A central bank spokesman has turned down the view that the economy is in bad shape, but admitted that increasing joblessness and low-inflow of remittances in the current fiscal year will remain major concerns.

All the field level activities of Rajshahi Krishi Unnayan Bank (RAKUB) should be more proactive, transparent and accountable for implementing its objectives properly.

Pubali Bank Limited (PBL) joined hands with Metal (Pvt) Limited (MPL) on supplying agricultural equipments to farmers. A memorandum of understanding (MOU) on supplying Tk 1 billion equipments was signed between PBL and MPL at Pubali Bank’s head office in the city recently.

Uttara Bank Limited shifted its Magura Branch to a new office. Shaikh Abdul Aziz, Managing Director and CEO of the bank inaugurated the new office at MR Road of the district town recently.

The Securities and Exchange Commission (SEC) yesterday sought help of the central bank to rescue the stockmarket, which has been on a downswing since December last year.

Bangladesh Bank Governor Dr. Atiur Rahman yesterday asked the commercial banks to constitute a special humanitarian fund under their corporate social responsibility (CSR) initiatives to help build a caring society.

United Commercial Bank Limited (UCBL) and Bangladesh Steel Re-Rolling Mills Limited (BSRM) signed a term sheet for arranging syndicate term loan yesterday.

The 60th ATM booth of Prime Bank Limited was opened at the corporate office at Gulshan Avenue. Tanjil Chowdhury, vice chairman of the executive committee of the bank, on Tuesday inaugurated the booth as chief guest, said a press release.

Eastern Bank Ltd (EBL) has opened its 94th ATM booth at Farmgate in the city yesterday. Muklesur Rahman, deputy managing director of EBL, inaugurated the ATM, said a press release.

Bangladesh Krishi bank disbursed Tk 954.36 crore as loans in Khulna Division in the 2010-2011 fiscal year to boost the rural economy and generate employment through enhancing agricultural and non- agricultural production in the region.