Changyong Rhee, Secretary General of the Presidential Committee for the G-20 Summit of the Republic of Korea, has been appointed the Asian Development Bank’s (ADB) new Chief Economist. Rhee, a Korean national, was the Vice-Chairman of the Financial Services Commission as well as chairman of the S...

The 127th meeting of the board of directors of Shahjalal Islami Bank Limited (SJIBL) was held at its head office in the city recently. Mohammad Solaiman, chairman of the board of directors of SJIBL, presided over the meeting, said a press release. The meeting approved a number of investment prop...

Mutual Trust Bank Ltd (MTB) has launched its subsidiary ‘MTB Exchange (UK) Ltd.’ in the United Kingdom recently. Syed Manzur Elahi, former advisor to a caretaker government, founding chairman of Mutual Trust Bank Ltd, inaugurated the enterprise at a gala ceremony held at Water-lily Business Cent...

The branch managers’ conference-2011 of Chittagong region of Pubali Bank Limited was held at Chittagong LGED Building, recently. Managing director Helal Ahmed Chowdhury was present as the chief guest. Deputy managing director MA Halim Chowdhury presided over the conference, said a press release.

Anwarul Latif has been appointed as Deputy Director of the Premier Bank Limited recently. He is highly successful and deserving banker with a vast experience of working in number international banks in the country. Prior to taking up the new assignments, he was Senior Exeutive Vice President & ...

Mohammed Nurul Amin has been reappointed as Managing Director and CEO of the NCC Bank Ltd for a period of another 3 years, says a press release. Mr. Amin, obtained his Graduation with Honours and Masters Degree in Economics in 1974 from the University of Dhaka and started his banking career as Se...

BRAC Bank Limited has opened two service booths at Hazrat Shahjalal International Airport (HSIA) on February 16, 2011 to provide remittance and other banking services to the outbound passengers with a special focus on Non-Resident Bangladeshis (NRBs). It shows the fastest growing bank's continuou...

The small and medium enterprises (SME) sector that generates bulk of the employment in a developing country like Bangladesh plays a major part in alleviation of poverty, and the success story of the country will be authored by its small and medium entrepreneurs, said Bangladesh Bank (BB) governor...

The 83rd meeting of the executive committee of the board of directors of Standard Bank Ltd. was held in the city recently. Harun Rashid Chowdhury, chairman of the executive committee of Standard Bank Ltd presided over the meeting. Kamal Mostafa Chowdhury, Muhammad Nurul Islam, Ferozur Rahman. S.A...

Finance Minister AMA Muhith yesterday condemned the activities of the merchant banks in the share market and said that they have no moral rights to go for forced selling. “The country presently has no law to restrict them for doing so, although, I dislike forced selling by the merchant banks the ...