Home ›› 27 Apr 2023 ›› Corporate
As a part of Corporate Social Responsibility (CSR), Bank Asia Limited has recently distributed harvesting machines to the farmers of haor areas in the Kishoreganj district.
The distribution programme took place at Tarail Upazila in Kishoreganj on April 17, according to a press statement.
Syed Humayun Kabir, head of LSSD, Mynul Hossain, FVP, CRM, Md Mahabub Ur Rashid, FVP, CRM, Rafiqul Islam, officer-in-charge of Tarail Police Station, Ashraful Alam, upazila agriculture officer, Tarail, and Mohammed Jahangir Hossan, head of Tarail Branch of Bank Asia were present at the programme.
Bank Asia has taken the initiative to facilitate the farmers to harvest crops smoothly without investing in physical labour.
In the year 1999, Bank Asia Ltd was launched by a group of successful entrepreneurs with recognised standings in society. The management of the bank consists of a team led by senior bankers with decades of experience in national and interna-tional markets. The senior management team is ably supported by a group of professionals, many of whom have exposure to the international market.
It set a massive milestone by acquiring the business operations of the bank of Nova Scotia in Dhaka, the first of its kind in the banking history of Bangladesh. It again repeated the performance by acquiring the Bangladesh operations of Muslim Commercial Bank Ltd (MCB), a renowned Pakistani bank.
In the year 2003, the Bank again came to the limelight with over-subscription of the Initial Public Offering of the shares of the bank, which was a record (55 times) in the history of the capital market of Bangladesh.
The asset and liability growth has been remarkable over the years. Bank Asia has been actively participating in the local money market as well as the foreign currency market without exposing the Bank to vulnerable positions. The bank’s in-vestment in Treasury Bills and other securities went up noticeably, opening up opportunities for enhancing income in the context of a regime of gradual interest rate decline.
Bank Asia Limited started its service with a vision to serve people with modern and innovative banking products and ser-vices at an affordable charge.
Bank Asia Limited has been a major facilitator of Financial Inclusion in Bangladesh by providing banking services to the re-motest corners of the country through pioneering “Agent Banking” services in Bangladesh in 2014. Since then, it’s been a remarkable story of financial inclusion with more than 5000+ outlets and 5 million+ customers across the rural areas of Bangladesh.
With a vision to build a poverty-free Bangladesh, in future, Bank Asia wishes to open a bank account for every able person in the country despite their socio-economic class by expanding the Agent Banking Network to a financial kiosk in every vil-lage of the country.
