Harsh Lambah, Senior Regional Director of MoneyGram for South Asia, and Neaz Ahmed, Managing Director of National Bank Ltd, seen at a function in Dhaka Tuesday.

MoneyGram International signed an agreement with National Bank Limited on expanding its netwrok in Bangladesh.

Under this agreement, National Bank will act as MoneyGram’s new growing agent here and has already added more than 155 National Bank locations to MoneyGram’s existing strong network throughout the country.

Harsh Lambah, Senior Regional Director of MoneyGram for South Asia, and Neaz Ahmed, Managing Director of National Bank Ltd jointly announced this in Dhaka Tuesday.

“We are proud of our new association with National Bank, as they are a local leader with extensive experience in the money transfer space,” said Lambah.

National Bank, the first private sector bank fully-owned by Bangladeshi citizens, has locations spread across the country, with a significant presence in the cities of Dhaka, Chittagong and Sylhet.

“National Bank is experienced in providing money transfer services and we are very pleased to offer MoneyGram’s service to our customers,” said Neaz Ahmed.

The Daily Sun/Bangladesh/ 27th June 2012