Three banks, three companies and five individuals were crowned with the inaugural “A Better Tomorrow CSR Awards” by The Daily Star and the CSR Window Bangladesh in recognition of their extraordinary accomplishments and efforts to create better lives.
Three banks, three companies and five individuals were crowned with the inaugural “A Better Tomorrow CSR Awards” by The Daily Star and the CSR Window Bangladesh in recognition of their extraordinary accomplishments and efforts to create better lives.
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Janata casts a pall on banking sector’s profit
The state-run lender logs a staggering Tk 5,054cr loss in 2020; StanChart posts highest net profit of Tk 1,225cr
Net profit in the banking industry plunged 44 per cent year-on-year to Tk 5,279 crore last year because of the massive loss incurred by state-run Janata Bank.
The state lender made a net loss of Tk 5,054 crore in 2020 as it had to keep aside a vast amount as provisions against bad debts, provisional data from the central bank showed.
Standard Chartered Bangladesh posted a net profit of Tk 1,225 crore, the highest among all lenders, in contrast to Tk 1,163 crore a year ago.
Honouring Business Leaders: Persevering through the pandemic
Clockwise from top left . Abdul Muktadir, managing director of Incepta Pharmaceuticals, Rupali Chowdhury, managing director of Berger Paints Bangladesh, Abul Kashed Md Shirin, managing director of DBBL and SM Khaled, managing director of Snowtex pose for photograph after receiving the 19th Bangladesh Business Award. Photo: Star Staff Correspondent Staff Correspondent
Two individuals and two companies yesterday won the prestigious Bangladesh Business Awards for creating jobs and contributions to the society and the economy.
Rupali Chowdhury, managing director of Berger Paints Bangladesh, received the award in the Outstanding Woman in Business category at the 19th Bangladesh Business Awards, an initiative of DHL Express and The Daily Star.