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Business & Economy

Leaders of the Association of Asset Management Companies and Mutual Funds (AAMCMF) convened for a meeting with state minister of commerce Ahasanul Islam Tituon Thursday at his office. Dr. Hasan Imam, serving as President of AAMCMF, led the delegation during this important session. Key individuals attending the meeting included Vice-President Waqar Ahmad Choudhury, and Sabirul Islam Choudhury, among others.

SBAC Bank PLC. Has signed a participation agreement with Bangladesh Bank (BB) for a credit guarantee facility at Bangladesh Bank recently. Habibur Rahman, Managing Director of SBAC Bank, and Nahid Rahman, Director of the Credit Guarantee Department of BB, sign the agreement in the presence of NurunNahar, Deputy Governor of BB. Mohammad Jamal Uddin, Executive Director of BB, Md. Abdul Manan, EVP & Head of Credit of SBAC Bank and senior officials from both institutions were also present.This facility will support women entrepreneurs in small enterprises and the agro-processing industry under a central bank refinance scheme.

Pubali Bank PLC and ONE Bank PLC sign an agreement for fund transfer facilities between Pubali Bank’s mobile banking apps (PI) and ONE Bank’s mobile financial services (OK Wallet). Md. Rabiul Alam, head of alternative delivery channel (ADC) division of Pubali Bank and Md. Mozaffor Hossain, FAVP of ONE Bank signed the agreement. Mohammad Ali, Managing Director of Pubali Bank and Md. Monzur Mofiz, Managing Director of ONE Bank were present at the agreement signing ceremony.