Khondker Fazle Rashid, Managing Director of Dhaka Bank, inaugurates an ADM at Dhanmondi model branch in Dhaka recently.

Dhaka Bank Limited launched an automated deposited machine (ADM) at its Dhanmondi model branch in Dhaka.

Khondker Fazle Rashid, Managing Director of the bank, inaugurated the ADM as chief guest recently, said a press release.

Khondoker Rumy Ehsanul Huq was recently promoted to Deputy Managing Director (DMD) of EXIM Bank.
Prior to his promotion,

he was Senior Executive Vice President and Head of Large-Corporate-Syndication, MIS and RMG Division of the bank, said a pres release.

Khondoker Rumy Ehsanul Huq started his banking career with National Bank Limited in 1983.
He obtained his Accounting (Hons) degree from the University of Dhaka and MBA degree from the University of Central Oklahoma in USA.

Khandoker completed Diplomaed Associate of the Institute of Bankers Bangladesh (DAIBB). He joined EXIM Bank in 1999 since the inception of the bank and performed as manager of different branches.

Shahid Hossain, Managing Director of Southeast Bank, along with high officials of the bank, seen launching my remit card in Dhaka on Saturday.

Southeast Bank Limited launched ‘My Remit Card’ for the foreign remittance recipients of the bank at a function in Dhaka on Saturday.

The card holders will be able to withdraw the remittance money by accessing nearby ATM machines without any cash withdrawal fee, said a press release.

In case of malfunctioning of ATM machines, recipients may re-draw cash money from any branches of Southeast Bank. Foreign remittance recipients may collect “My Remit Card” from any of Southeast Bank branches free of charge within 10-15 minutes time.

Expatriate Bangladeshi may remit money to this card number directly through banks or exchange houses from abroad. By using the card, customers of the bank would be able to pay utility bills, transfer the deposit balance from one account to other account through ATM machines.

Md Mofazzal Husain, Managing Director of Rajshahi Krishi Unnayan Bank, along with other officials, seen at a software orientation programme at Nanking Hall in Rajshahi on Saturday.

RAJSHAHI: Rajshahi Krishi Unnayan Bank (RAKUB) will soon be connected with the online banking activities as an effort to going ahead amidst the present time of gradually increasing demands.

The bank management expects that the electronic banking will facilitate to improve services to the clients in general. Already, the branch managers and zonal managers were given necessary instructions for introducing computerization system as early as possible.

With this in view, the bank management held an orientation meeting on software for all 18 zonal managers and 84 selected branch managers and other officers and staffs concerned at Nanking Darbar Hall in the city yesterday.

RAKUB, headquartered in Rajshahi, has been operating its banking activities as the largest development partner in all 16 northwest districts of Rajshahi and Rangpur divisions targeting its agricultural sector and all its sub-sectors.

Addressing the orientation as the chief guest, Mofazzal Hossain, Managing Director of RAKUB, painted importance of the online banking and asked all the officials concerned to take necessary measures in this regard.

“We have no way but to enter into the online banking era to exist in the modern and competitive banking system,” he said adding that the clients also should be familiarized with the modern system.

With Deputy General Manager Golam Mostofa in the chair, Deputy Managing Director Abu Hanif Khan, General Manager (Rajshahi division) Abdul Khaleque Khan, General Manager (Rangpur division) Habibur Rahman and General Manager (Audit, Accounts and Recovery) Nishit Kumar Shaha also spoke on the occasion

Dr. Arif Dowla, Chairman of Mutual Trust Bank, is seen at an AGM at Bashundhara R/A in the city Monday.

Mutual Trust Bank Limited (MTB) approved 10 percent stock dividend for its shareholders for the year ended on December, 2012.

The approval was given at the 14th annual general meeting (AGM) of the bank held at Bashundhara R/A in the city Monday, said a press release.

Dr. Arif Dowla, Chairman of MTB, presided over the meeting.

Syed Manzur Elahi, Founding Chairman, Rashed A Chowdhury, Vice Chairman, MA Rouf JP, Md Abdul Malek, Md Wakiluddin, Anjan Chowdhury and QAFM Serajul Islam, Directors, Anis A Khan,

Managing Director and CEO, Quamrul Islam Chowdhury, Deputy Managing Director and Company Secretary and a large number of shareholders of the bank attended the meeting.

In 2012, MTB earned net profit after tax amounting to Tk 327.86 million and the value of assets was Tk 78,806.55 million.

The bank reported earnings per share (EPS) of Tk 1.29. The balance-sheet footing of the bank increased by 22 percent in 2012 compared to the previous year.

The bank’s deposits have marked a growth by 27.3 percent in the year, while loans and advances moved higher by 20.2 percent.

The Capital Adequacy Ratio (CAR) maintained a 10.70 percent rise in the year compared to the required rate of 10 percent.

In his speech, Arif Dowla thanked the shareholders, customers, patrons, well-wishers, regulators, directors and staff for their support extended over the past year, one of the most tumultuous years in the banking sector.

A number of shareholders spoke at the meeting lauding the performance of the bank.

They also raised various queries which were later addressed by the Managing Director and CEO of the bank.
MTB expanded its branch network to 86 and MTB Securities Ltd branch network to 18.