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Rubel Rana

Published:
2018-07-19 05:50:03 BdST

Bank Asia opens Tower Branch


FT ONLINE

Bank Asia yesterday opened a new branch – Bank Asia Tower Branch –at Karwan Bazar in Dhaka on the lender's own property.

Inaugurating the branch as chief guest, A Rouf Chowdhury, chairman of the private commercial bank, said, “This is not only the bank's 127th branch, it is the most important place for the bank. It will be Bank Asia's corporate head office soon.”

“I think now the bank stands on a strong foundation with its innovative board of directors and skilled management team,” Chowdhury said.

The tower is a 12-storey building with a four-storey basement. The bank bought the property in 2005.

For Chowdhury, the tower was a dream come true, as he wanted to buy a piece of land in Dhaka with a view to setting up the bank's head office.

Md Arfan Ali, president and managing director of Bank Asia, said the bank's activities have expanded manifold over the years.

Established in 1999, Bank Asia is the country's first private bank to take over operations of foreign banks -- Canadian Nova Scotia and Muslim Commercial Bank of Pakistan.

Anisur Rahman Sinha, former chairman of Bank Asia; Zakia Rouf Chowdhury, executive vice chairman of Rangs Group; Rumee A Hossain, chairman of the executive committee of the bank, and Dilwar H Chaudhury, a director of the bank, also spoke.

Enam Chowdhury, a director of the bank, Amiran Hossain, a director of Rangs Group, and Syed Anisul Huq, former president and managing director of Bank Asia, were also present.

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