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Sonali Bank Limited ranks first in APA

September 22, 2021 00:00:00


Sonali Bank Limited, the largest state-owned commercial bank, has secured the first position among all government banks in implementing the Annual Performance Agreement (APA) 2020-21, says a statement.

The Financial Institutions Division of Finance Ministry congratulated the Sonali Bank authority for their achievement in implementing the indicators mentioned in the agreement.

The Financial Institutions Division had signed the Annual Performance Agreement (APA) 2020-21 with 17 banks, insurance companies and others financial organisations to ensure improved services to the people. Sonali Bank Limited scored 93.6, out of 100, to become the No. 1 in the state-owned bank category.

Expressing his satisfaction at the achievement, Sonali Bank Limited CEO and Managing Director Md Ataur Rahman Prodhan greeted all employees for their outstanding contribution to providing services at the doorsteps of the clients during the Covid-19 pandemic.

They had successfully implemented the stimulus packages announced by the government to revive the economy hit by the pandemic, he mentioned.

Mr Prodhan said, "When the whole world suffered an economic setback due to Covid-19, we revived our economy by implementing the Covid-19 stimulus packages."

He added that the bank had become more successful in providing required digital banking services, which helped keep the banking services smooth during the pandemic.


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