HSBC, KGDCL in deal over bill collection

The Hongkong and Shanghai Banking Corporation Limited and Karnaphuli Gas Distribution Company Limited (KGDCL) in Chattogram, Bangladesh have recently signed an agreement over bill collection solutions for the latter's consumers. 

Gerard Haughey, country head of wholesale banking at HSBC Bangladesh, and Md Rafiqul Islam, managing director of the gas company, signed the agreement at the latter's head office in the port city, said a press release.

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The solution will improve visibility and control over industrial and commercial customers' gas bills.

Devesh Mathur, chief operating officer of the bank, and other senior officials from the bank and the KGDCL were present.