NRB Bank becomes principal member of Mastercard

Mastercard has handed over principal membership licence to NRB Bank PLC, enabling the bank to issue Mastercard credit, debit, prepaid and SME card products in Bangladesh.

Through this partnership, NRB Bank PLC will offer its customers secure and seamless domestic and international payment solutions across ATM, POS and e-commerce platforms, along with access to Mastercard’s global network and advanced digital payment capabilities.

The licence handover ceremony was held at the head office of the bank recently, according to a press release.

Among those present at the event were Syed Mohammad Kamal, country manager of Mastercard Bangladesh, Sohail Alim, director of Mastercard Bangladesh, Tarek Reaz Khan, managing director and CEO of NRB Bank PLC, Md Shaheen Howlader, deputy managing director, Anwar Uddin, deputy managing director, Md Rezaul Shahriar, SEVP, and Khaja Wasiullah, head of cards, along with senior officials from NRB Bank and Mastercard.