বাংলা | Epaper

বাংলা E-Paper 📍 Dhaka 📅 Wednesday | 4 November 2026, 19 Kartik 1433 PID registration number 06

HEADLINE

● ECNEC approves 13 projects worth Tk 58,089cr ● 10 injured in Savar labour unrest, including journalists and police ● 24 platoons of BGB deployed in key industrial areas amid labour unrest ● B'desh and Kosovo share common history of independence: Speaker ● HSC supplementary exams set for Dec 1 ● Police disrupt NCP funeral prayer in Gazipur ● Democrats capture both Senate and House in sweeping US midterm victory

Islami Bank launches three foreign currency accounts for expatriates

Published : Wednesday, 4 November, 2026 at 7:03 PM

Press Release

Islami Bank Bangladesh PLC has launched three new foreign currency accounts to expand savings and investment opportunities for non-resident Bangladeshis.

Mohammad Zahir Hussain, chairman of the bank and an executive director of Bangladesh Bank, inaugurated the accounts at Islami Bank Tower on Wednesday.

The newly introduced products are Mudaraba Non-Resident Convertible Taka (NRCTA) Savings Account, Al-Wadeeah NRCTA Current Account and Mudaraba NRCTA Term Deposit Account.

Speaking at the launch ceremony as the chief guest, Zahir Hussain said Islami Bank contributes around 17 per cent of the country's total remittance inflows and plays a significant role in economic development and the growth of foreign exchange reserves.

He said the new accounts would allow expatriate Bangladeshis to save and invest their foreign currency earnings while earning Shariah-compliant profits. Account holders will also be able to repatriate their deposits, along with profits, and operate their accounts through digital channels.

The initiative is expected to encourage remittances through formal banking channels, improve the financial security of expatriate Bangladeshis and strengthen the country's foreign exchange reserves.

The programme was chaired by the bank's Acting Managing Director Md Altaf Hossain. Additional Managing Director Dr M Kamal Uddin Jasim delivered the welcome address, while Md Moniruzzaman, head of the Offshore Banking Unit, presented an overview of the accounts.

Senior executives of the bank, heads of zones and branches, and foreign exchange and sub-branch in-charges attended the programme virtually.

- MaT

Also read

Sonali Bank signs MoU with DIFE to collect fees online

BRAC Bank offers discounted counselling services to cardholders

Money changers allowed to open FX accounts

Google invests $15bn in Malaysia, eyes 37,000 jobs

Bank Asia organises eye check-up programme for employees

NCC Bank Provides Modern ICU-Equipped Ambulance to Zia Heart Foundation, Dinajpur

Community Bank signs BB agreement to boost frozen food exports

Shahjalal Islami Bank holds AML/CFT workshop in Rajshahi

Editor : Iqbal Sobhan Chowdhury

Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Advertisement: 41053012; 01793317829, 01550707291, 01550707296
E-mail: [email protected], [email protected]. [email protected], [email protected], [email protected], ‍[email protected], Online-email: [email protected]

🔝