Page 14 - IBT October 2020

Standard Chartered Bank on 9
September 2020, in partnership
with bKash, the largest mobile
financial service provider in
Bangladesh, and Valyou,
Malaysia’s leading digital
remittance provider, launched
the first blockchain-based
cross-border remittance service
in Bangladesh, facilitating
instant transfers from Malaysia.
The service is powered by
innovative blockchain
technology by Ant Group Co.,
Ltd. (“Ant Group”).

The World Bank approved $200 million to help Bangladesh
improve access to safe water and sanitation services in rural
areas on 25 September 2020. The Bangladesh Rural Water,
Sanitation and Hygiene for Human Capital Development
Project will help about 600,000 people avail safe and clean
water through large and small piped water schemes in rural
areas. It will also provide access to improved sanitation
services to over 3.6 million rural people. Through providing
better access to water, sanitation, and hygiene (WASH)
facilities at homes and in public places and motivating
people to adopt proper handwashing practices, the project
will help prevent diseases and protect from infectious
disease outbreaks, including the COVID-19 pandemic.
Further, it will address urgent WASH needs during the
COVID-19 pandemic in a quick and timely way.

The Premier Bank Limited has shifted its
Dhanmondi Satmosjid Road Branch to its new
location at House No- 48, (ground floor),
Satmasjid Road, Dhanmondi, Dhaka on 27
September 2020 with a view to providing
modern banking services.Managing Director
and CEO of the bank M. Reazul Karim, FCMA
inaugurated the branch in the new building as
chief guest. Shahriar Ahmed Chowdhury
Chairman, Center for Renewable Energy
Services Ltd. (CRESL) and Director, Centre for
Energy Research, United International University
addressed the program as a special guest. Md
Abdul Jabber Chowdhury, AMD; other top
Executives of the Bank attended the program.

Prime Bank introduced the
best-in-class Omni Digital Platform
– “PrimePay” – on 5 Spetember
2020. PrimePay enables the
Wholesale Banking customers to
access digital platforms anytime
from anywhere to initiate payments
and make transfers between
accounts as well as configure
workflows and reports. This Omni
Digital Platform facilitates the
Wholesale Banking customers to
access, manage and control
transactions via the most relevant
and secured apps along with the
hybrid approaches from all smart
devices.

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