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Rupali Bank undertakes various move to reduce expenses


Published : 22 Jul 2022 08:29 PM

Rupali Bank Limited, a leading public sector bank, has undertaken move to retrench in a diversified way, following the government directives.

A meeting in this regard was held at the bank’s head office with the CEO and Managing Director of the bank, Md. Obaed Ullah Al Masud in the chair.

The meeting decided to reduce the use of power and energy by 25 and 20 percent respectively while purchasing no new transports and arranging all the programs and training sessions virtually instead of presence in person.

The bank has also issued ban on foreign tour of it’s senior officials if it is not inevitable. 

Deputy Managing Directors Mohamma Jahangir, Md. Shawkat Ali Khan, Iqbal Hossain, general managers Persuma Alam, Golam Mortuja, Qazi Abdur Rahman, Md. Harunur Rashid, Qazi Wahidul Islam, Foyez Alam were present in the meeting among others.