Southeast Bank signs MOU with Banani Bidyaniketan
Southeast Bank PLC has signed a memorandum of understanding with Banani Bidyaniketan School and College to provide a comprehensive education management solution, "SoutheastEduFin", aimed at streamlining tuition fee collection and school banking through an efficient and innovative payment ecosystem.
The signing ceremony took place recently at the bank's head office in Dhaka.
Md Khalid Mahmood Khan, Managing Director of Southeast Bank PLC, and Dr Md Mashiur Rahman, Principal of Banani Bidyaniketan School and College, signed the agreement on behalf of their respective organisations. Mohammed Rashedul Amin and Md Sekander-E-Azam, Deputy Managing Directors of Southeast Bank PLC, along with senior officials from both organisations, were also present at the event.
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Under the MoU, Southeast Bank PLC will provide a suite of financial solutions to the educational institution, including SoutheastEduFin, a comprehensive education management platform. The system offers features such as tuition fee management, attendance tracking, grade management, payroll services, and communication tools for teachers, students, and guardians.
Tuition fees can be paid through multiple convenient channels, including Southeast Bank branches and sub-branches, internet banking, mobile apps, mobile financial services, and integrated digital platforms.
As part of the agreement, the bank will also extend its school banking initiative, "Taroka", which offers students savings accounts with minimal initial deposits, no maintenance fees, and attractive interest rates to promote financial literacy and encourage saving habits from an early age.
The initiative reflects Southeast Bank's continued commitment to empowering young people, promoting financial inclusion, and expanding access to banking services for the next generation through innovative and inclusive solutions.
