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Padma Bank Limited inaugurated the updated core banking system.


Published : 27 Dec 2022 04:07 PM | Updated : 27 Dec 2022 04:07 PM

Padma Bank Limited has upgraded its core banking system to FloraBank in order to

provide its customers with safe and quick banking services. Padma Bank Limited has

entered the fully digital world by migrating this new core banking solution to FloraBank.

On Monday, December 26, Managing Director and Chief Executive Officer of Padma

Bank Limited, Tarek Reaz Khan, formally inaugurated this new state-of-the-art CBS

through a program organized at Mirpur Learning and Talent Development Center.

At that time, Tarek Reaz Khan said that with the launch of this state-of-the-art core

banking solution, customers can now enjoy modern, secure, reliable, and hassle-free

banking services.

He also said new and upgraded versions of Padma Wallet, Internet Banking, Agent

Banking, Utility Bill Collection, e-KYC, and other apps have also been launched to

provide digital banking convenience to customers on their internet screens.

The senior management team, including Deputy Managing Director Faisal Ahsan

Chowdhury, Chief Human Resource Officer, and CCO M Ahsan Ullah Khan, were also

present at the inauguration ceremony. Chairman and Managing Director of Flora System

Limited, Mustafa Rafiqul Islam, were present. Besides, senior officers from various

departments were present.

Padma Bank's banking operations were halted from December 21st to December 25th due

to a core system update. From Monday, June 26th, customers can receive banking services

through this state-of-the-art service.

Padma Bank Limited will be able to complete customer loans, deposits, and other banking services

with assurance and efficient security through FloraBank software developed by 100% professional

and skilled Bangladeshi engineers.