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PBL holds election under BSEC guidelines

Pubali Bank Limited (PBL) held the election under the guidelines laid down by the Bangladesh Securities Exchange Commission (BSEC), four members of the Board of Directors were elected at the 37th Annual General Meeting (AGM) of Pubali Bank Limited.

On August 27, 2020, the Honourable High Court ordered for re-election of the Board of Directors. Subsequently, on September 06, 2020, the Honourable Judge in Chambers, Appellate Division of the Supreme Court stayed the order of the Honourable High Court...

IBBL inaugurates 100th sub-branch, 43 agent banking outlets

Islami Bank Bangladesh Limited inaugurated 100th, 101st and 102nd sub-branches as well as 43 agent banking outlets across the country.

Md. Mahbub ul Alam, Managing Director and CEO of the bank inaugurated the sub-branches and agent outlets on 31 August 2020, Monday at virtual platform as chief guest. Mohammed Monirul Moula, Muhammad Qaisar Ali and Md. Omar Faruk Khan, Additional Managing Directors of the Bank addressed the program as special guest. Md. Moshar...

SJIBL BAMLCO Conference-2020 held

ShahjalalIslami Bank Limited organized “BAMLCO Conference-2020” recently through Digital Platform (with a video conference).

The Managing Director & CEO of the Bank Mr. M. Shahidul Islam was present as the Chief Guest in the Virtual Conference. Among others the Deputy Managing Director & Chief Anti Money Laundering Compliance Officer (CAMLCO) of the Bank Mr. M. Akhter Hossain was present as Session Chairperson while Mr. Md. Khalid Hussain, SVP, DCAMLCO and Head of Money Launderin...

Robi sees decent profit amid pandemic

As expected, Corona pandemic ravaged Robi’s financials in Q2’20. Compared to Q1, the Q2’20 revenue declined by 9.5% to reach 1,763 crore taka at the end of the second quarter. Cost optimization drive coupled with pandemic time less customer acquisition and revenue driven cost helped Robi register a profit after tax (PAT) of 58.4 crore in Q2’20.

KEY HIGHLIGHTS – Q2’20
  • Active Subscriber-base: 4 crore 80 lakhs [Representing 29.7% of subscriber market share]
  • Internet Subscribers: 3 crore 22 lakhs internet subscribers [Which is 67% of total subscriber base]
  • Revenue: 1,763 crore taka
  • Earnings Before Income Tax Depreciation and Amortization (EBITDA): 882 crore taka

Jamuna Bank’s 19th AGM held

The 19th Annual General Meeting of Jamuna Bank Limited held on 27.08.2020 through Virtual Platform.

The Meeting was presided over by the Honorable Chairman of the Board of Directors Mr. Fazlur Rahman. Among others, Al-Haj Nur Mohammed, Chairman, Jamuna Bank Foundation, Mr. Md. Belal Hossain, Chairman, Risk Management Committee, Mr. Md. Abdur Rahman Sarkar, Chairman, Audit Committee and other Directors of the Bank were attended the the virtual AGM. Managing Director  & CEO, Mr. Mirza Elias Uddi...

Modhumoti Bank signs for new digital platform

Brain Station 23 Limited, the country’s one of the leading and promising homegrown software development and digital services provider company, and Modhumoti Bank Limited have signed an agreement for the development of the bank’s new digital banking platform ‘GO SMART’. Through this partnership the forth generation bank is going to diversify it’s digital banking services and Brain Station 23 is set to strengthen its footprint in the local banking industry and to contribute to the digital transformation of the country’s overall fintech industry. The signing ceremony has...
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