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LankaBangla, Nagad sign agreement to facilitate marginal people

Staff Correspondent
07 Jun 2022 16:06:56 | Update: 07 Jun 2022 16:15:41
LankaBangla, Nagad sign agreement to facilitate marginal people
— Courtesy Photo

LankaBangla Finance has signed an agreement with mobile financial services (MFS) provider 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, with the aim 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 organisations recently at LankaBangla corporate head office in Dhaka.

“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,” Rahel Ahmed said.

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“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, "Aligning with the fourth industrial revolution and Digital Bangladesh vision, we have established Digital Transformation Department to provide better and faster customer service to extend our presence all over the country through the digital platform.”

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“Now with the help of Nagad, we can reach six and a half crores of Nagad users in any area of Bangladesh,” he added.

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