BRAC Bank has recently organised an 'SME Night' to express gratitude to its customers as the bank celebrates its 10th anniversary.

Successful entrepreneurs from small and medium enterprise (SME) joined the ceremony organised at a restaurant in Dhaka on June 25, the bank said in a statement.

Syed Mahbubur Rahman, managing director of BRAC Bank, said the bank plans to bring all SME entrepreneurs of the country under banking coverage as they are driving the economy and generating huge employment.

Greeting the customers on the event, Rahman said: “BRAC Bank is proud that it has been able to stand beside 3.65 lakh SME entrepreneurs in fulfilling their dreams.”

Customers won attractive prizes, including air tickets, through raffle draw at the event. The ceremony ended with an enchanting musical performance.

Mohammad Mamdudur Rashid, deputy managing director, Syed Faridul Islam, head of SME Banking, and senior officials of BRAC Bank attended the function.

News: The daily Star: Bangladesh/ July-08-2011

The on leave pre-retirement (LPR) executive director of Bangladesh Bank Md Abul Kashem was appointed the fourth deputy governor of the institute yesterday, a BB press release said.

Abul Kashem, a seasoned BB official, will be serving for the next four years as contractual basis.

Son of Late Md Abbas Ali Morol and Late Amina Khatun was born in Paikan village of Barochapa union under Monohardi thana of Narsingdi district in 1953.

He earned his bachelor and masters degrees in economics from Dhaka University in 1973 and 1974 respectively. He passed his SSC exam in 1968 and HSC in 1970 from Dhaka Board.

News: Daily Sun/Bangladesh/ July-08-2011

Islamic Banking is the right platform to boost ‘green financing’ as it is based on the concept of promoting good practices and values, a leading Indian banker in Qatar has said. R Seetharaman, the Chief Executive Officer of Doha Bank, said Islamic banking is not just a financial system, but is part of a total value-based social system that seeks to enhance the general welfare of society as a whole. Seetharaman was delivering the inaugural address at a seminar on Islamic economics, organised by the Indian Islamic Association Qatar (IIAQ), under the title, ‘Toward an Alternative Economy’.
“Sustainable environment development, developing water resources, facing global warming, ensuring women’s participation and promotion of small-scale enterprises are all part of green financing. This is clearly an area where Islamic Banking can play a pivotal role,” he was quoted by Gulf Times as saying. Seetharaman, however, noted that Islamic banking is currently in its infancy and faces several challenges and added that young people should be encouraged to take up these challenges to ensure this significant economic system carries through and plays a leading role in the current global financial stage.

 News: The Independent/ Bangladesh/ July-06-2011

Global Head of Capital Markets for Standard Chartered Bank, Philip Cracknell to arrive in Dhaka for a day’s official visit Wedesday.
He will be meeting senior officials of the bank during his visit, an official release said.

News: The Independent/ Bangladesh/ July-06-2011

Dhaka Bank Limited recently celebrated its 16th funding anniversary in the city.

To mark the day, the bank has arranged various programmes including blood donation programme, Doa Mehfil on Tuesday, said a press release.

Dhaka Bank Chairman Reshadur Rahman, as chief guest, inaugurated the functions while Managing Director Khondker Fazle Rashid attended as special guest.

News: Daily Sun/ Bangladesh/ July-06-2011