The New Nation - Internet Edition

A "Bangladesh Trade Fair (Autumn Fair- 2008)" was held at Bahrain International Exhibition Centre, Manama in Bahrain recently. Pubali Bank Ltd. participated in the trade fair with a view to expand and promote foreign remittance business from Bangladeshi expatriates from Bahrain to Bangladesh through Pubali Bank Ltd.

Md. Saiful Islam, Charge d'Affaires, Embassy of the People's Republic of Bangladesh, Manama, Bahrain, Habibur Rehman Jilani, Ambassador of Pakistan in Bahrain, Enayet Karim, Managing Director of Dhaka International Exhibition Company visited the Pubali Bank's stall.

Managing Director of Pubali Bank Helal Ahmed Chowdhury stressed upon the need to remit the earnings of Bangladeshis through official channels in consideration of the Anti Money Laundering Act. He underscored the facilities for remitting the earnings through Pubali Bank. He also gave assurance to expedite the remittance to the beneficiaries in Bangladesh in the quickest possible time. The delegates met the Bangladeshi expatriates and expressed the need for sending remittance through the exchange companies. They had a threadbare discussion with Bahrain India International Exchange Co. BSC, Zenj Exchange Co. WLL, Bahrain Express Exchange, Bahrain Financing Company, World Exchange Centre W.L.L, National Finance & Exchange, Nonoo Exchange Co. (S.P.), Dalil Exchange. UAE Exchange Centre, Arab Exchange Co. (Arexco) etc in channelising remittance to Bangladesh towards expansion of PBL remittance business. The exchange companies expressed their keen interest to route remittance through Pubali Bank and conclude remittance relationship with the bank taking the services and branch network of 361 branches located in the remote areas of Bangladesh into consideration. Mentionable some exchange companies of Bahrain already have arrangement with Pubali Bank Ltd. and sending remittance to Bangladesh through Pubali Bank Ltd.

General Manager of International Division of PBL Syed Md. Masum, General Manager of Foreign Exchange Branch of PBL M.A. Halim Chowdhury & DGM of International Division of PBL Md. Hasan Ali was also present in the trade fair.