Dhaka, Jan 31 (UNB)- A view exchange meeting between Islami Bank Bangladesh Limited and international corporate consultancy firm Kroll was held at Islami Bank Tower on Thursday.
The meeting discussed compliance issues of Banking rules and regulations where Md Mahbub ul Alam, Managing Director and CEO of the bank was present as chief guest.
Kroll has been working with IBBL since 2015.
Abu Reza Md Yeahia and Taher Ahmed Chowdhury, Deputy Managing Directors, Mohammad Jamal Uddin Mozumder, Executive Vice President and Md Rafiqul Islam, Senior Vice President of IBBL, Omer Erginsoy, Senior Managing Director, Tarun Bhatia, Managing Director and Samarjit Sawant, Associate Director of Kroll along with other executives of the bank were present on the occasion.
Dhaka, Jan 29 (UNB) - United Commercial Bank Limited has organized a five-day-long advance-level workshop on Foreign Exchange and Foreign Trade.
The senior executives of the renowned bank participated in the workshop held at the bank’s Learning and Development Centre in the city’s Gulshan area.
Later, the participants were awarded certificates, says a press release issued Tuesday.
The bank’s Additional Managing Director Arif Quadri, Senior Vice President and also Head of Learning and Development Abul Ali Ahad and other senior officials were present at the certification ceremony.
Dhaka, Jan 28 (UNB)- The local electronics and electrical brand ‘Marcel’ has extended the guaranty period of its’ fridge’ compressors for two years from 10 to 12 years.
Marcel authorities placed this announcement at a programme at the conference room of the company’s corporate office in the capital on Sunday.
The programme was addressed, among others, by Marcel’s Executive Director Eva Rezwana, Head of Service Management System Muzahidul Islam, Head of Legal Affairs Masud Hossain Chowdhury, Brand Ambassador and actor Amin Khan, Media Adviser Enayet Ferdous and the company’s other high officials.
Speaking at the function, Eva Rezwana said, Marcel extended the guaranty period of its fridge compressor with the aim of bringing the successful outcomes of several initiatives to the customers. The initiatives included: manufacturing compressors and its necessary parts at own factory with advanced tools and machineries; improving the quality of compressors continuously by the highly meritorious, skilled and experienced engineers of research and development department; following ‘zero tolerance’ policy by the Quality Control department and thus highly confident on the improved quality.
At the event, the engineers of Marcel fridge compressors said that long-term performance of a fridge is largely depends on the quality of its compressors.
Compressors will provide long-time service when its system function and accuracy will be ensured, mentioning it they said that thus Marcel has brought more perfection in the cooling and accuracy system in its compressors. HFC-free globally recognised environment-friendly R600a refrigerants have been used in the compressors of Marcel fridges.
Service Management System’s Head Muzahidul Islam said “Compressors that are used in Marcel refrigerators will provide services more than the guaranteed period if the customers follow the user guidelines properly. During transportation or placement, the fridges should not be careened more than 30-degree angles. In Addition, customers should start fridge minimum two (2) hours later after the transportation.”
Dhaka, Jan 28 (UNB)- Grameenphone Ltd. registered a 3.4 percent annual growth after reporting a total of tk 132.8 billion as revenue in 2018.
Data revenue grew by 21 percent along with voice revenue growth of 6.6 percent in 2018. During the 4th quarter, total revenue grew by 7.7 percent.
Grameenphone Ltd. acquired 7.4 million new subscribers in 2018, registering 11.3 percent growth. The company also added 5.9 million internet subscribers; 51 percent of total subscribers of Grameenphone Ltd. are using internet services.
“In 2018, we delivered a strong business performance driven by excellent execution in the market. We launched 4G in Bangladesh in February and faced many challenges this year with a tough competitive environment and regulatory directives. We witnessed healthy growth in voice and data revenue” said Michael Patrick Foley, CEO of Grameenphone Ltd.
“Grameenphone Ltd. completed 2018 with a strong performance with efficiency and profitability. We recorded a healthy growth in subscriber base and corresponding usage. Throughout the year there was aggressive competition affecting data pricing, along with the implementation of unified tariff for voice”, said Karl Erik Broten, CFO of Grameenphone Ltd.
He added “With the growth potential of the market and our focus on operational efficiency, simplification, and driving value for our customers, we are optimistic in delivering profitable growth going forward.”
The Board of Directors of Grameenphone Ltd. have recommended 28 BDT per share for the full year 2018 dividend based on the decision taken at the Board Meeting held on 27 January 2019.
With this, the total cash dividend stands at 155% of paid up capital which represents 108% of Profit After Tax for the year 2018 (including 125% interim cash dividend).
The Shareholders as of the record date of 17 February 2019 will be entitled for this final dividend, which is subject to the Shareholders’ approval at the 22nd AGM to be held on 23 April 2019.
“There are many regulatory initiatives of significance currently in discussion phase for implementation during 2019. Some initiatives of note are the anticipated regulations on SMP (significant market power), Tower Sharing Licensing and Quality of Service.
We would like to reiterate our commitment towards meaningful consultations between industry and government that can enrich the industry service propositions further, which in-effect will facilitate the current economic growth momentum of the country,” said Michael Patrick Foley, CEO of Grameenphone Ltd.
Dhaka, Jan 27 (UNB)- Dhaka Central Zone of Islami Bank Bangladesh Limited (IBBL) organised an annual get-together and picnic with participation of the bank’s executives, employees and their family members at Nandan Park of Savar recently.
Md Mahbub ul Alam, Managing Director and CEO of the Bank attended the program as chief guest while Mohammed Monirul Moula, Additional Managing Director of the Bank addressed the program as special guest.
Presided over by Md Shafiqur Rahman, Senior Executive Vice President and Head of Dhaka Central Zone, JQM Habibullah FCS, Deputy Managing Director and Company Secretary, Md Obaidul Haque, Senior Executive Vice President, Mohammod Ullah, Executive Vice President and Head of Dhaka East Zone, Mohammad Jamal Uddin Mazumder, Executive Vice President, Md Aminur Rahman, President of Islami Bank Officers' Kolyan Samity and Senior Vice President, Md Shah Jahan, Senior Vice President of the Bank along with Head of Branches under Dhaka Central Zone were present on the occasion.