Islami Bank Bangladesh Limited organized a workshop on “Prevention of Money Laundering & Terrorist Financing” at Islami Bank Tower on Tuesday.
Md. Mahbub ul Alam, Managing Director and CEO of the bank addressed the workshop, as chief guest, said a press release.
Abu Reza Md. Yeahia, Deputy Managing Director and CAMLCO, Dr. M. Kamal Uddin Jasim, D-CAMLCO, Md. Rafiqul Islami, Executive Vice President and Shuaib Ahmed, Senior Assistant Vice President addressed the workshop as Resource Persons.
Concerned executives, employees and auditors of the bank attended the workshop.
United Commercial Bank Limited (UCB) opened it’s 195th branch at North Gulshan in the capital on Thursday.
Land Minister Saifuzzaman Chowdhury inaugurated the branch as Chief Guest.
Nurul Islam Chowdhury, Director, United Commercial Bank Limited and Mohammed Shawkat Jamil, Managing Director, United Commercial Bank Limited were also present as special guests.
United Commercial Bank Limited, one of the largest private commercial banks of the country is committed to give the best service to clients with a wide range of branch networks all over the country since 1983.
All banks in Bangladesh will charge maximum 9 percent interest rate in providing industrial loans from January 1 next.
The decision was taken at a meeting of the Bangladesh Bank Governing Board on Tuesday.
Central bank Governor Fazle Kabir presided over the meeting while Finance Secretary, Banking Division Secretary and National Board of Revenue (NBR) chairman, who are also board members, attended the meeting.
“After analysing different aspects of a report submitted by a committee formed by the central bank in this regard, the BB Governing Board took the decision,” Sirajul Islam, spokesman of the Bangladesh Bank, told UNB.
He also said the central bank will now issue a circular asking the banks to follow the new interest rate to be charged for industries, including the manufacturing sector.
All kinds of industrial loans, including working capital, will come under the new rate, Sirajul added.
The central bank’s new decision came against the backdrop of recent remarks of Finance Minister AHM Mustafa Kamal who said all the banks would follow a single-digit interest rate from the first day of the New Year.
Talking to reporters after a meeting of the Cabinet Committee on Public Purchase on December 18, he mentioned that bank owners had promised to Prime Minister Sheikh Hasina to bring down the interest rate to single digit and took huge advantages with this commitment. But the promise of lowering the bank interest rate still remained unimplemented.
Mustafa Kamal had said all banks were given time to execute the order and now they are ready to lower the interest rate. “You’ll see the result once the central bank issues the circular,” he said.
He said lowering the interest rate to a single digit will ease many tasks for the industries, especially the manufacturing sector.
Islami Bank Bangladesh Limited (IBBL) provided scholarship to the wards of in-service deceased employees in a programme at Islami Bank Tower on Monday.
Md Mahbub ul Alam, Managing Director and CEO of the Bank addressed the programme as the Chief Guest where Mohammed Monirul Moula, Additional Managing Director were special guests.
Md Saleh Iqbal, Deputy Managing Director presided over the programme where Mohammad Ali, Abu Reza Md Yeahia, Taher Ahmed Chowdhury, Hasne Alam, Md Abdul Jabbar and Md Omar Faruk Khan, Deputy Managing Directors of the Bank were present.
NSM Rezaur Rahman, Senior Vice President addressed the welcome speech.
Top executives and wards of in-service deceased employees of the bank were also present in the programme.
Islami Bank Bangladesh Limited inaugurated its 357th Branch at Lama Bazar in Bandarban on Monday. Muhammad Qaisar Ali, Additional Managing Director of the Bank, inaugurated the branch as chief guest.
Presided over by Muhammad Shabbir, Executive Vice President, Md. Mostofa Jamal, Chairman, Lama Upazila Parishad addressed the program as Guest of Honour, said a press release.
Noor-E-Jannat Rumi, Upazila Nirbahi Officer, Md. Rezwanul Islam, Assistant Superintend of Police, Md. Zahirul Islam, Mayor, Lama Paurasabha, G M Md Gias Uddin Quader, Head of Chattogram South Zone of the Bank, Bathoaiching Marma, social worker, Japan Barua & Bidhan Kanti Das, businesspersons addressed the program among others. Mohammad Munirul Kabir, Head of Lama Branch thanked the guests.
Local businesspersons, academicians, professionals and social elites were present on the occasion.