EBL signs payroll deal with foreign service assoc

Eastern Bank PLC (EBL) has signed a payroll banking agreement with the Bangladesh Foreign Service Association (BFSA) to offer tailored financial services for foreign service officers.

Under the agreement, BFSA members will have access to EBL's exclusive payroll banking facilities, including dual-currency debit cards, customised loan options, and other financial solutions designed for international transactions and professional needs, according to a press release.

Ali Reza Iftekhar, managing director and CEO of EBL, and Muhammad Nazrul Islam, president of BFSA, signed the agreement on behalf of their respective organisations.

Speaking on the occasion, Nazrul Islam highlighted the longstanding partnership between EBL and BFSA, dating back to 2018 with the launch of a co-branded credit card.

He noted that the new agreement elevates the collaboration to a new level, offering diversified financial solutions.

Ali Reza Iftekhar emphasised EBL's commitment to providing seamless banking services tailored to the needs of foreign service professionals.

Senior officials from both organisations, including EBL's DMD and Head of Retail and SME Banking M Khorshed Anowar, attended the signing ceremony.