Business

Padma Bank holds a day long meet on loan recovery


Published : 23 Oct 2019 12:47 PM | Updated : 06 Sep 2020 08:24 AM

To expedite the loan recovery, Padma Bank Limited organised a day-long meeting at its Mirpur Training Institute, as part of the fourth-generation bank's move to implement a new government guideline on debt recovery.

Md Ehsan Khasru, Chief Executive Officer and Managing Director of the bank, was the chief guest on the occasion. He highlighted the major steps that Padma Bank has taken in recent months to recover the bank's outstanding debt and shared an effective strategy on Recovery. “From now on, we will adopt a zero tolerance policy to recover loans. If we falter our efforts, the bank's health will suffer and its reputation will be affected, "he told the recovery department officials.

Deputy Managing Directors of the bank Muhammad Ali Zaryab and Md. Shahadat Hossain also spoke on the occasion.

The meeting was attended by Sabirul Islam Choudhury SEVP and Head of Recovery Division, senior officials of the bank's head office, chiefs of recovery zones and Branch Managers.