Padma Bank and Flora Systems signed an agreement regarding the digital transformation of the bank at its Gulshan corporate head office on Wednesday.
Managing Director and CEO of Padma Bank Tarek Reaz Khan and Chairman & Managing Director of Flora Systems Mustafa Rafiqul Islam signed the documents on behalf of their respective organizations, reads a press release.
Under this agreement, firstly Florabank Conventional Core Banking (CBS) and Islamic Banking FloraBank Insaf will be implemented to improve the quality of information technology services.
Also, AML/CFT Solution, Regulatory Reporting, Dashboard, Fixed Asset Management, Agent Banking, Internet Banking, Mobile Wallet, Management Dashboard, MIS Reporting, Kiosk and other digital services will be implemented in phases.
Deputy Managing Director Faisal Ahsan Chowdhury, SEVP & CHRO M Ahsan Ullah Khan, SEVP & Chief Financial Officer (CFO) Badal Kumar Nath, EVP and Head of Banking Operations Syed Towhid Hossain, VP and Chief Information Technology Officer Md. Mosharraf Hossain Khan, CITO of Flora Systems Ltd. SK Bhowmik and Chief Marketing Officer Mokbul Hossain and other senior officials of different departments from both organizations were also present on the occasion.
