Agreement Between NRBC Bank and May International to Modernize Foreign Trade Banking Services

NRBC Bank has signed a Memorandum of Understanding (MoU) with May International Trade Services Limited to modernize its foreign trade-related banking services, making them more efficient, faster, and secure. Under the agreement, NRBC Bank will adopt advanced technology to gain access to real-time vessel movements, container tracking and verification of imported goods’ prices. This initiative is expected to strengthen the bank’s due diligence process and minimize risks associated with foreign trade transactions. The signing ceremony was held on Thursday, 25 September 2025, at the Bank’s Head Office. Managing Director & CEO of NRBC Bank, Dr. Md. Touhidul Alam Khan, and Managing Director & CEO of May International Trade Services Limited, Syed Aminul Kabir, signed the MoU on behalf of their respective organizations. Also present at the event were Mohammad Abdul Qaium Khan, Deputy Managing Director & Chief Operating Officer of NRBC Bank; Hasnat Reza Mohibbul Alam, Head of International Division of NRBC Bank; Layla Kowkain Ara, Deputy Managing Director of May International; along with other senior officials from both organizations. May International Trade Services Limited is a technology-driven platform specializing in maritime data and product price analytics. Through this partnership, NRBC Bank aims to further strengthen its international banking services and deliver greater value to its clients engaged in foreign trade.