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NRB CIP Association ink deal with BRAC Bank on remittance


Published : 20 Feb 2024 08:34 PM

BRAC Bank has signed a partnership agreement with NRB CIP Association to promote remittance and investment inflow into the country.

NRB CIP Association is an organisation of Non-resident Bangladeshi (NRB) commercially important persons (CIPs) living in different countries.

The agreement will enable expatriate Bangladeshi businessmen, professionals, and their families back in Bangladesh to avail exclusive banking, remittance and investment services from BRAC Bank. 

Mohammed Mahtabur Rahman CIP, President of NRB CIP Association, and Sheikh Mohammad Ashfaque, Head of Branches of BRAC Bank, signed the agreement in Sharjah, UAE, on February in the presence of Shofiqur Rahman Choudhury MP, State Minister for Expatriates’ Welfare and Overseas Employment.

The agreement was signed on the sidelines of a reception programme hosted in honour of Shofiqur Rahman Choudhury MP, State Minister for Expatriates’ Welfare and Overseas Employment. 

BM Jamal Hossain, Consul General of Bangladesh, senior officials of the Ministry of Expatriates’ Welfare and Overseas Employment, members of NRB CIP Association and expatriate Bangladeshis were present. Among others are Mohammed Yaseen Chowdhury CIP, NRB CIP Association General Secretary, and Shahrear Md. Zamil, Head of Remittance and Probashi Banking; Khondker Emdadul Haq, Head of Government Relations; Kh. Shafayet Hossain, Head of Corporate Affairs, BRAC Bank, were present.