36 individuals, organisations get BB remittance award

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DHAKA, Oct 07, 2019 (BSS) – Thirty six individuals and organisations,
including five commercial banks, today got the “Bangladesh Bank Remittance
Award-2018” for sending home the highest amount of remittance, investing
bonds and playing a vital role to receive the remittance.

Finance Minister AHM Mustafa Kamal handed over the awards at a function at
the Institution of Diploma Engineers, Bangladesh (IDEB) in the city.

Bangladesh Bank (BB) Governor Fazle Kabir, Senior Secretary of the
Financial Institutions Division Md. Ashadul Islam and Secretary of the
Expatriates’ Welfare and Overseas Employment Ministry Md Selim Reza attended
the function as special guests while BB Deputy Governor Ahmed Jamal delivered
the welcome speech.

Kamal said Bangladesh has become a role model of development in the world
and expatriates of the country are playing a vital role in this regard.

“Bangladeshi expatriates are the driving force of our economy. The
government has already started to provide 2 percent cash incentive on
remittance. We will provide more incentives in future on remittance,” he
added.

The minister hoped that the total amount of remittance will be around US$20
billion in the fiscal as the government is providing all sorts of efforts to
increase the inflow of remittance.

Kamal emphasised on adopting technology based skills for expanding their
job market abroad to increase the inflow of remittance.

Fazle Kabir said remittance is playing a vital role to take the country’s
economy to a strong position. For taking different initiatives of the
government, including the central bank, the inflow of remittance is
increasing day by day and it will be continued, he added.

The award has been provided under five categories. The categories are
general professional, specialist professional, business and remittance
receiver bank and money exchange. Twenty eight remitters received the awards
under the highest remittance sender category while three Non Resident
Bangladeshis (NRBs) owned money exchanges and five commercial banks under the
highest remittance receiver commercial bank category.

The banks are Islami Bank Bangladesh Limited (IBBL), Agrani Bank Limited,
Sonali Bank Limited, Dutch Bangla Bank Limited and Janata Bank Limited.

The money exchanges are National Exchange Company SRL, NEC Money Transfer
Limited and Placid NK Corporation.