Dhaka Bank Ltd, a private commercial bank, has launched a package for Hajj pilgrims and agents on Sunday.

Under the package, the bank introduced “Travelers’ Cheque” and “Hajj Card”, by which, the Hajj prilgrims and agents can draw money from any bank in Saudi Arabia.

Managing Director of DBL, Khondoker Fazle Rashid, AMD Niaz Habib, Asst MDs Niaz Mohammad Khan and Sazzad Hossain, Hajj Agents Amir Hossain Salam and Sheikh Mohammad Abdullah attended the ceremony at a hotel in Dhaka.

News: Daily Sun/Bangladesh/17-Sep-12

Southeast Bank has inaugurated cash remittance service through Point of Sale (POS) devices, said a press release.

Southeast Bank will provide the service through the branches of Society for Social Services (SSS), a local NGO.

The cash remittance service is provided by an international remittance apex body styled Continental Exchange Solution (RIA).

News: Daily Sun/Bangladesh/17-Sep-12

Prime Bank Limited, as part of its Corporate Social Responsibility (CSR), distributed stipends to some meritorious students. Prime Bank Foundation organised the programme titled 'Education Support Programme' at the LGED Auditorium in Dhaka Saturday, said a press release Sunday.

Professor Wahiduddin Mahmud, eminent economist of the country was present as chief guest. Shitangshu Kumar Sur Chowdhury, Deputy Governor of Bangladesh Bank and Professor Jamilur Reza Choudhury, renowned educationalist also attended.

News: Daily Sun/Bangladesh/17-Sep-12

Pubali Bank Limited (PBL) arranged a day-long training programme on "Internet Banking, Remittances, CIB Reporting and Customer Registration" at its head office recently.

The training programme was organised by technology division of the bank, said a press release.

News: Daily Sun/Bangladesh/17-Sep-12

Standard Chartered Bank (SCB) will provide $60 million foreign currency facility to Agrani Bank to support its trade financing activities.

To this effect, Standard Chartered Bank recently signed an agreement with Agrani Bank Limited.

SCB is providing such financing facility, the first-ever structured foreign currency facility extended to a state-owned bank in Bangladesh, considering that the foreign currency facility will support country's overall growth in trade financing, said a press release.

Jim McCabe, CEO of Standard Chartered Bangladesh and Abrar Anwar, Managing Director, Head of Origination and Client Coverage, Bangladesh, and Dr. Khondoker Bazlul Hoque Haq, Chairman of Agrani Bank, Syed Abdul Hamid, Managing Director and CEO of Agrani Bank Limited attended the function.

Ranjan Ghosh, Global Head of Banks, Vinod Aachi, Global Head for Regional Financial Markets on behalf of Standard Chartered were also present.

Jim McCabe, CEO of Standard Chartered Bangladesh said “I’m really glad that we have yet again set a first of its kind example in Bangladesh through this deal. This is the first foreign currency funding transaction to a bank in Bangladesh from Standard Chartered headquarters and we hope to give more support to Bangladesh banking sector considering the growth potential.”

Dr. Khondoker Bazlul Hoque, Chairman of Agrani Bank said, “This has opened a new avenue where we are being able to bring foreign currency to Bangladesh to support the growing financial sector in the country.

News: Daily Sun/Bangladesh/17-Sep-12