Genex Infosys to support StanChart to reach clients

Genex Infosys Ltd will support Standard Chartered Bangladesh to scale up its distribution network, efficiently reach new client segments, and deliver world-class banking products and services.

The board of directors of the IT company has approved an agreement with the multinational bank to this effect, according to a filing on the Dhaka Stock Exchange (DSE) yesterday.

Under the deal, Genex Infosys will work as a strategic partner, assisting the bank in engaging with a wider client base.

Thanks to the project, the company is expected to generate about Tk 6 crore of revenue per year.

Shares of Genex Infosys closed 5.59 per cent higher at Tk 75.50 on the DSE yesterday.