• Thursday, December 18, 2014

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Brac Bank

Prothom Alo, Brac Bank help poor students

Hasna Hena wanted to quit school to relieve her day labourer father of the burden of paying her tuition fees. However, with the support of some of her teachers, she continued her studies and passed secondary school certificate exam scoring GPA 5. With a scholarship given by Prothom Alo and Brac Bank, she afterwards went to a college in her hometown Mymensingh and scored GPA 5 in the higher secondary certificate examination as well. “I want to do something big in my...

Tk 1.95cr looted from Brac Bank’s Joypurhat branch

Tk 1.95cr looted from Brac Bank’s Joypurhat branch

Burglars looted Tk 1.95 crore from Brac Bank's Joypurhat town branch by breaking open its vault sometimes last night, Bangla daily Prothom Alo reports. The burglars cut the wall of bank housed on the first floor of Shahjahan Plaza in the main town of the northern district, the report added. After cutting the wall, the miscreants broke the vault, Prothom Alo quoted Adbur Rashid Sarkar, officer-in-charge of Joypurhat Sadar Police Station, as saying. In primary estimation, the burglars looted around Tk 1.95 crore, he added. The sum could be confirmed once Joypurhat branch manager of the bank, who is now in Dhaka, returned to the town, he said. Top officials of the local administration including Joypurhat Additional Police Super Abdul Mannan visited the spot around 10:00am today.

Muggers in guise of detectives snatch Tk 28 lakh in Jhalakathi

Muggers in guise of detectives snatched away Tk 28 lakh from two staffers of bKash Ltd, a subsidiary of Brac Bank, in Jhalakathi this afternoon. The bKash employees on a motorbike were going to Kathalia upazila from the district headquarters around 3:30pm to distribute the money among local agents, said Halim Talukdar, a sub-inspector of Jhalakathi Police Station. A group of people identifying themselves as members of Detective Branch of police stopped them on their way in Chhottorkanda area in Sadar...

bKash staff shot for Tk 10 lakh

bKash staff shot for Tk 10 lakh

Miscreants snatched away Tk 10 lakh from a representative of bKash Ltd, a subsidiary of Brac Bank, after shooting him in the capital's Mirpur this afternoon. A pedestrian also sustained bullet wounds in the incident. bKash staff Abul Kalam, 30, and pedestrian Kabir, 28, were whisked off to Dhaka Medical College and Hospital. Two unidentified criminals,...

Banks show mixed trend in dividends

Banks show mixed trend in dividends

Listed banks are demonstrating a mixed trend in dividends declared for 2013. Of the 30 listed banks, 10 have so far distributed profits to the shareholders; four banks declared higher dividends than last year, two have declared lower dividends, while four have given the same dividends as last year, according to data from Dhaka Stock Exchange. Although 2013 was a tough year for banks as business activities were hampered by political unrest, the central bank's move to relax loan rules at the end of the year helped them recover losses, a banker said yesterday. In a notice on December 23, Bangladesh Bank suggested lenders reconsider loan rescheduling and down payments until June...

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