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20 August, 2018 00:00 00 AM
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Banks witness huge rush ahead of Eid-ul-Azha

BSS

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-al-Adha expenses, reports BSS. 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 the news agency yesterday.

“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 today, 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.

Talking to the news agency, 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-al-Adha.

“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 today and over Tk 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.

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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