Shafiqul Alam, Managing Director and CEO of Jamuna Bank Limited, and Md. Rafiqul Islam, Managing Director and CEO of SBAC Bank, exchange documents after signing MoU in Dhaka recently.

 South Bangla Agriculture and Commerce Bank Ltd (SBAC) signed a Memorandum of understanding (MoU) with Jamuna Bank Limited (JBL) for disbursement of Foreign Remittance as an associate bank of JBL.

Shafiqul Alam, MD and CEO of JBL and Md. Rafiqul Islam, MD and CEO of SBAC Bank signed the MoU on behalf of respective sides, said a press release. Besides, A.K.M. Saifuddin Ahamed, DMD of JBL, Md. Dilwar Hossain Bhuiyan, DMD of SBAC Bank, Md. Abdus Sobhan, Head of NRB Banking and FRD of JBL and Harun Ar Rashid, Head of ID of SBAC Bank Ltd were also present.