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Business & Economy

Bengal Commercial Bank launches multi-currency Debit, Credit and Pre-paid Cards with advanced technology under VISA network at its head office recently. The 3D secured contactless cards with EMV Chip facility, have lucrative offers for different hotels, restaurants, shopping outlets and hospitals. Md. Jashim Uddin, Chairman of the Bank and President of SAARC Chamber of Commerce & Industry (SCCI) officially launched the card while Morshed Alam, MP, Chairman of Bengal Group of Industries was present as the invited guest. Md. Iqbal Hossain Chowdhury, Director of the Board; S M FaruqiHasan, Director of the Board; Tarik Morshed, Managing Director and CEO of the Bank were also present at the launching ceremony.

Bank Asia Limited, Bangladesh Bank sign an agreement under refinance scheme for a credit guarantee facility to support women entrepreneurs in small enterprises and entrepreneurs in the agro-processing industry recently. Deputy Governor Nurun Nahar, Managing Director of Bank Asia Sohail R K Hussain and Director of the Credit Guarantee Department of Bangladesh Bank Nahid Rahman were present.

Standard Chartered Bangladesh signed a Memorandum of Understanding (MoU) with Apollo Multispecialty Hospitals, Kolkata to provide healthcare privileges to clients. The MoU was signed recently at the Bank’s head office. Tawfique Imam, head CCPL, Shahreen Alam, head of rewards and Alliances Standard Chartered Bangladesh; Rana Dasgupta, Chief Executive Officer, Eastern Region, Apollo Hospitals Group; M M Masumuzzaman, Managing Director, SEOK, healthcare (Representative of Apollo Multispecialty Hospitals in Dhaka); and other senior officials from both organisations were present at the event. As a part of the agreement, Apollo Hospitals will offer special discounts on health check-up packages, outdoor investigations, and room rent for all Standard Chartered credit and debit cardholders.

Stock market closes in red

Business Report : Shares at Dhaka Stock Exchange (DSE) continued to fall on Monday. The DSEX, the benchmark index of Bangladesh’s prime bourse, lost 69.81...