HNB plans to increase strategic partnerships in Bangladesh | Sunday Observer

HNB plans to increase strategic partnerships in Bangladesh

From left: Counsellor, Bangladesh High Commission, Md. Alimuzzaman, , Bangladesh High Commissioner M. Riaz Hamidullah, Board Director, HNB, Dinesh Weerakkody, Bangladesh State Minister of Finance, M.A. Mannan, MD/CEO, HNB Jonathan Alles, and Chief Operating Officer, HNB, Dilshan Rodrigo.
From left: Counsellor, Bangladesh High Commission, Md. Alimuzzaman, , Bangladesh High Commissioner M. Riaz Hamidullah, Board Director, HNB, Dinesh Weerakkody, Bangladesh State Minister of Finance, M.A. Mannan, MD/CEO, HNB Jonathan Alles, and Chief Operating Officer, HNB, Dilshan Rodrigo.

With Sri Lanka and Bangladesh witnessing deepening bilateral economic cooperation in recent years, particularly in key power and other large scale projects, HNB’s Managing Director and Chief Executive Officer, Jonathan Alles said the Bank looks forward to strengthening its support and furthering strategic partnerships with those who wish to increase their scope of business in Bangladesh.

He said this on the occasion of the visit of Mohammed Abdul Mannan, Bangladesh’s State Minister of Finance to HNB recently.

HNB hosted a round-table discussion for its clients, currently in business and having a presence in Bangladesh, to meet with Minister Mannan and the High Commissioner for Bangladesh in Sri Lanka, Riaz Hamidullah, for a mutual dialogue.

Minister Mannan said there are 50,000 Sri Lankan professionals working in Bangladesh and holding high level positions, providing ample opportunities for banking services.

“Bangladesh’s friendly investment regime offers tremendous opportunities for investments particularly in the areas of healthcare, ICT, hospitality and agri-business,” said the Minister, adding that several power generation projects plus hospitals which have been started by Sri Lankans are operationally very successful.

Minister Mannan urged those present to capitalize on his country’s offering of a large stretch of pristine coastal land, suitable for tourism and hospitality plus the Free Trade Agreement (FTA) between Bangladesh and Sri Lanka. Clearance by US Federal Drug Authority (FDA) on pharmaceutical products manufactured in Bangladesh is another opportunity for investors to make full use of, he stated.

Bangladesh’s High Commissioner to Sri Lanka, Amb Riaz Hamidullah, shared a number of emerging perspectives that should merit attention of Sri Lankan business and industry.

He also underlined some ways in which industries of the two countries could collaborate beyond existing patterns, modes and sectors, like in Apparel and ICT. 

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