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Al-Arafah Islami Bank Limited (AIBL) and US-based remittance house Transmit International Inc. signed a foreign remittance agreement at the AIBL head office in the city Wednesday, said a press release.

AIBL Deputy Managing Director Ihsanul Aziz and Senior Vice-President ANM Abdus Shahid, and Transmit International President and Chief Executive Officer (CEO) Mohammed M Islam and Country Director Md Taibur Rahman signed the agreement on behalf of their respective organisations.

After signing the agreement, Transmit International President and CEO Mohammed M Islam exchanged documents with AIBL Managing Director MA Samad Sheikh.

Also present in the signing ceremony were AIBL board of directors member Abdul Malek Mollah, Additional Managing Director ATM Harun-ur-Rashid Chowdhury, Executive Vice-President (EVP) Rafiul Alam, EVP and Company Secretary Mofazzal Hossain and Vice-President AW Shamsujjoha.

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