The launching ceremony of Dhaka Bank Limited’s 1st ever Mobile App-based Reverse Factoring transaction at the bank's corporate office on Thursday. Dhaka Bank Limited launched first-ever Mobile App-based Reverse Factoring transaction in Bangladesh with technical assistance by Infini Systems Pvt. Ltd. at the bank's corporate office on Thursday, according to a statement.
The bank, buyers and sellers can complete all dealings using this mobile application-based platform (Veefin).
Dhaka Bank Ltd. is the first financial institution in Bangladesh to do this kind of transaction in 2017 through this automated solution.
Emranul Huq, Acting Managing Director, Khan Shahadat Hossain, Deputy Managing Director, Md. Shakir Amin Chowdhury, Deputy Managing Director, Md. Sirajul Hoque, Senior Executive Vice President and Head of SME, AMM Moyen Uddin, Senior Executive Vice President & Head of Information Technology, and Md Ziaur Rahman, Senior Executive Vice President & Head of Corporate Banking Division, Sanjib Kumar Dey, Vice President of Dhaka Bank Limited, and Jigar P Shah, Director - Operations & Delivery of Infini Systems Pvt. Ltd., were present at the launching ceremony.
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