Mobile Banking in Cox’s Bazar with IFIC Bank


IFCI Bank Ltd and Coastal Association for Social Transformation Trust (COAST) recently signed an agreement under IFIC Mobile Banking which will facilitate COAST to collect installment repayment of its beneficiaries (Microfinance Clint) through Mobile Banking. This easy and quick transfer will significantly improve the efficiency and reduce the lead time and risk of fund collection for COAST.

Mr. Abdul Hamid, DMD, IFIC Mobile Bank Ltd. and Mr. Rezaul karim Chowdhury, Executive Director, COAST Trust signed the agreement on behalf of their respective organizations.

Tarik Sayed Harun, Assistant Director-Core Program of COAST Trust and Farirduddin al Mamun, Head of Branch Banking, Ashim Chowdhury, Head of Business Project Delivery, Ferdousi Begum, Head of Retail Banking, Mohammad Monirul Islam, Head Mobile Banking Division, and Rasnuva Tarek, Head of Business, Mobile Banking Division of IFIC Bank were among others present at the event.