Annual Report 2018

Total Page:16

File Type:pdf, Size:1020Kb

Annual Report 2018 Prime Bank ANNUAL REPORT Prime Bank Prime Bank 2018 Prime Bank Prime Bank PrimePrime BBank Prime Bank Prime BBankank Prime B Prime Bank Prime Bank Prime Bank Prime B LETTER OF TRANSMITTAL To The Shareholders, Bangladesh Bank, Bangladesh Securities and Exchange Commission, Registrar of Joint Stock Companies & Firms, Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited Dear Sir(s), Subject: Annual Report - 2018 We forward herewith Annual Report-2018 of Prime Bank Limited and its Subsidiaries namely Prime Exchange Co. Pte. Limited, Singapore, PBL Exchange (UK) Limited, PBL Finance (Hong Kong) Limited, Prime Bank Investment Limited, Prime Bank Securities Limited and the dedicated CSR Wing of the Bank, Prime Bank Foundation. The Report includes Audited Financial Statements, Balance Sheet, Profit and Loss Account, Changes in Equity, Cash Flow Statement along with notes thereto on the position of the bank at the closing of businesses on 31st December 2018 for your kind perusal and record please. Yours sincerely, Mohammed Ehsan Habib Company Secretary ANNUAL REPORT 2018 CONTENTS General Information Risk Management Financial Statements of Islamic Financial Statements of PBL Exchange Banking Branches (UK) Ltd. Vision, Mission & Core Values 5 Risk Management Framework & Forward Looking Statement 6 Mitigation Methodology 129 Balance Sheet 313 Independent Auditors' Report Corporate Proile 8 Market Discipline Disclosure on Proit and Loss Account 315 to the Members of PBL Exchange (UK) Ltd. 414 Five Years’ Financial Summary 10 Risk Based Capital (Basel-III) 141 Cash Flow Statement 316 Proit and Loss Account 416 PBL Milestones 12 Statement of Changes in Equity 317 Balance Sheet 418 Awards and Recognitions 14 Sustainability Analysis Notes to the Financial Statements 318 Statement of Changes in Equity 419 Strategic Priorities 16 Statement of Cash Flow 420 Sustainability Report 170 Group Structure 17 Financial Statements of O-shore Banking Units Notes to the Financial Statements 421 Social Responsibility Initiatives 172 PBL Organogram 18 Report on Prime Bank Foundation 173 Balance Sheet 332 Corporate Philosophy 19 Financial Statements of PBL Finance Green Banking Report 193 Proit and Loss Account 334 Corporate Culture 196 (Hong Kong) Ltd. Board of Directors & Management Proile Cash Flow Statement 335 Capital Plan 197 Notes to the Financial Statements 336 Independent Auditors' Report to the Members Composition of Board and its Committees 21 Environmental & Social Initiatives 198 of PBL Finance (Hong Kong) Ltd. 427 Directors‘ Proile 22 Financial Statements of Prime Bank Statement of Income and Retained Earnings 429 Senior Management & Committees 31 Integrated Reporting Investment Limited Statement of Financial Position 430 List of Executives 36 Integrated Reporting 201 Notes to Statement of Cash Flows 431 Auditors' Report to the Shareholders 345 Statement of Value Added and its Distribution 215 Notes to the Financial Statements 432 Message from the Chairman and Statement of Financial Position 347 Economic Value Added Statement 215 Managing Director & CEO Statement of Proit or Loss and Market Value Added Statement 216 Financial Statements of Prime Bank Foundation Other Comprehensive Income 348 From the o¡ice of the Chairman 40 Statement of Changes in Equity 349 Independent Auditors' Report to the Shareholders' Information Managing Director & CEO's Review 43 Statement of Cash Flows 350 Members of the Foundation 439 Horizontal Analysis 218 Notes to the Financial Statements 351 Statement of Financial Position (Balance Sheet) 441 Corporate Governance Vertical Analysis 219 Statement of Proit or Loss and other Comprehensive Directors' Report 48 Graphical Presentation 220 Financial Statements of Prime Bank Income (Income and Expenditure Statement) 442 Corporate Governance Report 61 Distribution of Shareholdings 222 Securities Limited Receipts and Payments Statement 443 Certiicate on Corporate Governance 69 Shares held by Directors 222 Auditors' Report to the Shareholders 369 BSEC Checklist on Corporate Governance 70 Market Price Information 223 Supplementary Information Statement of Financial Position 371 Statement of the Board of Directors 81 Financial Calendar 2018 223 Statement of Proit or Loss and Human Resource Accounting 446 Statement of the Audit Committee 83 rd Other Comprehensive Income 372 Glimpses of 23 Annual General Meeting 448 CEO & CFO’s Declaration to the Board 85 Financial Statements Statement of Changes in Equity 373 Branch Network 449 Report on Activities of the Audit Committee 86 Notable Activities During 2018 456 Independent Auditors’ Report to the Shareholders 225 Statement of Cash Flows 374 Report on Activities of the Risk Management Committee 88 Redressal of Investors Complaints 458 Consolidated Balance Sheet 230 Notes to the Financial Statements 375 CRO’s Report on Risk Management 89 Minutes of 23rd Annual General Meeting 459 Consolidated Proit and Loss Account 232 Ethics & Compliance 91 Notice of the 24th Annual General Meeting 463 Consolidated Cash Flow Statement 234 Financial Statements of Prime Exchange Co. Acronyms 464 Consolidated Statement of Changes in Equity 235 PTE. LTD., Singapore Business Review and Analysis Proxy Form 465 Balance Sheet 236 Independent Auditor's Report Management Review 95 Proit and Loss Account 238 to the Member of Prime Exchange Co. Pte. Ltd. 392 Segmental Analysis 116 Cash Flow Statement 239 Statement of Proit or Loss Report on Human Resource Management 118 Statement of Changes in Equity 240 & Other Comprehensive Income 394 Report on Non-performing Asset (NPA) 123 Notes to the Financial Statements 241 Products and Services 126 Statement of Financial Position 395 Statement of Changes in Equity 396 Statement of Cash Flows 397 Notes to the Financial Statements 398 CONTENTS General Information Risk Management Financial Statements of Islamic Financial Statements of PBL Exchange Banking Branches (UK) Ltd. Vision, Mission & Core Values 5 Risk Management Framework & Forward Looking Statement 6 Mitigation Methodology 129 Balance Sheet 313 Independent Auditors' Report Corporate Proile 8 Market Discipline Disclosure on Proit and Loss Account 315 to the Members of PBL Exchange (UK) Ltd. 414 Five Years’ Financial Summary 10 Risk Based Capital (Basel-III) 141 Cash Flow Statement 316 Proit and Loss Account 416 PBL Milestones 12 Statement of Changes in Equity 317 Balance Sheet 418 Awards and Recognitions 14 Sustainability Analysis Notes to the Financial Statements 318 Statement of Changes in Equity 419 Strategic Priorities 16 Statement of Cash Flow 420 Sustainability Report 170 Group Structure 17 Financial Statements of O-shore Banking Units Notes to the Financial Statements 421 Social Responsibility Initiatives 172 PBL Organogram 18 Report on Prime Bank Foundation 173 Balance Sheet 332 Corporate Philosophy 19 Financial Statements of PBL Finance Green Banking Report 193 Proit and Loss Account 334 Corporate Culture 196 (Hong Kong) Ltd. Board of Directors & Management Proile Cash Flow Statement 335 Capital Plan 197 Notes to the Financial Statements 336 Independent Auditors' Report to the Members Composition of Board and its Committees 21 Environmental & Social Initiatives 198 of PBL Finance (Hong Kong) Ltd. 427 Directors‘ Proile 22 Financial Statements of Prime Bank Statement of Income and Retained Earnings 429 Senior Management & Committees 31 Integrated Reporting Investment Limited Statement of Financial Position 430 List of Executives 36 Integrated Reporting 201 Notes to Statement of Cash Flows 431 Auditors' Report to the Shareholders 345 Statement of Value Added and its Distribution 215 Notes to the Financial Statements 432 Message from the Chairman and Statement of Financial Position 347 Economic Value Added Statement 215 Managing Director & CEO Statement of Proit or Loss and Market Value Added Statement 216 Financial Statements of Prime Bank Foundation Other Comprehensive Income 348 From the o¡ice of the Chairman 40 Statement of Changes in Equity 349 Independent Auditors' Report to the Shareholders' Information Managing Director & CEO's Review 43 Statement of Cash Flows 350 Members of the Foundation 439 Horizontal Analysis 218 Notes to the Financial Statements 351 Statement of Financial Position (Balance Sheet) 441 Corporate Governance Vertical Analysis 219 Statement of Proit or Loss and other Comprehensive Directors' Report 48 Graphical Presentation 220 Financial Statements of Prime Bank Income (Income and Expenditure Statement) 442 Corporate Governance Report 61 Distribution of Shareholdings 222 Securities Limited Receipts and Payments Statement 443 Certiicate on Corporate Governance 69 Shares held by Directors 222 Auditors' Report to the Shareholders 369 BSEC Checklist on Corporate Governance 70 Market Price Information 223 Supplementary Information Statement of Financial Position 371 Statement of the Board of Directors 81 Financial Calendar 2018 223 Statement of Proit or Loss and Human Resource Accounting 446 Statement of the Audit Committee 83 rd Other Comprehensive Income 372 Glimpses of 23 Annual General Meeting 448 CEO & CFO’s Declaration to the Board 85 Financial Statements Statement of Changes in Equity 373 Branch Network 449 Report on Activities of the Audit Committee 86 Notable Activities During 2018 456 Independent Auditors’ Report to the Shareholders 225 Statement of Cash Flows 374 Report on Activities of the Risk Management Committee 88 Redressal of Investors Complaints 458 Consolidated Balance Sheet 230 Notes to the Financial Statements 375 CRO’s Report on Risk Management
Recommended publications
  • Bangladesh Workplace Death Report 2020
    Bangladesh Workplace Death Report 2020 Supported by Published by I Bangladesh Workplace Death Report 2020 Published by Safety and Rights Society 6/5A, Rang Srabonti, Sir Sayed Road (1st floor), Block-A Mohammadpur, Dhaka-1207 Bangladesh +88-02-9119903, +88-02-9119904 +880-1711-780017, +88-01974-666890 [email protected] safetyandrights.org Date of Publication April 2021 Copyright Safety and Rights Society ISBN: Printed by Chowdhury Printers and Supply 48/A/1 Badda Nagar, B.D.R Gate-1 Pilkhana, Dhaka-1205 II Foreword It is not new for SRS to publish this report, as it has been publishing this sort of report from 2009, but the new circumstances has arisen in 2020 when the COVID 19 attacked the country in March . Almost all the workplaces were shut about for 66 days from 26 March 2020. As a result, the number of workplace deaths is little bit low than previous year 2019, but not that much low as it is supposed to be. Every year Safety and Rights Society (SRS) is monitoring newspaper for collecting and preserving information on workplace accidents and the number of victims of those accidents and publish a report after conducting the yearly survey – this year report is the tenth in the series. SRS depends not only the newspapers as the source for information but it also accumulated some information from online media and through personal contact with workers representative organizations. This year 26 newspapers (15 national and 11 regional) were monitored and the present report includes information on workplace deaths (as well as injuries that took place in the same incident that resulted in the deaths) throughout 2020.
    [Show full text]
  • Land Resource Appraisal of Bangladesh for Agricultural
    BGD/81/035 Technical Report 3 Volume II LAND RESOURCES APPRAISAL OF BANGLADESH FOR AGRICULTURAL DEVELOPMENT REPORT 3 LAND RESOURCES DATA BASE VOLUME II SOIL, LANDFORM AND HYDROLOGICAL DATA BASE A /UNITED NATIONS DEVELOPMENT PROGRAMME FAo FOOD AND AGRICULTURE ORGANIZATION vJ OF THE UNITED NATIONS BGD/81/035 Technical Report 3 Volume II LAND RESOURCES APPRAISAL OF BANGLADESH FOR AGRICULTURALDEVELOPMENT REPORT 3 LAND RESOURCES DATA BASE VOLUME II SOIL, LANDFORM AND HYDROLOGICAL DATA BASE Report prepared for the Government of the People's Republic of Bangladesh by the Food and Agriculture Organization of the United Nations acting as executing agency for the United Nations Development Programme based on the work of H. Brammer Agricultural Development Adviser J. Antoine Data Base Management Expert and A.H. Kassam and H.T. van Velthuizen Land Resources and Agricultural Consultants UNITED NATIONS DEVELOPMENT PROGRAMME FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS Rome, 1988 The designations employed and the presentation of material in this publication do not imply the expression of any opinion whatsoever on the part of the Food and AgricultureOrganization of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. All rights reserved. No part of this publication may be reproduced, stored ina retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopyingor otherwise, without the prior perrnission of (he copyright owner. Applications for such permission,with a statement of the purpose and extent of the reproduction, should be addressedto the Director, Publications Division, Food and Agriculture Organization of the United Nations, Viadelle Terme di Caracarla, 00100 Home, Italy.
    [Show full text]
  • Annual Human Rights Bulletin- Bangladesh Situation 2017
    Annual Human Rights Bulletin Bangladesh Situation 2017 HUMAN RIGHTS SUPPORT SOCIETY [HRSS) www.hrssbd.org Annual Human Rights Bulletin Bangladesh Situation 2017 HUMAN RIGHTS SUPPORT SOCIETY (HRSS) www.hrssbd.org Annual Human Rights Bulletin Bangladesh Situation 2017 HRSS Any materials published in this Bulletin May be reproduced with acknowledgment of HRSS. Published by Human Rights Support Society 3D, 3rd Floor, Nurjehan Tower Outer Circular Road, Banglamotor Dhaka-1000, Bangladesh. Email: [email protected], [email protected] Website: www.hrssbd.org Cover & Graphics [email protected] Published in July 2018 Price: TK 200 US$ 10 ISSN-2413-5445 BOARD of EDITORS Md. Nur-KKhan Adviser Md. Nazmul Hasan Editor Executive Editors Md. Omar Farok Md. Imamul Hossain Research & Publication Advocacy & Networking Aziz Aktar Md. Saiful Islam Monitoring & Documentation Fact findings and Investigation Acknowledgments States are the most responsible authorities to protect the rights of citizens with the help of law enforcement agencies so that people can enjoy their rights. The government is the legitimate custodian and savior of the civil rights of all its citizens. According to social scientists, when a state fails to ensure the protection of human rights of its citizens, it is considered as failed state. The United Nations possesses the authority to monitor the actions of member States for the protection and promotion of human rights around the globe. Bangladesh, as a member of the United Nations and signatory to a large number of international human rights treaties and conventions, has an obligation to ensure the rights of its people. Moreover, a number of universally declared human rights have been guaranteed in Part-III of the Constitution of the People’s Republic of Bangladesh.
    [Show full text]
  • Refining Tourists' Place Experience Through Placemaking: a Case Study
    REFINING TOURISTS’ PLACE EXPERIENCE THROUGH PLACEMAKING: A CASE STUDY OF DHAKA by Sharmin Afroz Shumi MASTER OF URBAN AND REGIONAL PLANNING Department of Urban and Regional Planning Bangladesh University of Engineering and Technology Dhaka February 2011 REFINING TOURISTS’ PLACE EXPERIENCE THROUGH PLACEMAKING: A CASE STUDY OF DHAKA Submitted by SHARMIN AFROZ SHUMI Roll 040515048, Session April 2005 A thesis submitted to the Department of Urban and Regional Planning, Bangladesh University of Engineering and Technology in partial fulfilment of the requirements for the degree of Master of Urban and Regional Planning by course and thesis. DEPARTMENT OF URBAN AND REGIONAL PLANNING BANGLADESH UNIVERSITY OF ENGINEERING AND TECHNOLOGY DHAKA, BANGLADESH February 2011 Dedicated to My loving husband Sirajul Amin & My son Ruslan Riasatal Amin My daughter Ludmila Arishah Amin ACKNOWLEDGEMENT In the name of Allah, most Gracious, most Merciful. My deepest gratitude is to Almighty Allah for granting me the opportunity to complete the thesis. Alhamdulillah. I wish to express my sincere gratitude to a number of people for their contribution in assisting and guiding me to complete this thesis. In particular, to my thesis supervisor, Dr. Roxana Hafiz, Professor, Department of urban and Regional Planning, Dean, Faculty of Architecture & Urban and Regional Planning, BUET for her guidance, encouragement and motivation. Without her support it would have been difficult for me to come to this stage. I would like to show my gratitude to Dr. Sarwar Jahan, Professor and Head of the Department of Urban and Regional Planning, BUET, for cooperation and support during the research. Heartfelt thanks to Dr. Ishrat Jahan, Associate Professor, Department of Urban and Regional Planning, BUET, for her valuable recommendation about the thesis.
    [Show full text]
  • Annual Report 2007.Pdf
    7th ICAB National Awards for Best Published Accounts and Reports 2006 In the year 2007 we have made significant strides towards becoming one of the top financial institutions of the country. This inspires us to unlock our potential in emulating similar feat through further diversifying our products and Mr. Mafizuddin Sarker, Managing Director of LankaBangla Finance Limited is seen with services in 2008. the award in the presence of Dr. A B. Mirza Md. Azizul Islam, the Honorable Advisor of Finance, Planning, Commerce, Post & Telecommunication and Mr. Faruq Ahmed Siddiqi, Chairman, SEC This is a recognition of our transparency in disclosure of information and adherence to accounting practices in accordance with national and international standards. We dedicate this award to all our valued shareholders, clients, patrons and employees. 7th ICAB National Awards for Best Published Accounts and Reports 2006 In the year 2007 we have made significant strides towards becoming one of the top financial institutions of the country. This inspires us to unlock our potential in emulating similar feat through further diversifying our products and Mr. Mafizuddin Sarker, Managing Director of LankaBangla Finance Limited is seen with services in 2008. the award in the presence of Dr. A B. Mirza Md. Azizul Islam, the Honorable Advisor of Finance, Planning, Commerce, Post & Telecommunication and Mr. Faruq Ahmed Siddiqi, Chairman, SEC This is a recognition of our transparency in disclosure of information and adherence to accounting practices in accordance with
    [Show full text]
  • OBL Annual Report 2013
    ANNUAL REPORT 2013 www.onebank.com.bd 01 02 Contents Corporate Information 04 Directors’ Profile 06 The Board and its Committees 10 Key Personnel 11 Registered Office / Auditors / Legal Advisers 12 Notice of the 15th AGM 13 Company Milestones 14 Vision and Mission 15 Five Years’ Financial Highlights 16 Chairman’s Address 18 Directors’ Report 22 Audit Committee’s Report 50 Corporate Governance 52 Declaration of MD/CFO 57 Value Added Statement 58 Credit Rating Report 59 Auditors’ Report & Financial Statements 61 Consolidated Balance Sheet 63 Consolidated Profit & Loss Account 65 Consolidated Cash Flow Statement 66 Consolidated Statement of Changes in Equity 67 Balance Sheet-OBL 68 Profit & Loss Account-OBL 70 Cash Flow Statement-OBL 71 Statement of Changes in Equity-OBL 72 Liquidity Statement-OBL 73 Notes to the Financial Statements 74 Disclosures on Risk Based Capital (BASEL II) 119 Off-Shore Banking Unit 116 Financial Highlights 113 ONE Securities Limited 134 Network of Branches and Booths 143 Proxy and Attendance 145 03 Corporate Information Name of the Company ONE Bank Limited Chairman Mr. Sayeed Hossain Chowdhury Vice Chairman Mr. Asoke Das Gupta Managing Director Mr. M. Fakhrul Alam Company Secretary Mr. John Sarkar Legal Status Line of Business SWIFT Public Limited Company Banking ONEBBDDH Date of Incorporation Telephone Website May 12, 1999 88 02 9118161 www.onebank.com.bd Registered Office Telefax 2/F HRC Bhaban 88 02 9134794 46, Kawran Bazar C.A. Dhaka-1215. 04 Directors’ Profile Mr. Sayeed H. Chowdhury Chairman After completing his higher education in London – UK, Mr. Sayeed H. Chowdhury joined the family business in 1981 and was based in the Sultanate of Oman until 1987, looking after its business interest in the Gulf region.
    [Show full text]
  • Environmental Impact Assessment Report Anowara 2 Economic Zone
    www.pwc.com/in Environmental Impact Assessment Report Anowara 2 Economic Zone Submitted to Bangladesh Economic Zones Authority June 2016 Bangladesh Economic Zones Authority (BEZA) EIA Report- Anowara 2 Economic Zone Disclaimer The report has been prepared by PricewaterhouseCoopers Pvt Ltd (PwC) for Bangladesh Economic Zones Authority (BEZA). This is pursuant to the Scope of Work under the contract document "Consulting Services for Social and Environmental Site Assessment of Five EZ Sites at Bangladesh" issued by BEZA. PricewaterhouseCoopers Pvt. Ltd. (PwC) has been appointed by BEZA to undertake an initial site assessment for nine selected economic zones in Bangladesh. PwC would be undertaking the commercial aspects of the scope of work, the technical aspects have been sub contracted to Mahindra Consulting Engineers Ltd. (MACE). Any third party should obtain prior consent of PwC before copying or reproducing, in whole or in part, the contents of this report. PwC disclaims any responsibility for any loss or damage suffered by any third party by taking reliance of this report. Furthermore, PwC will not be bound to discuss, explain or reply to queries raised by any agency other than the intended recipients of this report. All information in the report is intellectual property of BEZA. PwC does not accept any liability or responsibility for the accuracy, reasonableness or completeness of, or for any errors, omissions or misstatements, negligent or otherwise and does not make any representation or warranty, express or implied, with respect to the information contained in this document. The information contained in this document is selective and is subject to updating, expansion, revision and amendment.
    [Show full text]
  • The Project for Developing Inclusive City Governance for City Corporation Final Report Volume 6 Chcc Edition
    Local Government Engineering Department People’s Republic of Bangladesh The Project for Developing Inclusive City Governance for City Corporation Final Report Volume 6 ChCC Edition March 2014 JAPAN INTERNATIONAL COOPERATION AGENCY PADECO Co., Ltd. EI CR (3) 14-061 Local Government Engineering Department People’s Republic of Bangladesh The Project for Developing Inclusive City Governance for City Corporation Final Report Volume 6 ChCC Edition March 2014 JAPAN INTERNATIONAL COOPERATION AGENCY PADECO Co., Ltd. The Project for Developing Inclusive City Government for City Corporation Final Report (ChCC Edition) Contents PART 1 Infrastructure Development Plan of ChCC Chapter 1 Introduction ..................................................................................................... 1 1.1 Background of IDPCC ............................................................................................. 1 1.2 Institutional Structure for IDPCC Management ........................................................ 3 Chapter 2 Present Condition of ChCC ............................................................................. 5 2.1 Present Natural Condition of ChCC ......................................................................... 5 2.2 Socio Economic Condition of ChCC ...................................................................... 12 2.3 Present Urban Planning of ChCC ........................................................................... 17 2.4 Present Infrastructure of ChCC .............................................................................
    [Show full text]
  • A State of Corruption? an Anthropology of the South Asian State
    A State of Corruption? An Anthropology of the South Asian State Tone K. Sissener Dissertation submitted for the degree dr.polit. Department of Social Anthropology University of Bergen November 2007 UNIVERSITY OF BERGEN ISBN 978-82-308-0555-8 Bergen, Norway 2008 Printed by Allkopi Ph: +47 55 54 49 40 Contents ACKNOWLEDGEMENTS ....................................................................................................................... 1 CHAPTER 1 INTRODUCTION....................................................................................................................................... 3 INTRODUCING THE STATE ......................................................................................................................... 3 The universal and sovereign state ....................................................................................................... 3 Culture, complexity and variation....................................................................................................... 6 CONTEXT OF THE STUDY........................................................................................................................... 9 Chittagong............................................................................................................................................. 9 Dinajpur.............................................................................................................................................. 15 NOTES ON THEME, METHOD AND KEY FIGURES ...................................................................................
    [Show full text]
  • 29Th Joint Meeting of the UNWTO Commission for East Asia and the Pacific and the UNWTO Commission for South Asia UNWTO Regional Forum on Crisis Communication
    Ministry of Civil Aviation and Tourism The People’s Republic of Bangladesh 29th Joint Meeting of the UNWTO Commission for East Asia and the Pacific and the UNWTO Commission for South Asia UNWTO Regional Forum on Crisis Communication Chittagong, Bangladesh, 15-17 May 2017 Overall Preliminary Programme Monday, 15 May 2017 Arrival and Registration 15:00 – 18:00 Registration at Radisson Blu Chittagong Bay View Hotel In Front of the Mezban Hall (Level-1) Tuesday, 16 May 2017: UNWTO Regional Forum on Crisis Communication Mohona Hall-1,2,3 (Level-4) 08:00 – 09:00 Registration at Radisson Blu Chittagong Bay View Hotel 09:00 – 10:00 Opening Master of Ceremonies: Mr. Md. Emran, Additional Secretary, Ministry of Civil Aviation and Tourism – Welcome Remarks by Mr. Abu Jahed Mohammad Nasir Uddin, Mayor of Chittagong City Corporation – Opening Remarks by Mr. Carlos Vogeler, Executive Director for Member Relations, UNWTO Keynote Presentation – Keynote presentation by Ms. Sandra Carvao, Chief of Communications, UNWTO 10:00 – 10:30 Coffee/Tea break 10:30 – 12:00 UNWTO Regional Forum on Crisis Communication Crisis communication is a vital element of any crisis management system. It helps to reduce the negative impact of crisis by addressing all industry stakeholders in an efficient, coordinated, timely and responsible manner. This Forum will create a congenial atmosphere for establishing a platform to share experiences from the region on crisis communication preparedness and management highlighting main challenges and lessons learned. Moderator: Ms.Sandra Carvao, Chief of Communications, UNWTO – Ms. Daniela Wagner, International Partnerships – Mr. Aparup Chowdhury, PhD, Chairman, Bangladesh Parjatan Corporation – Mr.
    [Show full text]
  • Annual Report 2018
    Prime Bank ANNUAL REPORT Prime Bank Prime Bank 2018 Prime Bank Prime Bank PrimePrime BBank Prime Bank Prime BBankank Prime B Prime Bank Prime Bank Prime Bank Prime B LETTER OF TRANSMITTAL To The Shareholders, Bangladesh Bank, Bangladesh Securities and Exchange Commission, Registrar of Joint Stock Companies & Firms, Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited Dear Sir(s), Subject: Annual Report - 2018 We forward herewith Annual Report-2018 of Prime Bank Limited and its Subsidiaries namely Prime Exchange Co. Pte. Limited, Singapore, PBL Exchange (UK) Limited, PBL Finance (Hong Kong) Limited, Prime Bank Investment Limited, Prime Bank Securities Limited and the dedicated CSR Wing of the Bank, Prime Bank Foundation. The Report includes Audited Financial Statements, Balance Sheet, Profit and Loss Account, Changes in Equity, Cash Flow Statement along with notes thereto on the position of the bank at the closing of businesses on 31st December 2018 for your kind perusal and record please. Yours sincerely, Mohammed Ehsan Habib Company Secretary ANNUAL REPORT 2018 CONTENTS General Information Risk Management Financial Statements of Islamic Financial Statements of PBL Exchange Banking Branches (UK) Ltd. Vision, Mission & Core Values 5 Risk Management Framework & Forward Looking Statement 6 Mitigation Methodology 129 Balance Sheet 313 Independent Auditors' Report Corporate Proile 8 Market Discipline Disclosure on Proit and Loss Account 315 to the Members of PBL Exchange (UK) Ltd. 414 Five Years’ Financial Summary 10 Risk Based
    [Show full text]
  • August 1 - August 31, 2019
    (August 1 - August 31, 2019) 1 (August 1 - August 31, 2019) Current Affairs - Monthly Edition PDF (August 1 - August 31, 2019) 1. BANKING & FINANCE 2. BUSINESS & ECONOMY 3. INTERNATIONAL 4. INDIAN AFFAIRS 5. SCIENCE & TECHNOLOGY 6. ENVIRONMENT 7. BILLS & ACTS 8. DEFENCE 9. AWARDS AND HONOURS 10. SPORTS 11. ARTS & CULTURE 12. OBITUARY 13. SUMMITS & CONFERENCE 14. SCHEMES 15. APPOINTMENTS / RESIGN 16. IMPORTANT DAYS 17. BOOKS & AUTHORS 18. AGREEMENTS, MOU 19. INDEX / LIST 20. VISITS BY PM / PRESIDENT 21. FESTIVALS 22. QUIZ CORNER 2 (August 1 - August 31, 2019) BANKING & FINANCE foreign as well as Chinese banks. The bank has been facilitating Indians RBI relaxes ECB norms working in China in their remittance. The Reserve Bank of India (RBI) has further relaxed the norms related to external commercial borrowing (ECB). It loosened the end-use restrictions RBI cuts 35bps repo rate in August policy with regard to working capital, general corporate purpose and repayment The Reserve Bank of India (RBI) announced a 35 basis points (bps) cut to of rupee loans. The move comes after RBI received feedback from the benchmark repo rate on 7th August. The announcement was made after stakeholders. As per the relaxation, all the eligible borrowers are allowed to the RBI Governor Shaktikanta Das-led third bi-monthly policy review by the raise following ECBs from recognised lenders with a minimum average Monetary Policy Committee (MPC) for 2019-20. This reduction is the fourth maturity period of 10 years for working capital purposes and general in a row since Shaktikanta Das took over as the governor in December 2018.
    [Show full text]