The New Nation - Internet Edition

BUSINESS REPORT

The 52nd meeting of the Executive Committee of the Board of Directors of Standard Bank Ltd was held on May 18 last in the Board Room of Head Office of the Bank. The Executive Committee Chairman Kamal Mostafa Chowdhury presided over the meeting. It was attended by members of the committee Farzana Yousuf and Md Ziaul Haque Khondker. Among others, Managing Director Mosharraf Hossain, DMD SA Farooqui and Md. Nazmus Salehin and Board Secretary AFM Nizamul Islam Chowdhury were present at the meeting.

The EC 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 in the meeting.