Eastern Bank Ltd. (EBL) has become the country’s first bank to connect its ATM network with Bangabandhu Satellite-1. An agreement between EBL and Bangladesh Satellite Company Limited (BSCL) was signed on April 5, 2022 at a simple ceremony at the head office of BSCL in Dhaka.

Dr. Shahjahan Mahmood, Chairman & CEO of BSCL and Ali Reza Iftekhar, MD & CEO of EBL signed the agreement on behalf of their respective organisation. Shafiqul Islam, Managing Director, BSCL, Shah Ahmedul Kabir, GM-Sales & Marketing, Zahidul Haque, Chief Technology Officer, EBL were also present at the signing ceremony along with senior executives from both the organizations.