Islami Bank grabs top spot in remittance award

By Star Business Desk

Islami Bank Bangladesh PLC has secured first position in the "Remittance Award 2026", conferred by the Ministry of Expatriates' Welfare and Overseas Employment, for collecting the highest amount of remittance in the fiscal year 2024-25.

Asif Nazrul, adviser to the Ministry of Expatriates' Welfare and Overseas Employment, handed over the award to Md Omar Faruk Khan, managing director of Islami Bank Bangladesh PLC, at an award-giving ceremony held at Osmani Memorial Auditorium in Dhaka today, according to a press release.

The Ministry of Expatriates' Welfare and Overseas Employment organised the programme on the occasion of International Migrants Day and National Expatriates Day 2025.

Md Rafiqul Islam, deputy managing director of the bank; Md Motahar Hossain Mollah, senior vice-president; and Mohammad Shahadat Hossain, vice-president, were also present.