Southeast Bank signs MoU with PMUK for enhanced banking services

Southeast Bank PLC recently signed a memorandum of understanding (MoU) with Padakhep Manabik Unnayan Kendra (PMUK), a non-governmental organisation in the country, to provide banking services, including payroll banking service, corporate payment module, collection service, and other financial solutions.

Nuruddin Md Sadeque Hossain, managing director of the bank, and Md Saleh Bin Sums, executive director of PMUK, signed the MoU in Dhaka, according to a press release.

On this occasion, Hossain said, "Our collaboration reflects our commitment to offering innovative banking solutions that enhance operational efficiency and financial management for corporate clients."

"We look forward to a fruitful and long-term partnership," he added.

This partnership deal is set to streamline the financial operations of PMUK by ensuring efficient salary disbursement, automating corporate payments, and offering enhanced digital banking solutions.

Employees of PMUK will now receive their salaries and other banking benefits through the bank's payroll banking service. Additionally, the corporate payment module will enable seamless fund transfers, vendor payments, and other corporate financial transactions.

Abidur Rahman Chowdhury and Masum Uddin Khan, deputy managing directors of the bank, along with other high officials of both organisations, were also present.