Dhaka Bank PLC and the Institute of Cost and Management Accountants of Bangladesh (ICMAB) today announced their collaboration to launch a co-branded Vertical Mastercard credit card for ICMAB members. 

The new card will come with a wide range of lifestyle and travel benefits to enhance the transaction experience of cardholders. A thought-provoking discussion session on "The Role of Professional Accountants and Bankers in Building a Resilient Economy – Lessons for Bangladesh" was also held at the ICMAB Ruhul Quddus Auditorium.

The chief guest of the event was Md. Abdur Rahman Khan FCMA, Secretary, Internal Resources Division (IRD) & Chairman, National Board of Revenue (NBR). The keynote address was delivered by Dr. M. Masrur Reaz, Founder and Chairman of Policy Exchange of Bangladesh.

Along with annual fee waiver and unlimited complimentary access to Balaka Executive Lounge at the Hazrat Shahjalal International Airport, cardholders will be able to avail airport pick-and-drop service. They will also be able to enjoy lounge access at over 1,300 airports across 120 countries through Mastercard Lounge Key program. 

Additionally, cardholders will get to avail 'Buy 1 Get 1' offers at five-star hotels. They will also benefit from a quintuple credit shield program with an insurance cover of up to Tk 40 lakh. Further, cardholders will be entitled to preferential banking services from Dhaka Bank PLC, including enhanced retail and digital banking solutions, exclusive financial services, and lower interest rates on loans. 

Sheikh Mohammad Maroof, Managing Director, Dhaka Bank PLC, said, "We are proud to be associated with ICMAB and Mastercard to introduce this new co-branded credit card for ICMAB members. This joint venture will add a new dimension to the lifestyle of cardholders, allowing them to benefit from transactions both within the country and overseas." 

Mahtab Uddin Ahmed FCMA, President, ICMAB, said, "We are hopeful that this partnership will bring many exciting benefits to our members. We will continue to work on strengthening our association with Dhaka Bank PLC and Mastercard to provide added value to them."

Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard, said, "Mastercard is delighted to collaborate with Dhaka Bank PLC. and ICMAB to power a product which promises to enhance the travel and lifestyle experiences of cardholders. This launch demonstrates the three entities' shared commitment to provide more ease, convenience and peace of mind to cardholders."