Citizens Bank partners with NPA to launch universal pension scheme
Citizens Bank PLC has signed a memorandum of understanding with the National Pension Authority to support the implementation of the government's Universal Pension Scheme.
The signing ceremony was held on 12 November 2025, in the conference room of the Finance Division at the Ministry of Finance.
Alamgir Hossain, Managing Director of Citizens Bank PLC, and Md Mohiuddin Khan, Executive Chairman of the National Pension Authority, signed the MoU on behalf of their respective organisations. Md Kairuzzaman Mozumder, secretary of the Finance Division at the Ministry of Finance, attended the event as the chief guest. Senior officials of the Finance Division, the National Pension Authority, and Citizens Bank were also present.
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Under the MoU, Citizens Bank will facilitate customer registration and monthly subscription collection for all active pension schemes – Progati, Surakkha, Somota, and Probash.
Customers will also be able to register and make contributions through the bank's branches, sub-branches, and alternative delivery channels.
