Browse Tag

economy

IBBL inks MoU with ICC

Islami Bank Bangladesh Limited contributed Tk.5.00 million to International Chamber of Commerce (ICC) Bangladesh for its capacity building in training and services. In this connection, a Memorandum of Understanding (MoU) was signed on Tuesday, August 23, 2016 at Islami Bank Tower. IBBLMahbubur Rahman, President of ICC Bangladesh and Mohammad Abdul Mannan, Managing Director & CEO of Islami Bank signed the MoU on behlaf of their respective organizations. ASM Quasem & Rased Maksud Khan, Executive Board Members of ICC Bangl...

Robi records 5.1pc revenue growth in 2nd quarter

Robi Axiata Ltd. (Robi) announced its financial results for the second quarter ended 30 June 2016. Year 2016 started with a very challenging business conditions resulting from SIM biometric re-registration which slow down new activations, additional 1% surcharge and 2% supplementary duty on all mobile services and shifting of customer preference from voice to data impacted the growth momentum of the business. Despite these challenging conditions, Robi was able to maintain its subscriber base of 27.4 million, representing 20.9% of industry subscriber market share. During the period, while 1H 2016 total revenue contracted by 3.4% compared to the same period of last year, data revenue had registered encouraging growth of 25.0%. Data revenue

Islami Bank spl Eid remittance offer

Islami Bank Bangladesh Limited and Xpress Money jointly introduced special remittance offer on the occasion of eid-ul-adha.

Abdus Sadeq Bhuiyan, Deputy Managing Director and Head of International Banking Wing of IBBLIslami Bank and Zakaria Mahmud, Country Relationship Manager of Xpress Money inaugurated the offer at Islami Bank Tower recently. Senior executives and officials of the both organizations attended the progr...

PBL managers’ confce in N’ganj

The “2nd Managers’ conference-2016” of Narayangonj region of Pubali Bank Limited was held recently. Md. Abdul Halim Chowdhury, Managing Director of the bank has graced the conference as Chief Guest. Md. Sayeed Ahmed FCA, Deputy Managing Director and Chief Financial Officer was present as Guest of Honour. pubali bankGeneral Manager of Credit Division Dewan Jamil Masud was present as Special Guest. DGM and Regional Head of Narayangonj region A.K.M. Muzammel Hoque presided over the conference. Performance of the branch...

Trade deficit shrinks 15pc, lowest in 6 years

Bangladesh's trade deficit shrank to its lowest in six years in the financial year that ended in June, to stand at nearly $5.5 billion, down 15 percent from a year earlier, thanks to a drop in global commodities prices and steady garment exports. Imports rose 5 percent in the year to $40 billion, while exports increased 10 percent to $34 BD-Nepal tradebillion, mostly driven by stronger garment sales, central bank data showed. The $28-billion-a-year garment export industry, which had been recovering strongly ...

Prime Ins congrats Bank Asia MD

Prime Insurance expressed its heartiest felicitations to the newly appointed President & Managing Director of Bank Asia Ltd., Mr. Md. Arfan Ali on August 14, 2016 at the Head Office of Bank Asia Ltd, says a press release. bank asiaOn behalf of Prime Insurance; Syed Monirul Huq, Deputy Managing Director & Head of Operation, Mr. Sujit Kumar Bhowmick, Asst. Managing Director and Ms. Rehana Akter Ruma, Vice President and Head of HRD & Administration were present there & wished     Mr. Arfan for his glorious a...
Verified by MonsterInsights