Social Islami Bank Limited (SIBL) and HATIL Complex Limited have signed a Memorandum of Understanding (MoU) at the head office of the bank in the capital on Thursday.
Under the agreement, SIBL's Islamic credit cardholders can avail EMI (Equated Monthly Installments) facility for purchasing HATIL products without any additional charges.
Managing Director and CEO of the SIBL Quazi Osman Ali, SEVP and Head of the Card & Consumer Investment Division of the bank Zabed Amin and Director (Marketing) of HATIL Complex Ltd Moshiur Rahman signed the agreement on behalf of their respective organisations, said a press statement.
Deputy Managing Director of the SIBL Abu Naser Chowdhury, Senior Manager (Marketing) of HATIL Ranajit Roy and other senior executives of both the organisations were also present at the programme.