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Why can’t Bangladeshis protest peacefully?

Today, one year following national elections in Bangladesh, at least four people died in violence following political protests in Dhaka and other cities across the country. The proximate reason: the opposition Bangladesh National Party (BNP) took out protests, which the ruling Awami League government had banned, to mark a “Murder of Democracy Day.” Despite the ban on protests, press reports indicate that members of the Awami League “outnumbered” the opposition on the streets of Dhaka. hartalA brief recap of the past year’s events provides the bac...

Atiur awarded “Central Banker of the Year”

Bangladesh Bank (BB) Governor Atiur Rahman has been awarded the "Central Banker of the Year 2015" for the Asia-Pacific. The Banker, a magazine of the London-based Financial Times, announced the award on Monday. dr. atiurDr Atiur received the award for his extraordinary contribution to the country's economy, with maintaining stability, endeavoring inclusive banking, green banking and corporate social responsibility (CSR) activities. The magazine also named the governors of the year for America, Europe, the Middle East and Africa regions. ...

ECNEC approves 177 development projects

The Executive Committee of the Bangladesh National Economic Council (ECNEC) has approved a total of 177 development projects with the outlay of Tk 1,23,404.52 crore in the first year of the current tenure of the AL-led grand alliance government, reports BSS. ecnec meetingOf the total expenditure to be involved, the government will provide Tk 47,314.9 crore from the national exchequer, Tk 71,688.73 crore will come as project assistance and Tk 4,400.89 crore from the organizations concerned. In line with Vision 2021 of the AL-led g...

Brac Bank gets $ 70m to boost SMEs

Bangladesh’s BRAC Bank Limited (BBL) has received a US$70mn loan for SME financing from a syndicate of investors. Led by the Netherlands Development Finance Company (FMO) as mandated lead arranger, the five-year facility is divided between FMO (US$13.7mn), ACTIAM (US$3.8mn), the Opec fund for brac bank logoInternational Development (Ofid, US$15mn), the Development Bank of Austria (OeEB, US$10mn), the Belgian Investment Company for Developing Countries (BIO, US$10mn) and Swiss-based asset manager ResponsAbility (US$2.5mn), with an additional...

Rezaur new DMD of AIBL

Md. Rezaur Rahman has joined Al-Arafah Islami Bank Ltd (AIBL) as Deputy Managing Director recently. Prior to his new assignment he was on deputation from the Bank as the Managing Director of AIBL Capital Market Services Ltd., a subsidiary company of Al-Arafah Islami Bank Ltd. 20150103 - AIBL DMD 5 PressMd. Rezaur Rahman is a Cost and Management Accountant. He is a member of ICMAB. He is a Certified Management Accountant of ICMA Australia. He also is a member of Institute of Chartered Secretaries & Manager...

SJIBL distributes blankets in Old City

Shahjalal Islami Bank Ltd (SJIBL) distributed approximates one thousand Blanket among winter hit & destitute People at Dhaka Samity Premises at Old City in Dhaka in 4th January 2015 with the help of Dhaka Mahanagar Samity (Dhaka Samity). Final-3Hazi Mohammad Selim honorable Member of Parliament and President of the Samity presided over the Blanket Distribution Ceremony. Alhaj Mohiuddin Ahmed Director of Shahjalal Islami Bank Ltd. and Chairman of Shahjalal Islami Bank Securities Ltd. distributed Blankets among winter hit & ...
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