Expatriate Welfare Bank will open branches in six divisional headquarters in January to help people get jobs overseas and increase remittance inflow to the country.

“The bank will open its branches in Chittagong, Khulna, Sylhet, Barisal, Rajshahi and Rangpur in January next year,” managing director of the bank CM Koyes Sami told BSS.

He said the bank would also open three booths at Dhaka, Chittagong and Sylhet airports and exchange houses in different countries so expatriate Bangladeshis can get necessary banking services at their convenient.

Established in April this year with a paid-up capital of Tk 100 crore, the bank offers aspirant migrant easy loan at only 9 percent interest to cover their cost for going overseas.

The bank in the last eight months provided 175 people with around Tk 2 crore loans, who eventually migrated to different countries including Singapore, Bahrain, Jordan, UAE, Italy and Mauritius.

The Daily Independent/Bangladesh/ 21th Dec 2011