The New Nation - Internet Edition

BUSINESS REPORT

Sonali Bank Ltd, country's largest government-owned commercial bank, has entered into the modern technology-based banking system through the inauguration of an ATM booth at its Ramna Corporate branch in the city yesterday.

S.A. Chowdhury, Chief Executive Officer and Managing Director of Sonali Bank Ltd, formally inaugurated the ATM booth as the chief guest.

Customers will be able to avail 24-hour banking facilities from this booth by using debit cards.

Inaugurating the ATM booth, S.A. Chowdhury said, "Twelve such ATM booths will be launched in Dhaka, Chittagong, Rajshahi, Sylhet and Khulna within the shortest possible time.'

The Sonali Bank Managing Director also disclosed that ATM booths would also be installed at Motijheel, Cantonment and New Market branches of the bank soon. He said that computerisation of 238 branches of Sonali Bank has already been completed, while other 225 branches will be computerised within this year and rest of the branches will be computerised in phases.

The bank has developed its quality by introducing "One Step" service, he said.

It may be mentioned that Sonali Bank Ltd has introduced Remittance Management System (RMS) to enable to reach foreign remittances to their beneficiaries within 24 hours in any part of the country.

For inland remittances, such as, DD, MT, TT Instant Financial Reconciliation Messaging System (IFRMS) has been established within 300 branches to facilitate the customers to get their payment instantly.

Senior officials of the bank, including Deputy Managing Director and a large number of clients were present on the occasion.