Standard Bank observes 16th anniversary

Standard Bank Limited, established in 1991, observed its 16th anniversary yesterday. On the occasion, Kazi Akram Uddin Ahmed, chairman of the bank and immediate past president of FBCCI, inaugurated 100th branch of Standard Bank Limited at Karwan Bazar and launched a new mobile financial service--Spot Cash--at a programme heldin hotel in the capital.

Kazi Akram Uddin Ahmed while addressing at the event said Standard Bank Limited has been working with transparency and accountability and continuously upgrading the bank facilities with modern technology.
He said the private banks of the country are not lagging behind comparing with other international banks in case of modern banking.
The former FBCCI president in addition said: “Bank interest rate of different private banks were initially 17 per cent to 18 per cent while the rate has been declined to 12 per cent to 13 per cent and will be lower in future to single digit as the government is trying to adjust economic indicators”.   
Md Nazmus Salehin, managing director of Standard Bank Limited, Kamal Mostofa Chowdhury, vice chairman, and Ferozur Rahman, S A M Hossain Mohammed Abdul Aziz, Gulzar Ahmed, Md Zahedul Hoque—directors of the bank were also present at the event.  

Standard Bank observes 16th anniversary

Standard Bank Limited, established in 1991, observed its 16th anniversary yesterday. On the occasion, Kazi Akram Uddin Ahmed, chairman of the bank and immediate past president of FBCCI, inaugurated 100th branch of Standard Bank Limited at Karwan Bazar and launched a new mobile financial service--Spot Cash--at a programme heldin hotel in the capital. Kazi Akram Uddin Ahmed while addressing at the event said Standard Bank Limited has been working with transparency and accountability and continuously upgrading the bank facilities with modern technology. He said the private banks of the country are not lagging behind comparing with other international banks in case of modern banking. The former FBCCI president in addition said: Bank interest rate of different private banks were initially 17 per cent to 18 per cent while the rate has been declined to 12 per cent to 13 per cent and will be lower in future to single digit as the government is trying to adjust economic indicators. Md Nazmus Salehin, managing director of Standard Bank Limited, Kamal Mostofa Chowdhury, vice chairman, and Ferozur Rahman, S A M Hossain Mohammed Abdul Aziz, Gulzar Ahmed, Md Zahedul Hoquedirectors of the bank were also present at the event.