Padma Bank launches centralized bond management

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Business Desk :
Fourth Generation Padma Bank Limited has launched Centralized Bond Management (CBM).
Under this service, the government sanchayapatra can now be purchased and encashed from any branch of Padma Bank.
The CBM service was inaugurated by the Managing Director and CEO of Padma Bank Tarek Reaz Khan at Gulshan head office on Wednesday, said a press release.
Speaking on the occasion, he said that the transformation revolution has started in Padma Bank. From now on, everything will be kept under strict surveillance and the customer will be given maximum comfort and security during transactions.
The customers will be able to purchase and encash Sanchayapatra from any branch of Padma Bank without any hassle. A new department has been set up for this purpose which will monitor the bond transactions meticulously, he added.
Five-year Bangladesh Sanchayapatra, three-months profit basis sanchayapatra, Poribar Sanchayapatra and Pensioner Sanchayapatra can be purchased from Padma Bank. Besides, Wage Earner Development Bond (WEDB), US Dollar Investment Bond (DIB), US Dollar Premium Bond (DPB) will be added soon.
Among others, Deputy Managing Director (DMD) Zabed Amin, SEVP and Head of Corporate Liability Marketing Sabbir Mohammad Sayem, SEVP and CHRO M Ahsan Ullah Khan and SEVP and Head of RAMD and Law Feroze Alam, EVP and Head of Operations Syed Towhid Hossain, Head of Centralized Bond Management Mahfuj Jalal Nasim were also present at the function.

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