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Nagad contributes to economic growth: CTTC chief

Staff Correspondent
31 Jul 2022 19:01:38 | Update: 31 Jul 2022 19:26:27
Nagad contributes to economic growth: CTTC chief

Dhaka Metropolitan Police Additional Commissioner and of Bangladesh Police's Counter Terrorism and Transnational Crime Unit (CTTC) Chief Md Asaduzzaman said that Nagad is playing an outstanding role in the country's economic progress.

He made this remark during a view exchange meeting between the Postal Department's mobile finance service Nagad and CTTC on Saturday.

The view exchange meeting was held between the top officials of Nagad and CTTC. Md Asaduzzaman, Additional Commissioner of DMP and Chief of CTTC, was the chief guest at the event while Niaz Morshed Elite, Executive Director of Nagad Limited, delivered the opening remarks.

The function was attended by Lt Col Md Kousar Soukat Ali (Retd), Chief External Affairs Officer of Nagad and Md Mahbub Alam, DIG (Retd), Head Stakeholder Management of Nagad.

In addition to CTTC, the event was also attended by Deputy Police Commissioner Mohammad Shahidullah, Deputy Police Commissioner Abdul Mannan, Deputy Police Commissioner Muhammad Habibun Nabi Anisur Rashid, and Deputy Police Commissioner Mishuk Chakma, among others.

"Nagad is playing an incredible role in the economic growth of Bangladesh. Since its commencement in 2019, the organisation has made significant progress in a very short period of time. Their progress is unique. As the charges are low and sending money is free, they are advancing rapidly," Md Asaduzzaman said.

"Stability in law and order is essential for economic growth. And so, CTTC is working actively. As digitalisation expands, scammers gain strength. However, at CTTC we are strengthening ourselves. These fraudsters will not escape the attention of our expert officers," the CTTC said regarding the prevention of digital fraud.

Regarding the establishment of Nagad's digital bank, he said "Digital bank will propel us ahead. I congratulate Nagad in advance on its plan to launch a digital bank."

"65 per cent of Bangladeshis were previously excluded from financial inclusion. Since the inception of Nagad, the rate has reduced to 50 per cent. According to statistics, Nagad is playing a significant role in bringing the underprivileged population of the country into financial inclusion," Nagad Executive Director Niaz Morshed Elite said in his speech.

"The faster we digitise economic operation; the more digital crimes are there. CTTC is doing an exceptional job to prevent them. We appreciate CTTC's proactive stance against all the crimes." He added

The vote of thanks was given by Lt Col Md Kousar Soukat Ali (retd), Chief of External Affairs Officer. Zahidul Islam Sajal, Head of Public Communications of Nagad conducted the program.

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