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Country鈥檚 IT products distributor Global Brand PLC and Korea-based financial technology service provider Hyosung TNS signed a Memorandum of Understanding on Sunday in the capital.

Abdul Fattah, chairman of Global Brand PLC, and Sang Kon Lim, director of ATM Business Head South Asia of Hyosung TNS, signed the MoU.


According to a press release, this collaboration focuses on deploying and advancing Automated Teller Machines (ATMs) and banking kiosks throughout Bangladesh.

The partnership aims to enhance customer experiences and promote economic inclusion nationwide through Global Brand鈥檚 network and Hyosung鈥檚 expertise, said the press release.

Abdul Fattah, chairman of Global Brand PLC, said that they are excited to join forces with Hyosung TNS to bring cutting-edge banking technologies to Bangladesh.

This collaboration aligns with our mission to provide cost-effective, best-in-class technology solutions to the customers, he added.

Sang Kon Lim of Hyosung TNS emphasized the significance of the alliance, saying that the partnership will help them to expand their reach and deliver innovative ATM and banking kiosk solutions to the Bangladeshi market.

The managing director of Global Brand PLC, Rafiqul Anowar, and deputy managing director Jashim Uddin Khondaker were also present at the event, along with other high officials of both organisations.