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Pakistan Hotels Developers : Transmission of Quarterly Report for teh Period Ended September 30, 2023 -October 30, 2023 at 01:53 am EDT

Stock market witnesses another dull session - Newspaper

Banker Morshed victim of secret business of Sharun-547291

Banker Morshed victim of secret business of Sharun Staff Correspondent Nazmul Haque Chowdhury Sharun Young banker and businessman Abdul Morshed Chowdhury became the victim of secret business of illegal money investment of Whip Shamsul Haque Chowdhury’s son Nazmul Haque Chowdhury Sharun. Sharun lends his ill-gotten money to businessmen through others and uses his political clout to realise huge amounts in capital and interests. He also inflicts torture on businessmen if they fail to pay back money as per his demand. The bank official failed to buy relief from Sharun even after paying around Tk 38 crore against a loan of Tk 25 crore. He had to choose the path of suicide failing to bear the political and administrative pressure for paying more, family members said.

SBP Selects 11 Banks for FX Portal

SBP Selects 11 Banks for FX Portal The names of the banks are: Allied Bank Ltd. MCB Bank Ltd. The Bank of Punjab The SBP has launched the FX Regulatory Approval System (RAS) for end-to-end digitalization of the Foreign Exchange (FX) related case submission processes. The objective of this initiative is to provide both individuals and the business community a fully-digitized platform to approach banks for their FX-related requests. The initiative will transform FX operations by replacing paper-based requests with electronic submissions, which is both efficient and cost-effective. ALSO READ The central bank has developed this online platform under the umbrella of its ‘Knowledge Management System’ to digitize its decision-making processes. The system will eliminate the inherent problems related to the paper-based processes and will ensure the timely delivery of its services to stakeholders.

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