STAR BUSINESS DESK

City Bank PLC has signed an agreement with Titas Gas Transmission and Distribution PLC, under which the bank will collect utility bills for Titas through its distribution network and internet banking channels.

Mesbaul Asif Siddiqui, deputy managing director and head of wholesale banking at City Bank PLC, and Md Lutful Hyder Masum, general manager and company secretary of Titas Gas Transmission and Distribution PLC, signed the agreement at Titas Gas Bhaban in Karwan Bazar, Dhaka recently, according to a press release.

Shahnewaz Parvez, managing director of the gas transmission and distribution company, and Tahsin Haq, head of corporate and institutional liability at the bank, along with other senior officials from both organisations, were also present at the signing ceremony.