BRAC Bank signs agreement with Sheba.XYZ

Brac Bank has signed an agreement with on-demand service delivery platform Sheba.XYZ aimed at jointly designing banking products for the registered service providers of the latter.

Co-founder and chief operating officer (COO) of Sheba.XYZ Ilmul Haque Sajib and head of SME Banking, Brac Bank, Syed Abdul Momen singed the partnership agreement at the bank’s head office on 3 March.
The partnership has been termed as ‘unique initiative’ for the bank to step into the micro and small segment of the booming service industry of the country conforming Brac Bank’s ethos of financial inclusion, said a press release.