The New Nation - Internet Edition

BUSINESS REPORT

The l30th meeting of the Board of Directors of Standard Bank Ltd was held on June 30 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 Alhaj Mohammad Shamsul Alam, Directors Kamal Mostafa Chowdhury, Alhaj Nurul Haque Sowdagor, Ferdous Ali Khan, Farzana Yousuf, Shaikh Mesba Uddin and SS Nizamuddin Ahmed. Among others, Managing Director (CC) SA Farooqui, DMD Md Nazmus Salehin and Board Secretary AFM Nizamul Islam Chowdhury were also 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.