Banking
New BKB branch in Tangail
Jute Minister Abdul Latif Siddiqui inaugurates a new branch of Krishi Bank at Mogra Bazar in Tangail recently.
Bangladesh Krishi Bank (BKB) has opened its 980th branch at Mogra Bazar in Tangail recently.
Abdul Latif Siddiqui, MP, Minister for Jute and Textile formally inaugurated the branch as chief guest, said a press release.
The Daily Sun/Bangladesh/ 29th Feb 2012
UCBL opens branch in Ctg
M Shahjahan Bhuiyan, Managing Director of UCBL, inaugurates a new branch of the Bank at Halishahar in Chittagong yesterday.
United Commercial Bank Limited (UCBL) has opened its 117th branch at Halishahar in Chittagong yesterday.
Saifuzzaman Chowdh- ury, Director, United Commercial Bank and M Shahjahan Bhuiyan, Managing Director of the Bank were present at the ceremony as chief guest and special guest respectively, said a press release.
Shafiqul Alam, AMD, Deputy Managing Directors Mirza Mahmud Rafiqur Rahman and Md. Shahed Jalal Chowdhury attended the function. Among others, members of board of directors Haji MA Kalam, Bazal Ahmed, Nur Uddin Javed, Shabbir Ahmed and Setara Begum were also present.
The Daily Sun/Bangladesh/ 29th Feb 2012
IBBL disburses Tk 27.9m agri loan in Gaibandha
Islami Bank Bangladesh Limited (IBBL) has disbursed Taka 27.9 million as agriculture loan among the entrepreneurs and the farmers in the district during seven months of the current fiscal.
Of the total loan, Tk 600,000 was distributed for boro paddy and potato cultivation, Tk 600,000 for fish culture, Tk 14.20 million and Taka 12.50 million for the establishment of agro-based industries and dairy and poultry farms respectively, Bank sources said.
The objective of the loan disbursement was to inspire the entrepreneurs and the farmers boost production for achieving country's food security and create working opportunities through establishing agro-base industries in rural areas of the district.
Besides, the Bank has taken up a plan to disburse Tk 6 million as agriculture loan to the 200 farmers of the district in a bid to inspire them for maize cultivation during the current season.
Over Tk 3 million has already been distributed to the farmers till February 25 for maize cultivation and the rest amount will be disbursed within short time.
While talking to this correspondent, assistant vice president and Gaibandha branch manager of IBBL M Anwarul Haque said: 'We are getting much response from the farmers and the entrepreneurs for bank loan at a minimum interest rate'.
Apart from this, the Bank also distributed micro-credit of Tk 74.4 million at 10 percent interest to 3,500 marginal people of the district during the current fiscal, he added.
The Daily Sun/Bangladesh/ 29th Feb 2012
Mercantile Bank inks deal on IT platform
A K M Shahidul Haque, Managing Director and CEO of Mercantile Bank Limited, Shahzaman Mozumder (Bir Protik), Chief Executive Officer of Thakral Information systems Pvt. Ltd, Jalaluddin Ahmed Yeamin, Managing Director of Everest International Limited, Momluk Sabir Ahmed, Managing Director and CEO of Computer Services Limited and Hussein Shaheed Feroz, Director of Flora Limited signed the agreement on behalf of their companies.
Mercantile Bank Limited signed an agreement recently at a local hotel with Thakral Information System Pvt. Ltd., Everest International Limited, Computer Services Limited and Flora Limited to build up IT-infrastructure for providing modern technological banking services to its valued customers.
Under this agreement Bank will procure IBM Servers, Oracle Database, Data Center and Disaster Recovery Site, External Disk Storage-EMC and secured Network to extend modern banking facilities to all segments of customers.
Mr. A K M Shahidul Haque, Managing Director and CEO of Mercantile Bank Limited, Mr. Shahzaman Mozumder (Bir Protik), Chief Executive Officer of Thankral Information systems Pvt. Ltd., Mr. Jalaluddin Ahmed Yeamin, Managing Director of Everest International Limited, Mr. Momluk Sabir Ahmed, Managing Director and CEO of Computer Services Limited and Mr. Hussein Shaheed Feroz, Director of Flora Limited signed the agreement on behalf of their organizations.
Deputy Managing Directors of Mercantile Bank Limited and high officials of the respective organizations were also present on this occasion.
Financial Express/Bangladesh/ 28th Feb 2012
The Annual Business Conference of Prime Bank Limited was held recently at a city hotel in Dhaka.
The Annual Business Conference of Prime Bank Limited was held recently at a city hotel in Dhaka. Best Performing Managers-one from each cluster of the Bank were awarded in the conference. In the picture, the best manager of Cluster-2, Head of Banani Branch SEVP Md. Tabarak Hossain Bhuiyan seen receiving award from the former Vice Chairperson of the Bank Marina Yasmin Chowdhury. Chairman of the Board of Directors Md. Shirajul Islam Mollah, Former Chairmen of the Bank Azam J Chowdhury and Quazi Sirazul Islam and Managing Director Md. Ehsan Khasru were present.
Financial Express/Bangladesh/ 28th Feb 2012