Banglalink partners with NRB Commercial Bank Ltd. to facilitate Government’s Safety Net Fund disbursement
Dhaka, 15 March, 2018: Banglalink, one of the leading digital communications service providers in Bangladesh, has signed an agreement with NRB Commercial Bank Ltd. to facilitate the disbursement process of Government’s Safety Net Fund. Present at the signing ceremony were Erik Aas, CEO, Banglalink, Ritesh Kumar Singh, Chief Sales Officer, Banglalink, Kazi Md.Talha, Managing Director(Current Charge), NRB Commercial Bank Ltd., Kazi Md. Safayet Kabir, Executive Vice President & Head of Financial Inclusion and ADC Division , NRB Commercial Bank Ltd., Harunur Rashid , Executive Vice President & Head of FAD & CFO, NRB Commercial Bank Ltd. and other high officials of the two organizations.
Under the agreement, NRB Commercial Bank Ltd. will utilize Banglalink’s widespread retailer-base for disbursing Safety Net Fund to beneficiaries. Banglalink’s retailers will disburse the fund using NRBC Bank’s Agent Banking App and verifying the biometric impression of the beneficiaries. This joint program is expected to play a significant role in ensuring economic inclusion by availing online banking services for RMG workers in the areas where formal banking system is yet to be established.
Ritesh Kumar Singh, Chief Sales Officer, Banglalink said, “At Banglalink, we believe in transforming people’s lives through technology. By this transformation, we not only mean bringing the latest digital facilities for the privileged section of the population, but also catering to the basic needs of the people living in peripheral areas. The integration of our retailer-base with the service will make the disbursement process more convenient and easier.”
Kazi Md.Talha, Managing Director(Current Charge), NRB Commercial Bank Ltd. said, “ We are really glad to partner with Banglalink for facilitating the disbursement process of Government’s Safety Net Fund. The large retailer-base of Banglalink will help us reach out the beneficiaries living in peripheral areas. I would like to thank Banglalink for coming forward and being a part of this initiative.”
Besides providing core digital services, Banglalink is committed to serving people by working in collaboration with renowned organizations. The digital communications service provider will continue to partner with such organization in order to facilitate the inclusive growth of the country.