BASIC Bank signs MoU with National Pension Authority
State-owned BASIC Bank Limited has signed a Memorandum of Understanding (MoU) with the National Pension Authority to support and enhance the implementation of the Universal Pension Scheme.
The signing ceremony took place on Monday, 14 July 2025, at the conference room of the Finance Division. Finance Secretary Dr Md Khairuzzaman Mozumder attended the event as the chief guest. Md Mahiuddin Khan, Executive Chairman of the National Pension Authority, and Mr Md Quamruzzaman Khan, Managing Director and CEO of BASIC Bank Limited, signed the agreement on behalf of their respective organisations. Senior officials from both institutions were also present.
As per the agreement, BASIC Bank will assist individuals in enrolling in various Universal Pension Schemes and facilitate the collection of monthly subscription instalments through its nationwide branch network. This initiative aims to make participation in the pension scheme more accessible and convenient for the general public.
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