A Memorandum of Understanding (MOU) was signed recently between Pubali Bank Limited and The Hotel Sea Palace Ltd. Mohammad Ali, Deputy Managing Director & Chief Technical Officer of Pubali Bank Ltd. and Mohammad Nasimul Azim, Chief Executive Officer (CEO) of The Hotel Sea Palace Ltd. signed the MOU on behalf of their respective organizations. Under this MOU, Credit and Debit Card holders of Pubali Bank Limited will avail 25% discount on rack rates at peak...

Khulna Zone of Islami Bank Bangladesh Limited (IBBL) organized Business Development Conference (BDC) at a local hotel in Khulna on 13 February 2016. Mohammad Abdul Mannan, Managing Director and CEO of the Bank was present in the conference as the Chief Guest. Presided over by Abu Naser Mohammed Nazmul Bari, Executive Vice President & Head of Khulna Zone, the conference was addressed among others by Md. Mosharraf Hossain, Executive Vice Pres...

In order to explore avenues to work together for private sector development in Bangladesh, a senior official from Centre for International Private Enterprise (CIPE) from USA visited IBFB Office at Tejgaon, Dhaka on 11 February 2016 to have meetings with IBFB leaders. Ms. Jennifer Anderson, Program Officer for South Asia of CIPE had her meeting with Mr. Hafizur Rahman Khan, President and Mr. Mahmudul ...

Aminul Islam, Additional Managing Director and Chief Operating Officer of Bank Asia Limited is receiving South Asian Federation of Accountants (SAFA) Best Presented Annual Report Awards and SAARC Anniversary Awards for Corporate Governance Disclosures 2014 – First Runner Up under Category: Private Sector Banks (including co-operative Bank) from Mr. Mohammad Ishaq Dar, Federal Minister for Finance Revenue Economic Affairs, Statistics and Privatization of Islamic Republic of Pakistan recently at Pearl Continental ...

Shahjalal Islami Bank Ltd (SJIBL) inaugurated an ATM Booth at Narayangonj Branch premises on 10th February 2016. The Director of Shahjalal Islami Bank Ltd. & Chairman of the Executive Committee of the Bank Mr. Akkas Uddin Mollah formally inaugurated the ATM Booth as Chief Guest. Among others Director of the Bank Mr. Fakir Akhtaruzzaman, Managing Director Mr. Farman R Chowdhury, Deputy Managing Director Mr. M. Akhter Hossain, Head of Public Relations Division Mr...

An international commercial dispute has been amicably settled through Mediation under the auspices of BIAC. The dispute between Bangladeshi and Japanese investors arose in a joint venture private limited company. Both the Parties agreed to resolve their dispute under BIAC Mediation Rules 2014. Mediation/Arbitration Clause was included in the contract for dispute resolution in their joint venture agreement. BIAC nominated Mr. Abdul-Muyeed Chowdhury, a very well known former bureaucrat, from its panel of Mediators to facilitate a resolution of the dispute. Mr. Chowdhury is one of the BIAC Mediators accredited by the Centre for Effective Dispute Resolution (CEDR), UK. Mediation is the least cost, voluntary and fastest Alternative Dispute Resolution method