The New Nation - Internet Edition

BUSINESS REPORT

An arrangement of remittance was signed recently between Islami Bank Bangladesh Limited and Maybank, Malaysia.

The signing ceremony was held at the head office of Maybank in Kuala Lumpur.

Md. Habibur Rahman, Deputy Executive President and Head of International Banking Wing of IBBL and Omr Awang, Head of Financial Institutions of International Banking of Maybank signed the agreement on behalf of respective banks.

The program was attended, among others, by Md Siddiqur Rahman, Vice President of IBBL, Ahmed Azhar Bin Shamsuddin, Assistant Vice President and Chief of Consumer Banking of Maybank and Senior Relationship Manager of Maybank Nurain Yatim.

Now it has become easier for the expatriates to send fund to the recipients for introducing Central Remittance Processing Division and online banking, internet, e-mail and developed technology based services in the branches.

Islami Bank Bangladesh Limited has by now signed Instant Cash Agreement with 71 banks and exchange houses and spot cash agreements with 42 institutions in the globe.