The New Nation - Internet Edition

BUSINESS REPORTER

Pubali Bank Limited held a meeting with the Board of the Directors recently at its Board Room focusing on upgrading of Information Technology.

Hafiz Ahmed Majumder, Chairman, Board of Directors

of Pubali Bank presided over the meeting.

Directors Moniruddin Ahmed, Sk. Wahidur Rahman, Monzurur Rahman, Syed Moazzem Hussain, Ahmed Shafi Chowdhury, Habibur Rahman, Fahim Ahmed Faruk Chowdhury, Rumana Sharif, M. Faizur Rahman, Mostafa Ahmed, Alternative Director Kabiruzzaman Yakub, Managing Director Helal Ahmed Chowdhury, Consultant Rafiqul Islam, General Manager & Chief Financial Officer A.T.M. Hasanuzzaman, General Manager of IT Division M.A. Zubair, General Manager & Chief Technical Officer Mohammad AIi, General Manager & Company Secretary A F M Asaduzzaman & other Sr. Executives were also attended in the meeting.

Details of Online Banking was Discussed in the meeting. Information Technology Division of PBL presented their recent development elaborately. Pubali Bank Limited with its 361 branches is going to introduce Online Banking very soon. It is mentionable that, Pubali Bank is a unique bank in our country to make Real-time Centralised Online Software by using its own manpower. This system is going to implementation. 10 (Ten) Branches of Dhaka, Chittagong & Sylhet will be connected with Online Banking system this year. Gradually all branches will be under Online system. The Management was advised to comply with Bangladesh Bank guidelines in this regard meticulously. The Board took decision to further modernization of IT Division of the Bank.

The Board took decision to continue finance to food grain importers and small importers also. Large loans of the bank were reviewed & the Board expressed their satisfaction as Management vigilant in maintaining prescribed ratio of Bangladesh Bank in this regard.

Board advised management to keep close vigilance so that newly disbursed loans may not become overdue or classified by intensive supervision and close monitoring of the loan. Board also decided to diversify of Bank's products.