BRAC BANK SIGNS PARTNERSHIP AGREEMENT WITH SMC ENTERPRISE

BRAC Bank has entered into a partnership with SMC Enterprise Ltd. to streamline its nationwide receivable operations through a modern cash management solution. Through this arrangement, SMC Enterprise will utilise BRAC Bank's virtual account system to collect payments from distributors in real time, ensuring accuracy in receivables and reducing manual intervention. The partnership agreement was signed at the BRAC Bank's Head Office in Dhaka recently. Managing Director & CEO of BRAC Bank Tareq Refat Ullah Khan, Deputy Managing Director and Head of Wholesale Banking Md. Shaheen Iqbal, and SMC Enterprise Managing Director Sayef Uddin Nasir and Chief Financial Officer Abul Bashir Khan along with other officials were present at the signing ceremony.