Written by The Banking Post
Community Bank Bangladesh PLC and Medbox Solution Ltd. have signed a Memorandum of Understanding (MoU) to introduce an Embedded Finance Program designed to provide pharmacies with seamless access to working capital.
As the exclusive financing partner, Community Bank will offer quick, data-driven credit facilities to merchants on the Medbox B2B e-commerce platform, removing traditional barriers to finance and enabling pharmacies to grow their businesses efficiently.
Of course — this partnership is a milestone,” said KimiwaSaddat, Managing Director of Community Bank. “Together we are creating an ecosystem where pharmacies can thrive with reliable financing solutions.”
Also present at the signing were Dr. Md. Ariful Islam, Head of Corporate Banking & Head of Business (Branch), and Mr. Md. Mamun ur Rahman, Head of ADC & MD’s Coordination Team from Community Bank, alongside the Medbox leadership team including KaziAshikur Rasul, Ahmed ArefeenRaafi, Md. Aminur Rashid, Md. Nazmul Ahsan, and H.M Asif Imtiaz Alam.
The partnership will begin with a Pilot Program, paving the way for a full rollout to strengthen financial inclusion and efficiency in Bangladesh’s healthcare sector.
