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MoU between Midland Bank, Long Beach Hotel

Midland Bank Limited (MDB) recently signed a MoU with Long Beach Hotel Ltd. Under this agreement, MDB Visa cardholders will enjoy special privileges from Long Beach Hotel, Cox’s Bazar. Press PhotoMd. Ridwanul Hoque, SVP & Head of Retail Distribution of Midland Bank Ltd. and Sharif Sadi, Head of Sales & Marketing of Long Beach Hotel signed the agreement on behalf of their respective organizations, at a simple ceremony held at Bank’s Head Office, Dhaka. Khodoker Nayeemul Kabir, Deputy Managing Director, Muhammad H. Kafi, Chie...

Seminar on factoring for foreign trade in city

Importers are no more interested to import through opening L/C. Under L/C, importers have to provide required margin and sufficient security to their banks in order to confirm L/Cs. Even for a successful importer, there comes a time when the growing requirements for L/Cs margin go beyond the importer's financing ability and L/Cs coverage exceeds the security available to give to the bank. Moreover, importers need to approach banks for issuing L/Cs on each occasion of importing goods from abroad, which is really time consuming for foreign trade.

42nd AGM of BAT Bangladesh held

The 42nd Annual General Meeting of British American Tobacco Bangladesh Company Limited (BAT Bangladesh) was held at the Pan Pacific Sonargaon Hotel in Dhaka on Sunday, 12 April 2015 with Mr. Golam Mainuddin, Chairman, British American Tobacco Bangladesh, in the chair. 42nd AGM_BATBA large number of shareholders attended the meeting and unanimously passed the Accounts for the year ended 31 December 2014, Directors’ Report and the Auditor’s Report. The shareholders also approved the proposed dividend of Tk 55 (including Tk....

Omera LPG venture kicks of in city

Omera Petroleum Ltd. (OPL), a subsidiary of MJL Bangladesh Ltd., has brought Omera LP Gas in Bangladesh considering the high demand of the customers. Ensuring the users easy accessibility, usability and safety, OPL started their LPG venture in Bangladesh. IMG_8842The new LPG cylinders are entirely manufactured ensuring international standard using European technology through automated machine. The cylinders comes in three different types with the capacity of 5.5 kg, 12 kg and 35 kg and available in two different colors- Lemon Yellow and Gloss...

Remittance Fair at UCB Tongi Branch

United Commercial Bank Limited (UCB) conducted a remittance fair at Tongi Branch on 11 April 2015. Managing Director of UCB Mr. Muhammed Ali inaugurated the fair as Chief Guest. IMG_1294Among others Deputy Managing Director of UCB Mr. Md. Tariqul Azam along with senior officials were also present at the fair. Chief Guest of the Fair Mr. Muhammed Ali said, “UCB is firmly dedicated to ensure safe and quick delivery of remittances send by non-resident Bangladeshis.” People from different walk of society attended the fair with huge enthusia...

SJIBL organizes “Managers’ Conference-2015”

Shahjalal Islami Bank Limited (SJIBL) organized “Managers’ Conference-2015” on 11th April 2015 at a Hotel in the Capital. The opening ceremony of the conference was presided over by its Managing Director Farman R Chowdhury while the Chairman of the Board of Directors of the Bank Mr. A. K. Azad was present as Chief Guest. Managers Con JPG-2The meeting evaluated the performance of the last year and adopted necessary strategies and action plan to achieve the target for the remaining time of the year. 16 Branch Mana...
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