Pubali Bank's pre-audit operating profit increases by 47pc
Friday, 20 July 2007
FE Report
Pubali Bank Ltd (PBL) has earned a pre-audit operating profit of Tk 1.47 billion (147 crore) during the first six months of 2007 as against Tk 1.00 billion in the corresponding period of 2006, registering a growth of 47 per cent.
It was disclosed in the 2nd conference 2007 of PBL regional and corporate branch managers, held at the bank's head office Thursday.
PBL board of directors Chairman Hafiz Ahmed Majumder was present in the programme as the chief guest, while Managing Director Helal Ahmed Chowdhury presided over the meeting.
The bank's directors Moniruddin Ahmed, Giasuddin Ahmed, Ahmed Shafi Chowdhury and Habibur Rahman and Alternative Director Kabiruzzaman Yakub also delivered speeches as special guests.
PBL GM of General Services and Development Division AHM Badrul Alam delivered the address of welcome in the conference where the bank's general managers and other senior executives of the head office were present.
At the meeting, PBL's performance for the past six months of the current year was evaluated and necessary strategies adopted for the next six months were discussed.
The PBL chairman, in his speech on the occasion, emphasised expansion of foreign remittance business through modern and better customer service.
He also advised all to work hard, look for new business avenues, adopt diversification, and to make concerted efforts for achieving the target fixed for the year 2007.
PBL Managing Director, in his speech, expressed satisfaction at the bank's half-yearly performance and said, this has been possible due to practice of professional approach by all.
He stressed selection of potential borrowers and enhancement of the bank's business. He also advised all to keep close vigilance on the newly disbursed loans by intensive supervision and monitoring so that they might not become overdue or classified.
The bank's directors have underscored the need for increased utilisation of modern information technology for qualitative improvement in PBL's overall customer service as the bank has to compete in a highly competitive banking environment.
Pubali Bank Ltd (PBL) has earned a pre-audit operating profit of Tk 1.47 billion (147 crore) during the first six months of 2007 as against Tk 1.00 billion in the corresponding period of 2006, registering a growth of 47 per cent.
It was disclosed in the 2nd conference 2007 of PBL regional and corporate branch managers, held at the bank's head office Thursday.
PBL board of directors Chairman Hafiz Ahmed Majumder was present in the programme as the chief guest, while Managing Director Helal Ahmed Chowdhury presided over the meeting.
The bank's directors Moniruddin Ahmed, Giasuddin Ahmed, Ahmed Shafi Chowdhury and Habibur Rahman and Alternative Director Kabiruzzaman Yakub also delivered speeches as special guests.
PBL GM of General Services and Development Division AHM Badrul Alam delivered the address of welcome in the conference where the bank's general managers and other senior executives of the head office were present.
At the meeting, PBL's performance for the past six months of the current year was evaluated and necessary strategies adopted for the next six months were discussed.
The PBL chairman, in his speech on the occasion, emphasised expansion of foreign remittance business through modern and better customer service.
He also advised all to work hard, look for new business avenues, adopt diversification, and to make concerted efforts for achieving the target fixed for the year 2007.
PBL Managing Director, in his speech, expressed satisfaction at the bank's half-yearly performance and said, this has been possible due to practice of professional approach by all.
He stressed selection of potential borrowers and enhancement of the bank's business. He also advised all to keep close vigilance on the newly disbursed loans by intensive supervision and monitoring so that they might not become overdue or classified.
The bank's directors have underscored the need for increased utilisation of modern information technology for qualitative improvement in PBL's overall customer service as the bank has to compete in a highly competitive banking environment.