The principal branch of Probashi Kallyan Bank (PKB) was inaugurated at the bank’s head office complex at Eskatan in the city on Monday.
Finance Minister AMA Muhith was present at the inauguration ceremony as the chief guest while Expatriates’ Welfare and Overseas Employment Minister Engineer Khandker Mosharraf Hossain as the special guest.
Managing Director of PKB CM Koyes Sami welcomed the distinguished guests at the ceremony while Dr Zafar Ahmed Khan, Secretary of Expatriates’ Welfare and Overseas Employment Ministry, chaired the meeting.
A helpline (+8809666-752 777, +8809666-752 000) of the bank was also opened at the programme.
In welcome speech MD and CEO of PKB CM Koyes Sami said by distributing loans at only nine percent interest rate among the poor PKB fulfilled the desire of the poor people who wanted to go abroad for work.
“Earlier, they had to go abroad by receiving loans at 100- 120 percent interest rate, in some case at 150 percent rate, from the landlords and the poor people were compelled to repay the loans by selling households and homesteads”, he said.
The PKB MD said the bank is a partner of the government’s success in exporting manpower.
To provide services to the non-resident Bangladeshis the bank has opened 30 branches within last two years, he added.