The 169th meeting of the Board Audit Committee of Shahjalal Islami Bank Limited (SJIBL) was held recently at head office of the bank. The meeting was presided over by Mr. Mosharraf Hossain, Chairman of the Board Audit Committee of the bank. Among others Directors Alhaj Khandoker Sakib Ahmed, Alhaj Abdul Halim, Managing Director Farman R Chowdhury, Additional Managing Director Masihul Huq Chowdhury and Deputy Managing Director Md. Setaur Rahman were present in the meeting.

Transfast, LLC and BRAC Bank Ltd. of Bangladesh today announced that they have partnered to enable Transfast customers to make instant bank transfers into accounts at BRAC Bank – the first-ever instant bank deposit service to Bangladesh by a global money transfer company. “BRAC Bank is one of the leading banks in Bangladesh and a pioneer in sophisticated technology in serving all its clients, and we are excited to offer our customers the ability to deposit money instantly and securely there,” says Samish Kumar, CEO of Transfast. “We know tha...

Oracle on Wednesday announced significant recruitment plans that will add 1,000 new employees to its sales force across Asia Pacific (APAC). The expansion will help equip Oracle to drive growth and support demand for Oracle Cloud solutions across the region. As the only vendor who delivers complete SaaS, PaaS, and IaaS capabilities, Oracle is The Cloud Company. Each year, Oracle invests $5 billion in research and development to help ensure the company’s products are the most innovative in the industry. Today, the cloud opportunity in APAC is fueled by...

Islami Bank Bangladesh Limited (IBBL) with the technical support of mobile-based service provider SSL Wireless launched online payment services under internet and mobile banking. The service was inaugurated on 24 March 2015 at Islami Bank Tower. In presence of Mohammad Abdul Mannan, Managing Director of IBBL, Mohd. Shamsul Haque, Deputy Managing Director of the Bank and Saiful Islam, Managing Director, SSL Wireless exchanged documents after signing an agreement in this connection. Muhammad Abul Bashar, Md. Habibur Rahman Bhuiyan, FCA, Mahbub-u...

Robi and Transcom Beverages Ltd. have jointly launched a co-branded recharge campaign. In this regard a signing ceremony was held at Robi Corporate Office. In this special specially designed campaign, Robi subscribers will get 60 Tk worth of Pepsi/7 Up/ Mirinda (any one) with the purchase of 199 Tk scratch card. Subscribers need to submit the used scratch card to the nearest outlet where TBL drinks (Pepsi/7 Up/Mirinda) are available for collecting their preferred drink. In the campaign period, subscribers can recharge special 199 Tk scratch card as m...

The Board of Directors of Bank Asia have recently approved the appointment of Mr. Md. Nazrul Huda and Mr. M. Shahjahan Bhuiyan as Independent Directors of the Bank. Both of them are renowned bankers of the country. Mr. Md Nazrul Huda was the former Deputy Governor of Bangladesh Bank. He served the Bangladesh Bank successfully for 35 years in different capacities.  Mr. Huda obtained Masters in Economics from the University of Dhaka, Bangladesh and University of New England, Australia. He has a number of publications on important issues relati...