Four leading RMG cos sign deal with bKash

Business Desk

24 June, 2019 12:00 AM printer

Four leading RMG cos sign deal with bKash

bKash Chief Executive Officer (CEO) Kamal Quadir, Ananta Companies Managing Director Inamul Haq Khan, Snowtex Group Managing Director SM Khaled and Renaissance Group Director Muhammad Alamgir Kabir pose for a photo after signing an agreement at a hotel in the capital on Sunday.

Four RMG factories – Ananta Companies, Best Wool Sweaters Ltd, Renaissance Group and Snowtex Group –signed agreements with country's largest mobile financial services provider, bKash to pay their employees.

 Under the deal, ready-made garment workers will receive their salary to their mobile wallets, said a pres release.

The documents were exchanged on Sunday at a local hotel by Kamal Quadir, Chief Executive Officer (CEO) of bKash, Inamul Haq Khan, Managing Director of Ananta Companies, S.M Khaled, Managing Director of Snowtex Group, Muhammad Alamgir Kabir, Director of Renaissance Group and Siamul Hasan Siam, Director of Best Wool Sweaters Ltd.

Under these agreements, 10 thousand employees of Ananta Companies, 6,000 of Best Wool Sweaters Ltd., 5,500 of Renaissance Group and 10 thousand workers of Snowtex Group will get their wages through bKash.

At present, more than 170 garment institutions in the country are disbursing salary through bKash to around 2 lac workers. Since this salary disbursement system through bKash is gaining much trust and popularity, more and more factories are enrolling into it including these four large ready-made garments exporters.

Moreover, the workers can use their bKash account’s money immediately after receiving the salary, such as: sending money to other bKash accounts, buying airtime on mobile, paying different types of bills, making payment after purchasing products at shops, etc. Cash Out is also available from more than 2 lac bKash agent-points across the country. Even if workers want to have interests on their accounts, they surely can get it by saving money there.

bKash also creates awareness amongst the workers on secure utilization of mobile wallet and facilitates account registration campaigns within the factories.