Citizens Bank Partners with BREB Nationwide

In a move aimed at improving payment accessibility for rural consumers, Citizens Bank PLC has signed a strategic agreement with the Bangladesh Rural Electrification Board (BREB) to facilitate nationwide electricity bill collection. The signing ceremony took place at BREB’s Head Office in Nikunja-2, Dhaka, bringing together senior officials from both organisations.

The agreement was executed by Mr. Md. Mostafizur Rahman, Deputy Managing Director of Citizens Bank PLC, and Mr. Md. Masud Parvez, Director (Finance), Directorate of Financial Monitoring (Northern Region) of BREB. The event was witnessed by Mr. Alamgir Hossain, Managing Director of Citizens Bank, and Dr. Najmus Sayadat, Member (Finance) of BREB, alongside other senior representatives including Mr. Md. Abdul Latif, Deputy Managing Director of Citizens Bank, and Mr. Md. Idris, Controller, Finance & Accounts of BREB.

Under the agreement, Citizens Bank PLC will utilise its extensive network of branches and sub-branches to collect electricity bills for Palli Bidyut Samities operating under BREB. This initiative is expected to simplify the payment process for consumers, particularly in rural areas, while enhancing efficiency and transparency in bill collection.

Officials highlighted that the partnership strengthens financial outreach in remote communities. Consumers will now be able to pay electricity bills conveniently at their nearest Citizens Bank branch, reducing the need to travel long distances to BREB offices.

Summary of Key Details:

This collaboration is expected to contribute to smoother financial transactions and improved service delivery in the rural electricity sector. Both Citizens Bank PLC and BREB emphasised their commitment to making electricity payment processes more convenient and reliable for the country’s rural population.