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Corporate

AIBL holds Business Dev Conference

A Business Development Conference of Al-Arafah Islami Bank Limited (AIBL) was held on Wednesday at the bank’s Head Office in the city. Managing Director of the Bank Md. Habibur Rahman presided over the conference, says a press release. 20140122 - AIBL Business Development Conference PressAmong others, Deputy Managing Director  Md. Mofazzal Hossain, Deputy Managing Director  Kazi Towhidul Alam, Deputy Managing Direct...

Green Delta signs deal with IFC

Green Delta Insurance Company Limited has signed an agreement with International Finance Corporation (IFC) on the Corporate Governance workshop at the capital recently. Press release_IFC_2014Under this Agreement, IFC will conduct workshops for the Board of Directors and Senior Management of Green Delta Insurance Company Limited. This is the first time in Bangladesh such an initiative is being taken by both GDIC and IFC, says a press release. Managing Director and CEO of Gr...

PBL 59 SPOs promoted to AGM

59 Senior Principal Officers of Pubali Bank Limited (PBL) were promoted to Asst. General Manager as recognition for their outstanding performance in the profession. Managing Director and CEO of Pubali Bank Ltd Helal Ahmed Chowdhury handed over the promotion letter to the newly promoted Asst. General Managers as a chief guest. SPO to AGMIn his speech chief guest Helal Ahmed Chowdhury urged everyone to work sincerely and honestly. He also added that one could become successful banker by exploring skil...

Etihad appoints new manager for Bangladesh

Etihad Airways, the national airline of the United Arab Emirates, has appointed Hanif Zakaria as its General Manager for Bangladesh. Hanif joins Etihad Airways from Safi Airways, where he held a number of senior sales positions in the Gulf region. Hanif started his career with British Airways in the airline’s Saudi offices. He then went on to become the Branch Manager of Saudi Tourist and Travel Bureau before moving on to Emirates Airlines where he spent 20 years of his career working mainly in the field of airline trade management. Hanif

UCB provides $ 21.975m to finance 50 MW power plant

United Commercial Bank Ltd (UCB), as the lead arranger for the fund disbursement for financing a 50 MW independent power generation plant namely Baraka Patenga Power Limited raised $ 21.975 million  under the Investment Promotion and Financing Facility (IPFF) of Bangladesh Bank (BB). A Fund Disbursement program was arranged at a local hotel in Dhaka on Tuesday. BB Governor Dr. Atiur Rahman graced the event as Chief Guest. IMG_9926UCB raised the fund under the Investment Promotion and Financing Facili...

Robi hands over insurance cheque

Mobile phone operator Robi Axiata Limited has settled subscribers’ insurance claim in Noakhali recently. Noakhali BIMAMd. Sultan Ahmed received the insurance cheque from Robi amounting BDT 32,000. He is the nominee of Late Abdul Latif, Mojumdar Bari, Ibrahimpur, Senbag, Noakhali. Robi has introduced the Life insurance offer for its prepaid subscribers last year. Subscribers can registrar for this service by dialing *1216*1# or through the agent of Milvik. A fixed amount will be deposited in...