Al-Arafah Islami Bank, Seamax partner to aid farmers

Al-Arafah Islami Bank PLC has signed a memorandum of understanding with Seamax Limited, a company that provides farmers, ranchers, private foresters and agricultural producers with online self-service applications and farming materials, to offer comprehensive support in the production and marketing of agricultural crops.

SM Abu Jafar, deputy managing director of Al-Arafah Islami Bank PLC, and Hiron Nahar, chairman of Seamax Limited, signed the agreement at a ceremony held at the bank’s head office on Sunday, according to a press release.

Under the agreement, both organisations will jointly contribute to the country’s agricultural and rural development by extending integrated support services to farmers in crop production and marketing.

Shamsul Alam, director of Seamax Limited; Monirul Islam, senior vice-president and SME business head of the bank; Mahmmud Riyad, vice-president and head of the Al-Arafah Rural Development Programme; and MM Rafiqul Islam, senior assistant vice-president, along with other senior officials from both organisations, were also present at the signing ceremony.