Community Bank signs deal with BB

Community Bank Bangladesh Limited and Bangladesh Bank have signed an agreement to collect Treasury Challan through Automated Challan System on Monday.

Masihul Huq Chowdhury, Managing Director & CEO of Community Bank and Forkan Hossain, General Manager, Bangladesh Bank signed the agreement on behalf of their respective organizations, said a media release on Tuesday.   

Ahmed Jamal, Deputy Governor of Bangladesh Bank was present as the chief guest while Nurun Nahar, Executive Director of the central bank was present in the agreement signing ceremony. 

Under the agreement, soon all branches of Community Bank will be able to collect payments of various government fees and revenues in real-time and submit to the government treasury efficiently. This system will also enable real-time verification of Challans which will ensure authenticity of it as well as timely submission of revenues to government treasury.

Mohammad Abdul Qaium Khan, SEVP & Chief Information Technology Officer, Benozeer Ahmed, EVP & Chief Financial Officer, Shamsul Haque Sufyani, EVP & Head of Operations from Community Bank were present, among others.