Southeast Bank signed MoU with Sikder Insurance Company Limited
Southeast Bank PLC recently signed a Memorandum of Understanding (MoU) with Sikder Insurance Company Limited to provide banking services, including Payroll Banking Service, Corporate Payment Module, and other financial solutions.
Nuruddin Md Sadeque Hossain, Managing Director of Southeast Bank PLC, and Sk. Abdur Rafique, Managing Director and CEO of Sikder Insurance Company Limited exchanged the agreement on behalf of their respective organisations.
This partnership is set to streamline Sikder Insurance Company Limited's financial operations by ensuring efficient salary disbursement, automating corporate payments, and offering enhanced digital banking solutions. Sikder Insurance Company Limited employees will receive salaries and other banking benefits through Southeast Bank PLC's Payroll Banking Service. The Corporate Payment Module will enable seamless fund transfers, vendor payments, and other corporate financial transactions.
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On this occasion, Nuruddin Md Sadeque Hossain remarked: "We are pleased to partner with Sikder Insurance Company Limited, a reputed organisation in Bangladesh's insurance sector. Our collaboration reflects our commitment to offering innovative banking solutions that enhance operational efficiency and financial management for corporate clients. We look forward to a fruitful and long-term partnership."
Mr Masum Uddin Khan, Deputy Managing Director of Southeast Bank and other high officials from both organisations were also present at the ceremony.
