The Extra-ordinary Gene- ral Meeting of United Commercial Bank Ltd was held at Bashundhara Conference Centre, Dhaka on Sunday. Chairman of the bank M A Hashem presided over the meeting, said a press release. The shareholders present at the meeting approved the proposal of raising paid up capita...

BRAC Bank on Sunday signed an agreement with Probhu Money Transfer of USA on transferring remittances to Bangladesh sent by non-resident Bangla-deshis (NRBs). Devi Prakash Bhatta-chan, Chairman and President of Probhu Money Transfer and Khwaja Shahriar, Head of Cash Management, Custo-dial Servic...

Southeast Bank Limited expanded its branchnetwork further by opening its 63rd Branch at Oxygen Moore, Chittagong. Dr. Zaidi Sattar, Director of the Southeast Bank Limited formally inaugurated the Branch as Chief Guest. In the inaugural ceremony, among others Shahid Hossain, Deputy Managing Dir...

Mr. Mohammad Abdullah has assumed the Office of the Managing Director of IFIC Bank Limited with effect from 1st December, 2010. Prior to this assignment, he was the Deputy Managing Director of the Bank. Mr. Abdullah has 37 years of banking experience to his credit. He started his career w...

Mutual Trust Bank Ltd. (MTB) has recently launched four (4) new retail loan products viz., Personal loan, Auto Loan, Home Loan and Home Equity Loan for individual customers. Anis A. Khan, MTB Managing Director & CEO, launched the new MTB products at a simple ceremony held on December 2, 2010 ...

Eastern Bank Limited (EBL) has signed an agreement recently with Comlink Infotech Limited regarding Mobile Banking. Through this agreement Comlink Infotech will help to upgrade EBL with the Mobile Banking and Payment Gateway services. Managing  Director and Chief Executive of EBL Mr. Ali Rez...

Shahjalal Islami Bank Limited has launched their 54th branch of SME or Agri branch activity recently in Valuka of Mymensing. Director and Ex-Chariman of the bank Mr. Akkas Uddin Mollah has inaugurated the bracnh as a chief guest. Mr. Mukhtar Hossen, Managing Director of the bank chaired the inaug...

Two different agreements regarding mobile banking and e-commerce have been signed between Dutch-Bangla Bank Limited (DBBL) and mobile phone operator Pacific Bangladesh Limited (CityCell). Chief Executive Officer (CEO) of CityCell Mr. David Lee and Assistant Managing Director of DBBL Abul Kashem M...

Eastern Bank Limited (EBL) has recently launched their 7th priority lounge and 62nd ATM booth in Westin Hotel at Gulshan, Dhaka. EBL chair Mr. Mohammad Noor Ali inaugurated the session. Manging Director and Chief Executive Mr. Ali Reza Iftekhar, Deputy Managing Dierector Mr. Mokhlesur Rahman, Chi...

To avail of the Refinance Scheme under ADB Fund for SME sectors, a contract signing ceremony was held recently between Bangladesh Bank and AB Bank Limited. Mr. Md. Abul Kashem, Executive Director of Bangladesh Bank and Mr. Kaiser A. Chowdhury, President & Managing Director of AB Bank signed ...