Seven banks renewed their Memorandum of Understanding (MoU) with the Central Procurement Technical Unit (CPTU) on 22 December 2019 on receiving payment from tenderers in the e-GP system.

Additional Secretary and Director General of CPTU Mr. Md. Ali Noor chaired a meeting at CPTU with senior executives of the banks in this connection. The CPTU officials were also present in the meeting.

A total of 46 banks have such MoUs with CPTU. The MoUs are signed for three years and then these are renewed. More than five thousand branches of such banks have been providing e-GP payment services to tenderers across the country.

The banks that renewed their MOUs on 22 December 2019 are Dhaka Bank, Al Arafa Islami Bank, IFIC Bank, AB Bank, NCC Bank, Standard Bank and One Bank.