Online Desk: Islami Bank Bangladesh PLC organised Agent Banking Business Conference-2024 and a workshop on the prevention of money laundering and terrorist financing at a hotel in Chattogram on Saturday.

Mohammed Monirul Moula, Managing Director and CEO of the bank, addressed the conference as the chief guest.

JQM Habibullah, FCS, Additional Managing Director and Miftah Uddin, Deputy Managing Director were present as the special guests. Md. Maksudur Rahman, Senior Executive Vice President and Head of the Development Wing presided over the conference.

Monirul Moula said in the conference that Islami Bank currently operates 2,771 agent outlets nationwide having deposited an amount of Tk 14,305 crore.

In 2023, Agent Outlets earned a new deposited amount of Tk 3,255 crore. Agent Banking extends to fostering economic development, generating employment, alleviating poverty, and promoting overall economic growth by ensuring financial inclusion in remote areas.

He further said these Agent Outlets play a vital role in enhancing services for expatriates, particularly in channeling foreign remittances to the banking system.

As a testament to their impact, Islami Bank’s Agent Outlets have significantly contributed, boosting 52 percent of all agents in the country involved in remittance collection last year, according to a press release.