Bank Asia, Heidelberg Materials sign cash management deal
Bank Asia and Heidelberg Materials Bangladesh PLC have entered into a strategic partnership to introduce an integrated cash management solution aimed at strengthening collaboration between the two organisations.
The agreement was signed on 17 December 2025 at Bank Asia Tower in Karwan Bazar, Dhaka. The signing was carried out by Sohail R K Hossain, Managing Director of Bank Asia PLC, and Ong Kian Hock Terence, Managing Director of Heidelberg Materials Bangladesh PLC.
Under the partnership, Heidelberg Materials Bangladesh will utilise Bank Asia's nationwide collection network and digital banking platforms to improve operational efficiency, streamline fund management and enhance service delivery across its operations.
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Senior officials from both organisations were present at the signing ceremony, reaffirming their commitment to innovation, efficiency and sustainable growth through the collaboration.
