Dhaka, 13 January 2015: Hong Kong based BC Finance Limited has today officially signed off the implementation of Southtech Ascend Banking with their operations going live in their Myanmar Head Office and branches as per an agreement that was signed on 16 September 2014. Mr. Jeremy Stuart Kloiser-Jones, Director and CEO of BC Finance Limited and Mr. Syed Mamnun Quader, MD & CEO of Southtech Limited signed the agreement on behalf of their respective sides.
BC Finance is part of Bagan Capital Limited, a private equity firm specializing in making investments in financial services, infrastructure, real estate, hotels, manufacturing and consumer goods, resources and energy, mining services, tourism, agriculture, retail and franchise management, telecommunications, education, and healthcare sectors.
