Bangladesh Bank Governor Fazle Kabir at a programme on Saturday said mobile banking has now largely contributed to easing access to finance at the mass level.
He made the remark at a programme marking 10th anniversary of Mobile Financial Service (MFS) at a city hotel.
bKash, Rocket, MCash, Upay, Tap, MYCash, TeleCash, Tap N Pay, FSIBL, Rupali Bank Limited, OK Wallet, Islamic Wallet and Nagad sponsored MFS fairs and cultural events across the country to celebrate the 10th anniversary.
The programme was arranged aimed at making the daily financial transactions of millions easier, safer, instant and further expanding financial inclusion, said a press release.
In the programme, Education Minister Dr Dipu Moni was present as the chief guest while Social Welfare Minister Nuruzzaman Ahmed was present as the special guest.
In her speech, Education Minister said mobile banking has a great contribution to improving lifestyles. We can easily send money to our loved ones. It brings smiles on the faces of common people.
Social Welfare Minister Nuruzzaman Ahmed said along with the conventional banking system, mobile phone and app-based systems have expanded the field of service delivery to the doorsteps of millions.
Abul Kashem Md Shirin, managing director and CEO of Dutch Bangla Bank, and Kamal Quadir, chief executive officer of bKash, outlined the journey of MFS at the event.
