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Saturday, October 17, 2015, Kartik 2, 1422 BS, Muharram 3, 1437 Hijr

Banking Scene
Deal inked for introducing EMV chip and smart cards
Business Desk
Published :Saturday, 17 October, 2015,  Time : 12:00 AM  View Count : 4

An agreement was signed between Premier Bank Limited (PBL) and LEADS Corporation Limited in the capital on Wednesday for introducing of EMV chip and smart cards.
Premier Bank Managing Director and Chief Executive Officer (CEO) Khondker Fazle Rashid and LEADS Corporation Managing Director and CEO Shaikh Abdul Aziz signed the agreement on behalf of the respective organisations.
PBL Additional Managing Director M Reazul Karim and Senior Executive Vice-president and Head of Cards Omar Faruque Bhuiyan attended the signing ceremony along with other senior officials from both the organisations.
Under the agreement, the bank has teamed up with LEADS Corporation for transformation of all existing magnetic stripe cards to more secured EMV smart cards.

Editor : Iqbal Sobhan Chowdhury
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