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Pubali Bank likely to sign forex deal with cos

Sunday, 17 February 2008


FE Report
Pubali Bank Managing Director (MD) said the bank is likely to sign foreign exchange deals with Bahrainian and Kuwaiti companies.
He said this at the managers' conference-2008 of Dhaka central, Dhaka north and Dhaka south regions of Pubali Bank Ltd was held at the bank's head office in the city Saturday.
The MD of the bank presided over the programme.
He urged the managers to increase deposit, advance and export-import business of the bank to achieve the target fixed for the year 2008.
He said Pubali Bank recently launched a new credit product titled 'Non-Resident Credit Scheme' for the foreign going job-seekers.
He also laid emphasis on selection of potential borrower and try to enhance bank business.
He stressed the need for recovery of overdue, classified and written-off loans on priority basis.
He advised the regional heads and branch managers to keep a close vigilence so that the newly disbursed loans might not become overdue or classified.
He asked all the officials and employees of the bank to work hard for an increase in remittance rendering best customer services.
He also underscored the need for increased utilisation of the modern Information Techninlogy (IT) for qualitative improvement in the overall customer service of PBL as the bank has to operate in a highly competitive banking sector.
General managers of the bank's head office, regional heads and branch managers from Dhaka central, Dhaka north and Dhaka south regions were present on the occasion.