News Briefs-(30-9-2018)

Farman R Chowdhury

Al-Arafah Bank gets new CEO

Prominent banker Farman R Chowdhury joins Al-Arafah Islami Bank Limited as Managing Director & CEO today (Monday). Prior to his joining the bank, he was the Managing Director & CEO of Shahjalal Islami Bank Limited and ONE Bank Limited and served there five years and six years respectively. Mr. Chowdhury started his banking career in October 1986 as a management trainee in American Express Bank and served there for 12 years in various capacities. He carries with him vast experience in banking operation especially in credit and marketing functions. Mr. Chowdhury holds MBA degree from IBA of the University of Dhaka.— Statement

NCR rates Anlimayarn 'A-'

National Credit Ratings Limited (NCR) has announced the surveillance entity rating of Anlimayarn Dyeing Ltd. as "A-" in the long term and "ST-2" for short term along with a developing outlook based on audited financial statements as on June 30, 2017. — DSE Online

NCR rates ILFSL 'A'

National Credit Ratings Limited (NCR) has announced the surveillance entity rating of International Leasing and Financial Services Ltd. (ILFSL) as "A" in the long term and "ST-2" in the short term along with a developing outlook based on audited financial statements as on December 31, 2017. — CSE Online