SBAC Bank

The South Bangla Agriculture and Commerce Bank signed a deal with Dhaka and Chittagong stock exchanges at DSE Tower in Dhaka yesterday on sharing a uniform and integrated electronic subscription system for IPO management. Md Mokaddes Ali, senior vice president and company secretary of SBAC Bank, Md Rabiul Islam, senior manager, Listing Affairs Department of the DSE, and Md Zahidul Islam, deputy manager of the CSE, signed the agreement, says a press release. M Shaifur Rahman Mazumdar, chief operating officer of DSE, and Mohammad Asadul Haque, executive vice president and head of treasury of the bank, were also present.