Social Islami Bank Ltd has centralized its international trade processing through a focused centralized trade processing unit (CTPU) at its Foreign Exchange branch.

The Managing Director of the bank Mr Muhammad Ali inaugurated its centralized trade processing from Bank's Nawabpur Branch.

On this occasion in a recent gathering of the valued customers of the branch Mr Ali emphasized that the bank has upgraded its service distribution system for international trade services in all its branches irrespective of being an AD or non AD branch; customers could now receive their desired service through online connectivity with the centralized trade processing unit.

More so, centralized trade processing unit having efficient officers managing international trade finance operations in a focused unit shall concentrate much in elevating the standard of international trade, managing pertinent risks, more effectively and ensuring regulatory compliances in line with other developed banks shall in turn support our customers in managing their international business more efficiently too.

Mr Muhammad Ali informed that bank will very soon open another such centralized trade processing unit in Chittagong to support the branches of the port city.

Source: The Financial Express, Bangladesh/31th Dec 2010