BRAC Bank has recently signed an agreement with Banglalink Digital Communications Limited, one of the country's leading telecom operators, to make its collection and payment operations easier, faster, and more reliable. Under this agreement, BRAC Bank will provide advanced cash management solutions to Banglalink.
Through this partnership, Banglalink will utilize BRAC Bank's Virtual Account Management (VAM) service, which will simplify the company's fund collection and automated reconciliation. Additionally, to expedite corporate payments and institutional transactions, the telecom operator will also leverage BRAC Bank's digital banking platform, 'CORPNET'.
These digital solutions will collectively help Banglalink track daily collections, ensure accurate account reconciliation, and execute payments swiftly. Consequently, this will enhance Banglalink's financial transparency and corporate control, playing a vital role in strengthening its treasury management and facilitating informed business decisions.
The agreement was signed on October 19, 2026, at BRAC Bank's head office in Dhaka. Md. Shaheen Iqbal, Additional Managing Director and Head of Wholesale Banking at BRAC Bank, and Abu Muhammad Saiful Islam, Corporate Finance and Treasury Director of Banglalink, signed the agreement on behalf of their respective organizations.
Other notable attendees from BRAC Bank included Md. Asif Bin Idris, Deputy Managing Director and Head of Corporate, Commercial and Institutional Banking; A.K.M. Faisal Halim, Head of Transaction Banking; and Tawhid Sarwar, Area Head.
