BD received $1.93 billion of remittance in November: BB

Bangladesh received inward remittances of USD $1.93 billion in November, which is $50 million less than the previous month of October. According to the provisional data of the Bangladesh Bank (BB) revealed on Sunday, the expatriates sent $1.93 billion in remittance to the country through the legal channel. In November, state-owned banks

IBBL remittance campaign ends

Islami Bank-Instant Cash arranged the grand finale of the Mega Draw and Remittance Campaign at Islami Bank Tower on 23 October. Mohammed Monirul Moula, Managing Director and CEO of the bank, was present at the program as the chief guest. J Q M Habibullah, FCS and Md. Altaf Hossain, Additional

BRAC Bank hosts Customer Meet on Remittance

BRAC Bank Chowmuhoni Branch in Noakhali hosted a customer engagement programme to raise awareness about remittance inflow through banking channels, a press release said on Friday. At the event on October 03, 2023, the officials of the bank emphasised the importance of remittance through legal channels to ensure benefits to the

IBBL wins remittance award

Muktadhara New York Inc conferred Remittance Award to Islami Bank Bangladesh PLC (IBBL) for collecting highest remittance in Bangladesh. Foreign Minister Dr. AK Abdul Momen handed over the award to Mohammed Monirul Moula,  Managing Director and CEO and Md. Akiz Uddin, Deputy Managing Director of IBBL. The award was presented

UBL holds campaign on remittance

Financial Literacy Wing of Shariah based Union Bank Limited recently organized ‘Enhancing Social Awareness for Sending Remittance through Legal Channels’ program in Rangpur. The Head of Financial Literacy Wing of the Bank VP Chowdhury S M Atiqur Rahman Hyder was present as the chief guest of the program. The Head

UBL holds program on remittance

Financial Literacy Wing of Shariah based Union Bank Limited (UBL) recently organized ‘Enhancing Social Awareness for Sending Remittance through Legal Channels’ program at Barishal Branch in Barishal. SEVP and Supervisor of Financial Literacy Wing of the bank Md. GolamMostafa was present as the chief guest. The Head of Barishal Branch

BGCB signs remittance service agreement with NEC

Bengal Commercial Bank (BGCB) and National Exchange Company (NEC) have signed an agreement for the Bangladeshi immigrants, living in Italy, to send remittance to any branches of Bengal Commercial Bank without any hassle through National Exchange Company, a press release said on Sunday. Tarik Morshed, Managing Director & CEO of Bengal

BGCB sings deal with Placid NK Corporation for remittance

The Bangladeshi immigrants, living in USA, can send remittance to any branches of Bengal Commercial Bank easily through Placid NK Corporation. Bengal Commercial Bank Ltd. and Placid NK Corporation have signed an agreement regarding the matter, recently. Tarik Morshed, Managing Director & CEO of Bengal Commercial Bank and Mohammad H.Rashid, EVP

BGCBL starts disbursing Remittance Loan

Bengal Commercial Bank Limited (BGCBL) is providing loan facility to remittance earners and their families. Recently “Bengal Remittance Loan” service has been launched to encourage remittance earners to send remittance through the banking channel. Tarik Morshed, Managing Director & CEO of the Bank handed over the “Bengal Remittance Loan” cheques

Inbound remittances through Bkash grew by 70pc YoY

On the occasion of Ramadan and Eid-ul-fitr, the rate of inbound remittances through Bkash has increased by almost 70 percent compared to last year. Expatriates from more than 90 countries have sent remittances to their relatives' Bkash account over six and a half lakh times. This facility of sending remittances