Pubali Bank Limited signed an agreement with Oracle and Aamra Technology Limited involving Tk. 46.43 crore at Pubali Bank head office in Dhaka recently.

Mohammad Ali, Chief Technical Officer and General Manager of Information Technology Division of the bank and Syed Farhad Ahmed, Managing Director of Aamra Technology Limited (Platinum Partner of Oracle Corporation) signed the agreement on behalf of their respective organisations.

Mentionable, it is one of the largest investment agreements for infrastructural development in the country’s banking sector. Under this agreement, customers of Pubali Bank will get reliable, secured and fastest service.

Managing Director and CEO of Pubali Bank Limited Helal Ahmed Chowdhury was present as chief guest at the agreement signing ceremony.

Aditional Managing Director M.A. Halim Chowdhury and Deputy Managing Director Safiul Alam Khan Chowdhury of Pubali Bank Ltd were present as special guests. Amit Srivastava, Country Lead, Technology Business, Oracle was also present.

In his speech, Helal Ahmed Chowdhury said, “Pubali Bank Limited has installed the largest Online Banking network through 427 branches across the country by using software developed by its dedicated IT professionals.”

He also said, “Pubali Bank is committed to give modern and technology-based service to cope up with modern banking system. So, we have signed the agreement with Oracle and Aamra Technology Limited to install the latest technology of Oracle Exadata.”

General managers and senior executives of Pubali Bank and other senior officials of both the organisations were also present.