Prime Bank, Exim Bank sign deal to reach remittance to beneficiaries
Thursday, 28 June 2007
FE Report
Prime Bank Limited (PBL) and Export Import Bank of Bangladesh Limited (Exim Bank) have entered into a bi-lateral drawing arrangements to facilitate payment of inward foreign remittance to the beneficiaries by sharing their network of branches.
Synergy between these two banks will facilitate payment of remittance in a faster and more secured manner, thus encouraging the expatriates and their local beneficiaries to route more funds through official channels.
PBL Managing Director (MD) M Shahjahan Bhuiyan and Exim Bank MD Kazi Masihur Rahman signed the agreement regarding the matter in the city Wednesday on behalf of their respective banks.
Among others, PBL deputy managing directors Nasiruddin Ahmed and Mahbubul Alam along with Exim Bank Deputy Managing Director Md Sirajul Islam Bhuiyan, Senior Executive Vice-President Mohammed Haider Ali Miah and Senior Vice-President Bashirul Islam were also present on the occasion.
Prime Bank Limited (PBL) and Export Import Bank of Bangladesh Limited (Exim Bank) have entered into a bi-lateral drawing arrangements to facilitate payment of inward foreign remittance to the beneficiaries by sharing their network of branches.
Synergy between these two banks will facilitate payment of remittance in a faster and more secured manner, thus encouraging the expatriates and their local beneficiaries to route more funds through official channels.
PBL Managing Director (MD) M Shahjahan Bhuiyan and Exim Bank MD Kazi Masihur Rahman signed the agreement regarding the matter in the city Wednesday on behalf of their respective banks.
Among others, PBL deputy managing directors Nasiruddin Ahmed and Mahbubul Alam along with Exim Bank Deputy Managing Director Md Sirajul Islam Bhuiyan, Senior Executive Vice-President Mohammed Haider Ali Miah and Senior Vice-President Bashirul Islam were also present on the occasion.