Chairman of Padma Bank Limited Chowdhury Nafeez Sarafat said Bangladesh has achieved GDP growth of 7.28 percent and aims at touching 8pc mark soon under the bold leadership of Prime Minister Sheikh Hasina.
The government under prime minister is working to build Sonar Bangla dreamt by the Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
He said this while speaking at a ceremony on launching the new logo of the bank at The Westin Dhaka on Saturday.
Dr Mashiur Rahman, Economic Affairs Adviser of the Prime Minister was present as the chief guest and unveiled the new logo of the bank. Md. Ashadul Islam, Secretary, Financial Institutions Division, Ministry of Finance was present as special guest.
Dr Moshiur said, the history of Padma Bridge is a mix of pain and joy. No corruption was there with Padma Bridge and it was proved through the verdict of a Canadian court.
“So it has become a branding for the country that gives the testimony that no corruption is made here. We should proudly claim that Bangladesh is an corruption-free country,” he added.
Padma Bank chairman said: “Padma Bank emphasizes on SME, agent banking and is working with the commitment for establishing Padma Bank Limited as the highest secured bank.”
Present management is highly skilled and with their wisdom, the bank would soon become a secured bank, he added.
“The new programmed we have initiated in the bank are already bearing fruits. We are confident Padma Bank will be a front-ranking bank in the country in a very short time,” Sarafat said.
Managing Director and Chief Executive Officer of Padma Bank Limited Ehsan Khasru, Managing Director and CEO of Sonali Bank Obayed Ullah Al Masud, Managing Director and CEO of Janata Bank Mohammad Abdus Salam Azad, Managing Director and CEO of Agrani Bank Mohammad Shams-ul Islam, Managing Director and CEO of Rupali Bank Ataur Rahman and Managing Director of ICB Kazi Saanul Haq also spoke at the ceremony. Padma Bank managing director said, “We will establish Padma as a brand, not only change its name. We will ensure better
services by making the banking services more secured to depo
sitors, bankers, shareholders and borrowers as well.”
“Our philosophy is ‘commitment banking, relationship banking’ and ‘to be more humane in professionalism.’ Our action is focused to bring deposits and reduce bad debts within a limit from 13 to 20 percent,” he further said. Rupali Bank MD said, “If private banks come with fund support, then the capital of Padma Bank Limited will be raised.”
Agrani bank MD said: “Padma is a national pride with promise of development to build economy. So Padma Bank will be the symbol of trust of the people and the nation.
Janata Bank MD said: “Government took a right decision to rebuild Farmers Bank Limited. This is a very appreciable move. Padma Bank Limited is now able to advance with its commitment for secured banking.”
Sonali Bank CEO & MD said: “Civilization always builds on river banks. Prime minister is building Padma Bridge by facing major challenges, which will contribute a lot to the economy. As the sailor dreams of taking people on the shore, we are making people dream of building Padma Bank in a new way with
rays of hope.”
Finance Secretary Arshadul Islam said, Padma Bank starts new journey with the board comprising of MDs of state-owned banks who are very highly skilled in the banking industry. It cannot fail as the board members are leading big banks. Padma is source of our inspiration. It’s a major step by the government for banking industry and this has created a hope and the bank management should implement the promises to restore customers’ trust.
Chairman of Standard Bank Limited Kazi Akramuddin Ahmed said, “It’s a matter of hope that MDs of four banks are in the board of Padma Bank, which will bring positive changes. As the Padma Bridge has come up with a clean image as no wrongdoing was committed, Padma Bank has also appeared as a hope among the people.”
Under the able leadership of Bank’s chairman, Padma Bank will flourish and it will be a matter of jealous for the bank owners and bankers of the country, he said adding “Padma Bridge is a reality, and so prosper of Padma Bank is also a reality.”
Padma is a unique bank in the country’s history with 68 percent of its shares being owned by four state-run banking giants – Sonali, Janata, Agrani and Rupali – and state-owned financial institution, Investment Corporation of Bangladesh (ICB).
Padma started its new journey with 57 branches which provide most modern banking services to clients across the country.
Bank’s chairman and CEO highlighted the bank’s recent achievement and future course of action. They said the bank has launched a new array of attractive banking products and many more in the pipeline.