Citizens Bank signs MoU with National Pension Authority  

Citizens Bank PLC signed a Memorandum of Understanding (MoU) with the National Pension Authority to support the implementation of the Government’s Universal Pension Scheme.

According to a press release, the signing ceremony was held on Wednesday in the conference room of Finance Division in the Ministry of Finance.

Mr. Alamgir Hossain, Managing Director of Citizens Bank PLC and Mr. Md. Mohiuddin Khan, Executive Chairman of National Pension Authority signed the MoU on behalf of their respective originations. Mr. Dr. Md. KairuzzamanMozumder, Secretary, Finance Division, Ministry of Finance graced the occasion as Chief Guest. Among others, High officials of Finance Division, National Pension Authority and Citizens Bank were also present on the occasion.

Under the MoU Citizens Bank will facilitate customer registration and monthly subscription collection for all active pension schemes – Progati, Surakkha, Somota and Probash. Customers will also be able to register conveniently and make contributions against the Pension Schemes through Citizens Bank’s Branches, Sub-branches and alternative delivery channels.