BRAC BANK OFFERS CASH MANAGEMENT SOLUTIONS TO KARMASANGSTHAN BANK -

BRAC BANK OFFERS CASH MANAGEMENT SOLUTIONS TO KARMASANGSTHAN BANK
BRAC Bank has partnered with Karmasangsthan Bank to offer enhanced digital cash management solutions across the country. Under the agreement, BRAC Bank will collect loan instalments and savings deposits from customers of Karmasangsthan Bank and the two banks will establish application programming interface (API) connectivity between their systems to enable real-time transaction updates and seamless reconciliation, benefitting the latter's around 2.3 million customers. BRAC Bank Additional Managing Director and Head of Wholesale Banking Md. Shaheen Iqbal and Karmasangsthan Bank Deputy Managing Director Meher Sultana signed the agreement at BRAC Bank's head office on May 6.