Business Archives - Page 60 of 100

Sep72024 by No Comments

UCB PLC stands beside students and citizens injured in recent movement

To aid in the medical treatment of those injured during the recent student movement, the country's leading private financial institute, United Commercial Bank PLC Limited (UCB), has provided financial assistance to Dhaka Medical College Hospital (DMCH). The funds from UCB will be used to cover the medical expenses of the injured individuals. Recently, a team from UCB, led by ATM Tahmiduzzaman, Additional Managing Director of UCB, handed over a cheque of Tk 25 lakh to Brig. Gen. Md. Nazmul Haque, Director, DMCH. Professor Dr. Md. Fazle Elahi Milad from the hospital's Neurosurgery Department and other officials from both institutions were present during the ceremony. Many courageous individuals stood up against injustice and discrimination in the recent student-led mass uprising. Th...

Sep52024 by No Comments

National Bank Launches ‘Nischinto Oboshor’

Breaking News, Business

National Bank Limited officially launched the ‘Nischinto Oboshor’ at its head office on September 5, 2024. The ‘Nischinto Oboshor’ launching program was officially inaugurated by Md. Touhidul Alam Khan, Managing Director & CEO of the bank as chief guest. Present at the event were Deputy Managing Directors of the Bank namely, Sheikh Akhter Uddin Ahmed, Imran Ahmed, Md. Abdul Matin along with other senior officials of the bank. Meanwhile, deposit receipts were handed over to some of customers who had taken the ‘Nischinto Oboshor’ product. During the inauguration, Md. Touhidul Alam Khan, Managing Director & CEO of the bank said, "This diverse savings scheme has many attractive features. So I hope this product will get a huge response." Note that anyone above the age of 18 years can d...

Aug312024 by No Comments

Muklesur Rahman elected as the chairman of the EC of National Bank

Breaking News, Business

Mr. Muklesur Rahman has been elected as the Chairman of the Executive Committee of National Bank Limited as an independent director of the bank. This decision was made during the bank's 505th Board Meeting, which took place on August 22, 2024. With an impressive career spanning 38 years in the competitive banking sector, Mr. Rahman is a highly accomplished leader. He has held the position of Managing Director and CEO at both Shimanto Bank and NRB Bank, where he demonstrated exceptional leadership and strategic vision. Mr. Rahman has also served in key roles at several leading local and multinational banks, including United Commercial Bank, Standard Chartered Bank, ANZ Grindlays Bank, Citi NA, Standard Chartered Nepal, and Eastern Bank. His extensive experience equips him with unique ...

Aug282024 by No Comments

NBL holds Workshop on NPL Management & Legal Measures

Breaking News, Business

Special Asset Management Division, in association with National Bank Training Institute (NBTI) of National Bank Limited jointly organized a daylong Workshop on ‘NPL MANAGEMENT & LEGAL MEASURES’ at NBTI on 24 August 2024. Total 37 personnel from different Branches and Head Office of NBL participated in this workshop. Mr. Md. Abdul Matin, Deputy Managing Director & Chief Credit Officer (CCO) of National Bank Limited was present in the workshop as Chief Guest. The session conducted by Mr. Md. Tariqul Islam Khan, SVP & Head of Recovery Relationship Management Unit (RRMU, SAMD) as keynote speaker and also other sessions conducted by Mr. Md. Hanef Ali, SVP of Special Asset Management Division and Mr. Sk. Tareq Nawaz, VP & Head of Legal Division. The program was moderated by Mr. S...

Aug282024 by No Comments

Newly elected Board Chairman and Executive Committee Chairman of United Commercial Bank PLC (UCB)

Breaking News, Business

Dr. Aparup Chowdhury, Independent Director of UCB has been unanimously elected as Chairman of United Commercial Bank PLC in the board meeting held on today at the corporate office of UCB. Moreover, Mr. Bashir Ahmed has also been elected as the Executive Committee Chairman of UCB. Dr. Aparup Chowdhury was former Secretary to the Government of Bangladesh working consistently for 37 years with progressively increasing responsibilities in Field Administration, Policy Pool of different Ministries and Organizations as well as Corporate Bodies. Mr. Bashir Ahmed is also the Managing Director of Airmate Goodie Electrical Industries Ltd, Goodie Accessories (Pvt) Ltd, International Distribution Company Bangladesh (Pvt) Ltd, B&B Electronics, B&B Food & Beverage, B&B Electrical &a...

Aug262024 by No Comments

Prime Bank PLC. Partners with robishop.com.bd

Breaking News, Business

Prime Bank PLC., a leading financial institution committed to innovation and customer-centric financial solutions, has signed a partnership with premier e-commerce platform, robishop.com.bd. Recently a signing ceremony was held between these two organizations at bank’s Gulshan Corporate Office. Under the agreement, Existing Prime Bank card holder will enjoy EMI facility and new card holder will get discount voucher while purchasing from robishop.com.bd. Md. Nazeem A. Choudhury, Deputy Managing Director of Prime Bank PLC. and Shafiq Shamsur Razzaq, General Manager, Value Added Service , VAS & New Business, Market Operation from robishop.com.bd took part in signing ceremony on behalf of their respective organizations. Joarder Tanvir Faisal, Head of Cards & ADC Business from Prime B...

Aug262024 by No Comments

foodpanda riders join relief packaging efforts

Breaking News, Business

foodpanda riders have volunteered to package relief items and load them onto trucks at the Dhaka University Central Students' Union (DUCSU) to support the flood-affected people. Conversations with the riders reveal they have joined this humanitarian work as volunteers to stand by the flood victims. Most of the riders are students, and many of their classmates have also participated in this initiative. Like other youths, they consider this work a social responsibility. It is mentionable that a significant number of people have spontaneously participated in the mass relief collection campaign at the University of Dhaka to aid flood victims in various districts of the country. People from different walks of life are coming forward to donate cash and relief items. In addition to the relief ...

Aug262024 by No Comments

Banglalink signs MoU with Bangladesh Army for immediate food relief

Breaking News, Business

The recent catastrophic floods have plunged southeastern and eastern regions across Bangladesh and severely impacted the livelihoods of countless people. In response to this urgent situation, Banglalink, a leading digital operator in Bangladesh, has signed a Memorandum of Understanding (MoU) with the Bangladesh Army on Saturday to urgently deliver immediate relief to the flood-affected people. The devastating flood has submerged homes, farmlands, and roads, causing thousands of people to get stranded and face numerous challenges, like access to clean water, food, and transportation. In the face of this immense crisis, the Bangladesh Army is distributing essential relief materials, including food and water, across the most affected regions. To reach the hardest-hit and most challenging a...

Aug242024 by No Comments

Grameenphone to extend support for flood-affected families in collaboration with Bangladesh Red Crescent Society

Breaking News, Business

In response to the ongoing sudden flood crisis, Grameenphone, has taken immediate initiative to support the flood-affected people. Grameenphone, in collaboration with the Bangladesh Red Crescent Society (BDRCS), will distribute food relief packs to 10,000 families in the flood affected areas. Additionally, five water treatment plants and five mobile medical teams will be deployed based on the onground situation to ensure access to clean drinking water and essential healthcare services. Farhana Islam, Head of ESG of Grameenphone, said, “At Grameenphone, we believe in standing by our communities during such challenging times. Considering the emergency, we promptly acted on this. Besides the initiatives taken by our company, we have also launched an employee donation initiative, where our e...

Aug242024 by No Comments

The first meeting of the newly formed Board of Directors of National Bank was held

Breaking News, Business

The first meeting of the newly formed Board of Directors of National Bank was held on August 22, 2024. In this 505th meeting of the Board, Sponsor Director Mr. Abdul Awal Mintoo was elected as Chairman, and Sponsor Director Mr. Moazzam Hossain was elected as Vice Chairman. The meeting was attended by new board director & shareholder Mr. Zakaria Taher, Independent Director & former Executive Director of Bangladesh Bank Mr. Md. Zulkar Nayn, Independent Director & former Managing Director of Shimanto Bank Mr. Muklesur Rahman, Independent Director Professor Dr. Melita Mehjabeen from the Institute of Business Administration at Dhaka University, and Independent Director & Chartered Accountant Mr. Md. Abdus Satter Sarkar. Md. Touhidul Alam Khan, Managing Director & Chief Exec...