BRAC Bank, Daraz sign e-commerce agreement
BRAC Bank and Daraz Bangladesh signed a memorandum of understanding on 31 October to provide banking services to e-commerce sellers who market their products through the Daraz.com.bd platform.
Daraz sellers will now enjoy benefits on both deposit and loan products of BRAC Bank, and Daraz Bangladesh will provide training and advisory service to BRAC Bank SME customers to join their platform as sellers. Under this initiative, BRAC Bank disbursed the first loan of BDT 5 million to Dream Electronics BD who is one of the top sellers at Daraz.
Indrajit Sur, head of Emerging Corporate, SME Banking, SM Alomgir Hossain, head of Small Business East, SME Banking and Syed Mostahidal Hoq, managing director, Daraz Bangladesh, Siraj Siddiquey (Shakil), head of Digital Banking and E-commerce, Shajed Al Haque, senior manager, Business Transformation, SME Banking along with senior members of Daraz Bangladesh Ltd and BRAC Bank were present at the signing ceremony.
Source: https://business-news.bizbangladesh.com