Economic Reporter :
With the general banking hours ending tomorrow ahead of the 5-day Eid vacation, commercial banks are witnessing huge rush of clients withdrawing cash to meet Eid-ul-Azha expenses.
Over the last two working days, the banks in the metropolis have been packed with clients, especially for withdrawal of remittances.
“Expatriates generally send a large amount of money to their relatives before Eid-ul-Azha for purchasing animals to sacrifice in the name of Almighty Allah,” Deputy Managing Director of the Islami Bank Bangladesh Limited (IBBL) Abu Reza M Yeahia told on Sunday.
“On August 16, we received around US$38 million remittance from different countries, including the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE). The amount was about $15 million on August 7,” he added.
While visiting different bank branches in the capital on Sunday, it was found that officials-employees were facing difficulty in handling large number of clients, who were waiting in queues before the cash counters for withdrawal of cash. People were seen standing in queues for more than half an hour for cash withdrawal.
While talking, Head of the Southeast Bank Limited (SEBL) Dhanmondi Branch Abdul Quaium Chowdhury said his branch was packed with customers who were there to complete necessary transactions ahead of Eid-ul-Azha.
“There were huge transactions, especially by the individuals, in the branch over the last two days. A large number of clients queued in the cash transaction section on Sunday and over Taka 7 crore, major part of the amount is remittance, was transacted,” he added.
Quaium, also Executive Vice President of the SEBL, said the management of the SEBL took all sorts of measures, including reserving sufficient money, to tackle the crowd before Eid and so the bank did not face any difficulties.
He said expatriate Bangladeshis are sending huge remittance ahead of Eid as the bank on Sunday received about Taka 3.20 lakh from different countries especially from the Middle East and Malaysia.
“I have been standing in the queue for about half an hour to complete my transaction,” said Shahjahan Kabir Heron, whose brother sent him money from France. He was withdrawing the money from the Local Office Branch of the IBBL at Motijheel.
With the general banking hours ending tomorrow ahead of the 5-day Eid vacation, commercial banks are witnessing huge rush of clients withdrawing cash to meet Eid-ul-Azha expenses.
Over the last two working days, the banks in the metropolis have been packed with clients, especially for withdrawal of remittances.
“Expatriates generally send a large amount of money to their relatives before Eid-ul-Azha for purchasing animals to sacrifice in the name of Almighty Allah,” Deputy Managing Director of the Islami Bank Bangladesh Limited (IBBL) Abu Reza M Yeahia told on Sunday.
“On August 16, we received around US$38 million remittance from different countries, including the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE). The amount was about $15 million on August 7,” he added.
While visiting different bank branches in the capital on Sunday, it was found that officials-employees were facing difficulty in handling large number of clients, who were waiting in queues before the cash counters for withdrawal of cash. People were seen standing in queues for more than half an hour for cash withdrawal.
While talking, Head of the Southeast Bank Limited (SEBL) Dhanmondi Branch Abdul Quaium Chowdhury said his branch was packed with customers who were there to complete necessary transactions ahead of Eid-ul-Azha.
“There were huge transactions, especially by the individuals, in the branch over the last two days. A large number of clients queued in the cash transaction section on Sunday and over Taka 7 crore, major part of the amount is remittance, was transacted,” he added.
Quaium, also Executive Vice President of the SEBL, said the management of the SEBL took all sorts of measures, including reserving sufficient money, to tackle the crowd before Eid and so the bank did not face any difficulties.
He said expatriate Bangladeshis are sending huge remittance ahead of Eid as the bank on Sunday received about Taka 3.20 lakh from different countries especially from the Middle East and Malaysia.
“I have been standing in the queue for about half an hour to complete my transaction,” said Shahjahan Kabir Heron, whose brother sent him money from France. He was withdrawing the money from the Local Office Branch of the IBBL at Motijheel.
