DBBL holds workshop for officials

Posted by BankInfo on Mon, Feb 27 2012 09:27 am

Officials of the Dutch-Bangla Bank Limited is seen at a workshop on “Rationalised Input Templates for Banks” at the Bank’s training centre at Dilkusha in the city recently.

Dutch-Bangla Bank Limited (DBBL) has organised a workshop on “Rationalised Input Templates for Banks” for its officials.

KS Tabrez, managing director of the Bank, inaugurated the workshop at the Bank’s training centre at Dilkusha in the city recently, said a press release.

The main objective of the workshop was to familiarise the Bank officials with use of rationalised input templates for reporting of banking activities to Bangladesh Bank through the web portal.

The Daily Sun/Bangladesh/ 27th Feb 2012

Trust Bank opens branch in Kishoreganj

Posted by BankInfo on Mon, Feb 27 2012 09:19 am

General Md Abdul Mubeen, ndc, psc, chairman of Trust Bank Limited and Chief of Army Staff, inagurates a branch of the Bank at Teri Potti in Boro Bazar of Kishoreganj yesterday.

Trust Bank Limited has opened a new branch at Teri Potti, Boro Bazar, Kishoreganj on Sunday.

General Md Abdul Mubeen, ndc, psc, Chairman of Trust Bank Limited and Chief of Army Staff, inaugurated the branch as the chief guest, said a press release.

GOC and Area Commander of 19th Division, vice chairman and Adjutant General of Bangladesh Army, district commissioner of Kishoreganj, Zilla Porishad administrator, director of Trust Bank and high officials of the Bank and members of civil society were present.

The Daily Sun/Bangladesh/ 27th Feb 2012

Forex reserve may cross $10b this week: BB

Posted by BankInfo on Mon, Feb 27 2012 09:17 am

The foreign exchange reserve is rising with falling import costs and a better remittance inflow, according to the Bangladesh Bank (BB).

The forex reserve that stood at $9.96 billion yesterday may exceed $10 billion this week, said an official of the central bank.

Saidur Rahman, general manager of BB, attributed the continued reduction in import costs and healthy export growth to improvements in the forex market.

According to the BB, the country imported goods worth $17.82 billion during the first six months of the current fiscal, which is 16.91 percent higher than the same period a year ago.

M Akhtaruzzaman, economic adviser to the BB, said all financial institutions have been advised not to sanction loans for import of unnecessary and luxury items, which had a positive impact on the country's overall import.

The Daily Star/Bangladesh/ 27th Feb 2012

BB to launch 3 new notes on historic March 7

Posted by BankInfo on Mon, Feb 27 2012 09:13 am

Bangladesh Bank (BB) will introduce new bank notes of Tk 10, Tk 20 and Tk 50 denominations bearing the portrait of Bangabandhu Sheikh Mujibur Rahman, on historic March 7.

The new notes will carry the signature of BB Governor Atiur Rahman and will have synthetic fibres, a central bank press release said yesterday.

The notes will be initially issued from the BB's Motijheel office counters and later from its other offices and all commercial banks.

All the existing paper notes in circulation will also remain valid alongside the new notes.

The three new notes will have the portrait of Bangabandhu printed on their front and a photograph of the National Mausoleum on the background of the portrait.

However, the new Tk 10 notes will have Baitul Mukarram Mosque, the Tk 20 notes Shat Gombuj Mosque in Bagerhat, and Tk 50 notes Shilpacharya Jainul Abedin's famous painting “Ploughing” printed on their back.

The Daily Star/Bangladesh/ 27th Feb 2012

Women chamber chief wins IDB award

Posted by BankInfo on Mon, Feb 27 2012 09:05 am

Selima Ahmad, founder and president of Bangladesh Women Chamber of Commerce and Industry (BWCCI), won the Islamic Development Bank (IDB) Prize for women's contribution to development 2012.

Selima got the award for her leadership and ability to utilise financial networks to promote the development of women entrepreneurs in Bangladesh, BWCCI said in a statement yesterday.

The individual category prize, a cash award of $50,000 will be equally shared by Selima Ahmad and Seyedeh Fatimah Moghimi, founder and managing director of "Sadidbar", an international shipping transportation company in Iran.

Selima will receive the IDB Prize 2012 during the 37th annual meeting of the IDB Board of Governors at Khartoum in Sudan on April 3-4.

The Daily Star/Bangladesh/ 27th Feb 2012

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