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IBBL DMD appointed Jaiz Bank CEO

Md. Nurul Islam, Deputy Managing Director of Islami Bank Bangladesh Ltd (IBBL) has been appointed as the Chief Executive Officer (CEO) of Jaiz Bank of Nigeria. He is discharging this duty on deputation to materialize the agreement between IBBL and Jaiz Bank for Management and Technical support. [caption id="attachment_712" align="alignleft" width="300"]111 Mohammad Abdul Mannan, Managing Director of IBBL giving reception to Md. Nurul Islam recently at the eve of his flying to Nigeria to join as CEO of Jaiz Bank.[/caption] Under the agreement, signed in 2011 IBB...

SJIBL opens branch at Bandura, Nawbabgonj

Shahjalal Islami Bank Limited (SJIBL) opened its 87th Branch at Bandura in Nawbabgonj, Dhaka Saturday (23-11-2013). Director and former chairman of the bank Akkas Uddin Mollah formally inaugurated the branch as chief guest. Bandura-1 ClAmong others, Bank’s managing director Md. Abdur Rahman Sarker, deputy managing director Md. Abdul Jabber Chowdhury and former member of parliament Khandaker Harunur Rashid were present on the occasion. Akkas Uddin M...

Mercantile Bank awards Abdul Jalil Education Scholarship

Mercantile Bank Ltd has recently organized a scholarship awarding ceremony in the city. Bangladesh Bank Governor Dr. Atiur Rahman distributed cheques and certificates among the meritorious students under the “Mercantile Bank Abdul Jalil Education Scholarship-2012” as chief guest. Chairman of Mercantile Bank M Amanullah preside over the programme. DSC_0189Md. Shahabuddin Alam - Vice Chairman,  Md. Anwarul Haque -Chairman Executive Committee, Directors  Akram Hussain (Humayun),  ASM Feroz Alam,  Md. Abdul Hannan,  Mohd. Selim, Al-Haj Mosharref Ho...

Shortfall in revenue collection due to political unrest

The revenue collection by Chittagong customs house witnessed a shortfall of Tk 25.41 billion, as it collected Tk 233.49 billion against the revenue target of Tk 258.90 billion in the 2012-2013 FY due to political instability, although the collection crossed the targets in previous fiscal years. Chittagong Customs House, the highest revenue earner of the country, could not meet the target of revenue collection in the five months of the current fiscal year due to repeated hartals and violence amid political instability. revenew collection Ctg

Bangladesh demands immediate implementation of CAF

Bangladesh has demanded immediate implementation of Cancun Adaptation Framework (CAF) as adaptation for Bangladesh as a climate change victim is urgent priority. "We want to see immediate implementation of CAF because adaptation is an urgent priority for as a climate change victim like Bangladesh," said Shafiqur Rahman Patwary, head of Bangladesh delegation to Warsaw Climate Change Conference 2013 being held at Warsaw in Poland. Climate Conference Warsaw: Qatar gives COP-Presidency to PolandSpeaking at a ple...

Mobile financial service should be free from overregulation: experts

Telecom financial services experts here today called for keeping the mobile financial services out of over-regulation so that the 50 percent unbanked population of the world could be incorporated into the financial services to boost it in future. They have also consented that collaboration between the banking, financial service and telecommunication regulators might establish a platform where the unbanked people would get opportunity to avail different kinds of financial services smoothly with the access of mobile banking, as 75 percent of world's population has the access to mobile communication, reports BSS. Their observations came at a panel discussion "Many Faces of Mobile Financial Services" at the final day of the ITU Telecom World 2013 that began on November 19 in the capit...
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