Islami Bank Bangladesh Limited (IBBL) has signed an agreement with Pran-RFL Group to provide point of sale (POS) service to its cardholders.
Under the memorandum of understanding (MoU), clients will be able to buy products from Pran-RFL outlets using IBBL POS machines.
JQM Habibullah, deputy managing director of IBBL, and Uzma Chowdhury, finance director of Pran-RFL, signed the agreement.
Mohammed Monirul Moula, managing director and chief executive officer of IBBL, was also present, said a media statement Sunday.