Eastern Bank Limited (EBL) has signed a remittance service agreement with Trust Bank Limited for rendering Money Transfer Service of Ria, a globally prominent money transfer company (MTO), incorporated in USA and listed in NASDAQ.
Remittances from wage earners constitute a vital source of foreign currency earnings for Bangladesh, ranking second only to exports. EBL's partnership with Trust Bank & Ria, aims to boost the efficiency and accessibility of remittance services for expatriate Bangladeshis across the globe where Ria has widespread presence.
Humaira Azam, Managing Director & CEO, Trust Bank and Ali Reza Iftekhar, Managing Director & CEO, Eastern Bank signed the agreement on behalf of their respective organizations at EBL Head Office in Gulshan, Dhaka. A.K.M. Nazmul Hossain, Country Manager, Ria Money Transfer attended the signing on behalf of Ria.
Ahsan Zaman Chowdhury, DMD & CBO; Mohammad Masud Shahjahan, EVP & Head of Treasury and NRB Division, Md. Rashidul Islam, SAVP, NRB Division of Trust Bank and Mehdi Zaman, DMD and Head of Treasury FIs and Offshore Banking; Mohammad Mamunur Rashid, Head of International Business; Chowdhury Bahar Wadud, Head of Remittance Business; Md. Jahangir Alam, Senior Manager of Business Development and Remittance from Eastern Bank and other officials from both the organizations were present at event.
Ria has earned widespread popularity among Non-Resident Bangladeshis (NRBs) for its consistent facilitation of remittances. With a focus on technological innovation and customer-centric services, Ria has emerged as a reliable and trusted financial partner for the Bangladeshi diaspora.