Dhaka, May 15 -- The National Pension Authority (NPA) on Thursday signed a memorandum of understanding (MoU) with 12 banks to facilitate registration and contribution collection under the Universal Pension Schemes.

This brings the total number of banks partnering with the NPA to 24, as 12 banks had previously signed similar agreements.

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Executive Chairman of the National Pension Authority Md. Mahiyuddin Khan was present at the meeting.

Finance Secretary Dr. Md. Khairuzzaman Mozumder attended the event as the chief guest.

The 12 banks are-AB Bank, Al-Arafah Islami Bank, Islami Bank, IFIC Bank, Midland Bank, Modhumoti Bank,National Bank, NCC Bank, ONE Bank, Premier Ba...