BRAC Bank has partnered with Banglalink Digital Communications Limited, one of Bangladesh’s leading telecommunications service providers, to enhance the efficiency, visibility, and reliability of its collection and payment operations through advanced cash management solutions.
Under the partnership, BRAC Bank will provide its Virtual Account Management (VAM) solution to facilitate efficient fund collection, automated reconciliation and enhanced transaction visibility. The bank will also deploy its digital banking platform, CORPnet, to streamline corporate payment processing.
Together, these solutions will enable Banglalink to track collections more effectively, reconcile transactions more accurately, and process payments more efficiently. The resulting improvements in financial visibility and operational control will also support more informed treasury management and decision-making.
Md. Shaheen Iqbal, CFA, Additional Managing Director and Head of Wholesale Banking at BRAC Bank, and Abu Muhammed Saiful Islam, Corporate Finance and Treasury Director of Banglalink Digital Communications Limited, signed the agreement on behalf of their respective organisations at BRAC Bank’s head office on October 19, 2026.
Md. Asif Bin Idrish, Deputy Managing Director and Head of Corporate, Commercial & Institutional Banking; A.K.M. Faisal Halim, Head of Transaction Banking; and Touhid Sharwar, Area Head, Dhaka, Corporate, Commercial & Institutional Banking, attended the signing ceremony on behalf of BRAC Bank. Mahmood Kabir, Head of Corporate Finance, and Golam Abbas, Manager, Collection Management, Corporate Finance & Treasury, represented Banglalink.
Md. Shaheen Iqbal, CFA, Additional Managing Director and Head of Wholesale Banking at BRAC Bank, said, “Strengthening our transaction banking capabilities is central to our ambition to deliver greater value to corporate clients. Our partnership with Banglalink reflects our focus on integrating digital platforms, intelligent automation and reliable payment infrastructure to simplify complex financial operations. Our seamless and transparent cash management solutions help businesses optimise liquidity, enhance operational efficiency and focus on their core growth priorities.”
Abu Muhammed Saiful Islam, Corporate Finance and Treasury Director of Banglalink Digital Communications Limited, said, “Our partnership with BRAC Bank marks an important step in strengthening Banglalink’s financial operations. By leveraging digital banking and automated cash management solutions, we aim to enhance collection efficiency, improve financial visibility and drive operational excellence.”
With a nationwide network of 195 branches, 117 sub-branches, and 1,119 Agent Banking outlets, BRAC Bank continues to strengthen its transaction banking proposition through technology-led solutions tailored to corporate clients’ evolving needs. The partnership reinforces the bank’s commitment to building stronger business relationships and delivering efficient, innovative financial services that support sustainable growth.