EBL-STS Capital payroll banking deal

-A Monitor Report Date: 26 July, 2023
EBL-STS Capital payroll banking deal
M. Khorshed Anowar, DMD and Head of Retail and SME Banking of Eastern Bank Limited (EBL), and Manas Kumar Singh, Chief Executive Officer of STS Capital Limited are seen exchanging documents after signing a payroll banking agreement at STS Corporate office in Dhaka. Syed Zulkar Nayen, Head of Business; Nahid Farzana, Head of Payroll Banking; Sohrab Uddin, AGM, Finance of STS Capital Limited and others were present on the occasion.

Dhaka: Eastern Bank Limited (EBL) and STS Capital Limited have signed a payroll banking agreement STS Corporate office in Dhaka recently.

Under the agreement,  employees of Glenrich International School and Eduko Bangladesh Limited, sister concerns of STS Capital Limited, will enjoy EBL preferential banking facilities including dual currency debit card, loan facilities at attractive rates and credit cards with lucrative facilities and other retail products and services of EBL.  The STS Capital Limited will also enjoy EBL Connect, a digital portal, to pay seamless automated salary as well as carry out corporate payments conveniently round the clock.

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M. Khorshed Anowar, DMD and Head of Retail and SME Banking of EBL , and Manas Kumar Singh, Chief Executive Officer of STS Capital Limited signed  the agreement  on behalf of their respective organizations. Syed Zulkar Nayen, Head of Business; Nahid Farzana, Head of Payroll Banking; Sohrab Uddin, AGM, Finance of STS Capital Limited and others were present on the occasion.

-N

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