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.
SIBL signs deal with Fintech Innovations
FE Team | Published: July 10, 2018 22:52:04
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