News Briefs(12-5-2018)

Dhaka Bank honours 'Pay Masters'
Dhaka Bank Limited honoured its regular payee SME customers as 'Pay Masters' for their outstanding performance for over a decade at a ceremony at its corporate office in the city on Thursday. Nine CMSME customers, from various branches, have been awarded for their strong business footprint. Syed Mahbubur Rahman, Managing Director and CEO of Dhaka Bank, was present as the chief guest and Shaikh Md Salim, General Manager, Department of SME & Special Programmes, Bangladesh Bank, and Emranul Hoque, Additional Managing Director, Dhaka Bank, attended the event as special guests. All deputy managing directors and MANCOM members of Dhaka Bank were also present. Shakir Amin Chowdhury, Deputy Managing Director, Operations, presided over the ceremony.
— Statement
SBAC holds AGM
The 5th Annual General Meeting of South Bangla Agriculture and Commerce (SBAC) Bank Limited was held at a city hotel on Thursday. Chairman of the bank SM Amzad Hossain presided over the meeting. Managing Director and CEO of the bank Md Golam Faruque, Additional Managing Director Mostafa Jalal Uddin Ahmed and the directors were present in the meeting. The board of directors recommended 13.50 per cent stock dividend for the year ending on December 31, 2017.
— Statement
New Singer outlet opens in Ramu
Singer Bangladesh Limited has opened a new Singer Pro Dealer outlet 'Zamzam Enterprise-2' at the Bypass Crossing in Ramu Upazila of Cox's Bazaar recently. Managing Director and CEO of Singer Bangladesh Limited MHM Fairoz formally inaugurated the outlet. World-class Singer products like refrigerator, television and other consumer electronics and home appliances will be available at the outlet.
— Statement