Ins premium can be paid thru bKash

Brac Bank has signed an agreement with Jiban Bima Corporation to collect insurance premiums through the bank's subsidiary, bKash, and enable real-time accounts reconciliation through an application programming interface.

Tareq Refat Ullah Khan, deputy managing director of the bank, and Md Saiful Islam, managing director (additional secretary) of the insurer, inked the deal at The Westin Dhaka recently, said a press release.

   Sheikh Mohammad Salim Ullah, secretary to financial institutions division at the finance ministry, Md Asadul Islam, chairman of the insurer, Selim RF Hussain, managing director of the bank, and Sheikh Md Monirul Islam, chief external and corporate affairs officer of bKash, were present.