** Road disorder needs proper implementation of law ** 56 hurt in clashes among AL, BNP and cops in Natore, Khulna, Rajshahi ** Bangladesh serves as a model for rest of world: US Asst Secy Noyes ** People crowd the shop of a Trading Corporation of Bangladesh dealer for essential commodities at subsidised prices in Dhaka's Lalbagh on Saturday amid high prices of daily necessities in the market. Agency photo ** Broiler chicken goes up selling at Tk230 a kg, egg price decreases ** Metro rail: Shewrapara, Uttara South stations now open to public ** 35 bodies found inside well after collapse at Indian temple ** Free journalist Shams, repeal DSA: TIB ** Prothom Alo journalist Shams denied bail, sent to jail ** Philippines ferry fire leaves 31 dead, at least 7 missing ** Workers of a readymade garment factory stage a demonstration and barricade the road at Uttara's Jashim Uddin road in the capital on Wednesday demanding payment of their dues. ** Landslide in Cox's Bazar leaves 3 Rohingyas dead ** Liberation war veteran Nur-E-Alam Siddiqui passes away ** Shakib takes five as Bangladesh beat Ireland by 77 runs to seal T20 series ** UNOs’ role as CEO in Upazila Parishads illegal, unconstitutional: HC ** Former MP Nur E Alam Siddique passes away ** Myanmar junta dissolves Suu Kyi's party, much of opposition ** 13 Bangladeshis reported dead in KSA road crash ** 39 dead in fire at Mexico migrant center near US border ** 20 Hajj pilgrims killed in Saudi Arabia accident ** Jasmine’s death in RAB custody not acceptable ** HC wants autopsy report, list of RAB men who grilled Jasmine ** Dhaka commuters face heavy traffic congestion on first working day of Ramzan ** High-rise building catches fire in capital's Katabon ** At Tk 150 per dozen in Dhaka markets, eggs not an affordable protein source any more **

ILFSL holds 261st Board Meeting

31 January 2023
ILFSL holds 261st Board Meeting

Business Desk :
The 261st board meeting of the International Leasing and Financial Services Limited (ILFSL) was held recently at the company's head office.
Former education secretary Md Nazrul Islam Khan, who was appointed by the High Court, presided over the board meeting while court-appointed Independent Directors Syed Abu NaserBukhtear Ahmed, Senior District and Sessions Judge (Retired) Md. Shafiqul Islam, Brigadier General (Retired) Md. Meftaul Karim, Barrister Md. Ashraf Ali, Enamul Hasan and current Managing Director (CC) Md. Mashiur Rahman were also present.
The meeting review the action plans 2023 presented by each department of the organization. Such is the case of International Leasing and Financial Services Limited (ILFSL) where the all officers of the organization prepare the month-wary action plan for the year 2023, to reach the yearly targets.
After reviewing the action plan submitted in the meeting, the board of directors gave effective and important suggestions to each department.
Business divisions presented their loan disbursement plans. It also presented a recovery plan from the loans invested in previous years.
SME department submitted their plan for the new loan disbursement in 2023. Board of Directors advised to state the total income against the total investment as per the plan of the SME Department.
The Board of Directors reviewed the monetization plan presented by the Liability Management Department and asked to consider monetization orders smoothly and promptly based on the application of new depositors to increase the enthusiasm and confidence of people interested in saving money, and also ordered monetization of deposits of interest surrendering depositors to acknowledge their sacrifice and reduce the cash outflow of the institution.

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