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PBL Dhaka South Region managers’ confce held

The 1st Managers’ conference- 2015 of Dhaka South Region of Pubali Bank Limited held in the city recently. Md. Abdul Halim Chowdhury, Managing Director of Pubali Bank Limited was present as Chief Guest. Deputy Managing Director of the Bank Safiul Alam Khan Chowdhury was present as Special Guest. GM and RM of Dhaka South Region Md. Sirajul Islam Miah presided over the conference. Untitled-1In his speech Md. Abdul Halim Chowdhury emphasized on expansion of foreign remittance business through better customer & modern banking s...

EU keen to finance developing skill of migrant workers

The European Union is keen to finance the government projects to be taken for the skill development of the outbound migrant workers. euEU’s keenness was conveyed by its ambassador to Bangladesh Pierre Mayaudon in a meeting with expatriates welfare and overseas employment minister Khandker Mosharraf Hossain at Prabasi Kalyan Bhaban on Sunday. After the meeting, Mosharraf told reporters that the EU expressed their keenness to provide financial supports to run the programmes to enhance working skill of the workers. Apart from existing 70 technical training centr...

BD Finance, LEADS Corporation deal for BANKULTIMUS

Bangladesh Finance And Investment Company Limited (BD Finance) tied up with software giant Leads Corporation to procure centralized core Business System - BANKULTIMUS. The two companies inked an agreement in this regard at a formal signing ceremony at BD Finance head office on February 19, 2015. BD Finance PicBD Finance is one of the leading multi-product financial institutions of Bangladesh with the vision to focus on quality growth, superior customer service and best Industry Practices.BD Finance procured the License & Servi...

Call money market: A safe-haven for NBFIs

Last week, the call money rate touched its lowest level at 5.00 per cent and traded between 5.50 per cent and 9.00 per cent in most deals. But the rate for non-bank financial institutions was higher between 8.62 per cent and 9.00 per cent. Normally banks charge higher rates on non-bank financial institutions for call money in comparison to their lending the call money to other banks. call money"Call money market has become a good place for NBFIs as the rate remains very low compared to lending rates of NBFIs since long", said a central bank official...

BATBC okays 550pc cash dividend

The Board of Directors has recommended 450% final cash dividend (i.e. a total of 550% cash dividend for the year 2014 inclusive of 100% interim cash dividend which dse csehas already been paid) for the year ended on December 31, 2014. Date of AGM: 12.04.2015, Time: 10:30 AM, Venue: Ball Room of Pan Pacific Sonargaon Hotel, Karwan Bazar, Dhaka. Record date: 05.03.2015.

Remittance worth $ 597.90m on February

In the first 13 days of the current month of February, Bangladesh received $597.90 million in remittance. remittanceThe four state-owned commercial banks — Agrani, Janata, Rupali and Sonali — received $196.59 million from the expatriate Bangladeshis while four state-owned specialised banks got $8.92 million, statistics from Bangladesh Bank showed. The highest remittance came through the private commercial banks who received $385.62 million while the nine foreign banks acquired only $6.77 million. Among the private commercial banks, I...
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