EBL inks deal with MasterCard

Posted by BankInfo on Sat, Nov 16 2013 11:38 am

In an endeavor to offer customers maximum utility from card products and services, Eastern Bank Limited (EBL) announced its association with MasterCard, a global payment system solutions provider.

The EBL-MasterCard tie up was formally announced at a press conference at a hotel in Dhaka.

Ali Reza Iftekhar, Managing Director and CEO, EBL, Hassan O. Rashid, Deputy Managing Director, M. Nazeem A. Choudhury, Head of Business, Consumer Banking of EBL, Ari Sarker, Division President, South Asia, MasterCard, and Ron Garrow, Chief Human Resources Officer, MasterCard were present.

With the alliance, the bank’s customers will now be able to enjoy a wide range of electronic payment products and services both locally and globally.

Speaking on the occasion, Ari Sarker, division president, South Asia, MasterCard said, “We are pleased to partner with Eastern Bank, one of the premier private commercial banks in Bangladesh.”

“Given the huge potential the Bangladesh market holds, we look forward to working closely with Eastern Bank on innovative programs that will expand the payments offerings available to local cardholders and extend safe and convenient payment solutions to the unbanked in Bangladesh,” he added.

EBL during last few years introduced a range of new card products and services which has led to the creation and expansion of alternate payment channels in Bangladesh.

News:Daily Sun/15-Nov-2013