The New Nation - Internet Edition

Islami Bank Bangladesh Limited and NK Placid Corporation signed an agreement on instant cash service at a simple ceremony held at the Placid NK Corporation's head office in USA. Mohammad Abdul Mannan, Deputy Executive President and Head of International Banking Wing of Islami Bank Bangladesh Limited and Kamal U Ahmed, President of Placid NK Corporation set their hands on the document in favor of their respective sides.

According to this agreement the recipients will now be able to receive the fund sent by the expatriates in the USA from any Branch of Islam Bank without opening any account therewith.

Islami Bank Bangladesh Limited so far signed instant cash agreement of this kind with 26 exchange houses around the globe so far.

Mohammad Abdul Mannan, Deputy Executive President of the bank left for the USA to atend the 'Global Leadership Development Programme' organized by International Center for Leadership in Finance.

In his interview with different media including Voice of America (VOA), he focused on the role of the Bangladeshi expatriates in the economic development of the country and the significant contribution of Islami Bank in bringing the hard earned foreign currency of the expatriates into the country through banking channel.