Published:  12:20 AM, 13 September 2017

BB award to encourage inflow of remittances


Bangladesh Bank (BB) will give remittance award to the highest remittance senders and the highest remittance receiving institutions for encouraging Non Residence Banglad-eshis (NRBs) to send money through legal channels.

"We will give the 'Bangladesh Bank Remi-ttance Award-2016' under five categories to expedite the inflow of remittance," BB's Finan-cial Inclusion Department General Manager M Abul Bashar told, reports BSS yesterday. The categories are skilled remitter, unskilled remitter, bond investor NRB, exchange house owner NRB and the highest remittance receiver bank.

Abul Bashar said the award will be handed over at a function to be held on September 19 at Bangla Academy in the city.  Finance Minister AMA Muhith is expected to attend the function as the chief guest while Financial Institutions Division Secretary M Eunusur Rahman and BB Governor Fazle Kabir will attend it as special guests.

BB Deputy Governor Shitangshu Kumar Sur Chowdhury will chair the function. A total of 35 awardees, including remitters, exchange houses, bond investors and banks, will receive the award.

-BSS

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