Logo opens, formal dispatch starts Padma Bank

Padma Bank Limited formally begun its adventure through uncovering the logo. Lodging Westin, Dhaka, March 16. Photograph: Press discharge 

Padma Bank Limited authoritatively began their voyage. The new bank began its voyage with the dispatch of logo in the capital city Hotel Westin on Saturday. These are said in an official statement of the bank. 

On January 29, 2015, Padma Bank Limited got the notice from Bangladesh Bank. The bank's 68 percent investor has four state-possessed banks - Sonali, Agrani, Janata, Rupali and Investment Corporation of Bangladesh (ICB). Padma Bank Limited has begun take a shot at 57 branches and present day banking offices across the nation. 

Account Adviser Moshiur Rahman was available as the central visitor at the program. In addition, Secretary of the monetary division of Finance Ministry was available. Asadul Islam and Chairman of Padma Bank Chowdhury Nafiz Serafat. Overseeing Director and Chief Executive Officer of the bank was available. Ehsan Khasru 

Sonali Bank Managing Director and Chief Executive Officer Obaid Ullah Al Masud, Managing Director and CEO of Janata Bank. Abdus Salam Azad, Managing Director and CEO of Agrani Bank, Mohammad Shams-ul-Islam, Managing Director and Chief Executive Officer of Rupali Bank. Ataur Rahman Head, Investment Corporation of Bangladesh Managing Director Kazi Sanaul Haque were additionally present. He was joined by the administrator, overseeing chief, CEO of different banks of the nation including effective and well-wishers. 

Administrator of the bank Chowdhury Nafiz Serafat and Managing Director and Chief Executive Officer. Ehsan Khasru told the bank's future activity plan in his announcement. He likewise told about the dispatch of new and appealing item in the coming and coming months. 

The Farmers Bank Limited has been renamed as 'Padma Bank Limited' by the new name. The Bangladesh Bank's financial guideline and strategy office issued the warning on Jan 30. The notice has been sent to the CEOs everything being equal. Subsequently, the bank will currently authoritatively work its tasks for the sake of Padma Bank Limited. It has been referenced that on January 29, 2015, the rundown of planned banks has been transformed from the development of Padma Bank Limited to The Farmers Bank Limited on Tuesday. 

The present governing body engaged the national bank to change the name of the dubious Farmers Bank to 'Padma Bank' on charges of different inconsistencies including advance trick. In perspective on this application, the bank was changed to 'Padma Bank Limited' by changing its name. 

One Firms Bank of the new 9 banks, endorsed in 2013, considered for political thought. Be that as it may, following four years, the bank was in critical straits. In view of the serious crumbling of the circumstance, the bank's director and previous Home Minister Mohiuddin Khan Alamgir was compelled to leave the post at one phase. The Bangladesh Bank has expelled the bank's MD AKM Shamim. 

The legislature is giving capital help to the bank to spare four banks and a venture organization. Aside from this, the bank has an advance of 550 crore taka from the earliest starting point. With capital help, the state-possessed Sonali, Agrani, Janata, Rupali Bank and Investment Corporation of Bangladesh (ICB) have turned into the chiefs of the bank.

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