Dhaka, March 5 -- Al-Arafah Islami Bank signed an agreement with IFS Texwear (Pvt) Limited to provide payroll banking services for the employees of this organisation.

Deputy Managing Director of the bank Md. Fazlur Rahman Chowdhury and Managing Director of IFS Texwear Md. Salahuddin Ahmed signed the documents, according to a press release.

Executive Vice President of the Bank Mohammad Zakir Hossain Bhuiya, Mohammad Rafiqul Islam, Assistant Vice President Gazi Mosthafizur Rahman and Chief Financial Officer of IFS Texwear Motahar Hossain Bhuiya, Senior Commercial Manager S.M. Shakhawat Hussain and Senior officials from both organizations were present in the ceremony.

As part of this payroll banking agreement, employees of IFS Texwear wil...