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Not more than 2 directors from same family, BB tells four banks    

The central bank yesterday asked four private banks to bring down the number of their directors coming from the same family to a maximum of two. The banks -- National, City, Premier and First Security Islami -- will have to comply with the directive within seven days, according to a Bangladesh Bank letter sent to the banks, reports the Daily Star. bbThe banks faced a similar notice in July but did not act on it. Law does not allow a bank to pick more than two directors from a family. “We will take action against the banks if they fail to comply with the require...

DHL refurbishes primary school at Global Volunteer Day

DHL, entity of Deutsche Post DHL (DPDHL), the world’s leading mail and logistics service group, today held Global Volunteer Day in Bangladesh to promote the spirit of volunteerism among employees. Employees from DHL Express and DHL Global Forwarding Bangladesh jointly carried out a refurbishment project at Amtoli Staff Welfare Government Primary School. _MG_3241This year DHL is partnering with Teach for Bangladesh (TFB) a member of Teach for All which is a global network of independent social enterprises working to expand educational opportunity...

AK Azad inaugurated fishing vessel “EuroStar-2”

A deep sea fishing vessel namely “EuroStar-2” with a capacity of 205 MT financed by Shahjalal Islami Bank Limited was inaugurated with a befitting manner at the  Port of Chittagong on 12th October Sunday. Shahjalal Islami Bank Limited invested Tk. 21.30 Crore for building this deep Sea Fishing Vessel “EuroStar-2”. Fishing Vessel JPGThe Chairman of the Board of Directors of Shahjalal Islami Bank Ltd. and Former President of FBCCI Mr. A. K. Azad inaugurated the Fishing Vessel “EuroStar-2” as Chief Guest. Among o...

Vibrant Musical Evening at EDU

A freshmen party for the newly enrolled students of the fall-2014 batch of East Delta University (EDU) was held on October 2, at its own probortak centre, Chittagong. East Delta-1Sayeed Al Noman, Vice Chairman of EDU was the chief guest while Professor Muhammad Sekandar Khan, Vice Chancellor was in the chair. Prof. Dr obaidul karim, Dean, Shafayet Kabir Chowdhury, Registrar of EDU, teachers, students and Guardians were present on the occasion. Shah Ahmed Ripon, Chairman, Department of English, Rafia Akhter, Assistan...

Robi new Customer Experience Center in Chittagong

Robi Axiata Limited, country’s fastest growing mobile operator, has opened a new Customer Experience Center in the commercial hub of the port city to make it more convenient for its subscribers. The new center is located at BM Heights in Agrabad commercial area and will start operations on 1st October 2014. Robi.jpgThe new customer Experience Center has several unique features which include a special service counter for female customers and a Game Zone for children to allow customers (visiting with children) a stress free service en...

CSE two new indices launched

Chittagong Stock Exchange Limited (CSE) on Sunday launched two new indices namely as CSE Shariah Index (CSI) and CSE-50 Benchmark Index (CSE-50). Developed by India Index Services and Products Limited (IISL), a subsidiary of the National Stock Exchange of India Limited (NSE, India) and a subsidiary of NSE Strategic Investment Corporation, the CSE-50 Index and CSE Shariah Index can be utilized by investors to track the performance of the market and Shariah compliant securities respectively that form part of all listed companies on the CSE other than mutual funds and corporate bonds.
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