Dhaka, Bangladesh (BBN) – IFIC Bank Literary Award-2011 was introduced on Saturday with an aim to encourage creative writings in Bengali language and literature.

Chairman of the IFIC Bank Salman F Rahman made an announcement in this regard Saturday at a press conference. He highlighted various aspects of the award and answered questions on the same. Chairman of the Executive Committee Mohammad Lutfar Rahman, Member of the Board of Directors Dr. Mohammad Ali Khan, Managing Director Mohammad Abduallah and other top officials of the Bank attended the event.

The chairman said each of the two winning writers will receive BDT 0.5 million, a crest and a certificate under the literary award. In monetary term, this will be the biggest literary award in the country.

In line with a Board approved guideline, the highest degree of neutrality will be maintained in the selection process of the award, he said.

The awards will be handed over to the winners through a grand gala event in March or April next, the bank said.

BBN/SSR/AD-02Jan11-12:59 am (BST)