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KFS defends M-Pesa use at Likoni channel

KFS defends M-Pesa use at Likoni channel
Wednesday May 19 2021
By PHILIP MUYANGA
Summary
The Kenya Ferry Services has defended the rollout of M-Pesa mobile money payment system at the Likoni ferry crossing channel saying it is meant to implement government guidelines to curb Covid spread.
KFS said the government issued the guidelines on measures to be adopted to mitigate severity of the Covid-19 pandemic.
The Kenya Ferry Services has defended the rollout of M-Pesa mobile money payment system at the Likoni ferry crossing channel saying it is meant to implement government guidelines to curb Covid spread.
KFS said the government issued the guidelines on measures to be adopted to mitigate severity of the Covid-19 pandemic. ....

Bakari Hamisi Gowa , Safaricom Ltd , Kenya Ferry Services , National Bank , National Bank Ltd , Managing Director Bakari Hamisi Gowa , Human Rights , கேந்ய படகு சேவைகள் , தேசிய வங்கி , தேசிய வங்கி லிமிடெட் , மனிதன் உரிமைகள் ,

Bangladesh Bank intervenes over commercial lender

Central Banking
Central Banking Newsdesk
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Bangladesh’s central bank has ordered a commercial lender – owned by a controversial family business group – to cease new lending.
The central bank cited regulatory breaches and irregular lending at National Bank Ltd, according to reports in the country’s local media
Bangladesh Bank said NBL’s alleged misconduct relates to both the size of its loan portfolio and procedural irregularities. The central bank said NBL has been lending funds without the approval of its board.
Local newspaper
Proth
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. ....

National Bank Ltd , Bangladesh Bank , தேசிய வங்கி லிமிடெட் , பங்களாதேஷ் வங்கி ,

BB clips National Bank's wings | The Daily Star

BB clips National Bank’s wings
Private lender barred from lending, appointing senior executives for gross irregularities
In a rare move, the central bank has taken a raft of measures to put National Bank Ltd back on track in the wake of massive irregularities at the first-generation private lender.
The Bangladesh Bank said NBL, one of the oldest private banks in the country, would not be able to disburse fresh loans before bringing down the advance deposit ratio (ADR) to 87 per cent.
Conventional banks must maintain an 87 per cent ADR, meaning they can lend Tk 87 against every Tk 100 mobilised.
NBL has been maintaining more than 90 per cent ADR for a long time, breaching the rules, compelling the central bank to take such a decision, BB officials said. ....

Monowara Sikder , Zainul Haque Sikder , Shah Syed Abdul Bari , Serajul Islam , Sikder Group , National Bank Ltd , Banking Companies , Bangladesh Bank , Banking Companies Act , Additional Managing Director , Rongdhanu Builders , Syed Abdul Bari , செராஜுல் இஸ்லாம் , தேசிய வங்கி லிமிடெட் , வங்கி நிறுவனங்கள் , பங்களாதேஷ் வங்கி , வங்கி நிறுவனங்கள் நாடகம் , சையத் அப்துல் பாரி ,

Businessman Zainul Haque Sikder dies aged 88

Staff Correspondent,
bdnews24.com
Zainul Haque Sikder
Businessman Zainul Haque Sikder, chairman of Sikder Group and National Bank, has died at the age of 88.
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Prime Minister Sheikh Hasina and President Abdul Hamid have mourned the businessman.
Zainul left his footprint in several sectors, such as banking and insurance, power, economic zones, aviation, housing, healthcare and education, with the activities of Sikder Group.
The companies under the group include Power Pack Ports, Power Pack Economic Zone, Sikder Insurance, Power Pack Holdings, Sikder Real Estate and Multiplex Holdings.
He established several medical colleges as well as universities. English daily the Bangladesh Post is a publication of Sikder Group. ....

United Arab Emirates , Ron Haque Sikder , Rick Haque Sikder , Parveen Haque Sikder , Abdul Hamid , Sheikh Hasina , Power Pack Holdings , Sikder Group , Multiplex Holdings , Minister Sheikh Hasina , President Abdul Hamid , Power Pack Ports , Power Pack Economic Zone , Sikder Insurance , Sikder Real Estate , Bangladesh Post , Zainul Haque Sikder , Business Man , National Bank Ltd , ஒன்றுபட்டது அரபு அமீரகங்கள் , அப்துல் ஹமிட் , ஷேக் ஹசினா , பவர் ப்யாக் ஹோல்டிங்ஸ் , மல்டிபிளக்ஸ் ஹோல்டிங்ஸ் , அமைச்சர் ஷேக் ஹசினா , ப்ரெஸிடெஂட் அப்துல் ஹமிட் ,