SBAC Bank PLC recently signed a strategic agreement with MAY International Trade Services Limited at the Bank’s Head Office.

The agreement was formally signed by Mr. S. M. Mainul Kabir, Managing Director & CEO of SBAC Bank PLC, and Mr. Syed Aminul Kabir, Managing Director & CEO of MAY International Trade Services Limited, on behalf of their respective organizations.

Among others present at the signing ceremony were Mr. Md. Rabiul Islam, Additional Managing Director; Mr. Md. Altaf Hossain Bhuyan, Deputy Managing Director; Mr. Md. Mazharul Hasan, Vice President & Head of International Division of SBAC Bank PLC; and Ms. Layla Kowkine Ara, Deputy Managing Director of MAY International Trade Services Limited, along with senior officials from both organizations.

Under this agreement, MAY International Trade Services Limited will provide information rendering services to SBAC Bank PLC for its international container tracking and vessel screening system. This collaboration is expected to strengthen the Bank’s trade finance operations by enhancing monitoring capabilities, improving compliance standards, and ensuring greater transparency in international trade transactions.