Karmasangsthan Bank awarded first prize for implementation of APA

Karmasangsthan Bank was awarded the first prize for the implementation of the Annual Performance Agreement (APA) in the 2022-23 fiscal year (FY).

The Secretary of the Financial Institutions Department Mr Abdur Rahman Khan FCMA handed over the award to Arun Kumar Chowdhury, the managing director of Karmasangsthan Bank, on Thursday.

With the implementation of APA, the bank secured first place among the state-owned specialised banks by getting 99.14 marks, says a media release.

In FY22, Karmasangsthan Bank was the first among the state-owned specialised banks.