The Bangladesh Bank has signed a package agreement styled “IT System for CRT and STR” with Thakral Information Systems Pvt Limited on providing IT supports.

Under the agreement, Thakral Information Systems Pvt Limited will supply hardware infrastructure and other essential accessories for the central bank.

The IT support would be required to implement the World Bank funded the Central Bank Strengthening Project (CBSP) aiming at strengthening the capacity of the BB.

The CBSP, launched in 2003 with the financial support of the World Bank, nears completion as most part of the scheme has been completed. Recently, the BB constituted Bangladesh Financial Intelligence Unit (BFIU) in a bid to beef up its money laundering protection activities.

Md Ahsan Ullah, Project Director of CBSP and Executive Director of Bangladesh Bank, and Shahjahan Majumder, Chief Executive Officer of Thakral Information Systems Pvt Limited signed the agreement on behalf of their respective organisations.

Naznin Sultana, Deputy Governor of Bangladesh Bank, ANM Abul Kashem, high official of CBSP and representatives of Thakral Information were present at the signing ceremony. It is expected that with implementation of the CBSP, the Bangladesh Bank would be established as one of the strongest banks in the region.

News: Daily Sun/Bangladesh/03-Nov-12