Rupali Bank signs MoU with BIDA

A Memorandum of Understanding (MoU) has been signed between the Bangladesh Investment Development Authority (BIDA) and Rupali Bank PLC to further simplify and digitalise investment services for both domestic and foreign investors. On Monday, the agreement was signed at an event organised at the BIDA Seminar Hall in Agargaon, Dhaka. Kazi Md. Wahidul Islam, Managing Director of Rupali Bank, and Air Commodore (Retd.) Md. Shaharul Huda, Executive Member of BIDA, signed the contract on behalf of their respective organisations. Under this agreement, bank accounts can be opened online, server-to-server connectivity can be established for the mutual exchange of data between BIDA and Rupali Bank and both institutions can exchange relevant information online to ensure essential services for investors. BIDA Director General Jiban Krishna Saha Roy and Director Sunil Kumar Adhikari were also present.