Business

Dec112024 by No Comments

UCB students to benefit from partnership with Prime Bank PLC

Universal College Bangladesh (UCB) has signed a Memorandum of Understanding (MoU) with Prime Bank PLC, creating new opportunities for UCB graduates to launch their professional careers. The signing ceremony, held at the UCB Campus on 10 December,witnessed a genuine spirit of industry-academia collaboration.Under this agreement, UCB students will gain access to placement and internship opportunities with Prime Bank PLC. The talented young resources will also benefit from training sessions, knowledge-sharing programs, guest lectures, career guidance, and mentorship to support and fastrack their professional development.Representatives from Prime Bank PLC at the event included Deputy Managing Director Nazeem A Choudhury and DMD & Head of HRD Ziaur Rahman. Universal College Banglad...

Dec112024 by No Comments

BRAC Bank hosts exclusive evening for Premium Banking customers

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BRAC Bank has recently hosted an exclusive premium banking evening to celebrate its strong customer relationship.As a financial partner of progress, the bank has reiterated its commitment to outstanding services and innovative financial solutions to valued customers.This prestigious gathering brought together esteemed clients, stakeholders, senior bankers and dignitaries for an evening of networking, celebration, and unveiling of new propositions.The bank’s Chairperson Meheriar M. Hasan, Managing Director & CEO Selim R. F. Hussain greeted the clients at the ceremony held at Hotel Sheraton on December 6, 2024.At the ceremony, the bank formally launched Premium Banking Plus Segment with introduction of VISA Signature Multicurrency Debit Card and also Premium Banking Senio...

Dec112024 by No Comments

NCCBL initiates Digital Banking transformation by FloraBank

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National Credit and Commerce Bank PLC (NCCB) has announced a landmark digital transformation initiative, marking a significant step forward in its commitment to enhanced technological infrastructure and superior customer experiences. NCCB formalized its partnership with Flora Systems Limited through the Agreement signing ceremony on 10th December, 2024 in NCCBL Headquarters, Motijheel. This partnership aims to bolster NCCB's operational efficiency and service quality via the deployment of Flora Systems' advanced core banking solutions. The agreement was signed by Mr. M. Shamsul Arefin, Managing Director, NCCBL and Mr. Mustafa Rafiqul Islam, Chairman & Managing Director, Flora Systems Limited.It is noteworthy that NCCB has been utilizing FloraBank CBS since 2008, having replaced the...

Dec112024 by No Comments

Kazi Fahad elected as national president of JCI Bangladesh for 2025

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Junior Chamber International (JCI) Bangladesh successfully held its National General Assembly at Le Meridien Hotel, Dhaka, recently. The assembly, attended by Local Presidents and National Governing Board Members, finalized the Executive Board for 2025 to lead the organization in the coming year.Kazi Fahad has been elected as the National President of JCI Bangladesh for 2025. A well-known entrepreneur, he serves as the Managing Director of Kazi Printing & Accessories Ltd. and is a Director of BGAPMEA. Under his leadership, JCI Bangladesh is poised to continue fostering dynamic leadership and impactful initiatives.The assembly also announced the formation of the 2025 National Board, which includes a diverse group of young, visionary leaders in both elected and appointed roles. J...

Dec102024 by No Comments

10th YARN, FABRICS & ACCESSORIES SHOW 2024 to Begin on December 11

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The 10th YARN, FABRICS & ACCESSORIES SHOW, a focused sourcing event for yarn, fabrics, and accessories, is scheduled to take place from December 11-14, 2024, at the International Convention City Bashundhara (ICCB), Dhaka. Organized by ASK Trade & Exhibitions Pvt Ltd, the event will feature over 150 international suppliers showcasing a diverse range of yarns, fabrics, accessories, cutting-edge innovations, chemicals, and screen printing machinery—all under one roof.The show is targeted at the Buying Offices, Buying Agents and RMG Exporters, Knit Composite units, Label Manufacturers, Importers, merchandisers, and provides an excellent opportunity for your members looking to source new collections and identify new suppliers at this show. This event will be the Sourcing Gateway of ...

Dec102024 by No Comments

Bangla Bosoti Launches to Make the dream of Homeownership Attainable at Rent Costs

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Bangla Bosoti, the country’s first modern township offering sustainable living, has officially launched near Aminbazar, adjacent to the proposed Dhaka-Hemayetpur Metro Rail Line. This innovative project enables buyers to secure land ownership with a saf-kabla deed by paying only 30% down payment and to build aesthetically designed duplex or triplex homes over the next five years through installments equivalent to average monthly house rent in Dhaka.The launch ceremony, held at the Pan Pacific Sonargaon Hotel in Dhaka, was attended by Ms. Sharmeen S. Murshid, Honorable Advisor to the Ministry of Social Welfare and the Ministry of Women and Children Affairs, as the Chief Guest. Bangla Bosoti’s Chairman and CEO, Mr. Md. Salah Uddin, presided over the event and elaborated on the project’s ...

Dec102024 by No Comments

BRAC Bank TARA promotes women’s talent through dance in ‘Sakhi’

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BRAC Bank’s women banking segment, TARA, promoted ‘Sakhi,’ a unique dance recital featuring 90 talented women from diverse professions.Held on December 6, 2024, at Chhayanaut Auditorium, the evening featured a rich tapestry of performances by women from various professions, each showcasing strength, creativity, and the resolve to chase their dreams.Arthy Ahmed directed the event, Nirjher Chowdhury directed the music, and BRAC Bank TARA patronised it.The recital drew an enthusiastic response, with two back-to-back shows attended by over 500 guests, including 200 TARA customers and their spouses.Syed Abdul Momen, Deputy Managing Director and Head of SME Banking of BRAC Bank, emphasised the bank's commitment to empowering women from all walks of life. “At BRAC Bank, our vision...

Dec102024 by No Comments

UCB Investment Limited got Six Prestigious Awards

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UCB Investment Limited (UCBIL), a wholly owned subsidiary of United Commercial Bank PLC, has achieved a ground breaking milestone by securing six prestigious awards at the FinanceAsia Achievement Awards 2024. This includes two Best House Awards in the Asia Pacific region, encompassing globally significant markets such as Japan, South Korea, Taiwan, India, and more, as well as four Best Deal Awards in South Asia, covering key financial hubs like India, Pakistan, Sri Lanka, and Bangladesh. This historic achievement underscores UCBIL's consistent performance in its journey towards becoming a global investment bank. UCB Investment won the two "House" Awards: Best Islamic Finance House (Winner) and Best Project Finance House (Winner). UCB Investment won the three "Best Deal" Awards, among all ...

Dec92024 by No Comments

FICCI Partners with Government to Attract Global Investors and Expand Business Opportunities in Bangladesh

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The Foreign Investors' Chamber of Commerce & Industry (FICCI) will collaborate with the government to attract international investors and expand business opportunities in the country. FICCI President Zaved Akhtar stated this in the 61st Annual General Meeting (AGM) of the chamber, took place on Thursday, December 5, 2024, at Le Méridien Dhaka.In his opening remarks, FICCI President highlighted FICCI's achievements over the past year, underscoring the Chamber's dedication to creating a favorable investment climate in Bangladesh. He acknowledged the significant contributions of member companies and stressed the importance of joint efforts in driving economic growth and sustainable development.“I am honored and delighted to presided over the 61st AGM of the chamber. As we embark o...

Dec82024 by No Comments

NBL holds Regional Business Conference

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National Bank hosted its Regional Business Conference for Mymensingh on Saturday, December 7, 2024, at the Surjodip Convention Center in Mymensingh. The event was graced by Mr. Abdul Awal Mintoo, Chairman of National Bank, as the Chief Guest. The conference was attended by Mr. Moazzam Hossain, Vice Chairman & Sponsor Director; Mr. Muklesur Rahman, Independent Director & Chairman of the Executive Committee; and Mr. Md. Abdus Satter Sarkar, Independent Director & Chairman of the Audit Committee. Also present were Mr. Md. Touhidul Alam Khan, Managing Director & CEO; Mr. Sheikh Akhter Uddin Ahmed, Deputy Managing Director; and Mr. Ashish Kumar Laskar, Regional Manager of Dhaka North Region & EVP, along with Branch Managers, Operations Managers, and Sub-branch Managers from ...