Eastern Bank : EBL-Unilever sign payroll banking deal

November 13, 2023. Eastern Bank PLC. (EBL) and Unilever Bangladesh Limited (UBL), the country's leading Fast Moving Consumer Goods (FMCG) company, have signed a payroll banking agreement at the UBL Head Office. Under the agreement, the employees of UBL, will enjoy preferential banking facilities including dual currency debit card, loan facilities, and other retail products and services of EBL. UBL will also enjoy EBLConnect, a digital portal, to pay seamless automated salary as well as carry out corporate payments conveniently round the clock.

M. Khorshed Anowar, DMD & Head of Retail & SME Banking of EBL and Syeda Durdana Kabir, Human Resources Director, UBL signed the agreement on behalf of their respective organizations. Ahmed Shaheen, Additional Managing Director & Head of Corporate Banking; Syed Zulkar Nayen, Head of Business; Nahid Farzana, Head of Payroll Banking, EBL and Amira Al Muktadir, Head of Financial Controls of UBL and other delegates from both the organizations were also present at the signing ceremony.

Ahmed Shaheen, Additional Managing Director & Head of Corporate Banking of EBL expressed enthusiasm about the partnership, stating, "This collaboration with Unilever Bangladesh Limited underscores our dedication to providing unparalleled banking solutions. We are committed to enhancing financial well-being for Unilever employees."

The strategic alliance not only promises financial convenience but also signals a deeper integration of services to meet the evolving needs of the workforce.