State Minister for Finance Waseqa Ayesha Khan today said that innovations from various offices and agencies under the Financial Institutions Division would ensure smart financial services to people.
"Fifteen years ago, no office or department could have thought of innovations. But, now a good number of innovations have been made possible due to Digital Bangladesh under the dynamic leadership of Prime Minister Sheikh Hasina. Every initiative of the financial institutions is excellent. Now we'll have to move forward setting targets," she said.
The State Minister was addressing a function as the chief guest on innovation showcasing in participation of the various offices and agencies under the
Financial Institutions Division and selecting the best innovative initiative held at the Ministry of Finance at Bangladesh Secretariat on Tuesday, reports BSS.
Presided over by Financial Institutions Division Secretary Md Abdur Rahman Khan, chiefs of the 25 offices and agencies under the Division attended the function. Chief innovation officer and additional secretary Mofiz Uddin Ahmed
gave the address of welcome.
Waseqa said Father of the Nation Bangabandhu Sheikh Mujibur Rahman had launched cooperatives for the betterment of the farmers of the country while his innovative initiative for the betterment of the agriculture and farmers was much ahead of time.
She also said that Bangladesh has become a role model of development in the global arena under the transforming leadership of the Prime Minister.
Later, the State Minister visited the innovation initiatives of different offices.
The displayed innovations are Bangladesh Bank — e-Performance Management System, Bangladesh Securities and Exchange Commission — Customer Complaint Address Module (CCAM), Insurance Development and Regulatory Authority Insurance info app, Microcredit Regulatory Authority — e-Payment System, Palli Karma Sahayak Foundation — Digital Training Platform, Social Development Foundation — Ensuring healthcare at the doorsteps of the beneficiaries through telemedicine, Bangladesh Municipal Development Fund — Financing for infrastructural development in municipal areas, Sonali Bank PLC - Sonali eWallet, Janata Bank PLC — e-Account Opening, Agrani bank PLC — Online Staff Pension Management System, Rupali Bank PLC — Loan Originating System (LOS), BASIC Bank Ltd — Magpie and e-KYC software "BASIC i-Account", Bangladesh Development Bank PLC — Online Fund Transfer System, Bangladesh Agricultural Bank — Remittance Quick Payment System, Rajshahi Krishi Unnayan Bank “RAKUB Lens”, Ansar-VDP Development Bank — Online Share Management System, Karmasangsthan Bank — KB Smart Loan System; Probashi Kallyan Bank — PKB Smart PAY (Mobile Application for Loan Recovery), Palli Sanchay Bank — Voice User Interface (VUI), Bangladesh House Building Finance Corporation — Smart Home Loan (sHL), Investment Corporation of Bangladesh — Issuance of income tax certificates to customers through online, Sadharan Bima Corporation — Simplifying settlement of fire insurance claim, Jiban Bima Corporation — Information technology based central fund management, Bangladesh Institute of Capital Market - Online Article Submission and Publication System, Bangladesh Insurance Academy — Learning Management System.
