Dhaka, Jan 12 (UNB)- A two-day business development conference of Islami Bank Bangladesh Limited (IBBL) started at Pan Pacific Sonargaon Hotel in the city on Saturday.
Professor Md. Nazmul Hassan, Ph.D, Chairman of the bank inaugurated the conference as chief guest.
The conference disclosed that as on December 31, 2018, IBBL has reached deposit milestone of Tk.823 billion by adding more than Tk.67 billion in its deposit portfolio. The bank has achieved general investment base of Tk.797 billion.
IBBL reached the milestone of 13 million clients. IBBL has consolidated its leadership in handling import, export and remittance business of Tk.399 billion, Tk.251 billion and Tk.275 billion respectively in 2018.
Md Nazmul Hasan, expressed his satisfaction over the business target achievement in 2018. To accelerate the growth of the bank, he directed the concerned to modernize the internal research and training system.
He called upon the concerned to provide more scope to the youth so that they can overcome the upcoming challenges in the economy and banking sector of the country.
He also instructed the bank officials to popularize the modern financial technologies among the mass people.
Md Mahbub ul Alam, Managing Director and CEO said, Islami Bank like the previous years has been able to uphold the first position in 2018 by all business parameters.
Presided over by Md Mahbub ul Alam, Managing Director and CEO of the bank, the conference was addressed by Professor Dr Md Salim Uddin, FCA, FCMA, Chairman, Executive Committee, Dr Md Zillur Rahman, Chairman, Audit Committee, Major General (Retd.) Engr. Abdul Matin, Chairman, Risk Management Committee, Professor Dr Qazi Shahidul Alam,Helal Ahmed Chowdhury, Mohammed Humayun Kabir, FCA, Md Syful Islam, FCA, FCMA, Md Joynal Abedin, Professor Dr Md Sirajul Karim, Syed Abu Asad and Md Quamrul Hasan, Directors of the bank, Professor Dr Mohammad Abdus Samad, Member Secretary of the Shariah Supervisory Committee also addressed in the programme.
Dhaka, Jan 10 (UNB) – Local brand Marcel is showcasing and selling nearly 300 models of electronics, electrical, home and kitchen appliances in the ongoing Dhaka International Trade Fair (DITF).
“We are showcasing a wide range of appliances in the DITF so that buyers can pick up their necessary electronics, electrical, home and kitchen appliances under one roof,” said Md Sayful Islam, in-charge of Marcel Pavilion.
Marcel brought out new models of various types of appliances with lucrative designs and colours on the occasion of new year and DITF-19, he said.
On the first floor of its two-storey pavilion, 72 energy saving fridges are showcased. It is also displaying seven models of energy saving air conditioners with latest technology.
The pavilion was decorated with around 30 types of products like frost and non-frost refrigerators, freezers, LED and smart televisions, air conditioners, washing machine, microwave ovens, room heater, ceiling fans, wall fans, rechargeable fans, kitchen cookware and others sorts of home appliances to attract visitors and buyers.
“Customers’ preference to Marcel products is sharply going up. At the DITF, visitors and buyers will show great interest in Marcel Pavilion,” hoped Dr Md Shakhawat Hossen, head of sales of Marcel.
Dhaka, Jan 10 (UNB)- Islami Bank Bangladesh Limited inaugurated its premier pavilion at the Dhaka International Trade Fair 2019 on Wednesday.
Md Mahbub ul Alam, Managing Director and CEO of Islami Bank Bangladesh Limited inaugurated the premier pavilion as chief guest.
Abu Reza Md Yeahia, Deputy Managing Director of the bank was present in the program as special guest M Zubayer Azam Helali, Senior Vice President, Nazrul Islam, Senior Assistant Vice President, Bank officials, visitors and journalists were present on the occasion.
Opening of IBBL account, withdrawal of money from ATM booth, deposit through deposit machine and banking information are available at the pavilion.
The Islami Bank Pavilion No. 33 at the Trade Fair has been decorated with attractive architectural design.
Dhaka, Jan 10 (UNB) – Indian company KEC has won the contract for installation of the country’s longest 400 kV power transmission line.
The Power Grid Company of Bangladesh (PGCB), which is entrusted with power grid operation, awarded the contract to KEC to build the 214- km long high tension transmission line from Meghnahgat of Narayanganj to Madunaghat of Chattagram.
As per the contract, the Indian firm will build the double circuit transmission line within next 34 months at a contract value of Tk 1,734 crore on a turnkey basis.
This would be the longest transmission line in the country in terms of contract value and time as well, said a top official of the PGCB.
A press release of PGCB mentioned that the organisation signed a contract with the KEC on Thursday to award it the contract.
It said this would be the main transmission line between Dhaka and Chattagram which will improve the power transmission capacity and bring different benefits to the power system including reduction of system loss.
Currently, power is being transmitted between Dhaka and Chattagram through a 230 kV and 132 kV transmission lines.
PGCB officials said the biggest benefit will be that this transmission line will facilitate power transmission from the proposed 1200 MW Matarbari power plant in Cox’s Bazar to Dhaka.
They informed that PGCB has undertaken the project with financial support from Japan International Cooperation Agency (JICA).
Bangladesh government and PGCB also funded the project under the Dhaka-Chattgram Main Power Grid Strengthening Project, they added.
PGCB company secretary Ashraf Hossain and KEC country director Kuldeep Kumar Sinha signed the contract on behalf of their respective sides.
PGCB managing director Masum Al Beruni, executive directors Emdadul Islam, Safayet Hossain, Khondaker Abdul Hai, project director Yakub Ali, KEC chief manager Kishore Talekar and Deepak Yadav were also present on the occasion.
Dhaka, Jan 9 (UNB) - NOVOAIR announced a 10% discount for frequent flyer program-SMILES members marking its 6th anniversary.
The tickets could be purchased from any NOVOAIR counter from January 9-13 which will be valid till 31 December 2019.
NOVOAIR introduced “SMILES” frequent flyer program for its valuable customers for the first time in Bangladesh.
NOVOAIR is celebrating its 6th anniversary with travel agencies across the country and its valued passengers.
From 2013 to 2018, NOVOAIR operated more than 47,500 flights and carrying over 25 lac passengers with 98.97 percent remarkable on time performance.
Currently, NOVOAIR operates daily flights from Dhaka to Chattogram, Cox's Bazar, Jashore, Sylhet, Saidpur, Barishal, Rajshahi and Kolkata with six ATR 72-500 aircraft.