Exim Bank PLC has signed a memorandum of understanding (MoU) with the Hajj Agencies Association of Bangladesh (HAAB) to streamline Hajj and Umrah registration fee transactions.

M Akhter Hossain, managing director (current charge) of the bank, and Sayed Golam Sarwar, president of HAAB, signed the MoU at the latter's central office in Dhaka recently, according to a press release.

Under the terms of the MoU, all Hajj and Umrah pilgrims will be able to deposit their registration fees through Exim Bank's 155 branches and 73 sub-branches across the country in a simple and convenient manner.

Mohammad Zulkernine, senior vice-president and head of Shari'ah Secretariat of the bank, and Farid Ahmed Mazumder, secretary general of HAAB, along with senior executives of both the organisations, were also present.