Dhaka Bank to install CRMs at metro rail stations

Dhaka Bank PLC has signed an agreement with Dhaka Mass Transit Company Ltd (DMTCL) to install cash recycling machines (CRMs) at all 16 stations of the Dhaka Metro Rail, officially known as MRT Line-6.

This would enhance commuter convenience and financial accessibility, the bank said in a press release.

The agreement was formalised at a signing ceremony on February 12 at DMTCL's headquarters at Diabari Depot in Dhaka.

HM Mostafizur Rahaman, SEVP & head of Retail Business Division, Dhaka Bank PLC, and Khondaker Ehteshamul Kabir, company secretary, DMTCL, signed the agreement in the presence of senior officials from both organisations.

The CRMs will enable commuters to deposit and withdraw cash seamlessly, promoting financial inclusion.

Dhaka Bank said this collaboration would contribute to the modernisation of public transport infrastructure and support the nation's digital financial transformation.