Committed to PEOPLE'S RIGHT TO KNOW
Vol. 4 Num 244 Fri. January 30, 2004  
   
Business


HSBC Bangladesh in Dubai festival
The Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh is taking part in the month-long Dubai Shopping Festival to promote 'Bangladesh International', a product for non-resident Bangladeshis (NRBs) to remit their earnings to Bangladesh.

The product will help the expatriates to send remittances through proper banking channels, says a press release.

Bangladesh International enables the expatriates to open foreign currency current accounts and interest bearing deposit accounts in US dollar, pound sterling and euro.

HSBC also provides Wage Earner Development Bonds (WEDB), US Dollar Bonds (USDB), taka overdrafts and other loan facilities under Bangladesh International.

NRB account holders also have access to more than 800,000 automated teller machines (ATMs) around the world.

The HSBC is the only bank from Bangladesh participating in the festival.

The festival will continue till February 15.