News Briefs--(12-7-2018)

Pubali Bank gets new AMD
Pubali Bank Limited has recently appointed Muhammad Mijanur Rahman Joddar as its Additional Managing Director (AMD-1). Prior to this appointment, he was the Executive Director of Bangladesh Bank (BB). He started his banking career as Officer Class One with the BB. He has almost thirty two years of job experience in the BB.— Statement

ECRL rates BRAC Bank 'AA+"
Emerging Credit Rating Limited (ECRL) has assigned the initial credit rating of BRAC Bank Limited as "AA+" in the long term and "ST-1" in the short term with a stable outlook based on audited financial statements for 2017 and other relevant quantitative as well as qualitative information up to the date of rating. — DSE Online