IFIC Bank expands corporate cash management services
IFIC Bank PLC has signed a cash management agreement with Akij Resource, one of the leading business entities in Bangladesh.
The signing ceremony was held at IFIC Tower in Dhaka on Sunday (3 May).
IFIC Bank Managing Director Syed Mansur Mustafa and deputy managing directors of the bank attended the event.
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IFIC Bank Chief of Branch Business and Head of Operations Helal Ahmed signed the agreement on behalf of the bank, while Akij Resource Representative Director and Group Company Secretary Md Ruhul Islam signed on behalf of the company.
Senior officials from IFIC Bank and Akij Resource, including Akij Resource's chief treasury officer, were also present.
Under the agreement, IFIC Bank will leverage its banking network to provide Akij Resource with cash management services and integrated financial management solutions nationwide.
IFIC Bank said the services would help make Akij Resource's financial operations faster, more efficient and more agile.
