DHAKA, Sept 22, 2022 (BSS) - The South Bangla Agriculture & Commerce (SBAC) Bank Ltd and the Institute of Chartered Accountants of Bangladesh (ICAB) have signed a Memorandum of Understanding (MoU) on Documents Verifications System (DVS) at the bank's head office.

 
Habibur Rahman, managing director and CEO (CC) of SBAC Bank and Md Shahadat Hossain, president of ICAB signed the MoU on behalf of their respective organizations.
 
Abdul Kadir Molla, chairman of the board of directors of SBAC and Ziaur Rahman Zia, independent director of the Bank were present on the occasion, said a press release today.

Besides, Md. Nurul Azim, deputy managing director, Mohammad Asadul Haque, SEVP and head of treasury, Md. Masoodur Rahman head of ICCD, Md. Mokaddess Ali, EVP & company secretary, Md. Abdul Mannan, EVP & head of credit, Asif Khan, EVP and head corporate banking, Mannan Bapari, SVP and CFO, Mohammad Shafiul Azam, SVP and head of cards, of SBAC Bank, council members of ICAB were present, among others, at the signing ceremony.
 
Under this agreement, the SBAC will get access to use Documents Verification System (DVS) for verifying the authenticity of audited financial statements of different entities.