Southeast Bank PLC has signed a Memorandum of Understanding (MoU) with Sikder Insurance Company Limited to provide tailored banking solutions to the insurer's employees. 

Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, and Sk Abdur Rafique, managing director and CEO of Sikder Insurance Company Limited, exchanged the agreement on behalf of their respective organisations, according to a press release. 

Employees of Sikder Insurance Company Limited will now receive their salaries and other banking benefits through Southeast Bank's payroll banking service.

Besides, the bank's corporate payment module will enable seamless fund transfers, vendor payments, and other corporate financial transactions. 

Nuruddin Md Sadeque Hossain said, "We are pleased to partner with Sikder Insurance Company Limited. Our collaboration reflects our commitment to offering innovative banking solutions that enhance operational efficiency and financial management for corporate clients. We look forward to a fruitful and long-term partnership." 

Masum Uddin Khan, deputy managing director of Southeast Bank, and other senior officials from both organisations were also present.