Dhaka Bank PLC signed MoU with ICMAB

The MoU was signed on 23rd December 2024 at the bank's corporate office in Gulshan, Dhaka. Under this agreement, Dhaka Bank PLC will develop a co-branded credit card for ICMAB members.

The Managing Director of Dhaka Bank PLC, Sheikh Mohammad Maroof and the President of ICMAB, Mr. Mahtab Uddin Ahmed FCMA, exchanged the Agreement copy on behalf of their respective organisations.

Mr A K M Shahnawaj- Additional Managing Director, Mr A M M Moyen Uddin, Deputy Managing Director, Mr Md. Mostaque Ahmed - Deputy Managing Director and Chief Emerging Market Officer, Mr Akhlaqur Rahman, Deputy Managing Director (Corporate), Mr H. M. Mostafizur Rahaman, SEVP and Head of Retail Business Division, Mr Sahabub Alam Khan, SEVP and CFO, from Dhaka Bank PLC, and Mr Akhtaruzzaman, FCMA, Vice President & Deputy Managing Director (Finance), Dhaka WASA, Mr. Md. Kausar Alam, FCMA, Vice President & Group Chief Financial Officer & Company Secretary, Seven Rings Cement Bangladesh, Mr. Md. Mahbub-Ul-Alam, FCMA, Executive Director, from ICMAB along with other Senior officials from both organisations were also present at the event.

The card has been designed to enhance the lifestyle and travel experiences of ICMAB Members and has a large number of attractive benefits, including an annual fee waiver, unlimited free access to the Balaka Executive Lounge at Hazrat Shahjalal International Airport, pick-and-drop service to the airport, free global lounge access to over 1,300 airport lounges in 120 countries through Mastercard's Lounge Key program, year-round "Buy 1 Get 1" deals at upscale five-star hotels, and a quintuple credit shield program with coverage up to TK. 40 Lac, etc. Through this partnership initiative, the members can also enjoy preferential & convenient retail Banking facilities, digital banking solutions, financial services, reduced interest rates on loans and other facilities from Dhaka Bank PLC. round the year.

The Managing Director of Dhaka Bank PLC. added, "We are happy to bring a co-branded credit card for the members of the ICMAB. We are proud to be associated with ICMAB and indeed add a newer dimension." On the other hand, ICMAB President. said, "We are hopeful that this joint venture will add a new dimension to the lifestyle of ICMAB members. We will continually work on strengthening our partnership with Dhaka Bank to bring more value to our members."