SBAC Bank signs MoU with National Pension Authority
SBAC Bank PLC. signed a Memorandum of Understanding (MoU) with the National Pension Authority (NPA) on Monday, 14 July 2025, at the conference room of the Finance Division under the Ministry of Finance.
Md Mahiuddin Khan, Executive Chairman of the National Pension Authority, and Md Rabiul Islam, Managing Director and CEO (Current Charge) of SBAC Bank, signed the agreement on behalf of their respective organisations.
Under this agreement, SBAC Bank will facilitate customer registration and monthly instalment collection for Universal Pension Schemes including Pragoti, Surakkha, Samata, and Probash, through both online and offline platforms.
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Dr Md Khairuzzaman Mozumder, Secretary of the Finance Division, attended the signing ceremony as chief guest. Md Masoodur Rahman FCA, SEVP and Head of Banking Operations Division of SBAC Bank, along with senior officials from both institutions, were also present at the event.
