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economy

AIBL inks deal with HAAB

Al-Arafah Islami Bank Limited has signed Memorandum of Understanding (MOU) with Hajj Agencies Association of Bangladesh (HAAB), an association of Government License holder Hajj Agencies. Under the agreement HAAB will now use the online banking facilities of the branches of Al-Arafah Islami Bank. The Hajjis who want to pilgrim the Holy Kaaba can also use the special banking services. The MOU was signed between Al-Arafah Islami Bank Limited and HAAB on 17 February 2016 at the Board Room of Al-Arafah Islami Bank. Md. Habibur Rahman, Managing Director of Al-Arafah Islami Bank Ltd. and Mohammad Ibrahim Bahar, President of HAAB signed the

Russia makes 7 mi-171sh helicopters for BD

In 2015, Moscow delivered five Mi-171Sh helicopters to Bangladesh. Following the delivery, Moscow signed a contract for the supply of another batch to Dhaka. “At the moment the helicopters are under construction at Ulan-Ude Aviation Plant [located in Russia Hcthe eastern Russian Republic of Buryatia] and are planned to be delivered before the end of 2016,” Alexander Shcherbinin told RIA Novosti. Russia Plans to Sign Deal on 48 Mi-17V-5 Helicopters Delivery to India in 2016 He added that Mi-171Sh helicopters had alread...

CNS, SJIBL sign deal for BRTA

Recently a Bi-lateral agreement has been signed between Shahjalal Islami Bank Limited (SJIBL) and Computer Network Systems Limited (CNS) at CNS’s head office in Dhaka. The Computer Network Systems Limited (CNS) signed on the agreement on behalf of BRTA. Agreement with CNS JPG-2 Under this agreement the Motorjan owner will able to deposit their Registration Fee and Tax in all the branches of SJIBL. The Deputy Managing Director of Shahjalal Islami Bank Limited Mr. M. Akhter Hossain and the ...

PBL holds annual managers’ conference

A 2(two) days long ‘Annual Managers’ Conference-2016’ of Pubali Bank Ltd. participated by all 444 Branch Managers, Regional Managers & Sr. Executives of Head Office was held at Hotel Ocean Paradise, Cox’s Bazar recently to motivate them to increase Bank’s business by rendering better services. Hafiz Ahmed Mazumder, Chairman, Board of Directors of Pubali Bank Ltd. graced the Conference as Chief Guest while Managing Director Md. Abdul Halim Chowdhury presided over the Conference. Vice-Chairman Fahim Ahmed Faruk Chowdhury & Directors- Syed Moazzem Hussain, Monzurur Rahman, M. Kabiruzzaman Yaqub and Azizur Rahman were attended as Special

BAFEDA, StanChart organize Bourse Course

The Bourse Program 2016 was jointly inaugurated by Mr. Mohammed Nurul Amin, Chairman, Executive Committee, Bangladesh Foreign Exchange Dealers Association (BAFEDA) and MD. Meghna Bank and Mr. Abrar A. Anwar, CEO, Standard Chartered Bank Bangladesh (StanChart) on 14th February 2016 at the Six Seasons Hotel. Md Ali Hussain Prodhania, Chairman of Technical Committee, BAFEDA and Mr Alamgir Morshed, Head of Financial Markets, Standard Chartered Bank Bangladesh were also present in DSC_5330the inauguration ceremony. 4...

BIAC to assist EBL for ADR

Bangladesh International Arbitration Centre (BIAC) has signed a Memorandum of Understanding (MoU) with Eastern Bank Ltd (EBL) to assist resolution of commercial and money loan disputes through ADR at a signing Ceremony held on Tuesday 16 February, 2016 at the Corporate Office of Eastern Bank Ltd. in Dilkusha, Dhaka. Muhammad A. (Rumee) Ali, Chief Executive Officer of BIAC and Ali Reza Iftekhar, Managing Final EBLDirector & CEO of Eastern Bank Ltd. signed the agreement on behalf of their respective institutions. Senio...
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