Union Bank Limited has introduced one modern and technology based service ‘Mudaraba Monthly Payable SND Account (MMPSND)’, a press release said Monday. MD and CEO of the bank, A. B. M. Mokammel Hoque Chowdhury, inaugurated the service as chief guest. AMD, Md. Habibur Rahman, DMD, Md. Nazrul Islam, and SEVP
Tag: Modern technology
Digital Banking: Technology in financial services
One hundred and fifty-four years ago, when transatlantic cable was successfully installed, it was basically the beginning of financial technology (fintech). From 1800 to 1913, it was known as Fintech 1.0. The ATM machine was installed at Barclays Bank in England in 1986, a period known as the FinTech 2.0
Union Bank introduces 6 modern technology based services
Union Bank Limited introduced six modern and technology-based services. The six services are Mudaraba Femina Deposit Scheme (Nisa), Mudaraba Senior Citizen Deposit Scheme (Ehsan), Mudaraba Waleda Monthly Profit Scheme (Maa), Mudaraba Lifestyle Deposit Scheme (Sohoj), Welcome Cheque Book and Visa Card. ABM Mokammel Hoque Chowdhury, Managing Director of Union Bank Limited inaugurated