36 individuals, organisations get BB remittance award

DHAKA 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


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.

Source: Bangladesh Sangbad Sangstha (BSS)