Eastern Bank adopts Starlink services

Eastern Bank PLC (EBL) has become the first bank in Bangladesh to set up connectivity through satellite communication of Starlink, the global satellite internet service provider by SpaceX.

It is expected to herald a new era of innovation, resilience, and efficiency within the nation's financial technology landscape, according to a press release.

Ahmed Shaheen, additional managing director of Eastern Bank PLC, and Sharful Alam, chief executive officer of Felicity IDC Limited, attended the launch at the bank's head office in the capital today.

Felicity IDC Limited, an accredited Tier-III data centre located at Kaliakair Hi-Tech Park in Kaliakair upazila of Gazipur, is a Starlink service provider in Bangladesh.

With this milestone, EBL has reinforced its position as a leader in banking innovation, committed to leveraging advanced technologies to build a more secure, reliable, and inclusive financial system in the country, the press release added.

Osman Ershad Faiz, additional managing director and chief operating officer of the bank, and Zahidul Haque, chief technology officer, along with senior executives from both organisations, were also present.