AB Bank, Scholastica Launch Education Partnership

In a move to support employee families and promote access to quality education, AB Bank PLC. has signed a Memorandum of Understanding (MoU) with Scholastica School. Under the agreement, children of permanent AB Bank staff will be entitled to up to 50% discount on admission fees, making high-quality education more accessible to the bank’s employees.

The MoU was signed by Mr. Reazul Islam, Acting Managing Director & CEO of AB Bank PLC., and Ms. Syeda Madiha Murshed, Managing Director of Scholastica School, in a ceremony attended by senior representatives from both organisations. The initiative reflects a shared commitment to employee welfare, educational development, and community engagement.

Other notable attendees included Mr. Z M Babar Khan, Additional Managing Director of AB Bank, Mr. Mahadev Sarker Sumon FCA, Additional Managing Director of AB Bank, and Mr. Mohammad Shahidul Haque, Deputy General Manager of Scholastica School, along with several senior officials from both institutions.

Speaking at the event, Mr. Islam said, “AB Bank is committed to the welfare of its employees and their families. By partnering with Scholastica School, we aim to reduce financial barriers to high-quality education for our children.” Ms. Murshed added, “Scholastica is delighted to collaborate with AB Bank, enabling students to benefit from quality education with financial support, fostering both academic and personal growth.”

MoU Details at a Glance

The collaboration forms part of AB Bank’s broader employee welfare programme, which aims to enhance both personal and professional support for staff. By easing access to premium educational facilities, the bank reinforces its long-term commitment to nurturing families, fostering community engagement, and contributing to social development in Bangladesh.

This partnership not only provides tangible financial benefits but also strengthens the bond between the financial and educational sectors, highlighting the importance of collaborative initiatives for societal progress.