A meeting was held between Mohammad Javed Patwary, Bangladesh ambassador to Saudi Arabia, and Zafar Alam, managing director and CEO of Social Islami Bank, recently.
During the meeting a number of issues were discussed such as enhancing remittance flows through legal channels, said a press release.
The discussion also included that the bank may work together with the embassy for improving standards of living of expatriates. Furthermore, Social Islami Bank is eager to open a branch in the Kingdom to uphold the interests of expatriates, and to collaborate with Saudi banks for trade-finance facilitation.
Mohammad Habibur Rahman, deputy managing director, and Towhid Hossain, SEVP and head of IRMD-1, were also present at the meeting.
Zafar Alam reaffirmed his commitment to supporting Bangladeshi expatriates and strengthening economic ties between Bangladesh and Saudi Arabia.
He also said, “We are ready to explore avenues for cooperation and collaboration to benefit the expatriate communities.”  “The bank always puts special emphasis on remittance senders, as a result the bank has tailored products for them including special discounts in SIBL Foundation Hospital and transportation facility from Dhaka airport to anywhere inside Dhaka city and so on.”