The Alacer Group, dedicated to helping business leaders accelerate performance, quality, productivity and profitability, today announced that its Velocity AML Suite has been chosen by three prominent banks in Bangladesh to improve AML case workflow and security. After an extensive search process, Mercantile Bank Limited, Social Islami Bank Limited (SIBL) and Meghna Bank selected Alacer’s Velocity AML Suite to ensure robust KYC/CIP onboarding, sanctions screening, payments interdiction and transaction profiling, all key operational areas that support local and international anti-money laundering efforts. The banks selected the Velocity solution for its ability to be quickly deployed, its robust reporting features and for the delivery of consistent and full compliance with AML regulatory ...
A new project titled the “Strengthening Women’s Ability for Productive New Opportunities (SWAPNO)” was launched on Sunday to support over 4400 poor women in the rural areas of Satkhira and Kurigram districts.
Implemented by the Local Government Division of Bangladesh, this five-year project is aimed at the most vulnerable rural poor women. The UNDP, Sustainable Development Goals Fund (SDGF), the Spanish Government and International Labour Organization (ILO) are providing financial assistance to the project, reports BSS.
“The subs...
Al-Arafah Islami Bank Ltd (AIBL) has opened its ‘Hajj Booth 2015’ for the pilgrims at Ashkona Hajj Camp, Uttara on 16 August 2015.
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Al-Arafah Islami Bank Ltd. has opened its ‘Hajj Booth 2015’ for the pilgrims at Ashkona Hajj Camp, Uttara on 16 August 2015. Chairman of the Bank Badiur Rahman (3rd from left) inaugurated the booth and distributed gift items to the pilgrims as Chief Guest. Director Alhajj Abdul Malek Mollah and Ma...
National Cricket team jersey has come to be seen as the symbol of love and passion for the game among the millions of cricket fans of the country. As the national team is on a purple patch, the team jersey has become a source of inspiration for the entire nation.
In this backdrop, the cricket fans from the length and breadth of the country will now get a rare opportunity to demonstrate their love for the much revered game by taking part in a competition titled “Odommo Jersey Design Contest”.
The jersey design contest will be organized by the leading...
The half yearly business conference 2015 of Midland Bank Limited (MDB) was held at the Board Room of the Bank’s Head Office in the city recently.
Mr. Md. Ahsan-uz Zaman, Managing Director and CEO of the Bank presided over the
conference as Chief Guest, and Mr. Khondoker Nayeemul Kabir, Deputy Managing Director of the Bank was present on the occasion as Special Guest. Heads of Branches, Divisional Heads and Corporate Unit Heads of the Bank were present in the daylong Conference.
A press note regarding the conference attached her...
Mr. Khondoker Md. Iqbal, Managing Director of the Basic Bank alng with its DMDs, other high officials, employees and CBA leaders led by Mr. Alauddin A. Majid, Chairman of the Bank placed a floral wreath at the portait of the Father of the Nation Bangabandhu Sheikh Mujibur
Rahman at Dhanmondi 32 on the occasion of his 40th martyrdom anniversary and the National Mourning Day.
Later, BASIC Bank Limited also observed the day by arranging a special prayer and dowa mahfil seeking eternal peace for Ba...
