The New Nation - Internet Edition

BUSINESS REPORT

The Half Yearly Business Conference 2008 of Shahjalal Islami Bank Limited (SJIBL) was held at Bangladesh-China Freindship Conference Centre in the city on Sunday.

The inaugural ceremony of the conference was presided over by the bank's Managing Director Muhammad Ali, while Akkas Uddin Mollah, Chairman of the Board of Directors was present as the chief guest.

Among others, Founder Chairman of the bank Sajjatuz Jumma, Vice Chairman of the Board Mohammad Farooq, Chairman of the Executive Committee Engr Md Towhidur Rahman, Chairman of the Audit Committee Mohd Solaiman, Directors Abdul Halim and Khandoker Sakib Ahmed, Sponsor Shareholders Anwar Hossain Khan, Mohiuddin Ahmed, Tofazzal Hossain, MA Mannan, Deputy Managing Directors Md Jillur Rahman and Md Mukhter Hossain were also present on the occasion.

Chairman of the Board Akkas Uddin Mollah stated that the bankers should increase their efficiency and ensure best of services to the clients.

He suggested the bankers to contribute to the national economy by creating new entrepreneurs as well as other businesses. Referring to the country's existing defaulting culture, the chairman urged the bankers to be more careful in selecting borrowers. Managing Director Muhammad Ali emphasised on accelerating growth and sustainable development of the bank with concurrent consolidation thereof.

The Managing Director gave necessary guidelines to the officials and branch managers towards strengthening the financial base of the bank.

He also advised the participants to be more sincere and dynamic to increase overall business including import and export.

He expressed his satisfaction for the popularity of deposit and investment schemes of the banks and stressed upon the need for taking necessary measures for further popularization of the schemes.

The meeting evaluated the performance of the last six months of the current year and adopted necessary strategy and action plan to achieve the target for the current year.

High officials of the bank and 27 branch managers took part in the discussion.