The New Nation - Internet Edition

BUSINESS REPORT

The Half Yearly Managers' Conference-2008 of the Premier Bank Limited was held on July 5 at a hotel in the city. BH Haroon, Vice-Chairman of the Board of Directors of the bank inaugurated the conference as chief guest. Managing Director Khondker Fazle Rashid presided over the conference. Directors Nurul Amin, Independent Director Abu Haniff Khan, Additional Managing Director Md Mokhlesur Rahman, all managers and divisional heads in Head Office of the bank were present on the occasion.

At the end of June 2008, the bank has registered tremendous growth in deposits and advances and earned a hefty profit.

In his speech, BH Haroon lauded the half-yearly achievement of the bank up to June 2008 and called upon the managers to prepare themselves in a way that they could meet the challenges ahead and fulfill the budgetary target allocated for the year.

He expressed his satisfaction for achieving the profit for the half year 2008.

Khondker Fazle Rashid expressed his satisfaction over the efforts and achievement of the bank. He urged the managers to keep up the spirits to sustain the ongoing progress of the bank.

He pointed to personal loan and also financing of small and medium enterprises as a means to achieving the goal. He expressed his commitment to provide the customers with new and diversified products and services in a bid to keep pace with the prevailing market demand.

The conference also discussed various issues namely providing flexible and Innovative banking viz debit card, ATMs, internet services, introducing home banking facilities and position of the bank in CAMELS Rating etc.