BRAC Bank has entered a strategic partnership with Heidelberg Materials Bangladesh to support its financial operations with a robust cash management solution. Under it, BRAC Bank will deliver tailored financial services to Heidelberg, covering collection, payment, and reconciliation solutions. BRAC Bank’s virtual account solution will allow Heidelberg to segregate and manage funds efficiently, enhancing visibility and control over their receivables. They will also avail CORPnet, BRAC Bank’s internet banking platform, for access to payment 24/7. Terence Ong Kian Hock, MD, Heidelberg Materials Bangladesh, and Tareq Refat Ullah Khan, DMD & Head of Corporate & Institutional Banking Division, signed the agreement on October 28, at the headquarters of BRAC Bank.
