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Shahjalal Islami Bank signs agreement with Daraz

Wednesday, 14 February 2024


Shahjalal Islami Bank PLC signed an agreement with Daraz Bangladesh Limited at the bank's Corporate Head Office on Tuesday, says a statement.
Additional Managing Director & CBO of the bank Abdul Aziz and Chairman of Daraz Syed Mostahidal Hoq signed the agreement in presence of Managing Director & CEO of the bank Mosleh Uddin Ahmed. After the signing, Additional Managing Director & CTO of the bank S M Mainuddin Chowdhury exchanged the documents with the chairman of the Daraz.
Under this agreement, Daraz Bangladesh will utilise the bank's digital payment services through their ERP system from their premises, enabling them to make payments to their clients, vendors, and suppliers.
This system is secured by industry-standard security solutions, eliminating the need for physical visits to the bank. Corporate entities can also access Corporate Payment Management services without physically visiting the bank premises.