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Monday, June 22, 2015

SBAC Bank signs MoU with CPTU

SBAC Bank
South Bangla Agriculture & Commerce (SBAC) Bank Limited has recently signed a Memorandum of Understanding on electronic government procurement (e-GP) system with the Central Procurement Technical Unit (CPTU) of Implementation Monitoring and Evaluation Division (IMED) under Ministry of Planning of Government of Bangladesh.
As a member bank, SBAC Bank will act as an e-payment service provider to provide services like registration/re-registration of Bidders/Tenders, sale Tender Documents etc. On behalf of Government enlisted Procuring Agencies and Procuring Entities.
IMED Secretary Md. Shahid Ullah Khanaker chaired the function as the chief guest  while Md.  Shawkat Ali, Deputy Managing Director of SBAC Bank and Faruque Hossain Director General of Central Procurement Technical Unit (CPTU) of the ministry of signed the MOU on behalf of their respective organizations.
Md. Rafiqul Islam, Managing Director & CEO of SBAC Bank and other senior officials from both the organization were also present during the signing ceremony. (Source: Press Release)

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