NRB Bank teams up with upay to strengthen digital financial services

NRB Bank PLC has entered into a strategic partnership with upay, the mobile financial service (MFS) of UCB Fintech Company Limited, a subsidiary of United Commercial Bank PLC (UCB), to expand access to digital financial services and enhance customer convenience across Bangladesh.

Tarek Reaz Khan, managing director and CEO of the bank PLC, and Shyamol B Das, managing director and CEO of UCB Fintech Company Limited, signed the agreement in Dhaka recently, according to a press release.

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Under the partnership, upay customers will be able to access a range of banking services, including Add Money, fund transfers between NRB Bank accounts and upay wallets, Micro DPS, remittance disbursement, and credit card bill payments.

The initiative reflects the shared commitment of both organisations to delivering secure, seamless, and customer-centric financial solutions while accelerating digital financial inclusion.

Through the collaboration, upay and NRB Bank PLC aim to leverage their respective strengths to make digital financial services more accessible, convenient, and secure for customers.

The partnership also reinforces the two organisations’ commitment to supporting Bangladesh’s growing digital financial ecosystem and advancing the country’s journey towards a more inclusive digital economy.

Sajjad Alam, head of corporate sales at upay, and Anwar Uddin and M Rashidul Huda, deputy managing directors of NRB Bank PLC, along with senior officials from both organisations, were also present at the signing ceremony.