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05-Nov-2017
Prevention of Money Laundering and Combating Financing on Terrorism Training in a function held at the Bank Asia Institute for Training and Development at Lalmatia, Dhaka

Recently Bank Asia has organized a day-long training program on "Prevention of Money Laundering and Combating Financing on Terrorism" for the officials aiming to build up the awareness regarding AML&CFT issue. Md. Arfan Ali, President & Managing Director of Bank Asia Limited, Mohammad Borhanuddin, DMD & CAMLCO, Md. Murshed Al-Amin, SVP & D-CAMLCO, AMLD, Md. Azharul Islam, Head of Training and Nesar Ahmed, AVP also seen in the picture.  


01-Nov-2017
Bankers-SME Entrepreneurs Congregation and Open Loan distribution Program

Caption: Mr. Fazle Kabir, Governor of Bangladesh Bank is handing over a cheque of Tk. 60.00 lac of Bank Asia Limited to Ms. Ferduse Begum, Proprietor of M/s. Sawun Enterprise, a customer of Bank Asia Barisal Branch at a ceremony of "Bankers-SME Entrepreneurs Congregation and Open Loan Distribution Program" held at Barisal Club Ltd. recently. Mr. Md. Habibur Rahaman, District Commissioner (DC) of Barisal, Mr. Ahmed Kamal Khan Chowdhury, Managing Director of Prime Bank Limited and top executives of different state-run and private banks are also seen in the picture.


30-Oct-2017
a2i enters into an MOU with Mastercard and Bank Asia to strengthen Digital Financial Services

Photo caption: Mr. Kabir Bin Anwar, Director General (Admin) of the Prime Minister’s Office and Project Director of Access to Information (a2i) programme; Mr. Syed Mohammad Kamal, Country Manager for Mastercard Bangladesh, and Mr. Md. Arfan Ali, President & Managing Director of Bank Asia attend a deal signing ceremony at PMO in Dhaka on Monday (October 30, 2017) to offer digital financial services to rural unbanked people of Bangladesh through Union Digital Centres (UDCs). High officials of the three organizations are also seen in the picture.



Access to Information (a2i), Bank Asia and Mastercard entered into a tripartite Memorandum of Understanding (MOU), in an endeavor to offer financial services to rural unbanked people of Bangladesh and make digital payment services accessible all over the country through Union Digital Centers (UDCs).



Mr. Kabir Bin Anwar, Director General (Admin) of Prime Minister’s Office and Project Director of a2i programme, Mr. Syed Mohammad Kamal, Country Manager of Mastercard Bangladesh, and Mr. Md. Arfan Ali, President & Managing Director of Bank Asia inked the deal on behalf of respective organizations at a function held at the Prime Minister’s Office at Old Airport Road in the capital city Dhaka on Monday (October 30, 2017). Officials from respective organizations also attended the program.



Speaking the ceremony Mr. Kabir bin Anwar, Director General (administration), Prime minister’s office and project Director, a2i programme said `if Government and non-government organizations work jointly, the value of government services will increase tremendously to bring overall benefit to much number of the people of Bangladesh, specially the underprivileged citizen of Bangladesh will be benefited from this MOU. It will help to shape citizen-oriented financial products from Union Digital Center through Bank Asia Agent Banking’.



Mr. Syed Mohammad Kamal, Country Manager, Mastercard Bangladesh in his speech said, “This tripartite partnership with Access to information (a2i) and Bank Asia Limited will further strengthens our payment offering to the unbanked and underbanked population. Mastercard is proud to leverage our wide range of technologies to bring people into the financial system. We are delighted about this partnership and believe that it will go a long way with the digital Bangladesh mandate of the government, while benefiting the country as a whole by disbursing subsidy digitally with the support of our latest technologies. We are also happy to get Bank Asia as our partner towards a less cash society”.



Mr. Md. Arfan Ali, President & Managing Director of Bank Asia asserted, “This agreement will give an impetus to the Bank Asia’s effort to ensure rights of country people to have a bank account and reach financial services to doorsteps using the bank’s digital payment platform. I strongly believe this joint effort will play a strong role in changing the horizon of rural economy and contribute to achieve the government’s public service innovation agenda Vision 2021 “



It is expected that this endeavor would contribute to achieving the Government’s vision of making a digital Bangladesh by 2021. A2i will also assist Bank Asia and Mastercard extend financial services through Union Digital Centers which already partnered with Agent Banking. It will foster creation of pro-poor digital financial products and services by linking financial service providers.



Mastercard with the assistance of Access to Information (a2i) and Bank Asia will provide necessary technical knowledge to introduce innovative payment systems in Bangladesh by establishing a digital-payment ecosystem throughout the country. This will be done by producing universal payment instruments for Bank Asia agents to handle e-commerce transactions from the UDCs. Mastercard would also assist a2i and Bank Asia in setting up the Mastercard co-branded payment cards. 


26-Oct-2017
Bank Asia provides Foundation Training to its Officers

Caption: Mr. Mohd Safwan Choudhury, Vice Chairman of Bank Asia poses with the participants of 44th Foundation Training Course in BAITD. Md. Arfan Ali, President & Managing Director of the Bank, DMD Mian Quamrul Hasan Chowdhury, Head of ICCD Md. Sazzad Hossain, Head of HRD KS Nazmul Hasan, Head of Training Azharul Islam, Golam Gaffar Imtiaz Chowdhury, HOB, Lalmatia Branch and Sujit Kumer Sen, AVP, BAITD are, among others, seen in the picture.



Bank Asia provided a month-long 44th Foundation Training to its 47 (Forty- Seven) officers in an effort to improve their professional efficiency. Vice Chairman of Bank Asia Mr. Mohd Safwan Choudhury handed over certificates among the participants in a function held at the Bank Asia Institute for Training and Development (BAITD) at Lalamatia, Dhaka today (Thursday, 26 October, 2017). Md. Arfan Ali, President & Managing Director of the Bank, DMD Mian Quamrul Hasan Chowdhury, SEVP & Head of ICCD Md. Sazzad Hossain, Head of People Management Division (HRD) KS Nazmul Hasan, Head of Training Azharul Islam, Golam Gaffar Imtiaz Chowdhury, VP & HOB, Lalmatia Branch and Sujit Kumer Sen, AVP, BAITD were present.



Bank Asia puts the highest importance on training so as to augment knowledge and skills of its employees.


18-Oct-2017
Bank Asia Vice Chairman A M Nurul Islam Anu passes away

A M Nurul Islam Anu, Vice Chairman of Bank Asia passed away on Wednesday (18 October 2017) at United Hospital, Gulshan, Dhaka. He was 78. He left behind two sons and a host of friends and well-wishers to mourn his death.



A M Nurul Islam Anu was born on December 14, 1939 in a respectable Muslim family of Sirajdikhan Upazila in Munshigonj district. After completion his education, he started his career as a teacher of University of Dhaka in 1961. Later, he joined in Pakistan Civil Service (CSP) in 1963. In Bangladesh Government, he held important assignments, including Private Secretary to the Prime Minister Bangabandhu Sheikh Mujibur Rahman and Joint Secretary to the President of Bangladesh. He had extensive exposure on international development financing issues while working as an economic diplomat in the Washington D.C (USA). He was a Director of National Bank Ltd. and acted as Chairman of its Audit Committee. He joined the Board of Bank Asia in 2008 and acted as the Chairman of Audit Committee and subsequently as Chairman of Risk Management Committee. Nurul Islam Anu was a well-known columnist and contributed extensive in national dailies.



The Board of Directors and the Management of Bank Asia expressed their deep shock at the sad demise of A M Nurul Islam Anu. They prayed for the salvation of his departed soul and extended their deep condolence to the bereaved family members.


10-Oct-2017
Press Release

Caption: Mr. A. Rouf Chowdhury, Chairman of Bank Asia is handing over a cheque of Tk.10.00 million to National Prof. Brigadier (Retd) A Malik and President of National Heart Foundation, Sylhet Prof. Dr. MA Rakib at a simple ceremony held at National Heart Foundation office premises at Mirpur in the capital Dhaka on Tuesday (10 October, 2017) for set up of a post CCU in the hospital’s Sylhet Unit. Chairman of Fund-Raising Committee of the hospital Mr. Hafiz Ahmed Mazumder, Vice Chairman of Bank Asia Mr. Mohd. Safwan Choudhury, Directors of Bank Asia Mr. Rumee A Hossain, Mr. M Shahjahan Bhuiyan and Mr. M. Irfan Syed and President & Managing Director of the Bank Mr. Md. Arfan Ali and Director & CEO of the hospital Col (Retd) Shah Abidur Rahman are, among others, seen in the picture.


09-Oct-2017
School Banking Conference-2017 held in Munshigonj

Caption: Ms. Sayla Farjana, Deputy Commissioner of Munshigonj is seen leading a rally of school-going students prior to inauguration of School Banking Conference-2017 held at Sirajdikhan Upazila of Munshigonj district on Saturday (7 October, 2017). Mr. Md. Arfan Ali, President & Managing Director of Bank Asia, Mr. Md. Rezaul Karim Sarker, Deputy General Manager, Financial Inclusion Department of Bangladesh Bank, Mr. Tanvir Mohammad Azim, Upazila Nirbahi Officer of Sirajdikhan and Mr. Md. Mohiuddin Ahmed, Chairman of Sirajdikhan Upazila Parisad are, among others, seen in the picture.



With an aim to increase savings trends among school-going students, district level School Banking Conference – 2017 was held in Sirajdikhan Upazila in Munshigonj district on Saturday (7 October, 2017). A total of 32 banks, led by Bank Asia, represented in the conference inaugurated by Ms. Sayla Farjana, Deputy Commissioner of Munshigonj in presence of Mr. Md. Arfan Ali, President & Managing Director of Bank Asia.



Mr. Md. Rezaul Karim Sarker, Deputy General Manager, Financial Inclusion Department, Bangladesh Bank, Mr. Tanvir Mohammad Azim, Upazila Nirbahi Officer of Sirajdikhan, Mr. Mr. Md. Mohiuddin Ahmed, Chairman of Sirajdikhan Upazila Parisad and Mr. Md. Abnus Jahan, General Manager, Rupali Bank Limited were, among others, present. Several hundred students from different schools of the district attended the conference having slogan “Education is the best investment”. Earlier in the morning a rally of school students, led by Deputy Commissioner was brought out which paraded some section of upazila headquarters.



Representatives from different banks, local administration, teachers, guardians and local elites attended the meeting expressed solidarity to boost up school banking program in the district considering it a right for student and avenue of building financial strength for their better future.


25-Sep-2017
Bank Asia Provides Foundation Training to Officers

Caption: Md. Arafan Ali, President & Managing Director of the Bank Asia poses with the participants of 44th Foundation Training Course at the inaugural ceremony held at Bank Asia Institute for Training & Development (BAITD) at Lalmatia, Dhaka on Monday (25 September, 2017). Mian Quamrul Hasan Chowdhury, DMD, Md. Sazzad Hossain, Head of ICCD, K.S. Nazmul Hasan, Head of PMD, Md. Azharul Islam, Head of Training, Golam Gaffar Imtiaz Chowdhury, HOB, Lalmatia Branch &. Sujit Kumer Sen, AVP, are also seen in the picture.



Bank Asia kicked off a month long Foundation Training for its 51 (Fifty One) officers aiming to improve their professional efficiency. Mr. Md. Arafan Ali, President & Managing Director of the Bank inaugurated the 44th Foundation Training Course at Bank Asia Institute for Training & Development (BAITD) at Lalmatia in the capital city Dhaka on Monday (25 September, 2017). Mr. Mian Quamrul Hasan Chowdhury, DMD SB&S, Mr. Md. Sazzad Hossain, Head of Internal Control and Compliance Division, Mr. K.S. Nazmul Hasan, Head of People Management Division, Mr. Md. Azharul Islam, Head of Training, BAITD, Mr. Golam Gaffar Imtiaz Chowdhury, HOB, Lalmatia & Mr. Sujit Kumer Sen, AVP, BAITD were present.



Bank Asia puts the highest importance on training so as to augment knowledge and skills on the part of personnel.


24-Sep-2017
Instruction Circular 07/2017

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24-Sep-2017
BANK ASIA ORGANIZED A SEMINAR ON REPORTING OF FOREIGN DIRECT INVESTMENT & INAUGURATED FDI HELP DESK

Caption: Bank Asia has organized a seminar on “Reporting of Foreign Direct Investment & inauguration of FDI Help Desk” recently in the City. Mr. Md. Arfan Ali, President & Managing Director of Bank Asia Ltd. inaugurated the seminar as a chief guest. Mr. Mrinal Kanti Sarker, DGM, Statistics Department, Bangladesh Bank, Senior Executives of the Bank, EVP & Head of International Division- Mr. Md. Zia Arfin seen among others.



Foreign Direct Investment (FDI) is an investment made by a company or entity based in one country, into a company or entity based in another country. Foreign investment plays a very vital role to move economic wheel of the country. Government of Bangladesh has taken some core strategy to attract FDI in Bangladesh. To materialize the strategy, banking industry can play an important role through proactive guidance to potentials foreign investors. Accordingly, to facilitate the potential investors, Bangladesh Bank has advised all authorized dealer banks though its circular letter no. 01 dated July 18, 2017 to set up at least one dedicated FDI Help Desk comprising of competent officials in the Head Office and or main branches in Dhaka and Chittagong. In order to comply with the instruction of Central Bank, Bank Asia has set up the FDI Help Desks at its main Branches in Dhaka & Chittagong to render the full supportive guidance and information to its existing and potential FDI customers.



Bank Asia always plays the leading role by its successful engagement in all aspects of the national economic development.  In this light, to channel more FDI funds, the Bank has established priority help desks at every branch and especially four full time dedicated desks at four designated branches. Previously in 2014, Bank Asia formed a High Skilled FDI support team to render extended services to the FDI clients and to facilitate error free FDI reporting to the regulators. The extended value added services are- placement of skilled and well educated and trained manpower at every branch, providing entire solution to the customer under single services point, strong financial distribution channel all over the country, maintaining close connections with different promoting bodies on behalf of valued FDI clients.  



Mr. Md. Arfan Ali, President & Managing Director of Bank Asia Ltd. inaugurated the seminar as a chief guest. Mr. Mrinal Kanti Sarker, DGM, Statistics Department, Bangladesh Bank, Senior Executives of Corporate Office, EVP & Head of International Division- Mr. Md. Zia Arfin, Head of Branches of Bank Asia, CEO/CFO of different FDI enterprises and Foreign Exchange In-charge of AD Branches of Bank Asia were present in the seminar and opening ceremony of FDI Help Desk.  


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