A Term Sheet Signing Ceremony has been executed between United Commercial Bank Limited (UCB) and SRL Marine Products Limited (SMPL) at the Corporate Head Office of UCB on Sunday (11 May 2014). UCB will act as Facility Arranger for raising the Syndicated Term Loan of USD. 6.60 Million in favor of SMPL in order to set up a 100% export oriented sea food processing plant at Ichanagar, Chittagong. Mr. M. A. Hashem, honorable Chairman of UCBL and Mr. A Rouf Chowdhury, honorable Chairman of Sea Resource Group and Bank Asia Limited...

A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on Sunday (May 11, 2014) at Islami Bank Tower in the city. Mufti Sayeed Ahmad, Vice Chairman of the Committee and Head Mufti of Al Jamiatus Siddikiah Darul Ulum presided over the meeting. Professor NRM Borhan Uddin, Ph.D, Chairman, Audit Committee, Humayun Bokhteyar, ACPA, FCA, Director of the Bank was present on the occasion. The meeting was attended among others by Prof. Dr. Abu Bakr Rafique, Member Secretary of the Com...

Dhaka Bank Limited formally inaugurated its 74^th Branch at Chandaikona, Sirajganj on Sunday (May 11, 2014) in a befitting manner. Founder and Director of the Bank Mr. Mirza Abbas Uddin Ahmed inaugurated the Branch as Chief Guest. Mr. Abdul Hai Sarker, Chairman of Dhaka Bank Limited along with other directors of the Bank namely Mrs. Afroza Abbas, Mrs. Rokshana Zaman, Mr. Reshadur Rahman, Mr. Altaf Hossain Sarker, Abdullah Al Ahsan and Sponsor Director & Ex-Chairman of the Bank Mr. A.T.M. H...

Robi Axiata Limited, the second largest mobile operator in terms of revenue, recently introduced the Train Tracker service, an innovative and convenient value added service for customers to track their desired train. Using the service Robi customers will be able to learn of train location, time of train departure, next stoppage and the movement schedule of their desired train through SMS. Bangladesh Railway passengers can track the information and location of their desired train from their mobile phone anytime from anywhere and p...

Dutch-Bangla Bank Limited (DBBL) has organized a day-long workshop on ‘Prevention of Money Laundering and Combating Terrorist Financing’ for the managers and deputy managers of the Bank. Mr. K. S. Tabrez, Managing Director of the Bank was present as the Chief Guest and inaugurated the workshop on Saturday (May 10, 2014) held at the Bank’s Training Wing, Dhaka. The workshop aimed at familiarizing the participants with the updated and changed aspects of Money Laundering and Terrorism Financing. Different resource persons and anti money laun...