National Bank has received the Top Ten Bank Award from the Center for NRB in recognition of its outstanding contribution to remittance collection in 2024. The award was presented on Saturday, January 11, 2025, during the inaugural ceremony of the year-long "World Conference Series 2025," themed "Branding Bangladesh," held at the Pan Pacific Sonargaon Hotel in Dhaka.
Md. Touhid Hossain, Adviser for Foreign Affairs of Bangladesh and Dr. Ahsan H. Mansur Governor, Bangladesh Bank handed over the award. Sheikh Akhter Uddin Ahmed, Managing Director (Current Charge) and Milton Roy, Head of the Foreign Remittance Division, received the award on behalf of the bank.
M. S. Shekil Chowdhury, Chairperson of the Center for NRB along with other distinguished local and international guests, attended the event.
UCB Stock Brokerage Limited has recently achieved a significant milestone by winning the Quality Choice Prize Award 2024, presented by the European Society for Quality Research (ESQR).
The prestigious award ceremony took place on December 9, 2024, in Vienna, Austria, honoring organizations from across the globe for their exceptional dedication to quality management, ethical practices, and innovation. Md. Hasib Reza, CFA, Head of Research, received the award on behalf of UCB Stock Brokerage Limited.
The Quality Choice Prize recognizes organizations that excel in implementing quality-focused strategies, demonstrating outstanding leadership, and fostering a culture of continuous improvement. This international recognition highlights UCB Stock Brokerage Limited commitment to delivering excellence in its services, driven by a strong focus on ethics and innovation. Despite challenging conditions, the company has consistently upheld its standards, earning the trust of clients and industry peers alike.
National Credit and Commerce Bank PLC (NCCB) has announced a landmark digital transformation initiative, marking a significant step forward in its commitment to enhanced technological infrastructure and superior customer experiences.
NCCB formalized its partnership with Flora Systems Limited through the Agreement signing ceremony on 10th December, 2024 in NCCBL Headquarters, Motijheel. This partnership aims to bolster NCCB operational efficiency and service quality via the deployment of Flora Systems advanced core banking solutions. The agreement was signed by Mr. M. Shamsul Arefin, Managing Director, NCCBL and Mr. Mustafa Rafiqul Islam, Chairman & Managing Director, Flora Systems Limited.
It is noteworthy that NCCB has been utilizing FloraBank CBS since 2008, having replaced the foreign CBS MicroBanker. For this latest upgrade, Flora Systems successfully competed against globally renowned core banking solutions from Oracle, Temenos and others, underscoring the robustness and competitive value of Flora Systems locally developed CBS
As part of the arrangement, Flora Systems will implement its FloraBank Core Banking System (CBS) across NCCB operational landscape, upgrading the system from version 18.4 to 22.4.
This transition is self-assured to strengthen service quality, enhance operational efficiency, and strengthen security, aligning with NCCB focus on innovation and customer-centric solutions.
upay, a leading digital financial services provider in Bangladesh, has partnered with Titas Gas Transmission and Distribution PLC to facilitate online gas bill payments for customers nationwide.
Through this agreement, Titas Gas customers can pay their bills seamlessly through upay digital platform, ensuring greater convenience, flexibility, and accessibility. The signing ceremony was held on 20th November 2024 at Titas Gas head office.
The agreement was signed by Md. Lutful Hyder Masum, General Manager & Company Secretary, Titas Gas Transmission and Distribution PLC and Md. Mahbub Sobhan, Chief Business Officer, upay.
Other key representatives include from Titas, Shahnewaz Parvez, Managing Director, from upay, Md. Abdullah Al Mamoon, Managing Director & CEO, Hasan Mohammad Zahid, Head of Government Sales, Mohammad Mockbul Hosin Bhiuya, Deputy General Manager, Government Sales and from United Commercial Bank PLC, Md. Sekander-E-Azam, Head of Transaction Banking, as well as other senior representatives.
This initiative underscores upay commitment to drive financial inclusion and digital transformation in Bangladesh while supporting Titas Gas in delivering enhanced services to its customers.