STAR BUSINESS DESK

The Premier Bank PLC has signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to enable registration under the Universal Pension Schemes (UPS) and facilitate the collection of subscription fees.

Under the terms of this agreement, subscribers will be able to register for the UPS and pay their monthly subscription fees through Premier Bank PLC.

Mohammad Abu Jafar, managing director and CEO of the bank, and Md Mahiuddin Khan, executive chairman of the NPA, signed the MoU at the conference room of the Finance Division at the Ministry of Finance in the capital recently, according to a press release.

Md Khairuzzaman Mozumder, secretary to the Finance Division at the Ministry of Finance, attended the event as the chief guest.

Senior officials from both organisations were also present.