- March 18, 2018
The central bank has summoned chief executives of 20 banks and they have been asked to reduce their NPL
Tk499.633 crore from the climate fund is being kept at three branches of Farmers Bank
Md Abdul Halim Chowdhury, managing director and CEO of the bank, inaugurated the booth as the chief guest
So far, Bangladesh has received around $15 million of the $81 million stolen from the central bank’s reserve account
As of December 2017, over 40 banks have hiked the interest rate on bank loans, and 30 of them are charging 10% or more
Sales executives of the bank’s different branches had attended the workshop
To stop the dissemination of black money before the elections, banks need to be very careful while distributing money, he said
‘The bank’s financial base gradually weakened because of various irregularities at the directorial board and management level,’ says the finance minister
Managing Director and CEO Mamun-Ur-Rashid, Additional Managing Director Md Tariqul Azam and Deputy Managing Director Md Motaleb Hossain were also present in the meeting.
SM Amzad Hossain, chairman of the bank’s board of directors, presided over the meeting
The managing director emphasized the expansion of the foreign remittance business through better customer care and modern banking services
Newly recruited executive officers of the Al-Arafah Islami Bank participated in the program.
The finance minister also blamed both public and private sectors for the current crises in the banking sector
Head office executives, zonal heads and managers form selected branches participated in the meeting.
The bank’s Managing Director and CEO Md Ahsan-uz Zaman inaugurated the branch as the chief guest while Khandaker Shipar Ahmed, president of Sylhet Chamber and Commerce and Industries; Salauddin Ali Ahmed, director, FBCCI; Md Sazzad Hossain, general manager, Bangladesh Bank Sylhet Office and other businessmen and local elites were present at the opening ceremony.
In December, Norfund signed a $10 million loan agreement with City Bank to support the trade and project financing requirements of bank’s clients
While it is undisputed that large-scale mismanagement had marred the recruitment test of eight state-owned banks, finding out and resolving the causes behind it should be the primary concern now. The candidates also have the opportunity to claim compensation for the harassment and stress they have suffered because of the mismanagement under tort law, said the participants of the latest Boithoki round-table discussion organized by the Bangla Tribune at its Dhaka office on Thursday. The discussion, moderated by journalist Munni Saha, was telecast live on ATN News and the Bangla Tribune’s official Facebook page
‘The government, the ministry and the central bank have failed to take effective, exemplary action.’
Mahbub will take the duty after getting approval from Bangladesh Bank as per the banking law