Thursday 24 January 2008

Bangladesh: BRAC Bank, Merchantrade launch remittance services

BRAC Bank Limited and Merchantrade Asia Sdn Bhd (Merchantrade), a recognised remittance service provider in Malaysia, launched remittance services, especially for Bangladeshi migrant workforce in Malaysia recently.

BRAC Bank Probashi Banking Service Head Naushad Hussain and Merchantrade Managing Director (MD) Ramasamy Veeran were present at the agreement signing ceremony on behalf of their respective organisations, said a press release issued by the bank.

"BRAC Bank is considered one of the largest players in the remittance market of Bangladesh and the agreement with Merchantrade is another milestone to establish its goal," said Naushad.
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