UNISOFT Systems Limited, a concern of Smart Technologies (BD) Ltd. recently concluded a Collection and Recovery Management Solutions Software Agreement with City Bank at City Bank Head office.
Under the agreement, UNISOFT Systems Limited will provide ‘Collection and Recovery Management Solutions’ (CRMS) software to all branches of City Bank.
Managing Director Mohammad Zahirul Islam and Director from Unisoft Systems Limited Abu Mostofa Chowdhury Sujon and DMD & Chief Information Officer Kazi Azizur Rahman, Chief Economist & Country Business Manager Md. Ashanur Rahman, Head of Credit & Collection Mohammad Waliullah, Head of Procurement Mahbub Ahamed Chowdhury, Head of Procurement Mahbub Ahamed Chowdhury, Head of IT Saifur Rahman Shawkat and Head of Finance Md. Rakib Uddin Ahammed from City Bank were present at the signing ceremony.
Commenting on the agreement, Mohammad Zahirul Islam, Managing Director, UNISOFT Systems Limited said, City Bank is one of the leading Bank in the country. We are really happy to have an agreement with such a reputed organization. We hope that our UNISOFT team will successfully complete this project and set a great example for the local software sector.
Standard Chartered Bank (SCB) has subscribed to Robi’s state-of-the-art colocation data centre service by signing a contract with the digital telco’s wholly owned subsidiary, RedDot Digital Limited. Colocation data center service is part of Robi’s growing cloud service business.
In presence of Axiata Enterprise Chief Executive Officer, Dr. Gopi Kurup, Standard Chartered Bank’s CEO, Naser Ezaz and RedDot’s Managing Director and CEO, Hasib Mustabsir recently signed an agreement in this regard on behalf of their respective organizations at the Bank’s Corporate Head office in Gulshan, Dhaka.
Standard Chartered Bank’s Chief Operating Officer, Khaled Aziz, Chief Information Officer, Syed Pear Mahmood, Chief Financial Officer, Md Abdul Kader Joaddar, and Head of Property, Mesbah Uddin Ahamed were present on the occasion. Robi’s Chief Enterprise Business Officer, Md. Adil Hossain Noble, Vice President, Corporate Business, Fahmidul Hasan were also present.
Under this contract, RedDot Digital will provide managed data center colocation facility for SCB’s disaster recovery site. Robi co-location services managed by RedDot will provide Tier-3 equivalent data center facilities to Standard Chartered Bank for their critical IT infrastructures.
Robi’s data center co-location facility was thoroughly assessed as per Standard Chartered Bank’s global IT policy and guidelines. Having met all applicable standards, Robi data center qualified to offer the service to Standard Chartered Bank. Bangladesh Bank also reviewed the facility and shared their final consent to deploy disaster recovery site.
The data center facility comes with secured floor space, power backup provisions, cooling, ambiance control, physical & logical security, fire protection, round-the-clock monitoring, and the highest level of security that are critical for a stable IT environment which is essential for Standard Chartered Bank’s business continuity amidst disaster situations.
As the only telecom operator providing cloud service, Robi is in the process of setting up a state-of-the-art Tier 4 data center in the Sheikh Hasina Software Technology Park in Jashore. Robi’s existing Tier 3 data center is located in Narayanganj. In this backdrop, Standard Chartered Bank’s subscription of Robi’s co-location based data centre service will certainly help to grow the digital telco’s digital service business.
Padma Bank launched centralized bond management for purchasing the Government Sanchayapatra from any branch of the bank. .
A launching ceremony was held at their head office auditorium in the city on Wednesday. .
Managing Director and CEO Tarek Reaz Khan inaugurated the launching ceremony.
Among others, Deputy Managing Director (DMD) Zabed Amin, SEVP and Head of Corporate Liability Marketing Sabbir Mohammad Sayem, SEVP & CHRO M Ahsan Ullah Khan & SEVP & Head of RAMD & Law Feroze Alam, EVP and Head of Operations Syed Towhid Hossain, Head of Centralized Bond Management Md. Mahfuj Jalal Nasim and other senior officials were also present at the ceremony. .
Addressing the audience, MD Tarek Reaz Khan said, “The transformation revolution has started in Padma Bank. From now on, everything will be kept under strict surveillance and the customer will be given maximum comfort and security during transaction. Now Customers will be able to purchase and encash Sanchayapatra from any branch of Padma Bank without any hassle. A new department has been set up for this purpose which will monitor the bond transactions meticulously”. .
Five-years Bangladesh Sanchayapatra, Three-months profit basis Sanchayapatra, Poribar Sanchayapatra and Pensioner Sanchayapatra can be purchased from Padma Bank. Wage Earner Development Bond (WEDB), US Dollar Investment Bond (DIB), US Dollar Premium Bond (DPB) will be added soon.
Bangladesh Bank (BB) has allowed floating exchange rate for the US dollar.
This means the price of the dollar in the market will be determined by demand and supply and banks will be allowed to set their own dollar prices.
The central bank has already instructed banks in this regard and asked banks to keep their eyes so that the dollar price will not increase sharply.
Talking to this correspondent, Chief Spokesperson and BB Executive Director Md Serajul Islam said the central bank took the decision as inflow of inward remittances had declined in the last couple of days.
“The price of the dollar will be set by the open market. Bankers have said that, without this step, remittances will fall,” he added.
Despite allowing the currency to float, BB will still monitor the price, Islam said.
The BB communicated the decision to banks verbally. The move has already come into effect.