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IBBL -e-CAB co-branded prepaid card agreement

IBBL -e-CAB co-branded prepaid card agreement
Business

Islami Bank Bangladesh Limited signed an agreement with e-Commerce Association of Bangladesh (e-CAB) for launching e-CAB co-branded dual currency pre-paid card. The card will facilitate members of e-CAB to spend up to 10 thousand US Dollar in international transactions in addition to yearly travel quota. Besides upto 2000 USD may be used in a single transaction.

The MOU was signed on 7 July 2022 at Islami Bank Tower in presence of Mohammed Monirul Moula, Managing Director & CEO of IBBL. Md. Omar Faruk Khan, Additional Managing Director of the bank and Shomi Kaiser, President, e-CAB signed the MoU on behalf of respective organizations. Muhammad Qaisar Ali, Additional Managing Director, Mohammad Jamal Uddin Mazumder, Abul Faiz Muhammad Kamaluddin & Md. Maksudur Rahman, Senior Executive Vice Presidents, IBBL, Mohammad Sahab Uddin Shipon, Vice president, Muhammad Abdul Wahed Tomal, General secretary & Mohammad Abdul Haque Anu, Finance secretary of e-Cab, Soumya Basu, Country Manager of VISA Bangladesh along with other officials of both institutions were present on the occasion.