EBL PARTNERS WITH PLACID EXPRESS

Eastern Bank Limited (EBL) has signed a remittance service agreement with Placid Express SDN BHD, Malaysia, a prominent money services business (MSB) and a fully owned subsidiary of Placid NK Corporation, USA. EBL's partnership with Placid Express aims to boost the efficiency and accessibility of remittance services for expatriate Bangladeshis. Mehdi Zaman, Deputy Managing Director and Head of Treasury, Financial Institutions and Offshore Banking, EBL, and Mohammed H. Rashid, Executive Director, Placid Express; signed the agreement at the EBL Head Office in Dhaka recently.