Southeast Bank signs MoU with BIDA

Southeast Bank PLC signed a Memorandum of Understanding (MoU) with the Bangladesh Investment Development Authority (BIDA) to provide seamless banking services, enhancing one-stop solutions for local and foreign investors. The agreement was signed at a ceremony at the BIDA Seminar Hall at Agargaon in Dhaka recently, underscoring both institutions' shared commitment to fostering an investor-friendly environment in Bangladesh. Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank, and Dr Khandoker Azizul Islam, Executive Member of BIDA, exchanged the documents of the agreement. Through this collaboration, Southeast Bank PLC will integrate its innovative banking solutions into BIDA's One Stop Service (OSS) platform, simplifying business setup and expansion for local and foreign investors in Bangladesh. The services include account opening, foreign exchange facilitation, fund transfers, and tailored advisory services for global investors.