DHAKA : A Memorandum of Understanding (MoU) has been signed between Shahjalal Islami Bank PLC (SJIB PLC) and Union Development & Technologies Limited on 25th May 2025 at the Corporate Head Office of the Bank, according to a press release.
In the presence the Managing Director of Shahjalal Islami Bank PLC Mosleh Uddin Ahmed, the Deputy Managing Director of the Bank Mustafa Husain and the Managing Director of Union Development & Technologies Limited Sheikh Abul Hashem signed on the MoU on behalf of their respective organizations. After the signing of the agreement, the Additional Managing Director of Shahjalal Islami Bank PLC. Imtiaz U. Ahmed handed over the documents to Sheikh Abul Hashem, Managing Director of Union Development & Technologies Limited.
Under the agreement, Shahjalal Islami Bank PLC will provide investment facility and special discount on investment profit rate on easy terms and in the shortest possible time for the esteemed buyers of flats and commercial spaces built by Union Development & Technologies Limited.
Among others the Deputy Managing Director of Shahjalal Islami Bank PLC M. M. Saiful
Islam, the EVP of the Bank’s Risk Management Division. Mohammed Abu Shayem, the head
of the Retail Banking Department of the Corporate Head Office S. M. Mohiuddin, the
Manager of Panthapath Branch of the Bank Muhammed Noorunnabi and the Senior General
Manager-Operations of Union Development & Technologies Limited. Syed Mozhar-uz-
Zaman along with the senior officials of both organizations were present in the agreement
ceremony.
