Recently Southeast Bank PLC. has signed a Memorandum of Understanding (MoU) with Sikder Insurance Company Limited to provide banking services, including Payroll Banking Service, Corporate Payment Module, and other financial solutions.
Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC., and Sk. Abdur Rafique, Managing Director & CEO of Sikder Insurance Company Limited, exchanged the agreement on behalf of their respective organizations.
This partnership is set to streamline the financial operations of Sikder Insurance Company Limited by ensuring efficient salary disbursement, automating corporate payments, and offering enhanced digital banking solutions. Employees of Sikder Insurance Company Limited will now receive their salaries and other banking benefits through Southeast Bank PLC.’s Payroll Banking Service. Additionally, the Corporate Payment Module will enable seamless fund transfers, vendor payments, and other corporate financial transactions.
On this occasion, Nuruddin Md. Sadeque Hossain remarked: “We are pleased to partner with Sikder Insurance Company Limited, a reputed organization in Bangladesh’s insurance sector. Our collaboration reflects our commitment to offering innovative banking solutions that enhance operational efficiency and financial management for corporate clients. We look forward to a fruitful and long-term partnership.”
Mr. Masum Uddin Khan, Deputy Managing Director of Southeast Bank and other high officials of both the organizations were also present at the ceremony.
