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SBAC Bank hails new FBCCI Directors

Chairman of the Board of Directors of South Bangla Agriculture and Commerce (SBAC) Bank Limited and President of Bangladesh Frozen Foods Exporters’ Association Mr. S.M. Amzad Hossain and Select PictureChairman of the Executive Committee of the Board of Directors of SBAC Bank Ltd Mr. Maksudur Rahman have been appointed as the Directors at the new committee of the Federation of Bangladesh Chamber Of Commerce and Industries (FBCCI). The Management of the SBAC Bank Ltd congratulated them for their appointment of the FBCCI as Directors.

BWCCI Sr VP at FBCCI Body

Sr. Vice President (VP) of Bangladesh Women Chamber of Commerce and industry (BWCCI) Hasina Newaaz has been elected as Board of Director of FBCCI for the term 2015-17. Hasina NewaazShe has been a candidate from the group of chambers in the election and got elected securing 255 votes out of 418 votes. The total number of voter was 436. Mrs. Hasina Newaaz was a successful women entrepreneur. Mrs. Newaaz is also the Director of Agrani Bank Limited. In the year 2005, she won “Bangladesh Business Award” as Outstanding Woman in Busines...

Bankers’ should minimize credit risk, says ICC workshop

Banks today are the largest financial institutions around the world, with branches and subsidiaries throughout everyone’s life. However, commercial banks are facing risks when they are operating credit related activities. image002Credit Risk is one of the most significant risks that banks face, considering that granting credit is one of the main sources of income in commercial banks. Therefore, the management of the risk related to credit affects the profitability of the banks said Mr. Muhammad A. (Rumee), Chairman, ICCB Standing Committee on...

SJIBL awards scholarships to brilliants

Shahjalal Islami Bank Limited (SJIBL) has awarded scholarships among the brilliant and poor students of the country. The scholarship awarding ceremony was organized on Thursday (28th May 2015) at the Officers Club in the city. The 500 students of different Colleges, Medical Colleges and Universities received the Scholarship for their brilliant result. Each student received onetime taka twenty thousand for SSC level and taka twenty five thousand for HSC level. Since 2006 Shahjalal Islami Bank disbursing Scholarship among the poor and brilliant students through the country wide.

Real Estate: A look back at the last quarter

Currently the real estate sector is in a very precarious position given the difficult period it went through the year before. But the pace of slow and steady growth was hampered by the political unrest which happened in the month of January slowing down the whole economic speed of the nation. But in an emerging and dynamic nation like Bangladesh with good domestic fundamentals, all it takes is one good Lamudi Bangladesh Quarterly Report Q1 2015month for the economic climate to c...

MoU on fake Indian currency notes during Modi’s visit

India is likely to sign a memorandum of understanding (MoU) with Bangladesh on fake Indian currency notes (FICN) during Prime Minister Narendra Modi’s two-day visit to the neighbouring nation from June 6. pm-narendra-modi_650x400_51424803339This is perhaps the first time that India will sign an agreement on fake currency notes with a neighbour. The National Investigation Agency (NIA) and Home Department of Bangladesh will be the nodal agencies for executing the agreement, said officials ...
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