Dhaka, May 17 -- BRAC Bank has partnered with Karmasangsthan Bank to offer enhanced digital cash management solutions across the country.

Under the agreement, BRAC Bank will collect loan instalments and savings deposits from customers of Karmasangsthan Bank through its nationwide network of branches, sub-branches, and Agent Banking outlets. To enable real-time transaction updates and seamless reconciliation, the two banks will establish API connectivity between their systems, according to a media release.

Through this partnership, around 23 lakh customers of Karmasangsthan Bank will benefit from real-time loan instalment and savings deposit collection services, ensuring greater convenience, accessibility, and efficiency in financial tra...