Bank Asia signs cash management solution deal with Heidelberg Materials

Bank Asia PLC has signed a strategic partnership agreement with Heidelberg Materials Bangladesh PLC to launch an integrated cash management solution, further strengthening collaboration between the two organisations.

Sohail RK Hossain, managing director of Bank Asia PLC, and Ong Kian Hock Terence, managing director of Heidelberg Materials Bangladesh PLC, signed the agreement at the Bank Asia Tower in Dhaka's Karwan Bazar recently, according to a press release.

Under the partnership, Heidelberg Materials Bangladesh PLC will leverage Bank Asia's extensive collection network and advanced digital platforms to enhance operational efficiency, streamline fund management and improve overall service delivery across its nationwide operations.

Senior officials from both organisations were also present at the signing ceremony, underscoring the significance of the collaboration and reaffirming their shared commitment to innovation, efficiency and sustainable growth.