Dhaka, Bangladesh (BBN)– Eastern Bank Limited has launched visa corporate card, first of its kind in Bangladesh.

EBL Visa Corporate is a business expense management card issued through a company for its employees. The Employees will use the card for their business travel and entertainment related payments at hotels, shops or to vendors.

EBL Managing Director and Chief Executive Officer Ali Reza Iftekhar formally launched the EBL Visa Corporate Card in the capital Dhaka on Tuesday.

Any company – be it limited, public or financial institution can avail the card facility for their employees. Now, instead of giving cash advances, a company would give employees a pre-limit Corporate Card for the official expenses. EBL Visa Corporate card is usable at over million shops and ATM locations worldwide.

BBN/SI/AD-22Sept10-10:12 am (BST)