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Business & Economy

AB Bank opens its sub-branch at Burichang: AB Bank Limited inaugurated its sub-branch at Burichang, Comilla on Tuesday. The sub-branch is located at Office Road, Takwa Plaza, Burichang, according to a press release. Tarique Afzal, president and managing director of AB Bank Limited inaugurated the sub-branch through video conference from the bank’s head office. Comilla Branch Manager of AB Bank Limited, other bank officials along with local dignitaries were present during the inauguration at the new sub-branch premises.

FSIBL holds its Half Yearly Business Review Conference: First Security Islami Bank Limited holds its Half Yearly Business Review Conference held through virtually on Monday. Managing Director of the bank Syed Waseque Md. Ali, presided over the conference while Abdul Aziz a, Muhammad Mustafa Khair, Additional Managing Directors, Md. Zahurul Haque, Md. Masudur Rahman Shah, Deputy Managing Directors, Principal of the bank’s training institute, Divisional Heads of Head Office, Zonal Heads and Branch Managers of the bank participated in the conference. The conference reviewed the operational performance of individual branches for the period of January-June, 2023 and delivered directions to attain targets set for remaining periods of the year.

Nazeem A. Choudhury, DMD of Prime Bank Limited and Sadiqur Rahman, Vice President of Portonics Limited, exchange documents after signing an agreement at the bank’s head office in the capital recently. Under the deal, Prime Bank internet banking user will be able to make payments at all merchants under Portonics Limited and credit card holders of the bank will enjoy up to 36 months EMI facility. Senior officials of the respective organizations were present.

GIB inaugurates ATM booth at Kamlapur railway station: Global Islami Bank (GIB) inaugurates its ATM Booth at Kamlapur Railway Station, Dhaka on Monday. Kazi Mashiur Rahman Jayhad, additional managing director of the bank inaugurated the ATM Booth as chief guest, reads a press release. Deputy Managing Director of Global Islami Bank Sami Karim and Shah Alam Kiron Shishir, Divisional Commercial Officer (Dhaka Division), Mohammad Aminul Haque, Deputy Commercial Officer-1 of Bangladesh Railway, Manager of Motijheel Branch of GIB Md. Shamsur Rahman Majumder, EVP and Head of General Services Division Zulfiquar Ali Khan, Head of Marketing Imtiaz Ahmed Siddiqui, Head of Cards A N M Ahsan Habib, officials of Bangladesh Railway and other guests were present on the occasion.

M Manjur Mahmud, President of DataSoft Systems Bangladesh Limited and Ali Ahmmed, Chief Commercial Officer of bKash Limited, exchange documents after signing an agreement at bKash head office in the capital recently to enable microcredit borrowers to pay loan instalments easily, safely and quickly from anywhere, anytime. Under the deal, customers of more than 200 microfinance institutions (MFIs) that use technology and software solutions of DataSoft will get the opportunity to repay instalments of microcredit timely through bKash. Meanwhile, management of instalment collection has become easier and more effective for the lenders. Top officials from both sides were present.