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Islami Bank MoU on agent banking signed
Islami Bank MoU on agent banking signed
Islami Bank Bangladesh Limited and RISDA Bangladesh signed Memorandum of Understanding on June 20, 2017 Tuesday in the board room of Islami Bank Tower for providing agent banking services. Md. Abdul Hamid Miah, Managing Director & CEO of IBBL and Md. Hemayet Hossain, PhD, Executive Director of RISDA Bangladesh signed the MoU on behalf of the respective institution. Md. Habibur Rahman Bhuiyan, FCA, Md. Mahbub-ul-Alam, Abdus Sadeque Bhuiyan, Md. Shamsuzzaman, Mohammad Monirul Moula, Mohammad Ali, Abu Reza Md. Yeahia, JQM Habibullah FCS and Taher Ahmed Chowdhury, Deputy Managing Directors, Md. Mahbub Alam, Head of Agent Banking Division and Mohammad Nuruzzaman, Chairman, RISDA Bangladesh and Md. Humayun Kabir, Deputy Executive Director along with senior officials of both the organizations were present on the occasion.

Islami Bank recently got the approval of conducting Agent Banking Activities from Bangladesh Bank. This is the first MoU signed between Islami Bank and RISDA Bangladesh to this effect. Under this arrangement, unbanked people of remote areas of the country can easily avail the different banking services including opening bank account, deposit, withdrawal, utility bill and government fees payment, account balance inquiry, internet banking, mobile recharge, money transfer and remittance.
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