Eastern Bank Ltd (EBL) has won three Visa awards for its product innovation and the performance of its cards business.
The awards were given in three categories – Excellence in Product Innovation, Excellence in E-commerce Acquiring Business and Excellence in Cross-Border Business for the year 2019-2020, according to a press release issued by EBL.
The award ceremony was held at a webinar recently.
Commenting on the award, M Khorshed Anowar, head of retail SME banking, EBL, said, "In this Covid-19 affected economy, these achievements would not have been possible without the relentless efforts of all the colleagues. This recognition from Visa shows our strength and the product innovation capabilities in the cards business."
Ali Reza Iftekhar, managing director and CEO of EBL, said, "EBL made significant growth in its innovative service and product propositions in Cards Business and Digital Banking during the last few years. We thank all our customers and stakeholders and share our honor with them."
Previously, EBL won the Excellence in Prepaid Card Business 2018-2019 award from Visa in 2019.