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Bank Asia scholarships for Madhobdi, Bhoirab students

 As a part of its corporate social responsibility, Bank Asia has provided higher studies scholarship to 21 meritorious students from Madhobdi of Narshingdi and Bhoirab of Kishoregonj district on Wednesday. DSC_3163Md. Arfan Ali, Deputy Managing Director of the Bank handed over the scholarship money to the students at a function held at Madhobdi Branch premises. Executive Vice President & Head of Scotia Branch Md. Sazzad Hossain is, among others, present. A la...

Robi signs deal to facilitate One Bank’s OK mobile banking

Robi Axiata Limited, the fastest growing mobile operator in Bangladesh, signed an agreement with One Bank Limited to facilitate Mobile Financial Services. Robi Managing Director & CEO, Supun Weerasinghe, and ONE Bank Ltd. Managing Director, M Fakhrul Alam, inked the agreement today at the Robi Corporate Office in Gulshan. DSC_0848(1)Under the terms of the agreement, Robi will act as a facilitator for distribution network & Unstructured Supplementary Service Data (USSD) provision for ONE Ban...

UCash links deal with Banglalink

United Commercial Bank Limited (UCB) inked an agreement with Banglalink on Wednesday at the Corporate Head office of the Bank. Through this agreement, fast spreading mobile financial service UCash is now connected with Banglalink. Banglalink users now can open account on UCash, transact money and enjoy interest on deposited money.      PicManaging Director of UCB Muhammed Ali and CFO of Banglalink Yasser Abdel Hakim signed agreement on behalf of their respective organizations. Among others Honourable additiona...

Remittance mostly used in non-productive sectors

A recent Bangladesh Bank study reports that remittance sent by expatriates is mostly used for consumption and in the “non-productive” sectors in the country. The survey conducted in 2011 found 90% of remittances were used for meeting basic needs. Seventy-five percent of households receiving remittance spent those on food, 42% on loan repayment, 65% on education, 57% on treatment, 49% on marriage and 4% on running legal battles (multiple responses allowed). Experts described these as failure of successive governments to act on diverting the remittances into “productive” sectors instead of consumption. remmitance

Pubali Bank launches VISA Debit Card

Pubali Bank Limited has announced the launch of VISA Debit Card. The launch signifies an increase in convenience and value generated by expanding on acceptance and advancement by the implementation of technology based modern banking. Helal Ahmed Chowdhury, Managing Director and CEO of Pubali Bank, launched the VISA Debit Card as chief guest on Tuesday. Among others M.A. Halim Chowdhury, Additional Managing Director of the Bank, and Uttam Nayak, Group Country Manager- India and South Asia, VISA, Sachin Ramchandani, Director-Business Development, VISA and other senior executives of Pubali Bank were also present in the launching ceremony. Pubali V...
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Meghna Bank hands over blankets to Bangladesh Bank

Meghna Bank handed over blankets under Bank’s CSR activities to Bangladesh Bank for distribution among the cold-stricken people in different parts of the country to reduce their sufferings. DSC_0185Arif Quadri Deputy Managing Director of Meghna Bank handed over a sample of the blankets to AFM Asaduzzaman, General Manager of Governor’s secretariate of Bangladesh Bank at Bangladesh Bank, Head Office, Dhaka. Md. Mojibar Rahman Khan, SVP,  Syed Fazle Imam, VP and Sarwar Matin Imon of Meghna Bank Ltd. were present on the occasion.
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