akikur Rahman, director of the bank formally inaugurated the branch as chief guest, said a press release Wednesday.
Syed Shahid Ali, sponsor director of the bank, Shahid Hossain, Additional Managing Director, Mohammad Jamil Akhtar, Head of Hasnabad Branch,
renowned businessmen, industrialists, customers, educationists, and local elites were present.
The new branch of the bank, from now on, will provide all modern commercial banking services to the customers in the area through this branch.
Besides, the hard-earned money of the Bangladeshi expatriates working abroad shall be handed over speedily to their beneficiaries at a competitive exchange rate.
Nat’l payment switch to be launched Dec 27
AKM Zamir Uddin
Bangladesh Bank will introduce the National Payment Switch Bangladesh tomorrow in a bid to monitor and regulate all electronic and internet-based transactions of the scheduled banks through a common platform, said central bank officials.
BB executive director Dasgupta Asim Kumar told New Age on Tuesday that the central bank governor Atiur Rahman would inaugurate the NPSB while senior executives of all banks would attend the programme at the BB headquarters.
He said that Southeast Bank and Pubali Bank had already confirmed the BB that the two banks would be the first to include their services with the NPSB.
He said the other banks would incorporate into the NPSB within 2-3 months.
Another BB official said that the central bank would initially bring the automated teller machine transaction under its NPSB so that the clients would be able to transact the card-based payment at a lower cost, he said.
The internet banking, mobile banking, kiosk and point-on-sale along will gradually be brought under the NPSB, he said.
The BB is likely to set a lower charge rate at a range between Tk 10 and Tk 15 for each inter-bank transaction through ATM of any commercial bank under its NPSB.
Most of the commercial banks now impose charges ranging from Tk 35 to Tk 75 for one-time of inter-bank transaction through ATM booths which the BB considers are too high, the official said.
Around 36 banks are now maintaining the ATM transaction and four payment system operators are playing role for settling the transaction. The PSOs are — DBBL, Q-Cash, CashLink and Omnibus, he said.
For this reason, banks impose different charge for inter-bank transaction through ATM, he said.
After implementation of the NPSB, the BB will control the whole ATM transaction of the banking sector instead of PSOs, he said.
He said that the 15 banks and the two PSOs had earlier agreed to join with the NPSB at the first stage, but they failed to keep the commitment due to a lack of preparation except Southeast Bank and Pubali Bank.
Under the NPSB, the clients will initially be able to withdraw their cash, to inquire their account balance and to get mini statement from the ATM booths.
All the banks will gradually participate with the NPSB.
A BB circular on Monday said that the required hardware and the standard software had already been installed at the Data Centre and Disaster Recovery site of the BB in a bid to implement the NPSB.
The BB circular said that the scheduled banks would have to complete their preparations within the shortest possible of time to be incorporated into the NPSB.
In the programme, the BB has spent $5 million supported from the World Bank under the central bank strengthening project. As per condition of the World Bank, the BB will have to complete the setting process of NPSB within December 31, 2012.
As part of the move, the BB has recently issued the bank identification numbers for local proprietary cards of 36 banks, the post office and non-bank financial institution Lanka-Bangla Finance Ltd.
News:New Age/Bangladesh/26-Dec-2012FSIBL okays Tk 5m for its school
First Security Islami Bank board of directors approved Tk 5 million under corporate social responsibility of establishing First Security Islami Bank School at Patiya in Chittagong.
In this connection, a programme was held at Hotel Purbani International in the capital recently, said a news release.
Bangladesh Bank governor Atiur Rahman was present in the programme as chief guest.
BB deputy governor SK Shur Chowdhury, FSIBL managing director AAM Zakaria, deputy managing directors Md Abdul Quddus, Syed Waseque Md Ali were present on the occasion.
The FSIBL always extended their assistance for the distressed community in education, health and various natural calamities as a part of CSR.
The Bank contributes almost 5 per cent of its operational profit to the project, the release added.
News:New Age/Bangladesh/26-Dec-2012Shahjalal Islami Bank opens branch at Dhonia
Shahjalal Islami Bank Limited (SJIBL) opened its 83rd Branch at Dhonia on 24 December 2012. The Chairman of the bank Alhaj Anwer Hossain Khan formally inaugurated the Branch as Chief Guest.
Directors of the Bank Alhaj Syed Nurul Arefeen, Alhaj Mohammad Hasan, Alhaj Abdul Barek,
Managing Director Md. Abdur Rahman Sarker, and Deputy Managing Director Md Abdul Jabber Chowdhury were present in the Occasion.
In his speech, Anwer Hossain Khan said that Shahjalal Islami Bank was trying best for presenting modern banking services to clients. For this consequences SJIBL inaugurated a new branch at Donia.
SJIBL wants to be a business partner in this area's economic development by investing in business and industrial sector.
Managing Director Md Abdur Rahman Sarker said the bank has a group of skilled and dexterous employees besides modern technology based services.
The number of SJIBL clients is increasing rapidly for its employee's dexteriority and cordial services. At present this bank earned a stable position in banking sector.
News:The New Nation Bangladesh/26-Dec-2012Southeast Bank launches VISA Platinum Cards
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Alamgir Kabir, FCA, Chairman of Southeast Bank Limited, inaugurates VISA Platinum Credit Card, at a function in Dhaka Monday.
Southeast Bank Limited launched VISA Platinum Credit Card in Dhaka Monday.
Alamgir Kabir, FCA, Chairman of the bank, formally inaugurated the new product, said a press release.
Ragib Ali, Vice-Chairman, MA Kashem, Jusna Ara Kashem, Azim Uddin Ahmed, Duluma Ahmed, Md. Akikur Rahman, Sirat Monira,
Dr. Zaidi Sattar and AHM Moazzem Hossain, Directors,
Zakir Ahmed Khan, Advisor, Mahbubul Alam, MD, Md Gofran and Md Shahjahan, AMD of the bank were present.
News:Daily Sun Bangladesh/26-Dec-2012