AB Bank signs MoU with SA group

AB Bank Ltd. and S. A. Group of Industries has signed a Memorandum of Understanding (MoU) recently, said a press release.

Tariq Afzal, president and managing director, AB bank and Md. ShahabuddinAlam, chairman of S.A. Group signed the agreement on behalf of their respective organizations.

According to the MoU, the nationwide collection of S.A. Group will be collected through all branches and agent outlets of AB Bank. In addition, the salaries of 2500 officers and employees of S.A. Group will henceforth be paid through AB bank, the release said.