Committed to PEOPLE'S RIGHT TO KNOW
Vol. 4 Num 283 Mon. March 15, 2004  
   
Business


Janata Bank takes step to remit money from Greece


Janata Bank has stepped up its efforts to increase the flow of remittance to Bangladesh from Greece.

The step has been taken at the directive of finance and planning minister and state minister for expatriate welfare and overseas employment, says a press release.

The Managing Director of the bank Murshid Kuli Khan is now visiting Greece to observe the feasibility of remitting fund from Greece and make arrangement to increase its inflow to Bangladesh.

About 10,000 expatriate Bangladeshis are now staying in Greece.

Khan will exchange views with the expatriate Bangladeshis and discuss with the Commercial Bank of Greece in this regard. Janata Bank has already made an agency arrangement with the Commercial Bank of Greece to remit fund to Bangladesh.

Meanwhile the bank has undertaken a step to collect fund from Canada through an exchange company in Toronto, the press release said.

The JB authorities hoped that these measures would greatly help increase remittance business through expansion of the network of Janata Bank.