Dhaka, Bangladesh (BBN)- The Rupali Bank Limited has taken an initiative to increase the number of its foreign currency exchange booths particularly airports to facilitate the remittance inflow, officials said.
They said the move will help the state-owned commercial bank increase its remittance collection and make the banking services to the expatriates easier.
The bank has already set up such a booth at the Hazrat Shahjalal International Airport in the capital Dhaka and establishment of the same type of booths at the Chittagong and Sylhet airports is under process.
The Rupali Bank also set up 38 normal ATM (automated teller machine) booths in different areas of the country and fixed its target to establish 50 more ATM booths within this year.
To provide modern banking services to its customers, the bank has also launched online banking activities at its 131 branches in the country.
The foreign remittance of the bank increased by 6.50 percent to BDT 21.14 billion in 2011 compared to that of the year 2010. To increase the foreign remittance, the bank in 2011 signed drawing arrangement with four exchange companies of United Arab Emirates (UAE); and currently, the number of its exchange companies and correspondent banks is 26 and 182 respectively.
In 2012, the bank received remittance worth BDT 24.76 billion, which was BDT 24.28 billion as of December 2013.
BBN/SSR/AD-04Apr14-5:17 pm (BST)
