Pension Authority signs deal with 17 more banks 

The National Pension Authority (NPA) has signed a deal with 17 more private banks to facilitate registration, contribution collection, and the integration of application programming interfaces as part of efforts to implement the universal pension scheme.

The signing ceremony of the memorandum of understanding was held at the Finance Division on Monday, which was attended by bank managing directors.

The banks are: Bank Asia, Bangladesh Commerce Bank, Bangladesh Development Bank, BASIC Bank, Bengal Commercial Bank, Dhaka Bank, EXIM Bank, Jamuna Bank, Meghna Bank, Mercantile Bank, NRB Bank, NRBC Bank, SBAC Bank, Standard Bank, Shimanto Bank, Social Islami Bank, and United Commercial Bank.

Md Mahiuddin Khan, executive chairman of the NPA, presided over the signing ceremony.

Finance Division Secretary Md Khairuzzaman Mozumder called upon banks to actively promote the scheme and ensure wider participation.