International Journal of Management and Applied Science (IJMAS)
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Statistics report
Jun. 2019
Submitted Papers : 80
Accepted Papers : 10
Rejected Papers : 70
Acc. Perc : 12%
Issue Published : 61
Paper Published : 3967
No. of Authors : 8137
  Journal Paper




Paper Title :
Challenges of Channeling Workers Remittances Through Banks in Bangladesh

Author :Shah Md. Ahsan Habib

Article Citation :Shah Md. Ahsan Habib , (2018 ) " Challenges of Channeling Workers Remittances Through Banks in Bangladesh " , International Journal of Management and Applied Science (IJMAS) , pp. 57-62, Volume-4,Issue-9

Abstract : Worker remittances have been a consistent source of foreign exchange in Bangladesh that has been playing an important role in improving supply side in the foreign exchange market and reducing poverty level. The paper is about challenges of channeling workers’ remittances to come up with some policy inputs for augmenting remittances through banking channel. The paper found that it is now crucial for the country to ensure greater penetration of MFS in remittance services being within the bank led formal model. Banks must work to improve the quality of services to the remitters. Deposit and loan products should be developed to attract remitters through banking channels. Ultimately there is no alternative of designing well-thought positive and negative incentive structure for the remitters. Key Terms- Non-resident Bangladeshi, Remittance, Di-risking, Money Transfer Organization, Mobile Financial Services.

Type : Research paper


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