The credit cards of LankaBangla, formerly Vanik, are being issued in co-operation with MasterCard International.

LankaBangla introduced the new cards at a press conference in Dhaka. Mohammad A Moyeen, chairman, Sayyed Husain Jamal, managing director, and Ahmed Zafrul Hasan, senior vice president of LankaBangla, spoke at the press conference.

The new LankaBangla Mastercard is available in two categories -- gold and classic -- with annual fees of Tk 2,000 and 1,000 respectively.

LankaBangla also announced an introductory offer for 100 percent waiver on membership fee for all applications received on or before 30th September and 50 percent for those received between October 1 and 31.

LankaBangla started its journey in Bangladesh in 1997 as Vanik Bangladesh. It issued credit cards in 1998.