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Agreement Signing Ceremony held between Farmers Bank & IT Consultants

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An agreement ceremony was held on 06th April 2015 in a local Hotel between IT Consultants Limited and The Farmers Bank. Farmers Bank would purchase world renowned Tranzware Switch & CMS Solutions from IT Consultants Limited through this agreement.

Through Tranzware Solution, the clientele of Farmers Bank may enjoy services like ATM, POS, Card Management and E-payments in all forms. Moreover, Farmers bank can also introduce chip based EMV Debit, Credit and Prepaid cards based on the above solution.

Additionally, through this solution package, Farmers bank is going to get connected to the Bangladesh’s largest ATM network, “Q- Cash” and with “National Payment Switch Bangladesh”. It is mentionable that Tranzware Solution is used in 33 banks of Bangladesh for ATM, POS and other E-Payment Services.

Mr. Chowdhury Mostak Ahmed, MD &CEO, Mr. A.K.M Shamim, AMD, Mr. Shah Azam, Head of IT, Mr. Shafi Kamal, Head of IT Operations of Farmer Bank were present in the ceremony. From IT Consultants Limited, Mr. Kazi Saifuddin Munir, Ph.D, MD & CEO, Mr. Osman Haidar, Director, Business, Mr. Mahmud Hasan Shishir, Head of Sales and Marketing & Mr. Zubaer Ahmad, Head of Transaction Processing and Business Initiatives were present in the ceremony. Higher officials of both the organizations also graced the program.



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