Pubali Bank signs MoU with SSL on settlement bank partnership in NPSB platform

Pubali Bank PLC has recently signed a memorandum of understanding (MoU) with Software Shop Limited (SSL), one of the most reputed software development, fintech, and ITeS companies in Bangladesh, to establish a settlement bank partnership under the National Payment Switch Bangladesh (NPSB) platform.

Mohammad Ali, managing director and chief executive officer of Pubali Bank PLC, and Sayeeful Islam, managing director of Software Shop Limited, signed the MoU at the bank's head office in the capital, according to a press release.

Md Shahnewaz Khan, deputy managing director of the bank; Indra Mohan Sutradhar, general manager and head of software development division; Asim Kumar Roy, general manager and head of card operations division; and Md Rabiul Alam, deputy general manager and head of alternative delivery channel division, attended the event.

Iftekhar Alam Ishaque, chief operating officer of SSL; Ahmed Kamal Khan Chowdhury, group adviser; and Md Mohiuddin Tawfik, general manager, along with other senior officials from both organisations, were also present.