Southeast Bank launches co-branded cards with Jahangirnagar University

Southeast Bank PLC has recently signed a memorandum of understanding (MoU) with Jahangirnagar University to introduce co-branded credit cards for faculty members and staff, alongside co-branded prepaid cards for students.

Prof M Abdur Rab, treasurer of Jahangirnagar University, and Md Masum Uddin Khan, deputy managing director of Southeast Bank PLC, signed the MoU at the university's administration building, according to a press release.

Prof Muhammad Kamrul Ahsan, vice-chancellor of Jahangirnagar University, attended the event as the chief guest.

In his remarks, Ahsan highlighted the MoU as a landmark in fostering collaboration between the two institutions, particularly through the launch of the co-branded prepaid card.

He expressed confidence that the partnership would enhance technology-driven financial inclusion and broaden access to modern banking services for the university community.

Under the MoU, faculty members and staff will be entitled to lifetime, fee-free credit cards with suitable credit limits.

Meanwhile, the prepaid cards for students will offer ease of use and online transaction facilities, enabling payments such as application fees to overseas universities, in addition to domestic and international transactions.

Among others, Prof Mohammad Mahfuzur Rahman, pro-vice-chancellor (academic); Prof Sohel Ahmed, pro-vice-chancellor (administration); Md Abdus Sabur Khan, head of card division and senior executive vice-president of Southeast Bank PLC; Mohammad Ashiquzzaman Khan, executive vice-president; Md Musfiqur Rahman, senior vice-president and head of logistics and general services division; and Mohammad Maniur Rahman, senior assistant vice-president and head of the Hemayetpur Branch, were also present.