The New Nation - Internet Edition

BUSINESS REPORT

Prof Abu Nasser Muhammad Abduz Zaher, Chairman, Board of Directors and M. Fariduddin Ahmad, Managing Director of Islami Bank Bangladesh Limited recently visited USA and UK with the objective of development and expansion of business. They exchanged views with of different corporate banks, remittance houses, Bangladeshi businessmen and expatriates in a get together during their visit.

They discussed with top executives of Habib Bank AG Zurich in a meeting. In the meeting they exchanged views concerning bilateral interest and stressed upon the fortification of mutual relationship. They discussed in detail the slackness of global economy and it's influence on the economy of Bangladesh. They discussed remittance while talking with Kushiara Financial Services and decided to take measures for it.

Arab National Bank, Bank Al Bilad, Bank Al Zajira, Banque Saudi Fransi, The National Commercial Bank, Riyadh Bank, The Saudi British Bank, Samba Financial Group, Saudi Hollandi Bank, The Saudi Investment Bank jointly accorded a reception to them. The organisations congratulated Islami Bank Bangladesh Limited for selecting it as the Best Islamic Financial Institution in Bangladesh by Global Finance.

They discussed with the top Executives of City Bank NA, IP Morgan Chase Bank and Habib American Bank the current economic crisis of the world. They also discussed in detail their measures to face the crisis and it's impact on the economy of Bangladesh.

They participated in a meeting of Bangladeshi expatriates of New York and its neighboring areas. They discussed different problems of the expatriates to send their hard earned money to Bangladesh. They heard their opinions and promised to take necessary steps to solve the problems.

They discussed with new Exchange houses to increase the flow of remittance from New York to Bangladesh and they also discussed with present exchange houses about different issues Visit of the team will create opportunity of export business and strengthen the import business in future.