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Padma Bank begins centralised clearing system


Published : 27 May 2022 08:21 PM

Managing Director & CEO Tarek Reaz Khan has inaugurated the centralized clearing system of the bank on Thursday 

The centralization transformation of Padma Bank Limited has begun with the inauguration of Centralized Clearing. This initiative is another milestone in establishing good corporate governance. 

Previously, the cheques of Padma Bank clients, deposited in different banks across the country, were cleared through the customer’s account corresponding branch. 

Addressing the occasion, Managing Director & CEO of Padma Bank Ltd. Tarek Reaz Khan said, “Padma Bank is committed to establishing good corporate governance. Ensuring safe and secure service to our customer is our top priority”. 

Deputy Managing Director Zabed Amin, EVP and Head of Operations Syed Towhid Hossain, SEVP & Principal of Padma Bank Training Institute Sabirul Islam Chowdhury, SEVP & Head of International Department ASM Asadul Islam, VP & CITO Md. Mosharraf Hossain Khan and other senior officials were also present on the occasion.