EBL, iFarmer sign agreement

Eastern Bank PLC (EBL) will offer agri-loan to the listed farmers of iFarmer, a leading agri-tech company of the country.  M. Khorshed Anowar, DMD and Head of Retail and SME Banking of EBL and Md. Fahad Ifaz, Co-founder and CEO of iFarmer signed an agreement to this effect at the

BRAC Bank signs agreement with BB

BRAC Bank has signed a participation agreement with Bangladesh Bank to avail Credit Guarantee facility to support women and agro-based product processing entrepreneurs. This facility will support women entrepreneurs in small enterprises, and the agro-processing industry under Bangladesh's refinance scheme. Selim R.F. Hussain, Managing Director & CEO, BRAC Bank, and

Emirates and ITA Airways sign codeshare agreement

Emirates and ITA Airways of Italy have inked an MoU for the expansion of their existing interline into a full codeshare partnership. Once activated, the codeshare will boost travel options and connection choices for customers travelling between Dubai, Italy and beyond. Under the planned codeshare, Emirates’ customers will be able to

IFAD Autos signs agreement with upay

An agreement has recently been signed between IFAD Autos & upay to enable the vehicle manufacturing company to collect monthly installments from its customers and pay employees’ salaries through upay, the country’s fastest growing mobile financial service provider. From IFAD Autos, its AGM, Finance Nafizul Islam Chowdhury and AGM-Import &

EBL partners with Daytona

Eastern Bank PLC. (EBL) has signed a remittance service agreement with Daytona Capital Management Limited (Daytona) for Money Transfer Service of Hello Paisa, a globally prominent remittance brand of Daytona, incorporated in UK, a press release said Monday. Moosa Manjra, CEO, Daytona Capital Management Limited and Ali Reza Iftekhar, Managing

HSBC, Hirdarami sign agreement

The Hongkong and Shanghai Banking Corporation Limited (HSBC) and Hirdaramani Group in Chattogram, Bangladesh have recently signed an agreement to offer Host to Host payments solutions for Hirdaramani Group Bangladesh, one of the largest Readymade Garment Manufacturers in the country. The agreement between the two organisations was signed recently. Gerard

SJIBL signs agreement with Daraz

Shahjalal Islami Bank PLC (SJIBL) signed an agreement with Daraz Bangladesh Limited on 13th February at the bank’s Corporate Head Office, a press release said Wednesday. In presence of the Managing Director & CEO of SJIBL Mosleh Uddin Ahmed, the Additional Managing Director & CBO of the bank Abdul Aziz

EBL-Aster Pharmacy agreement

Eastern Bank PLC. (EBL) cardholders will enjoy special benefits at Aster Pharmacy, the first ever international pharmacy chain in Bangladesh and a franchising initiative of GD, a press release said Wednesday. Assist. M. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of EBL and Syed Moinuddin

Berger signs agreement with IDLC

Berger Paints BD Ltd signed an Issue Management Agreement with IDLC Investments Ltd on February 05 for their proposed Rights Share Issuance plan. Berger intends to raise BDT 3.75 billion by issuing 2,728,111ordinary shares at an issue price of BDT 1,376 per share. Proceeds from the Rights issuance will be

EBL- bKash agreement for online payment solution

BKash has signed an agreement with Eastern Bank PLC. (EBL) for online payment solution with Host-to-Host Connectivity through EBLConnect. Under this agreement, EBLConnect will facilitate different payments of bKash without any manual intervention, which will ensure seamless and efficient transaction. Ali Reza Iftekhar, MD and CEO of EBL and Kamal