UCB and PRAN-RFL Group partner to transform digital cash management

United Commercial Bank PLC (UCB) and PRAN-RFL Group have signed a groundbreaking agreement to enhance digital cash management, aiming to expand digital transaction opportunities for consumers and small and medium enterprises (SMEs) across Bangladesh.
The signing ceremony, held at UCB's head office, was attended by UCB Chairman Sharif Zahir. UCB's Managing Director and CEO, Mohammad Mamdudur Rashid, and PRAN-RFL Group's Chairman and CEO, Ahsan Khan Chowdhury, formally signed the agreement in the presence of senior officials from both organisations.
Highlighting the partnership's significance, UCB Managing Director and CEO Mohammad Mamdudur Rashid said, "UCB has earned the trust of millions through comprehensive financial services, from traditional banking to cutting-edge digital solutions. PRAN-RFL Group, with its extensive reach, is a household name, and together, we will set a new benchmark in digital financial services."
PRAN-RFL Group Chairman and CEO Ahsan Khan Chowdhury underscored the collaboration's impact, stating, "Our goal has always been to empower people. This partnership with UCB will unlock new digital transaction opportunities for SMEs, enabling faster and more efficient business operations."