AAM Zakaria, Managing Director of First Security Islami Bank, inaugurates the Kumira branch of the bank in Chittagong Tuesday.

News: The Daily Sun/Bangladesh/3rd-Oct-12

Bangladesh Bank (BB) is opening a new branch in Mymensingh to strengthen its supervisory framework for the branches of state-owned and private commercial banks within Mymensingh and five other neighboring districts.

The new BB branch will supervise the banking activities in Mymensingh, Jamalpur, Netrokona, Sherpur, Tangail and Kishoreganj.

The central bank has been operating its supervision and monitoring activities in the aforesaid districts by sending teams from Dhaka, which is time consuming to acquire the real scenario of disbursement of farm-loans and SME credits by the commercial banks, sources said.

The BB finalised the decision of opening the new branch last month by obtaining approval of its board of directors.

The Mymensingh branch would start its operation with six departments including department of banking inspections, vigilance, off-site department, agriculture, SME and special services.

With the new branch, the number of BB’s branches would stand at 10. Existing BB branches are located at Motijheel and Sadarghat in Dhaka and one each in Sylhet, Chittagong, Rajshahi, Rangpur, Khulna, Bogra and Barisal.

Sources said BB Governor Atiur Rahman has already directed the bank’s human resource department to get new officials on board for meeting the additional manpower requirement after opening the new branch.

“Initially, the branch activities will be in a ‘limited form’ due to manpower shortage. Once the recruitment is completed, the branch will go into full-fledged operations,” said the source.

During a recent conference at BB headquarters, the governor asked the general managers of the central bank to accelerate supervisory activities on commercial banks to prevent Hallmark-like loan-forgery in future.

In the conference, general manager of Department of Banking Inspection (DBI-1) Dr Abul Kalam Azad presented a fresh policy guideline to sketch the supervisory plans afresh by adopting new paths.

News: The Daily Sun/Bangladesh/3rd-Oct-12

SA Chowdhury, CEO and Managing Director of Bangladesh Commerce Bank Limited inaugurates a branch of the Bank in Dinajpur recently.

The 34th branch of Bangladesh Commerce Bank Limited (BCBL) was opened at Dinajpur recently.

SA Chowdhury, CEO and Managing Director of the Bank inaugurated the branch as chief guest, said a press release.

Dr. Muhammad Asaduzzaman, Deputy Managing Director of the Bank was present on the occasion as special guest.

News: The Daily Sun/Bangladesh/20-Sep-12

Sheikh Abdul Hai Bacchu, Chairman of BASIC Bank, inaugurates the 54th branch of the Bank in Natore Monday.

BASIC Bank Limited opened its 54th branch with online facilities at Natore Monday.

Sheikh Abdul Hai Bacchu, Chairman of BASIC Bank inaugurated the branch, said a press release.

The inaugural function was chaired by Kazi Fakrul Islam while Prof Dr Kazi Akhtar Hossain, member, board of directors of the Bank was present as special guest.

Md Anowal Islam, fcma, member of board of directors of BASIC Bank, Md Shafiqul Islam Shimul, Natore Upazila Chairman, Saifuzzaman Faruquee, Additional Police Super, Natore and Sirajul Islam Maznu, a local businessman were present at the function.

Besides, Sheikh Manjur Morshed, Additional Managing Director and Konok Kumar Purakayasta, Deputy Managing Director of the Bank were also present.

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

Sheikh Abdul Hai Bacchu, Chairman of BASIC Bank, inaugurates the 53th branch of the Bank in Chapainawabganj Sunday.

BASIC Bank Limited opened its 53th branch in Chaipainawabganj Sunday aiming to reach the banking services to the doorstep of the common people.

Sheikh Abdul Hai Bacchu, Chairman of BASIC Bank, inaugurated the branch, said a press release. The inaugural function was chaired by Kazi Fakrul Islam while Md Mainuddin Mandol, general secretary of District Awami League of C’Nawabganj was present.

News: The Daily Sun/Bangladesh/11-Sep-12