LankaBangla, Nagad to bring marginal people under financial inclusion

LankaBangla Finance has signed an agreement with Nagad to launch its digital sales window for marginal people.

Under this agreement, LankaBangla will provide DPS facility, credit card and loan applications through Nagad in urban and remote areas. The sole purpose is to bring marginal people under the banking umbrella across the country, Nagad said in a statement on Tuesday.

LankaBangla Finance Limited Managing Director and CEO Khwaja Shahriar and Nagad CEO Rahel Ahmed signed the agreement on behalf of their respective organizations recently at LankaBangla corporate head office in Dhaka.

Commenting on the agreement the CEO of Nagad Limited, said, “Nagad is the first mobile financial service that has designed all of its services focusing on easing the life of its users irrespectively the urban and rural areas. We are heading to a developed country, and now people need to access all financial services sitting anywhere in the country.”

“This will also tremendously boost people’s adoption of digital financial services and bring more marginal people into financial inclusion across the country,” he added.

The MD and CEO of LankaBangla said, “LankaBangla always focuses on Financial Innovation and works relentlessly to provide customized financial products to our customers. Digital Banking is changing the financial landscape in the country. Aligning with the 4th industrial revolution, we have established Digital Transformation Department to provide better and faster customer service to extend our presence through the digital platform.”