The mobile baking service of Islami Bank Bangladesh Limited  ‘mCash’ is now available mobicash service of Grameen Phone and throughout the country. In this connection a service launching ceremony between IBBL and Grameen Phone was held at a local hotel on Sunday, 22 June 2014. Mohammad Abdul Mannan, Managing Director of Islami Bank and Allen Bonke, Acting CEO of Grameen Phone signed an agreement on behalf of their respective organizations. Delwar Hossain Azad, Head of Financial Services of Grameen Phone, Mohd. Shamsul Haque, Md. Abul B...

An open discussion on “SME Financing” organized by Pubali Bank Narayanganj Regional Office was held at Regional Office, Narayanganj recently. Executive Director of Bangladesh Bank Nirmal Chandra Bhakta was present as Chief Guest while Managing Director and CEO of Pubali Bank Ltd. Helal Ahmed Chowdhury was present as Guest of Honour. General Manager of Bangladesh Bank Md. Masum Patwary and Additional Managing Director of Pubali Bank M. A. Halim Chowdhury were present as Special Guests. Md. Belayet Hossain, DGM and Regi...

A three-day long ‘Refresher’s Training Course’ was inaugurated on 22nd instant at Bangladesh House Building Finance Corporation (BHBFC). The Managing Director of the Corporation inaugurated the course at the training institute of the organization. The course has been designed for Supervisors and Sub-Assistant Engineers of the Corporation Afroza Gul Nahar, the General Manager (Admin) of the institution, presided over the inauguration ceremony. The Principal of the institute and many other high officials of BHBFC were present on the...

Bank Asia provided a 3-week Foundation Training to its 37 (thirty seven) officers in an effort to improve their professional efficiency. Mr. A. Rouf Chowdhury, Chairman of the Bank, handed over certificates to the participants of 31^st Foundation Training Course at the concluding ceremony held at Bank Asia Institute for Training & Development, Rangs Bhaban, Tejgaon, Dhaka on Monday (16 June, 2014). Mr. Md. Sazzad Hossain, Executive Vice President & Head of ICCD, Mr. Mamun Mahmud, Senior Vice President & Head of...

 A “Signing & Cheque Handover Ceremony” for the syndicated term loan facility of BDT 1980.00 million for KDS Logistics Limited was held yesterday at The Westin, Dhaka. Dhaka Bank Limited is the mandated Lead Arranger and Agent Bank for the syndication. Honorable Governor of Bangladesh Bank Dr. Atiur Rahman presided the event as Chief Guest. The company will expand the capacity of the Inland Container Depot. This particular project located at Sitakunda has current capacity of 139,000 TEUs (Twenty Feet Equivalent Unit)/...

One out of every 10 individuals migrates out of his hinterland for either economic sustenance or want of a better life. Globally, there are 232 million international migrants in 2013, up from 175 million 13 years ago. The recent World Bank report cites that international migrant remittances to developing countries are estimated to have reached $404 billion in 2013. These remittances far exceed the foreign aid received by many developing countries. One such country is Bangladesh, for which the remitted money not only helps i...