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Expansion of foreign remittance thru' modern banking service emphasised

FE Report | Saturday, 26 July 2008


Pubali Bank Limited board of directors Chairman Hafiz Ahmed Majumder laid emphasis on expansion of foreign remittance business through better customer and modern banking service.

The Pubali Bank chairman said this while speaking as the chief guest at the second conference 2008 of regional and corporate branch managers of the bank at its head office in the city Thursday, said a press release.

Chaired by Managing Director of the bank Helal Ahmed Chowdhury, the conference was addressed, among others, by its directors Giasuddin Ahmed, Monzurur Rahman and Fahim Ahmed Faruk Chowdhury.

The chairman advised all to work hard, look for new business avenues, adopt diversification and make concerted efforts for achieving the target fixed for the year 2008.

Directors have underscored the need for increased utilisation of modern information technology (IT) for qualitative improvement in the overall customer service of the bank as it has to operate in a highly competitive banking sector.

The Pubali Bank MD expressed his satisfaction at the half-yearly performance of the bank and said this has been possible due to professional approach and diligence practised by all concerned.

He stressed the need for selection of potential borrowers to enhance the business of the bank.

He advised all to keep close vigilance so that newly disbursed loans might not become overdue or classified, through intensive supervision and close monitoring of the loan.

Business performance of the bank for the last six months of the current year was evaluated and necessary strategies for the next six months were discussed in the conference.

General managers and other senior executives of the head office of the bank were present on the occasion.

Pubali Bank GM (General Services and Development Division) gave the address of welcome in the conference.