The New Nation - Internet Edition

BUSINESS REPORT

The 126th board meeting of Standard Bank Ltd was held on May 8 in the Board Room of Head Office of the bank. Chairman of the Board of Directors Kazi Akramuddin Ahmed presided over the meeting.

It was attended by Vice-Chairman Mohammad Shamsul Alam, Director Kamal Mostafa Chowdhury, Abdul Ahad, Alhaj Nurul Haque Sowdagor, Ferdous Ali Khan, Farzana Yousuf, Md. Ziaul Haque Khondker and Shaikh Mesba Uddin. Among others, Managing Director Mosharraf Hossain, DMD SA Farooqui and Md Nazmus Salehin and Board Secretary AFM Nizamul Islam Chowdhury were a present at the meeting.

The board took various important decisions regarding the bank's investment policy in the field of trade, commerce and industries and approved proposals received from different branches in respect of financing of working capital for industries and other import, export and commercial trading businesses.