BRAC Bank has signed an agreement with Saimon Global Limited to be their transaction banking partner, said a press release.
The signing took place at the BRAC Bank head office at Tejgaon in the capital on Sunday.
Saimon Global, a concern of Saimon Group, has recently been appointed as the general sales agent of Singapore Airlines.
It is also the ticketing partner of various reputed global airlines and an exclusive service provider for Thai visa processing in Bangladesh appointed by the Thai embassy.
BRAC Bank deputy managing director and corporate banking head Tareq Refat Ullah Khan and Saimon Global managing director Yami Saleh signed the agreement on behalf of their respective organisations.
Apart from maintaining the GSA account, BRAC Bank will also provide Saimon Global with POS machines, employee banking facilities, and Corpnet within a package of solutions.
BRAC Bank will be its principal transaction banking partner catering to its cash management needs.
BRAC Bank managing director and CEO Selim RF Hussain and transaction banking head Jabedul Alam and Singapore Airlines general manager in Bangladesh George Robertson and accounts and admin head SM Abu Azmain were present at the signing.