NBL Money Transfer (Maldives) Pvt Ltd, a subsidiary exchange company of National Bank Limited, was inaugurated at Male, Maldives recently.
Parveen Haque Sikder, chairperson of executive committee of board of directors of NBL attended the inaugural ceremony as the chief guest, said a press release.
Alhaj Khalilur Rahman, Prof Mahbub Ahmed, directors of NBL and Lisa Fatema Haque, director of NBL Money Transfer, Greece and UK were present as special guests.
Neaz Ahmed, managing director of NBL presided over the inaugural ceremony where Shamsul Huda Khan, deputy managing director of NBL moderated the function.
A large number of Bangladeshi expatriates living in Maldives attended the inaugural function.
The Daily Sun/Bangladesh/ 4th Jan 2012
Commercial Bank of Ceylon Ltd will create a scholarship fund for 30 poor but meritorious students of the city’s Notre Dame College as part of its corporate social responsibility (CSR).
S Prabagar, country manager of Commercial Bank of Ceylon in Bangladesh, recently handed over a cheque to the principal of the college for the fund, said a press release.
The Daily Sun/ Bangladesh/ 17th Dec 2011
BRAC Bank has launched a special credit card for online foreign exchange payment for specific business purposes such as domain purchase, server hosting and software licence purchase for IT businesspeople.
The 'BASIS-BRAC Bank co-branded credit card' will be issued only to the members of Bangladesh Association of Software and Information Services (BASIS). The VISA card was launched yesterday at Sonargaon Hotel.
One card would be issued for one BASIS member company and would be used only for the specified type of foreign payment.
Launching the card, Bangladesh Bank Governor Atiur Rahman said, this type of co-branded card would be a model product for other banks to offer. BRAC Bank has come forward with new products that are supported by the central bank, he said.
The governor hoped to offer similar type of credit cards for the individuals who export software. A generic guideline has already been drafted by the central bank. Now the banks should go for international domain agreement, the governor said.
Rahman said a local bank has already offered international virtual credit cards for students who want to pay foreign educational institutions' fees online. He requested BASIS to come forward to use the idle Tk 500 crore lying in the name of Equity and Entrepreneurship Fund (EEF) at the Bangladesh Bank for IT related entrepreneurship.
The agriculture sector was able to use the EEF fund, but the IT sector is yet to take benefit of the fund, he said.
Mahboob Zaman, president of BASIS, said bad days are coming, as students do not seem interested in studying science subjects. Only 24 percent students showed interest to study science in higher education in recent years, which was 43 percent in 2000.
Zaman urged all concerned to organise campaigns to motivate students to study science and ICT subjects.
Syed Mahbubur Rahman, managing director of BRAC Bank, said his bank believes that people now opt for automated system for money transaction. He said BASIS members can get the co-branded card on payment of Tk 35,000 which was Tk15 lakh previously. BRAC Bank will introduce electronic commerce platform for BASIS members soon, he said.
AKM Fahim Mashroor, senior vice-president of BASIS, urged the quarters concerned to extend long-term loans for the students of IT.
News: The Daily Star/ Bangladesh/ July-06-2011
BRAC Bank will introduce mobile banking service using cell phone as a tool to extend its services to the doors of the people.
The bank authority has unveiled the initiative at a press conference on the occasion of the bank’s 10th founding anniversary at Dhaka Reporters Unity yesterday, said a press release.
BRAC Bank Managing Director and CEO Syed Mahbubur Rahman, Deputy Managing Director Mohammad Mamdudur Rashid and Head of Corporate Affairs Zeeshan Kingshuk Huq, among others, were present on the occasion.
The bank will provide the banking service using coded VSAT technology platform through Bikash, a joint venture of the bank and US-based Money in Motion, speakers told journalists.
Syed Mahbubur Rahman hopped that the ‘Bikash’ will change the traditional banking process.
“When the mobile baking will be launched the customers will not come to the bank; instead the bank will go to doors of the customers,” he added.
News: Daily Sun/ Bangladesh/ July-03-2011
National Credit and Commerce (NCC) Bank Ltd opened two ATM booths in the city’s Pragati Sarani area and Narayangonj town on Wednesday to provide enhanced banking services to its customers.
At the ATM booths, the bank’s customers will get various banking services including 24-hour cash withdrawal, balance inquiry, utility bill payment, mini statement and pin change facilities from the booths with free of charge, said a press release.
Md Nurun Newaz, chairman of the bank, formally inaugurated the booths as chief guest.
The bank’s Managing Director and CEO Mohammed Nurul Amin, Deputy Managing Director TM Faruque Chowdhury, Executive Vice President Md Omar Faruque Bhuiyan, Senior Vice President Fakhrul Islam Chowdhury, among others, were present on the occasion.
News: Daily Sun/ Bangladesh/ July-02-2011