Corporate

BRAC Bank, Silver Water Technologies sign cash management agreement

Staff Correspondent
Mohammad Mamdudur Rashid, additional managing director, BRAC Bank, and Jakaria Shahid, managing director, Silver Water Technologies Bangladesh, are seen at an agreement signing ceremony at the head office of BRAC Bank in the city on Monday.
Mohammad Mamdudur Rashid, additional managing director, BRAC Bank, and Jakaria Shahid, managing director, Silver Water Technologies Bangladesh, are seen at an agreement signing ceremony at the head office of BRAC Bank in the city on Monday.

BRAC Bank Limited and Silver Water Technologies Bangladesh Limited signed a cash management agreement for collection and payment services on Monday.

Under the agreement, BRAC Bank will be providing all collection and payment services to Silver Water Technologies Bangladesh, an e-commerce concern of Edison Group, said a press release.

Mohammad Mamdudur Rashid, additional managing director, BRAC Bank, and Jakaria Shahid, managing director, Silver Water Technologies Bangladesh, signed the agreement on behalf of their respective organisations at the head office of BRAC Bank.

Mahmoodun Nabi Chowdhury, head of corporate banking, and Md Sekander-E-Azam, head of cash management and custodial services, BRAC Bank, and Shahrear Sattar, COO of Silver Water Tech, were also present on the occasion.

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