Karmasangsthan Bank Agreement Signing

4 January 2016,

Karmasangsthan Bank (KB) has recently signed Memorandum of Understanding (MoU) to use SureCash mobile banking and payment platform. Under this MoU, KB will use mobile-phone based SureCash automated payment platform for loan disbursement and collection for their 2.5 lakh customers across the country.

Managing Director Mr. Md. Obayed Ullah Al Masud, GM Admin. Mr. Kafil Uddin Ahmed Chowdhury, GM Operation Mr. Md. Shafiqul Mawla, GM Accounts & Audit Mr. Gokul Chandra Roy of Karmasangsthan Bank were present along with the SureCash members Chief Executive Officer Dr. Shahadat Khan, Chief Business Officer Md. Abu Taleb and other officials at the signing ceremony held at the bank auditorium.

At the ceremony Managing Director of Karmasangsthan Bank Mr. Md. Obayed Ullah Al Masud said, ‘This is a milestone for this bank in its process of digitalization in order to improve customer service, reduce operation expenses and increase efficiency. Using this service, KB customers will receive their loans into their SureCash mobile banking accounts, and will also digitally pay their installments without visiting any KB branch office.’