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March 26, 2023 - Shimanto Bank signs MoU with Kay Kraft to offer discounts on credit card purchases
March 26, 2023 - Nuruddin Md. Sadeque Hussain, Managing Director (CC)of Southeast Bank Limited, inaugurates the operation of its 8 Agent Banking outlets virtually at the banks head office on Thursday. Senior officials of the bank were present.
March 26, 2023 - Recognise 25th March as International Genocide Day: PM to world
March 26, 2023 - Nation celebrating Independence Day
March 26, 2023 - PM greets countrymen, vows to build Smart Bangladesh on Independence Day
March 26, 2023 - President, PM pay homage to Liberation War martyrs
March 26, 2023 - Nation observes one-minute blackout
March 26, 2023 - Int’l pressure on Pakistan for acknowledgement of 1971 genocide: Justice Shahkar
March 11, 2023 - Bubly, Roshan pair up in rom-com
March 11, 2023 - Ziaul Hasan Siddiqui, Chairman of Board of Directors of Sonali Bank Limited, inaugurates the 18 Model branches at the bank’s head office on Monday. Md. Afzal Karim, CEO and Managing Director and other senior executives of the bank were present.
March 11, 2023 - Bank Asia Limited has celebrated the Financial Literacy Day for the first time by arranging different types of activities aiming to build awareness and knowledge on financial matters and services of customers.Md. Sazzad Hossain, DMD, along with other senior officials of the bank inaugurates the program at its head office in the capital on Monday.
March 11, 2023 - Naser Ezaz Bijoy, CEO of Standard Charted Bangladesh, hands over a donation cheque of Tk. 16cr for char-based communities receive much needed farm-to-market support to increase agricultural output, rise above poverty, produce efficiently, and build resilience. Runa Khan, Founder and Executive Director, Friendship (NGO) and other executives from both sides were present.
December 28, 2022 - Lub-rref (BD) approve 10pc cash dividend: Lub-rref (Bangladesh) Limited has been approve 10 percent cash dividend for all shareholders. The declaration came out through its 20th Annual General Meeting (AGM) was held through virtually on Tuesday. Mohammad Yousuf, Managing Director, Salauddin Yousuf, Dr. Israt Jahan, Directors, Prof. Mohammad Moniruzzaman, Wahid Uddin Chowdhury, Independent Director, Md. Moshihoor Rahman, Company Secretary, Helal Uddin,Chief Financial Officer and Mofizur Rahman, Head of Corporate Finance of the company also attends the meeting.
December 28, 2022 - Muhammad Nurul Hoq, Head of Sylhet Zone of Islami Bank Bangladesh Limited and Md. Shahidul Islam, General Manager (Company Secretary) of Jalalabad Gas Transmission and Distribution System Limited (JGTDSL) signed an agreement (MoU), exchange document after signing a MoU at JGTDSL recently. Under the deal, consumers of JGTDSL will be able to pay gas bill on counter at any branch, sub branch of the bank or by using banks app based product Cellfin or iBanking. Top officials from both sides were present.
December 23, 2022 - Romana Rouf Chowdhury, Director of Bank Asia Limited, inaugurates its 131st branch at Rampura in the capital on Tuesday. Adil Chowdhury, President & Managing Director, Md. Sazzad Hossain, SM Iqbal Hossain, Alamgir Hossain, DMDs of the bank and local dignitaries were present.
December 23, 2022 - Banglalink launches eSIM
December 23, 2022 - Alamgir Shamsul Alamin (Kajal), President of Real Estate & Housing Association of Bangladesh (REHAB), inaugurates the stall of Padma Bank Limited at Bangabandhu International Conference Center (BICC) in the capital on Wednesday. M Ahsan Ullah Khan, SEVP and other senior officials of the bank were present.
November 10, 2022 - Sharfuddin Iqbal, Chief Commercial Officer (CCO) of Swish Global, inaugurates its first shower enclosure with smart door technology at a function held at Bangabandhu International Conference Centre (BICC) on Tuesday. Other senior officials of the company were present.
November 10, 2022 - Coca-Cola (BD) gets new MD
November 10, 2022 - Zabed Amin, DMD of Padma Bank Limited and Md. Rafiqul Islam, CEO of Rico International, exchange documents after sign an agreement at the consultancy office in the capital on Tuesday. Under the deal, Rico International students shall be served with priority services ranging from account opening to remittance and beyond at the bank’s specialized Student Care Centers and branches through dedicated relationship managers. Top officials from both sides were present.
November 10, 2022 - Kali Cheron, Chief Financial Officer of Rangs Electronics Limited (REL) andFarzana Sharmeen, Head of IPDC Finance Limited, exchange documents after signing an agreement at IPDC’s corporate head office in the capital recently. Under the deal, consumers across the country will have the facility to purchase electronics products with installments facility of up to 12 months under IPDC Easy. Top officials from both sides were present.
October 29, 2022 - Shahriyar made CEO of PICL
October 29, 2022 - Dr. H.B.M. Iqbal, Chairman of Premier Bank Limited, celebrates the bank’s 23th founding anniversary programme by cutting a cake at its head office in the capital on Wednesday. M Reazul Karim, Managing Director & CEO, BH Haroon, MP, M Imran Iqbal, Jamal G Ahmed, Nahyan Haroon, Directors, Kaiser A. Chowdhury, Naba Gopal Banik, Independent Directors and Muhammed Ali, Advisor of the bank were present.
October 29, 2022 - AB Bank Limited signed an agreement with Jamuna Electronics and Automobiles Limited under which AB Bank cardholders will enjoy EMI facilities @0% up to 36 months. Syed Mizanur Rahman, DMD of AB Bank Limited and Md. Sazzadul Islam, Head of Business, Jamuna Electronics and Automobiles Limited signed the agreement on behalf of their respective organisations. Senior officials of both the organisations were also present at the ceremony.
September 29, 2022 - Sheikh Hasina is now world leader: Hasan
September 29, 2022 - PM’s 76th birthday celebrated amid festivity, enthusiasm
September 29, 2022 - Emranul Huq, Managing Director and CEO of Dhaka Bank Limited along with Professor Niaz Ahmed Khan, Ph.D, Pro-Vice Chancellor of Independent University, Bangladesh (IUB), launches a prepaid card product called Aspire Student Prepaid Card in association with VISA at IUB campus in the city recently. The Aspire Student Prepaid Card can be availed by any students of Bangladesh having a valid Student ID supported by Guardian Documents from any branches, online application and student banking unit of the bank.
September 29, 2022 - Noor -E- Hafza, Chairman, Board of Directors of Sonali Life Insurance Company Limited (SLICL), presides over its 9th AGM held on Wednesday. The AGM approved 15 percent cash dividend for its shareholders year ended on December 31, 2021. Directors and senior officials of the company were present.
September 29, 2022 - Noor-E-Alam Chowdhury, Chief Whip of Bangladesh Parliament, inaugurates the 386th branch of Islami Bank Bangladesh Limited as chief guest at Shibchar in Madaripur on Wednesday. Mohammed Monirul Moula, Managing Director & CEO, Md. Altaf Hossain, DMD, Miftah Uddin, SEVP and Md. Abdus Sobhan, EVP of the bank, were present.
September 29, 2022 - Sumon Morshed, Managing Director of Finery Group, inaugurates its 20th anniversary at its office in the capital on Wednesday. Officials and employees of the company were present.
Home / National / Others / Trade & Commerce / Nagad introduces new technological advancement for mobile payments

Nagad introduces new technological advancement for mobile payments

— December 12, 2021

Nagad, the mobile financial arm of Bangladesh Post Office, has introduced state of the art technological advancement for mobile payments which also eased the account opening process and boosted the financial inclusion of the country.
Since its inception on March 26, 2019, Nagad has been using advanced technology which brought 5.75 crore users in a very short time that also enforce the revolution in the financial industry of Bangladesh, reads a press release.
Nagad has been working for a long time to bring the benefits of Digital Bangladesh to the people of the country.
To that end, Nagad has revolutionized the distribution of allowances of the government’s social safety net program with the highest level of transparency and accuracy.
Through the use of advanced technology, Nagad is successfully distributing student stipends and various financial assistance to citizens by ensuring transparency. In fiscal 2020-21, Nagad has distributed about 8 crore government financial assistance among 3 crore beneficiaries.
From the very beginning, Nagad has been using advanced technologies to ensure proper distribution of government allowances, hence, it has identified fraud and returned about Tk365 crore to the Bangladesh Bank.
For the first time in the country, Nagad has played an important role to increase financial inclusion by inventing an innovative method of setting PIN by dialling *167#. Consequently, the number of customers and transactions of Nagad has increased rapidly; currently, the average daily turnover of Nagad is around Tk750 crore.
Nagad’s innovative services are also playing a positive role in changing the daily lives of customers.
Because of its innovative solutions, many entrepreneurs have become successful in this country. New entrepreneurs are also being created and contributing to creating more. The use of modern and easy services of Nagad has also relieved technological issues at the entrepreneurial and consumers level.

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