UNCDF conference shares new insights, industry innovations

The UNCDF conference yesterday shared new insights, industry innovations and solutions aimed at impacting and accelerating change in digital financial services industry.

Abul Kalam Azad, principle coordinator of sustainable development goals (SDGs) at Prime Minister's Office, was present as the chief guest, says a press release.

The government is providing all supports for financial inclusion through digital channels, he said, adding that it is also developing all sorts of financial strategies, rules and regulations where technology is the key priority.

“Digital technologies offer us a unique opportunity to advance digital financial inclusion for all, especially for women,” said Sonia Bashir Kabir, managing director of Microsoft Bangladesh.

Financial industry constantly needs innovation that leads to better products and solutions, said Farzana Chowdhury, managing director and CEO, Green Delta Insurance Limited.

The UNCDF conference is for tackling the issues of digital financial services as they are critical for agro-based micro and small enterprises that need access to credit, said speakers.

The conference focused on digitalisation of remittances for real economic growth and also showcased the enormous opportunity for small retailers in the country.

More than 350 delegates attended the conference that took place in association with Access to Information Programme (a2i), Brac and Business Finance for the Poor in Bangladesh (BFP-B). It was financially supported by the European Union and the Bill & Melinda Gates Foundation.