UCB Bank signed a contract with BURO Bangladesh to provide services under the Bangladesh Electronic Fund Transfer Network (BEFTN) at UCB corporate head offices in Gulshan recently, says a press release.

M. Shahjahan Bhuiyan, managing director of UCB, and Zakir Hossain, executive director of BURO, signed the agreement.

Under the agreement, UCB will work as the originating Bank for BURO in the collection and distribution of funds under the Bangladesh Electronic Fund Transfer Network.

Shafiqul Alam, additional managing director of UCB, Md Mosharrof Hossain, finance director of BURO, Md Mukitul Islam, director operation of BURO, Muhammad H Kafi, senior executive vice-president and head of IT of UCB, Md Tariqul Azam, senior executive vice-president and head of CRMD of UCB, and other officials of both organisations were also present.

The Independent/Bangladesh/ 2nd April 2012