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$ 515m WB assistance to Bangladesh

The government today signed two financing agreements totaling $ 515 million with the World Bank (WB) to help expand electricity transmission network and improve insurance coverage. The agreements were signed by Economic Relations Division (ERD) Additional Secretary Mahmuda Begum and World Bank Country Director Qimiao Fan on behalf of the government of Bangladesh and the World Bank, respectively, at the ERD. The $450 million Enhancement and Strengthening of Power Transmission Network in Eastern wbRegion Project will improve reliable ele...

Capital market to be in good position: Muhith

Finance Minister AMA Muhith today said the country’s capital market will go in a good position a few years and play a vital role to expedite investment by arranging necessary financing for the entrepreneurs, reports BSS. “There are no scopes for large ups and downs in the capital market now as the government is muhithworking to develop the market. We have taken different reforms initiatives to take the capital market in a stable position,” he said while addressing a dividend handover ceremony of the Investment Corporation of B...

CSE team visits Bursa Malaysia

Three CSE executives and six executives of CSE top brokers – Lanka Bangla Securities, Multi Securities, BRAC EPL Stock Brokerage, Be Rich & Kabir Securities have successfully completed their visit to Malaysia. The five days tour was organized and sponsored by CSE which was included a knowledge sharing visit to the Bursa Malaysia and top-level Brokerage houses in Kualulumpur. CSEThe team was cordially hosted by the Malaysian Exchange on the 5th of April where they received elucidated & practical information on gene...

PBL inks MoU with Sylhet Rose View Hotel

A Memorandum of Understanding (MoU) between Pubali Bank Limited and Rose View Hotel, Sylhet has been signed today at bank’s Head Office. Md. Abdul Halim Chowdhury, Managing Director & CEO; Safiul Alam Khan Chowdhury, MoU with Rose ViewAdditional Managing Director and Mohammad Ali, Deputy Managing Director of Pubali Bank Ltd. were present at the MoU signing ceremony. Ashim Kumar Roy, DGM & Head of Cards of Pubali Bank Limited and Saif Dali, Head of Sales & Marketing signed the MoU on behalf o...

Appeal for help

Md Abdullah, son of Anwar Hossain, an Assistant Personal Officer (Audit), Bangladesh Agricultural Development Corporation (BADC), Dilkusha, Dhaka has been suffering from a severe liver related disease. The doctors said that Abdullah has no gall bladder. helpFor his proper treatment, a huge amount of money (nearly 30-35 lakh taka) will be needed. But his poor parents cannot afford to bear this cost. This is why, Anwar has requested the Prime Minister Sheikh Hasina and the affluent section of the society including officials and e...

Discussion on compliance of Shariah

Dhaka South Zone of Islami Bank Bangladesh Limited organized a discussion titled “Compliance of Shariah in the Banking Operations” and client get-together in its Agargaon branch on Saturday 7 April 2018. Md. Joynal Abedin, Director of the bank addressed the program as chief guest. Moulana Mohammad Muhibbullahil Baquee, Member of the Shariah Supervisory Committee addressed as chief discussant. Presided over by Md. Yeanur Rahman, Executive Vice President of the Bank the program was addressed by Md. Shamsul Huda, Executive Vice President of Shariah Secretariat of the Bank. The meeting discussed the duties and responsib...
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