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Search date: 11-07-2018 Return to current date: Click here

SIBL signs deal with Fintech Innovations

July 11, 2018 00:00:00


Managing Director & CEO of SIBL Quazi Osman Ali and Executive Director of Fintech Innovations International DMCC, UAE Azizunnesa Huq exchanging documents after signing an agreement on behalf of their respective organisations at the head office of the bank recently

Social Islami Bank Limited (SIBL) has signed an agreement with Fintech Innovations International DMCC, UAE at the head office of the bank recently, according to a statement.

Quazi Osman Ali, Managing Director & CEO of SIBL and Azizunnesa Huq, Executive Director of Fintech Innovations International DMCC, UAE signed the agreement on behalf of their respective organisations.

Under the agreement, SIBL will become a subscriber of 'Trade Assets' digital platform which is a blockchain-powered trade finance e-Marketplace. Being a subscriber of the e-Marketplace, SIBL will be able to reach out to member foreign financial institutions of the platform directly, with a view to executing trade finance related transactions.

Among others, Ihsanul Aziz, additional managing director, Abu Naser Chowdhury, deputy managing director, Abdul Hannan Khan, SEVP & company secretary, Akmal Hossain, SVP & Head of International Division of SIBL and other senior executives of both the organisations were present in the programme.


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