Bangladesh Bank

Foreign Exchange Investment Department

Name & Designation Email Telephone Fax
Nurun NaharDeputy Governor
Dr. Md. Kabir AhmedExecutive Director (Grade-1)
880-2- 9530419--
Abu Saleh Mohammad Shahab UddinDirector (FIID)
    Work Summary
  • 1. Checking of reporting related to shares issued by Bangladeshi companies in favor of non-resident
  • 2. Checking of NRTA Account
  • 3. Checking of reporting of shares transferred to resident by the non-resident
  • 4. Accord permission for outward remittance of the sales proceeds
  • 5. Intimation regarding opening of branch offices abroad by Bangladeshi Companies
  • 6. Dealing with the cases of outward remittances to meet necessary capital/revenue expenditure to establish
  • 7. Monitoring the activities of subsidiaries and exchange houses of Bangladeshi Banks abroad
  • 8. Dealing with the cases of capital investment/equity participation abroad by a Bangladeshi firm
  • 9. Monitoring the activities of subsidiaries of Bangladeshi companies abroad
  • 10. Monitoring of foreign portfolio investment of foreign investors in Bangladesh through NITA
  • 11. To monitor reporting /intimation of Branch/Liaison/representative offices of Foreign entities operating
  • in Bangladesh under section 18B of Foreign Exchange Regulation Act, 1947
  • 12. Approval of remittance of residual amount after closure of local branch/liaison/project office of foreign companies
  • 13. (a) Approval/ Renewal of local General Sales Agent (GSA) of foreign air lines (b) Permission for opening of local branch office of foreign air lines and permission to appoint of forign nationals in those offices
  • 14. Post-facto checking of profit remittance of branch offices of foreign banks
  • 15. Post-facto checking of expenditure of branch offices of foreign banks
  • 16. Post-facto checking of profit remittance of branch offices of foreign companies/firms other than banks
  • 17. Post-facto checking of dividend remittance of foreign shareholders of Bangladeshi companies
  • 18. Post facto checking of Hotel remittance
  • 19. Approval of remittance of Management fees/Travel Agent commission/Software support service fee/Sales & Marketing fee/World luxury hotel competition & certification fee/Insurance premium, etc. of the international hotels
  • 20. Permission for appointment of overseas agent by Bangladeshi companies under Para-24, Chapter-10 of GFET, 2018
  • 21. Approval of external term borrowing by industrial enterprises in Export Processing Zones (EPZs), Economic Zones (EZs) and Hi-Tech Parks (HTPs) as per Para-7, Chapter-15 of GFET, 2018 and subsequent circulars
  • 22. Approval of extension of payment period of Letter of Credit opened for 360 days sight basis (usance basis) for importing capital machineries as per Chapter-7 Para-33(a) of GFET, 2018
  • 23. Examination of draft bilateral investment promotion agreements with different countries and international agencies relating to investment and providing opinion to different government authorities on the same
  • 24. Providing opinion to various government authorities on FDI and Foreign loan related issues
  • 25. Preparing summary statement for the Honorable Governor on the proposals of private sector foreign borrowing sent by the Board of Investment to the Governor as the Chairman of the Private Foreign Loan Scrutiny Committee
  • 26. Work related to focal point and alternative focal point of One Stop Service (OSS) under BEPZA, BEZA, BHTP, BIDA and PMO
  • 27. Review and Analysis of periodical Foreign Loan Statements submitted by Bank
  • 28. Monitoring/supervision the activities of Overseas Branches of Bangladeshi Airlines, Shipping Lines
  • 29. Work related to JICA funded "Foreign Direct Investment Promotion Project (FDIPP)"