Brac Bank spurs legal remittance channels at UAE festival

Brac Bank took part in a "Remitters' Festival-2022" at Expo Centre Sharjah in the UAE recently which was aimed at encouraging expatriates to send their hard-earned money home through legal channels, especially banking channels. 

Organised by event management company Idea Gallery, the three-day fair was inaugurated by Planning Minister MA Mannan on October 14.

Selim RF Hussain, managing director of Brac Bank, spoke at a discussion on "Increasing Remittance Flow through Official Channel – Understanding Senders Behaviour".

He said facilitating the smooth flow of international remittance was one of the lender's top priorities.

"We can provide comprehensive banking solutions involving Probashi accounts, investment and wealth management services, and bundle those with insurance, pension, healthcare, and family welfare," he said.

"…the expatriates will be better positioned to send remittances through banking channels, avoiding informal ways," said Hussain, who is also chairman of the Association of Bankers Bangladesh.

Abu Zafar, Bangladesh's ambassador to the UAE, Kazi Sayedur Rahman, deputy governor of Bangladesh Bank, Jamal Hossain, consul general for Dubai and Northern Emirates, Md Shaheen Iqbal, deputy managing director of Brac Bank, and senior officials of different Bangladeshi banks attended the festival.