Economic Reporter :
Standard Chartered Bank, Bangladesh has become the first foreign bank to be enlisted as an e-payment service provider on the national online procurement portal, e-GP (e-government procurement), said a press release.
To this effect, a Memorandum of Understanding (MOU) was signed by the Bank with the Central Procurement Technical Unit (CPTU), IMED, Ministry of Planning at a ceremony held at the offices of CPTU on 15th November 2016.
e-GP is the portal through which government procurement is managed online. It is the enabling site for e-tendering. The enlistment of Standard Chartered Bank, Bangladesh on to this portal will allow the bank to upload tender guarantees and manage tender payments to the benefit of those clients who wish to participate in government tenders.
Farid Uddin Ahmed Chowdhury, Secretary, IME Division, chaired the signing ceremony. Apurva Jain, Head of Transaction Banking, Standard Chartered, Bangladesh signed the MOU on the Bank’s behalf. Other senior members of the Bank and CPTU were also present at the ceremony.
