Islami Bank Bangladesh Limited arranged a view exchange meeting with the expatriate Bangladeshis and representatives of different exchange houses in Malaysia at Ankasa Hotel in Kualalampur, Malaysia recently. Arastoo Khan, Chairman of the bank addressed the program as chief guest. Sayedul Hoque, Labor Counselor, Bangladesh High Commission in Malaysia, spoke the occasion among others. Ashraf Imam, Vice President of the bank, Mohammad Waliullah, Chief Executive of Agrani Exchange, Aktar Uddin Ahmed, Chief Executive of NBL Money Transfer, Mohammad Harun Rashid, Director of Placid Express, Mohammad Saidur Rahman, Chief Executive of CBL Money Transfer, Mohammad Rezaul Karim, Acting CEO of UAE Exchange, expatriates and marketing officials of different banks and exchange houses working in Malaysia were present in the program.
Arastoo Khan, Chairman of the Bank said expatriates has very important role in the economic development of Bangladesh. They are contributing direct role to the country’s reserve basket and contributing to the development by sending remittance through legal-banking channel. He termed the Hundi, as harmful way of remittance collection for the country. He emphasized on giving special offer to the expatriates along with the banking services.
Other participants in the meeting expressed concern over the remitting money through illegal Hundi and mobile phone, and meltdown in remittance outflow from Malaysia in recent months. They urged the Governments of Bangladesh and Malaysia in taking effective measures to check these illegal practices.