Bangladesh, South Korea partner to modernise banking services

Business Report :

Global Brand PLC Bangladesh’spremier IT products distributor and Hyosung TNS, a global leader in financial technology solutions, have officially entered a strategic partnership to revolutionise Bangladesh’s banking technology landscape.
The Memorandum of Understanding (MOU) was signed at the Green Garden Restaurant in the capital on Tuesday, Abdul Fattah, Chairman of Global Brand PLC was present among others. Sang Kon Lim, Director of ATM Business Head South Asia of Hyosung TNS, presiding over the ceremony.
This collaboration focuses on deploying and advancing Automated Teller Machines (ATMs) and banking kiosks throughout Bangladesh. By combining Global Brand PLC’s extensive distribution network and local market expertise with Hyosung TNS’s innovative financial technology solutions, the partnership aims to enhance customer experiences and promote economic inclusion nationwide.
Abdul Fattah, Chairman of Global Brand PLC, expressed enthusiasm about the partnership, stating, “We are excited to join forces with Hyosung TNS to bring cutting-edge banking technologies to Bangladesh. This collaboration aligns with our mission to provide our valued customers with cost-effective, best-in-class technology solutions.”
Sang Kon Lim of Hyosung TNS emphasised the significance of the alliance, noting, “Partnering with Global Brand PLC enables us to expand our reach and deliver innovative ATM and banking kiosk solutions to the Bangladeshi market.” Together, we aim to transform the banking experience for customers nationwide, says a press release.
RafiqulAnowar, the managing director of Global Brand PLC, was also present at the event, along with other high officials from both organisations. Global Brand PLC has established itself as Bangladesh’s leading IT products distributor, representing over 80 globally renowned technology brands. The company is known for its extensive distribution network and commitment to providing high-quality technology products and enterprise solutions.
Hyosung TNS, founded in 1979, has been forefront of financial technology innovation. It offers a range of self-service solutions, including ATMs and banking kiosks. The company has a strong presence in over 30 countries and continues to expand its global footprint through strategic partnerships.
This partnership marks a significant milestone in the advancement of banking technology in Bangladesh. It promises to deliver enhanced services and accessibility to customers across the country.