National Bank recognised as top remittance receiver

National Bank Limited (NBL) was recognised as the “Top Remittance Bank Receiver 2024” at the “Bangladesh Remittance Fair 2024” held in New York of the United States.
The bank got the recognition for being the second highest receiver of remittances sent from the United States to Bangladesh, the bank said in a press release.
Abdul Awal Mintoo, chairman of the bank, received the award from Raihanul Islam Chowdhury, senior vice-president of the Bangladesh-US Chamber of Commerce and Industry, at a ceremony at the bank’s head office in the capital’s Banglamotor recently.
Commenting on the recognition, Mintoo said that this recognition belongs to the expatriate remittance warriors.
“National Bank, as a pioneer in remittance acceptance, began bringing foreign earnings into Bangladesh in 1994 through a partnership with Western Union.”
“This success story of National Bank Limited exemplifies the potential for turnaround through focused leadership and strategic investments in technology and human capital. As NBL continues to navigate the evolving landscape of foreign remittance, its commitment to excellence and growth remains unwavering,” he added.
Md Touhidul Alam Khan, managing director and CEO of the bank, said that the bank has subsidiary institutions in various countries such as Singapore, Malaysia, the Maldives, Oman and Greece for collecting remittances.
Sheikh Akhtar Uddin Ahmed, Imran Ahmed and Mohammad Abdul Matin, deputy managing directors of the bank, Milton Roy, head of the foreign remittance division, and Madhusudan Saha, Bangladesh representative of the Bangladesh-US Chamber of Commerce and Industry, among others, were also present.