Trust Bank Limited recently signed an agreement on Annual Maintenance Contract (AMC) of ‘Flora Bank Core Banking Software’ with Flora Systems Limited.

Shah A Sarwar, managing director of Trust Bank Limited and Mustafa Rafiqul Islam, chairman and managing director of Flora Systems Limited exchanged agreement copies at a function in the city, said a press release.

Ishtiak Ahmed Chowdhury, deputy managing director, and M M Haikal Hashmi, deputy managing director, Trust Bank Limited, RQM Forkan, chief marketing officer, Flora Systems Limited, and Chitrajit Chakrabarti, chief sales officer and senior officials from both companies were also present at the signing ceremony held at a city hotel.

Mustafa Rafiqul Islam, chairman and managing director of Flora Systems Limited said: “We are happy and grateful to be the software provider and systems integrator of “Flora Bank” Online Core Banking software and for the contract between Trust Bank Limited and Flora Systems Limited”.

“We are very confident and hopeful that Flora Systems Limited will continue its success in banking sector to implement Online Banking software and will play a leading role to serve the ICT sector and will play a pivotal role to implement the Vision of “Digital Bangladesh” inline with our Honorable Prime Minister’s Vision.” He continued.

All existing 59 Trust Bank branch offices including future branches would offer real-time online banking with retail, corporate, private banking services including ATM, POS, SMS, Tele-banking, internet banking, and SWIFT services.

Local ATM Networks (E-cash, Q-Cash, Dutch Bangla) and VISA International are already interfaced with Flora Bank Software. Flora Bank Software supports all international card processing technology that supports ISO8583 protocol.

Trust Bank customers will now be able to do real time (anytime anywhere) transactions including deposit and withdrawal, foreign remittance, LC handling etc. Flora Bank internet banking facility would allow them to do banking not only within Bangladesh but also from abroad.

Customers will also be able to order cheque books from internet without physically coming to the bank, said the press release.

Flora Bank SMS banking and tele-banking services would allow customers to do balance checking, make payment utility bills and other permissible banking transactions using their mobile phone. Flora Bank also has Islamic version to cater Islamic Banking operations and Trust Bank has been enjoying this facility too.

NCC Bank, Mutual Trust Bank, Jamuna Bank, Janata Bank, Agrani Bank, Krishi Bank, BCBL are also existing users of Flora Bank.

News: Daily Sun/ Bangladesh/ Jun-12-2011