Dhaka Bank PLC and the Institution of Engineers, Bangladesh (IEB) signed a Memorandum of Understanding (MoU) at Dhaka Bank’s Head Office to introduce exclusive co-branded Visa Signature and Visa Platinum Credit Cards for eligible IEB members. This strategic partnership aims to enrich members’ banking and lifestyle experiences by offering premium payment solutions, enhanced financial convenience and a wide range of exclusive privileges and benefits.

The event was graced by Mr. Osman Ershad Faiz, Managing Director and CEO of Dhaka Bank PLC and Engr. Mohammad Reazul Islam (Rezu), President of IEB and Chairman of RAJUK. The agreement was formally signed by Mr. Md. Mostaque Ahmed, Deputy Managing Director and Chief Emerging Market Officer of Dhaka Bank PLC and Prof. Dr. Engr. Md. Sabbir Mostafa Khan, Honorary General Secretary of IEB and Head of the Department of Water Resources Engineering at BUET. Following the signing ceremony, the agreement copies were exchanged between the Managing Director and CEO of Dhaka Bank PLC and the President of IEB.

Among the senior officials present from Dhaka Bank PLC were Mr. A. K. M. Shahnawaj, Additional Managing Director; Mr. Akhlaqur Rahman, Deputy Managing Director; Mr. A. M. M. Moyen Uddin, Deputy Managing Director; Mr. Sheikh Abdul Bakir, Deputy Managing Director; H. M. Mostafizur Rahaman, Senior Executive Vice President and Head of Retail Business Division; Mr. Mosleh Saad Mahmud, Executive Vice President and Head of Cash Management Unit; Mr. Md. Aftab Uddin, Executive Vice President and Manager, Gulshan Circle-2; and Ms. Farzana Qader, Senior Vice President and Head of Priority, Alliance & Women Banking. Representing the Institution of Engineers, Bangladesh (IEB), Engr. Niaz Uddin Bhuiyan, Vice-President (Services & Welfare), IEB and Managing Director of Infinity Furniture Ltd., was also present, along with other senior officials from both organizations.

The co-branded cards will offer a range of premium benefits, including annual fee waivers for the first three years and up to three complimentary supplementary cards. Cardholders will enjoy eight complimentary visits to more than 1,600 international airport lounges through the LoungeKey programme, along with unlimited access to Dhaka Bank’s Balaka Lounge. Additional travel privileges include complimentary airport pick-up and drop-off services and meet-and-greet assistance. Dining and hospitality benefits include exclusive Buy 1 Get up to 3 Free buffet privileges at selected five-star hotels. Other benefits include Dhaka Bank’s Quintuple Credit Shield with coverage of up to BDT 8 million, 0% EMI facilities for up to 24 months, reward points and attractive discounts at more than 6000 partner merchants nationwide.

Speaking on the occasion, Mr. Osman Ershad Faiz, Managing Director and CEO of Dhaka Bank PLC, said, “Dhaka Bank is committed to delivering innovative and customer-focused banking solutions that address the evolving needs of its customers. Through this collaboration with IEB, we aim to provide engineering professionals with exclusive payment solutions and premium lifestyle privileges. We believe this partnership will strengthen our relationship with IEB members and create greater value through our retail banking services.”

Engr. Mohammad Reazul Islam (Rezu), President of IEB and Chairman of RAJUK, appreciated the initiative and said, “This is a welcome initiative for IEB members. We appreciate Dhaka Bank for introducing exclusive card facilities and preferential Retail banking benefits for our members. We encourage our members to take advantage of these offerings and explore other suitable Retail Banking services from Dhaka Bank. We believe this initiative will further strengthen the relationship between IEB and Dhaka Bank.”