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Bank Asia signs deal for cash-carrying services

Bank Asia signs deal for cash-carrying services
Photo: Courtesy
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Bank Asia has announced a strategic partnership with G4S Secure Solutions Bangladesh (P) Limited, Protection One (PVT.) Limited, and Ornate Logistics Limited to provide cash-in-transit (CIT) services across Bangladesh.

The partnership was formalised on September 18 at a signing ceremony at Bank Asia Tower in Karwan Bazar, Dhaka.

The event was attended by Bank Asia’s Additional Managing Director ANM Mahfuz and Deputy Managing Director Syed Zulkar Nayen.

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On behalf of their organisations, Mirza Azhar Ahmad, deputy managing director of Bank Asia, Ruman Mahmood, managing director of G4S Secure Solutions Bangladesh, Khondoker Abdullahil Kafi, managing director of Ornate Logistics, and Air Commodore M Alauddin Chowdhury (retd), managing director of Protection One, signed the agreement.

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The collaboration will offer nationwide cash-carrying services, including pick-up and delivery to and from Bangladesh Bank, various bank branches, and all Bank Asia locations across the country.

This service aims to streamline cash handling operations while ensuring secure, efficient transactions.

By partnering with these key players in the logistics and security sectors, Bank Asia strengthens its infrastructure for cash management, contributing to the nation’s banking efficiency and security.

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