The 26th AGM of Rupali Bank Limited
The 26th AGM of Rupali Bank Limited (RBL) was held at Institution of Engineers, Bangladesh in the city Saturday. RBL Chairman Dr. Ahmed Al Kabir presided over the meeting. Managing Director M. Farid Uddin attended, among others. The AGM approved 20 per cent stock dividend for the shareholders.
Financial Express/Bangladesh/ 1st April 2012
The Premier Bank Limited inaugurated a new branch at Bhaluka
The Premier Bank Limited inaugurated a new branch at Bhaluka, Mymensingh recently. Dewan Anwarul Latif, DMD of tha Bank inaugurated the branch as chief guest. Manager Bhaluka Branch, Manager, Mymensingh Branch & other valued clients, local distinguished personalities were also present at the ceremony.
Financial Express/Bangladesh/ 1st April 2012
13th annual general meeting of the One bank
Zahur Ullah, Chairman of ONE Bank Limited, and Farzana Chowdhury, vice chairperson of the Bank, among others, seen at the 13th annual general meeting of the Bank in the city recently. The Bank declared 30 per cent stock dividend and also held the 5th extraordinary general meeting.
Financial Express/Bangladesh/ 1st April 2012
FBCCI wants US embassy help melt down ice
The country’s apex trade body president AK Azad has sought US envoy’s mediation to melt down the ice that was frozen on Padma Bridge construction issue between Bangladesh and the World Bank (WB).
The Federation of Bangladesh Chambers of Commerce and Industry made the request before the US ambassador Dan W Mozena at an Annual General Meeting of the International Business Forum of Bangladesh, held at the Pan Pacific Sonargaon Hotel on Saturday.
Azad said misunderstanding between Bangladesh and WB is going on regarding the financing of the Padma Bridge construction.
“WB is a good friend of Bangladesh,” he said and added that misunderstanding could be removed through talks.
WB wanted to provide soft loan to erect Padma bridge on the river Padma but things got difficult as the lending agency reportedly found “wrong doing” in the process of survey.
WB’s soft loan is mostly needed for infrastructure development and for the country’s rapid industrialization, the FBCCI president said.
“As being a business leader, I want to reduce the gap between Bangladesh and the WB,” he added.
Azad called upon the US ambassador to work together for overcoming any misunderstanding between Bangladesh and the WB.
The Daily Independent/Bangladesh/ 1st April 2012
Muhith to attend IDB meet
Finance Minister AMA Muhith leaves for Khartoum, the capital of Sudan, on Sunday night to attend the 37th Annual IDB Group Meeting. Sylhet City Corporation Mayor Badruddin Ahmed Kamran and Senior Secretary of the Economic Relations Division (ERD) Iqbal Mahmood will accompany the Finance Minister.
The Finance Minister will attend the first working session of the IDB Board of Governors on April 3 at the Corinthia Hotel Khartoum and is likely to hold meetings with the Finance Ministers of Saudi Arabia and Sudan.
Later, in the afternoon, Muhith will attend the IDB 23rd Annual Symposium on ‘Fostering Inclusive Development in IDB Member Countries’ and is likely to hold meetings with IDB president and Deputy Prime Minister of Turkey Ali Babacan at the same venue.
The Finance Minister will also attend the 2nd working session of the IDB Board of Governors on the same day.
The Daily Independent/Bangladesh/ 1st April 2012