Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1105 Tue. July 10, 2007  
   
Business


Shahjalal Bank unveils plan for Tk 800cr investment
Shahjalal Islami Bank Limited has unveiled a fresh investment plan worth Tk 800 crore for the fiscal year of 2007-08.

Managing Director of the bank M Kamaluddin Chowdhury disclosed it at its 'Annual Business Plan-2007 Conference' at a city hotel Saturday, says a press release.

Dhaka divisional branch managers and executives of the bank attended the conference. Deputy Managing Director Mohammed Ali presented an overview of the bank.

Chowdhury said the areas under productive and environment friendly labour-intensive small and medium enterprises (SMEs) and large units and service sector, general trading, project investment and agriculture sector will be included in the investment programme.

The bank MD said the investment under 'Rural Investment Programme' will cover crop production and purchase of agriculture equipments through selected branches to develop the rural economy. He said Shahjalal Islami Bank will boost its investment in the 'housing investment scheme' this year.