• November 22, 2024 10:48 am

Southeast Bank organized a Day-Long Workshop on ‘Fingerprint Verification Solution’

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Published October 24, 2024
Southeast Bank organized a Day-Long Workshop on ‘Fingerprint Verification Solution’

Business Desk: Southeast Bank PLC. organized a day-long hands-on workshop on the ‘Fingerprint Verification Solution (FVS)’ on October 24,2024. The workshop ended with a closing ceremony, attended by Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC. He emphasized the importance of using the software to prevent fake loan disbursement.
The workshop was organized at the bank’s training institute for a total of 80 officials of different branches.

As per BRPD Circular # 15/2023 of Bangladesh Bank it is now mandatory for loan borrowers, guarantors or third parties to provide thumb impressions of both hands, along with their signatures, when taking loans.
To comply the circular, Information Technology Division of Southeast Bank PLC. has deployed the Fingerprint Verification Solution (FVS) for capturing thumb impression of borrowers, co-borrowers, guarantors or third parties, verify it with the NID system of EC (Election Commission) and then stamping thumb impression on the charge documents before disbursement of loans.
Ms. Sayma Banu, Director of Training Institute, and Kazi Md. Ehasanuzzaman, Executive Vice President of Information Technology Division also attended the event, along with other officials of the Bank.

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