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  Volume: XX, Issue No. 02 September 1-15, 2010  
     
 
 

BANKING & COMMERCE

 
Exim Bank finances Motaleb, first Saudi Arabian-dates farmer
_A Monitor Report Dhaka : The Exim Bank Ltd has financed the country's first Saudi Arabian-dates cultivation for commercial production, aiming to reduce import dependency of the item. The bank recently announced the success story of the farmer in a programme in presence of commerce minister Muhammed Faruq Khan as chief guest. Chairman of EXIM Bank Md. Nazrul Islam Mazumder and its Managing Director Kazi Masihur Rahman were also present on the occasion. Speaking on the occasion, the commer. More...
Uttara Bank Limited donates Tk 7 lakh
_A Monitor Report Dhaka : Uttara Bank Limited has donated an amount of Tk 7 lakh to Ahsania Mission Cancer Hospital (AMCH) construction fund for the under-construction hospital of international standard at Uttara in the capital. Managing Director and Chief Executive of Uttara Bank Limited Shamsuddin Ahmed handed over a cheque for Tk 7 lakh to the President of Dhaka Ahsania Mission, Kazi Rafiqul Alam at the bank's Head Office recently. Additional Managing Director Sheikh Abdul Aziz, E. More...
Private banks manage remittance better
_A Monitor Report Dhaka : The nation's private banks have emerged as major remittance managers overtaking the state-owned banks in the last few years by handling more than 69 percent remittances to the country. Bangladesh Bank data shows aggressive marketing drives launched by the private banks at home and abroad have curtailed the dominance of the state-run banks to only 27 per cent in the past few years. According to central bank data, remittance through PCBs increased by 17 per cent . More...
EXIM Bank of India provides credits to 94 countries
_A Monitor Report New Delhi : The Indian government has extended 143 lines of credit for 94 countries through the state owned Export-Import Bank of India (EXIM India) since 1988. Under such initiatives India made credit commitments of over US$ 4.71 billion to 94 countries covering in Africa, Asia, Latin America and Europe. Reserve Bank of India, India's central bank does not do any long term lending as the Parliament does not allow it to do so. However, the acts of Parliament which set u. More...
StanChart grabs 'Asia's Best Brand Award'
_A Monitor News Dhaka : Standard Char-tered Bank, Bangladesh, has received "Asia's Best Brand Award", presented by CMO Asia Awards for its excellence in branding and marketing. The CMO Asia Awards are the first of its kind accolades recognizing organisations, Chief Marketing Officers and professionals who have shown leadership in building brands combined with consistent innovation and strategic marketing. StanChart Bangladesh CEO Jim McCabe stated that the award conferred on Standard C. More...
UBS hires Bangladesh-born banker for Asia-Pacific
_A Monitor Report Singapore : Swiss bank UBS has appointed Lutfey Siddiqi as its managing dir-ector and head of the corporate coverage group for the Asia-Paci-fic region, according to a statement. In this role, he will be responsible for the delivery of risk management products across asset-classes to corporate clients in the region. Starting on September 20 and based in Singapore, he will also join the Asia-Pacific executive committee of the company's fixed income, currencies and commodi. More...
Dhaka Bank employees donate one day's salary to help flood victims
_A Monitor Report Dhaka : Dhaka Bank Limited has donated Taka 4,31,100/= only equivalent to one day's basic salary of its employees to the rehabilitation program of Dhaka Ahsania Mission for flood affected people. This was an act as a part of the bank's corporate social responsibility, A plain ceremony was held on August 21 at boardroom of the bank. Shahed Noman, Managing Director handed over the payment order to Kazi Rafiqul Alam, President, Dhaka Ahsania Mission. Among others, Kazi N. More...
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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