Abstract:
JANATA Bank Limited is a progressive Banking in Bangladesh. The Bank has been a
nationalized bank, catering the need of the mass business people until recently, when this was
corporatized on 15th November 2007. Janata Bank was thus born with a new concept of
purposeful banking sub serving the growing and diversified financial needs of planned economic
development of the country. JANATA Bank Limited has already established a favorable
reputation in the banking industry of the country. It is one of the leading commercial banks in
Bangladesh. The bank has already shown a tremendous growth in the profits and deposits sector.
Bank serves the customer in different sectors. Remittance is one of the most important services
of Janata Bank.Remittance is sending money from one place to another through banking or
authorized channel. Banks earn maximum portion of non interest income from remittance.That
the increase in remittances is taking place at a time of declining official development assistance
flows adds additional importance to the remittance debate and research. Policy makers are
increasingly concerned with the impact of remittances on poverty and economic development.
