Citibank, N.A. Bangladesh has recently decided to expand its collection and disbursement channel in Bangladesh. On this ocassion CitiBank, N.A. Bangladesh and Southeast Bank Limited signed an expanded correspondent banking agreement on Monday. The agreement will facilitate transactions of the valued clients of Citibank through all the branches of Southeast Bank Ltd across the country.

Parvez Murshed, Director, Global Transaction Services and, Syed Imtiaz Hasib, Deputy Managing Director of Southeast Bank Limited, Bangladesh signed the agreement on behalf of their respective organizations in presence of Md Gofran, Deputy Managing Director and Shahid Hossain, Deputy Managing Director of Southeast Bank Limited and Tawfiq Ali, Director, Financial Institutions Division, Citibank Bangladesh. Senior officials of both banks attended the program.

News Source: The Financial Express/15 Dec 2010