Social Investment Bank Limited (SIBL) and Lotus Forex Hong Kong have entered into an Electronic Fund Transfer (EFT) deal. SIBL Additional Managing Director Mr. Abu Sadek Md. Sohel and Lotus Remittance Manager Ms. Jayati Chakraborty signed the agreement on behalf of their respective organizations in a simple ceremony held in Hong Kong on 17.12.2008. Lotus Forex Chief Executive Officer Mr. Kashinath S. Rao, Vice President Mr. Y. C. Hegde and others were present on the occasion. Through Lotus Forex SIBL will collect Remittance from the expatriates living in the UK, Singapore, Hong Kong and Australia.

Author: Mohammad Abdul Karim,AVP

Source: PRD,SIBL