EBL provides automated 24/7 cash management

Business Desk :

Eastern Bank PLC (EBL) has entered into a partnership agreement with bKash Limited, the country’s largest mobile financial service provider, to introduce 24/7 automated cash management services for bKash’s agents, distributors, and partners nationwide.
Through this partnership, bKash’s extensive network of agents and distributors maintaining accounts with EBL will gain access to round-the-clock automated cash management facilities, according to a media release. 

The service is designed to enable seamless fund transfers, instant settlements, and improved liquidity management—empowering partners to operate without the constraints of traditional banking hours.
Ahmed Shaheen, Additional Managing Director of EBL, and  Moinuddin Mohammed Rahgir, Chief Financial Officer of bKash signed the partnership agreement at a ceremony held at EBL’s Head Office in Dhaka, where senior officials from both organizations were present.