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Pubali Bank inks money transfer deal with Seylan Bank

Tuesday, 28 August 2007


FE Report
Pubali Bank Limited and Seylan Bank Limited of Sri Lanka have signed a money transfer agreement.
Under this deal, Bangladeshi expatriates in Middle East and other parts of the world will be able to remit their hard-earned foreign currency to their relatives and other stakeholders living in Bangladesh within shortest possible time through the Pubali Bank.
General Manager of the International Division of Pubali Bank Syed Mohammad Masum and General Manager and Chief Executive Officer (CEO) of Seylan Bank Ajita Pasqual signed the agreement on behalf of their respective organisations in the city recently, said a press release.
The agreement will help increase the volume of remittance to Bangladesh through legal/banking channel from Bangladeshi expatriates living abroad, the release stated.
Among others, Managing Director of the Pubali Bank Helal Ahmed Chowdhury and Deputy General Manager of the International Division Abu Sufian and Deputy Chairman of the Corporate Finance Group of Ceylinco Consolidated Hiran De Silva and CEO and Country Head of the Ceylinco Express Remittance (BD) Limited Iftekhar Ali Khan were present at the deal signing ceremony.