Jamuna Bank signs MoU with Microcredit Regulatory Authority

Jamuna Bank PLC has signed a memorandum of understanding (MoU) with the Microcredit Regulatory Authority (MRA) of Bangladesh to enhance institutional cooperation and expand modern banking services.

AKM Atiqur Rahman, deputy managing director and chief information officer of Jamuna Bank PLC, and Md Nure Alom Mahadi, executive director of the Microcredit Regulatory Authority, signed the MoU at the latter’s head office in Agargaon, Dhaka recently, according to a press release.

Under the agreement, Jamuna Bank will provide payroll banking services and install a cash recycling machine (CRM) at the MRA premises to ensure smooth salary disbursement, efficient cash management, and improved banking convenience for MRA officials and employees.

The partnership reflects Jamuna Bank’s commitment to technology-driven banking solutions and its continued focus on digital transformation and institutional efficiency. The collaboration marks another step forward in the bank’s journey towards digital transformation and inclusive banking, the release added. Other senior officials from both organisations were also present.