Bank Asia, GP sign deal to accelerate financial inclusion

Bank Asia Limited has signed an agreement with Grameenphone to appoint the retailers of the mobile phone operator as the bank's micro-merchants with a view to taking banking services to the doorsteps of grassroot people and strengthening its financial inclusion drive to help Bangladesh become a cashless economy.

Ziaul Hasan, deputy managing director of the bank, and Rasheda Sultana, deputy director and head of financial services at Grameenphone, inked the deal at the Bank Asia Tower in Karwan Bazar, Dhaka recently, said a press release.

Adil Chowdhury, president and managing director of Bank Asia, was present at the signing programme, where Shafiuzzaman and ANM Mahfuz, additional managing directors, and Md Sazzad Hossain, deputy managing director, were present.

Among others, Md Najmul Ahasan Prince, deputy general manager for financial services at the telecom operator, Fazle Abed, a lead specialist for financial services, and Mohammad Rezwan Ullah, head of financial regulations and strategic relations treasury, were also present.