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Tk 10.36b remitted by NRBs thru’ Sonali Exchange |
News |
March
13, 2000 Sonali
Bank has decided to open another branch of Sonali Exchange Company (SEC),
a subsidiary organization of the bank, in Atlanta after the successful
operation of its braches in New York and Los Angeles. The
decision was disclosed by Managing Director of Sonali Bank and Chairman of
SEC’s board of directors M Enamul Haq Chowdhury Sunday on arrival in
Dhaka after visiting New York. Taka
10.36 billion were remitted to the country by the nonresident Bangladesh (NRBs)
through branch during the year 1999, he further disclosed. Chowdhury
attended a SEC board meeting held March 3 in New York. SEC Director KA
Rashid and Chief Executive Officer in New York Humayun Kabir were also
present at the meeting. The
overall development and business viability SEC were reviewed at the board
meeting, said a press release. Chowdhury
told the meeting if the standard of service is improved, NRBs would
positively extend their corporations and come forward to send foreign
exchange earned by them through the SEC. Sonali
Exchange Co in New York and Los Angeles earned an accountable success in
sending foreign exchange earned by the Bangladesh nationals working
there-to-there relatives and nominees promptly and safely. SEC
started functioning in 1994 under exclusive ownership of Sonali Bank with
only one office in Manhattan. Now SEC has four branches in New York and
one in Los Angles out of which success of Jackson Height branch is
tremendous. Besides
attending the board meeting, Chowdhry visited Atlanta and Boston to see
the viability of opening new offices there. Source:
The Financial Express
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