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BB launches instant fund transfer system

Bangladesh Bank (BB) launched Real Time Gross Settlement (RTGS) with 55 banks today. “Introduction of RTGS would enable instant transfer of funds between banks and institutions,” said Governor Atiur Rahman at the inauguration of the service at the BB headquarters in Dhaka. bbInitially 5,000 branches of 55 banks will be able to render the service to its customers. Rahman said the system will have a substantial impact on current operations in the banks, particularly in the area of treasury, payment division, corporate banking and cash management. RTGS facil...

Dhaka underground rail alongside metro rail

The government is planning an underground rail network, alongside the metro rail project in Dhaka in a bid to ease the traffic. Prime Minister Sheikh Hasina ordered the Planning Commission on Thursday to ready a project for this, Planning Minister AHM Mustafa Kamal said after ECNEC meeting. Underground-raikl“We’ll conduct a survey soon in this regard. Later, a project will be prepared based on the results,” he said. However, the plan came just after the government is gearing up to metro rail project in Dhaka. He said the go...

Climate crisis in Bangladesh

Of all the countries in the world, Bangladesh is one of the most vulnerable to the effects of climate change. The regular and severe natural hazards that already batter the country - tropical cyclones, river erosion, flood, landslides and drought - are all set to increase in intensity and frequency as a result of climate change. Rising sea levels will increasingly inundate Bangladesh’s coast, and dramatic coastal and river erosion will destroy land and homes. These and the many other adverse effects of climate change will have profound repercussions for the economy and development of the country. One of the most dramatic impacts will be the forced movement of people throughout

AIBL Agent Banking Outlet at Abidpur, Comilla

Al-Arafah Islami Bank Limited (AIBL) is operating Agent Banking Service for its clients. In this connection, an Agent Banking Outlet was inaugurated on 29 October, 2015 at Abidpur, Comilla. Deputy Managing Director of the Bank Md. Rezaur Rahman inaugurated Outlet as Chief Guest. 20151029_AIBL_AgentBanking_pressAmong others, Executive Vice President & Head of Agent Banking Division Abed Ahmed Khan and Senior Vice President Md. Aminul Islam Bhuiyan were present as Special Guests in the occasion. Agent...

IBBL MD honoured

Mohammad Abdul Mannan, Managing Director of Islami Bank Bangladesh Limited (IBBL) received ‘Islami Banking Award’ for remarkable contribution in the arena of islami banking and economy in Bangladesh conferred by Central Shari’ah Board for Islamic Banks of Bangladesh for the year 2012. DSC_0062AHM Mustafa Kamal MP, Minister for Planning, Government of Peoples Republic of Bangladesh handed over the award to Mohammad Abdul Mannan at a hotel of the capital on October 28, 2015. M.A. Mannan, MP, State Minister for Finance and Planning, Kazi Akram Uddin Ah...

JU B Unit Admission Test result published

The admission test result of Jahangirnagar University’s B unit under the faculty of Social Sciences was published on Wednesday night for the first year honor’s under 2015-16 academic sessions. JUOut of 15,862 admission seekers applied for the available 356 seats while 203 seats for male and 153 for female. A total list of 1,520 passed candidates was published- confirmed the correspondent Prof. Amir Hossain, Dean of Social Sciences Faculty. The results can be viewed from www.juniv.edu/admissionresults or via ...
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