Dhaka Bank PLC has signed a comprehensive Payroll Banking Agreement with New Asia Group, extending its specialised financial services to the employees of Malek Spinning Mills PLC, Salek Textile Limited, and Denim Asia Limited.
A corporate press release confirmed that the official signing and document exchange ceremony took place at the New Asia Group’s central head office, located at Tower One One Seven, 117/A, Tejgaon Industrial Area, Dhaka-1208.
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Signatories and Delegations
The strategic pact was formally executed by key representatives from both commercial entities. Mr H. M. Mostafizur Rahaman, Senior Executive Vice President (SEVP) and Head of the Retail Business Division, signed the agreement on behalf of Dhaka Bank PLC. He exchanged the contractual documents with Mr Ghaus Mohammad, Director of Human Resources and Administration, who represented New Asia Group.
A high-level delegation of senior leadership from both institutions attended the proceedings. Dhaka Bank’s executive presence included Mr Syed Ashraful Amin, Executive Vice President (EVP) and Head of the bank’s Kawran Bazar Branch. New Asia Group’s senior financial and administrative management was represented by:
Mr Bidyut Kumar Chaki, Chief Financial Officer
Mr Syed Saiful Haque, Company Secretary (MSM)
Mr Amit Kumar Saha, Chief Financial Officer (RTML PLC)
Mr Buddhadeb Karmakar, Chief Financial Officer (KAL)
A number of other senior officials from both enterprises also attended the ceremony to mark the commencement of the partnership.
Scope of Employee Financial Services
The partnership guarantees that workforce members across Malek Spinning Mills PLC, Salek Textile Limited, and Denim Asia Limited will become eligible for an array of exclusive retail banking facilities and tailored financial products managed by Dhaka Bank PLC.
Summary of Employee Banking Provisions
| Banking Product | Terms and Privileges Provided |
| Salary Accounts | Dedicated accounts structured with competitive interest rates. |
| Retail Loans | Access to personal loan packages and auto financing on preferential terms. |
| Card Services | Local and international credit cards featuring fee waivers and lifestyle rewards. |
| Digital Platforms | Full account integration and electronic banking via the Dhaka Bank Go App. |
| Savings & Deposits | Optimised yields and special facilities on regular savings schemes, DPS, and FDR. |
| Account Management | Priority service tiers accompanied by dedicated relationship management support. |
Corporate Rationale and Strategy
This collaboration highlights Dhaka Bank’s corporate focus on deploying automated payroll management solutions that simplify corporate administrative tasks while simultaneously improving the financial well-being and operational satisfaction of employees.
By integrating a major manufacturing and textile workforce into its client network, Dhaka Bank PLC marks a further step in its commercial campaign to establish itself as the premier choice for payroll banking services among large-scale corporate employers throughout Bangladesh.