News Briefs (09-10-2019)

Islami Bank Bangladesh Limited has been awarded as the Best Remittance Collecting Bank for the year-2018. Md. Mahbub ul Alam, Managing Director & CEO of the Bank, received the award from Finance Minister A.H.M Mustafa Kamal, MP in a program at Institution of Diploma Engineers Bangladesh auditorium on Monday. Fazle Kabir (extreme left), Governor of Bangladesh Bank, also seen.

IBBL gets award for highest remittance collection

Islami Bank Bangladesh Limited has been awarded as the Best Remittance Collecting Bank for the year-2018. Md. Mahbub ul Alam, Managing Director & CEO of the Bank received the award from Finance Minister A.H.M Mustafa Kamal, MP in a program at Institution of Diploma Engineers Bangladesh auditorium on Monday. The program was addressed by Fazle Kabir, Governor of Bangladesh Bank, Md. Ashadul Islam, Senior Secretary, Department of Financial Institutions, Ministry of Finance and Md. Salim Reza, Secretary, Ministry of Expatriates' Welfare & Overseas Employment as special guests. Ahmed Jamal, Deputy Governor of Bangladesh Bank addressed welcome speech. Hasne Alam, Deputy Managing Director & Head of International Banking Wing of IBBL along with top Executives of different banks and expatriates were present on the occasion.

— Statement

City Bank and Karnaphuli Gas Distribution Company Ltd (KGDCL) recently signed an agreement. Under this agreement, City Bank will provide automated collection solution to KGDCL through selected branches and alternative delivery channels.

City Bank inks deal with Karnaphuli Gas

City Bank and Karnaphuli Gas Distribution Company Ltd (KGDCL) have recently signed an agreement. Under this agreement, City Bank will provide automated collection solution to KGDCL through selected branches and alternative delivery channels. Tahsin Haq, Head of Cash Management, Corporate Banking Division of City Bank and Khaiz Ahmed Mozumder, Managing Director of KGDCL signed the agreement on behalf of their respective organizations. The the signing ceremony was held at the KGDCL Head Office in Chattogram. Other senior officials from both the organizations were also present at the event. — Statement