• Friday, November 28, 2014

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Brac

Banks adopt global practice to avert fraud

Banks adopt global practice to avert fraud

Banks are going for a centralised banking system that has proved to be an effective method globally to reduce costs and credit and operational risks. Already four private banks -- Brac, Eastern, The City and the newly established NRB Bank -- have introduced the system. Of the foreign banks, HSBC, Standard Chartered and Citi have been following the system for a long time now. Frauds and forgeries get reduced in the centralised banking system because of strong monitoring and supervision, said Ali Reza Iftekhar, managing director of Eastern Bank. Under the...

I have limitations: Quader

I have limitations: Quader

Communications Minister Obaidul Quader today said he had to face "many limitations" while dealing with the roads and communications system. He however said he did not want talk about his limitations since he is a minister of a political government. The politics for vote is one of the main challenges in developing the country’s communications...

Brac USA raises $5m for RMG workers

Brac USA raises $5m for RMG workers

Brac USA, the North American affiliate of Brac, has announced a multi-year fundraising initiative to ensure that progress continues on humanitarian aid and support for workers in the country’s readymade garment industry. Based in Bangladesh the US chapter of the non-government organisation (NGO) in a press release today says it has already raised more...

Brac awards 24 journos, three media houses

Brac awarded 24 journalists from newspapers and three media houses yesterday for their contribution to raising awareness about tuberculosis and its treatment. The award ceremony was held in the capital's Brac Centre Inn yesterday, also World TB Day. Rashid-un-nabi Babu, joint editor of the daily Samakal, Shamsul Haque Zahid, deputy editor of Financial Express, and Shykh Seraj of Channel i received the awards on behalf of their media houses. The jury board selected the awardees based on reports published and/or screened in...

Students to get 21 lakh free internet hours from GP

Students to get 21 lakh free internet hours from GP

Grameenphone will provide 21 lakh free internet hours for schoolchildren in collaboration with development organisation Brac, starting February 21, International Mother Language Day. Under an initiative known as Internet for All, students of 250 schools will be able to use free internet at the Gonokendra, a multi-purpose community learning centre managed by Brac at...

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