Global Brand PLC and Hyosung TNS Form Strategic Partnership to Transform Banking Technology in Bangladesh

Global Brand PLC, Bangladesh’s leading distributor of IT products, has officially partnered with Hyosung TNS, a global leader in financial technology solutions, to revolutionize the banking technology landscape in Bangladesh. The Memorandum of Understanding (MOU) was signed today at the Green Garden Restaurant in Dhaka, with Mr. Abdul Fattah, Chairman of Global Brand PLC, and Mr. Sang Kon Lim, Director of ATM Business Head South Asia at Hyosung TNS, overseeing the ceremony.

The partnership focuses on deploying and advancing Automated Teller Machines (ATMs) and banking kiosks across Bangladesh. Combining Global Brand PLC’s extensive distribution network and local market expertise with Hyosung TNS’s innovative financial technology solutions, the collaboration aims to improve customer experiences and foster economic inclusion nationwide.

Mr. Abdul Fattah, Chairman of Global Brand PLC, expressed his enthusiasm, stating, “We are excited to join forces with Hyosung TNS to introduce cutting-edge banking technologies to Bangladesh. This partnership aligns with our mission to provide cost-effective, best-in-class technology solutions to our customers.”

Mr. Sang Kon Lim of Hyosung TNS emphasized the importance of the partnership, saying, “Teaming up with Global Brand PLC helps us expand our reach and deliver innovative ATM and banking kiosk solutions to the Bangladeshi market. Together, we aim to transform the banking experience for customers across the country.”

The signing event was attended by key officials, including Managing Director of Global Brand PLC, Rafiqul Anowar, and Deputy Managing Director, Jashim Uddin Khondaker, along with other senior representatives from both organizations. Global Brand PLC is recognized as the leading IT products distributor in Bangladesh, representing over 80 globally renowned technology brands, and is committed to delivering high-quality technology products and enterprise solutions.

Founded in 1979, Hyosung TNS has been at the forefront of financial technology innovation, offering a range of self-service solutions, including ATMs and banking kiosks. The company has a strong presence in over 30 countries and continues to expand globally through strategic partnerships.

This collaboration marks a significant milestone in the advancement of banking technology in Bangladesh, promising to enhance services and improve accessibility for customers nationwide.

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