Bank Asia inks deal with G4S, Protection One, Ornate Logistics for cash-in-transit services

Bank Asia PLC has recently signed a partnership agreement with G4S Secure Solutions Bangladesh (P) Limited, Protection One (Pvt) Limited, and Ornate Logistics Limited to provide cash-in-transit (CIT) services.

Mirza Azhar Ahmad, deputy managing director of Bank Asia PLC; Ruman Mahmood, managing director of G4S Secure Solutions Bangladesh (P) Limited; Khondoker Abdullahil Kafi, managing director of Ornate Logistics Limited; and Air Commodore (retd) M Alauddin Chowdhury, managing director of Protection One (Pvt) Limited, signed the agreement at Bank Asia Tower in Dhaka, according to a press release.

Under the partnership, the companies will provide nationwide cash-carrying services, including pick-up and delivery to and from Bangladesh Bank, other banks, and Bank Asia branches.

ANM Mahfuz, additional managing director of the bank, and Syed Zulkar Nayen, deputy managing director, along with other senior officials from the participating organisations, were also present.