Breaking News
March 20, 2018 - Professor Dr. Mijanur Rahman, Vice-Chancellor of Jagannath University, handing over the certificate among the participants of a six-day long special workshop on “Practice of Credit Risk Management (CRM) of Commercial Banks in Bangladesh” for Accounting and Information Systems Department students organized by Bangladesh Development Bank Limited recently. Manjur Ahmed, Managing Director of the bank among others were also present.
March 20, 2018 - Bodies of 23 plane crash victims arrive
March 20, 2018 - Cabinet thanks PM on country’s graduation from LDC
March 20, 2018 - Bangladesh calls for strengthening BIMSTEC, BBIN
March 20, 2018 - Country will fall into darkness if BNP comes to power: Nasim
March 18, 2018 - Mohammad Ismail, Chairman of Bangladesh Krishi Bank (BKB), signing its Balance Sheet for the FY 2016-17 at its 705th Board Meeting on Wednesday. Md. Ali Hossain Prodhania, Managing Director, Md. Fazlul Haque, DMD and Directors of the bank were present.
March 18, 2018 - Arastoo Khan, Chairman of Islami Bank Bangladesh Limited, paying tribute by placing wreath to the portrait of Bangabandhu Sheikh Mujibur Rahman marking his birth day on Saturday at 32 No. Road, Dhanmondi. Major Gen. (Retd.) Engr. Abdul Matin, EC Chairman, Dr. Md. Zillur Rahman, Audit Committee Chairman, Helal Ahmed Chowdhury, Risk Management Committee Chairman, Md. Joynal Abedin, Md. Mizanur Rahman, Professor Dr. Kazi Shahidul Alam Directors and Muhammed Munirul Moula, Managing Director (CC) of the bank among others were also present.
March 18, 2018 - UN declares Bangladesh’s eligibility for graduation from LDCs
March 18, 2018 - President, PM pay homage to Bangabandhu at Tungipara
March 18, 2018 - PM pays homage to Bangabandhu
March 18, 2018 - Bangabandhu greatest Bengali of all times: Inu
March 18, 2018 - 99th birthday of Bangabandhu celebrated
March 15, 2018 - MNOs linger MNP operation
March 15, 2018 - ‘Prisons and Correctional Services Act’ likely in 2018: Anisul
March 14, 2018 - Five things to know about Nepal’s flight safety record
March 14, 2018 - PM returns home from Singapore
March 14, 2018 - Nepal probes deadly air crash after runway confusion
March 5, 2018 - PM holds talks with Vietnam president
March 5, 2018 - Attack on Prof Zafar Iqbal not isolated incident: educationists
March 5, 2018 - Book of poems on Sheikh Hasina published
March 4, 2018 - Shahid Hamid, Executive Director of Dhaka Regency Hotel, poses with the participants of its ‘Premier Club Members’ Celebration Night-2018′ at its Celebration Hall on Thursday. Arif Motaher, Founder Chairman of the hotel among others were also present.
March 4, 2018 - Humayun Kabir, Chairman of Modhumoti Bank Limited, presiding over its 33rd Board of Directors Meeting at its head office in the city on Thursday. Barrister Sheikh Fazle Noor Taposh, MP, EC Chairman, Md. Shafiul Azam, Managing Director, Mohammad Ismail Hossain, Salahuddin Alamgir, Mostafa Kamal, Tanjima Bin Mostafa, Humayun Kabir, A. Mannan Khan, Manwar Hossain, Ahsanul Islam Titu, Md. Didarul Alam, Mojibul Islam Panna and Syeda Sharmin Hossain, members of the Board of Directors were also present.
March 4, 2018 - Midea Residential Air Conditioner Conference of Midea Group and Noor Trade Electronics Held at Basundhara
March 3, 2018 - PM hopes AL’s victory in next polls
March 3, 2018 - Prof Zafar Iqbal comes under knife attack in SUST
March 3, 2018 - BB gets third deputy governor
March 3, 2018 - PM visits Khulna today
March 3, 2018 - Next JS election will be held under ruling party: Tofail
March 3, 2018 - BNP active to protect its corrupt leader: Inu
March 3, 2018 - No development made in BNP tenure: Shajahan
BB to give award to encourage inflow of remittances

BB to give award to encourage inflow of remittances

DHAKA:  Bangladesh Bank (BB) will give remittance award to the highest remittance senders and the highest remittance receiving institutions for encouraging Non Residence Bangladeshis (NRBs) to send money through legal channels.

“We will give the ‘Bangladesh Bank Remittance Award-2016′ under five categories to expedite the inflow of remittance,” BB’s Financial Inclusion Department General Manager M Abul Bashar told BSS here yesterday.

The categories are skilled remitter, unskilled remitter, bond investor NRB, exchange house owner NRB and the highest remittance receiver bank.

Abul Bashar said the award will be handed over at a function to be held on September 19 at Bangla Academy in the city.

Finance Minister AMA Muhith is expected to attend the function as the chief guest while Financial Institutions Division Secretary M Eunusur Rahman and BB Governor Fazle Kabir will attend it as special guests.

BB Deputy Governor Shitangshu Kumar Sur Chowdhury will chair the function.

A total of 35 awardees, including remitters, exchange houses, bond investors and banks, will receive the award. Out of 35 awardees, five banks will get the award this year.

There was a falling trend in the inflow of remittances since fiscal year 2014-15 but the situation witnessed a change at the beginning of fiscal year 2017-18 as the expatriates sent home US$1,418.58 million in August, up by $234.97 million from the corresponding month in the previous fiscal 2016-17 (FY17), according to the BB data.

Migrant workers sent $ 1,115.57 million in July, which was $110.06 million up from the corresponding month in the previous fiscal.

“The overall situation has improved as BB has taken some measures to streamline the legal channel for encouraging Non-Resident Bangladeshis (NRBs) to send home money,” said Bangladesh Bank (BB’s) Deputy Governor Abu Hena Mohammad Razee Hassan earlier.

As part of its move to plug the informal channels, he said, the central bank has already put some mobile banking operators under close supervision as it has identified some mobile accounts used for sending home remittances illegally, he added.

According to BB, the country received a total of $15,316.91 million in FY15, $14,931.15 million in FY16 and $12,769 million in FY17.

“The recent flow of remittance indicates that it is gradually increasing and this trend is likely to continue throughout FY 18. BB is trying to create awareness among the expatriates to send remittances through proper channels,” said Hassan.

About author

Leave a reply

You must be logged in to post a comment.


Reflection Team


স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

ভেঙে পড়ছে গ্রিসের অর্থনীতি। দুই মেয়াদে ক্ষমতায় এসেও সিপ্রাস সরকার চিত্রটা পাল্টাতে পারেনি। দিন দিন বাড়ছে বেকারত্ব। গোটা দেশটার আর্থ-সামাজিক…

Recent Video

Photo Gallery

Folder not found