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Cash takes back seat as Covid drives card use


Cash takes back seat as Covid drives card use
The use of both credit and debit cards went up heavily in March as people purchased more products and services through digital means amid the recent resurgence of Covid-19.
Total card loans held by lenders stood at Tk 1,783 crore in March, up 18 per cent from a month ago and 57 per cent year-on-year, data from Bangladesh Bank shows.
The growth in March was also the highest in the last seven months since September last year as the previous highest growth was 24 per cent in August.
Clients dependency on debit cards increased substantially in March as the figure stood at Tk 22,000 crore, up 22 per cent from that a month earlier and 45.33 per cent year-on-year. ....

Mahiul Islam , Pahela Baishakh , Mostafizur Rahman , Arifur Rahman , Ahsan Ullah Chowdhury , Bangla Bank , City Bank , Dhaka Bank , Bangladesh Bank , Brac Bank , Eastern Bank Ltd , Daily Star , Ullah Chowdhury , Kashem Md Shirin , Dutch Bangla Bank , மஹ்ிுள் இஸ்லாம் , குசன் உல்லா சவுத்ரி , பங்களா வங்கி , நகரம் வங்கி , டாக்கா வங்கி , பங்களாதேஷ் வங்கி , ப்ர்யாக் வங்கி , கிழக்கு வங்கி லிமிடெட் , தினசரி நட்சத்திரம் , உல்லா சவுத்ரி , காஷேம் ம்ட் ஷிரின் ,

No challenge, no growth | The Daily Star


No challenge, no growth
Mashrur Arefin, managing director and CEO of The City Bank Ltd, says at The Daily Star’s
The Chief Executive Show powered by Marico
Mashrur Arefin
Every leader has his time in the sun, and it is all about reinventing the sunlight when it is gloomy. Eclipse comes from complacency, and people suffer from inertia if there is no challenge in life.
This is the takeaway for Mashrur Arefin, managing director and chief executive officer of The City Bank Ltd, from his 26-year-long career in the banking industry, at home and abroad.
According to him, a value-driven culture is vital for the entrepreneurial spirit of a company to glow. ....

United States , Prithibi Elomelo Shokalbelay , Mashrur Arefin , Hoye Achhe , Franz Kafka , University Of Dhaka , Grindlays Bank , American Express , City Bank , Victoria University Of Australia , City Bank Ltd , Bangla Academy , Eastern Bank Ltd , Standard Chartered , Mayoro Mule , Complete Stories , Brac Bank Samakal Literary Award , Best Publication , Poristhiti Jehetu Agun Hoye , Victoria University , ஒன்றுபட்டது மாநிலங்களில் , ஃப்ரான்ஸ் காஃப்கா , பல்கலைக்கழகம் ஆஃப் டாக்கா , அமெரிக்கன் எக்ஸ்பிரஸ் , நகரம் வங்கி , விக்டோரியா பல்கலைக்கழகம் ஆஃப் ஆஸ்திரேலியா ,

Hassan O Rashid joins Prime Bank as new managing director and CEO


 
News Desk, 
bdnews24.com
Hassan O Rashid
Hassan O Rashid has joined Prime Bank Ltd as the new managing director and chief executive officer.
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Prior to joining the Prime Bank, Rashid was additional managing director at Eastern Bank Ltd.
In his eight-year stint, he is “lauded for his leadership role in achieving balance sheet growth and driving the transformation journey of the Eastern Bank”, according to a statement from his new office.
Rashid brings in more than 27 years of experience in banking industry both in local and multinational banks in senior positions in corporate, risk management, SME and retail banking. He started his career with Credit Agricole Indosuez and later moved to HSBC and Standard Chartered Bank in different senior leadership positions. ....

United Kingdom , Agricole Indosuez , Garvin School Of Management , Capital University , Eastern Bank , Standard Chartered Bank , Eastern Bank Ltd , Prime Bank , Garvin School , Hassano Rashid , Managing Director , Chief Executive Officer , ஒன்றுபட்டது கிஂக்டம் , கார்வின் பள்ளி ஆஃப் மேலாண்மை , மூலதனம் பல்கலைக்கழகம் , கிழக்கு வங்கி , தரநிலை பட்டய வங்கி , கிழக்கு வங்கி லிமிடெட் , ப்ரைம் வங்கி , கார்வின் பள்ளி , நிர்வகித்தல் இயக்குனர் , தலைமை நிர்வாகி அதிகாரி ,