Padma Bank signs MoU with Rico Int’l

Padma Bank and Rico International signed a memorandum of understanding (MoU) on student banking relationship in Dhaka on Tuesday.

Zabed Amin, deputy managing director of Padma Bank, and Md Rafiqul Islam, chief executive officer of Rico International, inked the deal at the latter's head office in the capital, said a press release.

Under the MoU, Rico International students shall be served with priority services ranging from account opening to remittance and beyond at Padma Bank's specialised student care centres and branches through dedicated relationship managers.

Rokibul Hasan Chowdhury, head of retail and SME banking at Padma Bank, Nafisa Ara, head of segments, and Md Raizur Rahman, manager of Mirpur branch, were present.