Padma Bank Limited and Canadian University of Bangladesh signed a Memorandum of Understanding (MoU) in the capital on Wednesday.

Padma Bank Limited Executive Vice-President and Chief Human Resources Officer Sharif Moinul Hossain and Canadian University of Bangladesh Vice Chancellor Professor Dr HM Jahirul Haque signed the agreement on behalf of their respective organisations, said a press release.

Students will receive an additional 5 percent discount when they use this "Ambassadors of Goodwill" card, which is provided to Padma Bank under the MoU.