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Standard Bank holds its 115th board meeting

Monday, 3 September 2007


FE Report
Standard Bank Ltd held its 115th board meeting in the Conference Room of the bank's Jubilee Road branch in Chittagong recently, said a press release.
Chairman of the bank's board of directors Kazi Akramuddin Ahmed presided over the meeting.
Vice-chairman Mohd Shamsul Alam, Directors Kamal Mostafa Chowdhury, Abdul Ahad, Nurul Huq Sowdagar, Ferdous Ali Khan, Farzana Yousuf and Md Harun Salam also attended the board meeting.
Among others, Managing Director Mosharraf Hossain, Chief Banking Consultant Sahazada Syed Nizamuddin Ahmed, Deputy Managing Director SA Farooqui and Executive Vice-president and Board Secretary AFM Nizamul Islam Chowdhury were present on the occasion.
The board took various important decisions in connection with the bank's investment policy in the fields of trade, commerce and industries and approved proposals received from different branches in respect of financing of working capital for industries and other import, export and commercial trading businesses.