Brac Bank has signed an agreement with Saimon Global Limited to be their transaction banking partner.
The signing ceremony held at the Brac Bank headquarters in the capital on Sunday, said a media statement.
Saimon Global, a concern of Saimon Group, has recently been appointed as the GSA (general sales agent) of Singapore Airlines.
They are also the ticketing partner of various reputed global airlines and an exclusive service provider for Thai visa processing in Bangladesh appointed by the Royal Thai Embassy.
Tareq Refat Ullah Khan, deputy managing director and head of corporate banking of Brac Bank; and Yami Saleh managing director at Saimon Global; signed the agreement on behalf of their respective organisations.
Apart from maintaining the GSA account, Brac Bank will also provide Saimon Global with POS machines, employee banking facilities, and corpnet as a whole package of solutions.
The bank will be its principal transaction banking partner catering to all their cash management needs.
Selim RF Hussain, managing director of Brac Bank; Jabedul Alam, its head of transaction banking, and other high officials were also present of the occasion.