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Bank

Banks’ profit eroded by bad loans

A Financial Stability Report for 2014 has been released by the Bangladesh Bank, the nation’s central bank, and a key outcome of it is that high non-performing loans (NPLs) eroded the earnings of banks last year. The report says that return on asset and return on equity, the two major indicators used to measure a bank’s profitability, decreased by 20 and 260 basis points to 0.7 and 8.1 percent respectively from a year ago. The rise in NPLs last year forced banks to set aside a major portion of their profits for bb-logoprovisioning, the Daily Star quot...

SJIBL 219th Board Meeting held

The 219th meeting of the Board of Directors of Shahjalal Islami Bank Limited (SJIBL) was held at its Boardroom recently. The meeting was presided over by the Chairman of the Board of Directors Mr. A. K. Azad. 219 Board Meeting PhotoThe board approved a number of investment proposals and discussed various issues relating to policy matters of the Bank. Among others, Vice-Chairmen of the Board Alhaj Mohammad Younus and Alhaj Md. Abdul Barek,  Directors Alhaj Akkasuddin Mollah, Alhaj Engineer Md. Towhidur Rahman,  Alhaj Md...

PBL honours exchange cos’ agents

The International Division of Pubali Bank Ltd (PBL) arranged an Iftar Party in Honour of Representatives of different Exchange Companies in Bangladesh in Ramadan. Ramadan KareemManaging Director of Pubali Bank Ltd Md. Abdul Halim Chowdhury, Deputy Managing Director Safiul Alam Khan Chowdhury, Chief Financial Officer and General Manager Sayeed Ahmed FCA and General Manager of International Division Md. Hasan Ali were present as guests with the invited representatives at the party. DGM Md. Ataullah Siddiqui and Mohammad Shahadat Hossain o...

Ifter Mahfil at IBBL FX Corporate Branch

Islami Bank Bangladesh Limited (IBBL) Foreign Exchange Corporate Branch organised a discussion on ‘Role of Ramadan in purifying wealth and soul’ and Ifter Mahfil at Mohammad Younus Auditorium of Islami Bank Tower on July 13, 2015 Monday. DSC_0149Mohammad Abdul Mannan, Managing Director of the Bank addressed the function as chief guest. Presided over by Mohammad Giasuddin Ahmed, Executive Vice President & Head of Branch the program was presented discussion on the topic by Dr. Mohammad Abdus Samad, member of Shariah Supervisory Committee of the b...

SJIBL EC meeting held

The 627th meeting of the Executive Committee (EC) of Shahjalal Islami Bank Limited (SJIBL) was held recently at head office of the bank. 527 EC JPGThe meeting was presided over by Alhaj Akkas Uddin Mollah, Chairman of the EC of the bank. The members of the committee discussed various issues relating to investment in different sectors. Among others Chairman of the Board of Directors Mr. A. K. Azad, Directors Alhaj Engineer Md. Towhidur Rahman, Alhaj Mohiuddin Ahmed, Managing Director Mr. Farman R Chowdhury, Additional Managing Director Mr. Masih...

Bank Asia opens online credit card service

Mr. Md. Mehmood Husain, President and Managing Director of Bank Asia is seen launching the Credit Card Online Statement Service at a function held at the Corporate Office of the Bank at 1Purana Paltan, Dhaka today (Sunday, July 12, 2015). Deputy Managing Directors of the Bank Mr. Md. Arfan Ali and Mrs Humaira Azam, Senior Executive Vice Presidents Mr. G.W.M. Mortaza, Mr. Mohammad Borhanuddin and Mr. Barun Kanti Saha and Head of Credit Cards Department Mr. Md. Saifur Rahman are also seen in the picture.
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