Nagad, a mobile financial service (MFS) of the Bangladesh Post Office, and Islami Bank Bangladesh Ltd (IBBL) have forged ties to help customers make seamless financial transactions.
The services will range from add-money to DPS installments to remittance transfers through their Nagad wallets.
Moreover, customers will be able to avail Nagad and Nagad Islamic services using IBBL’s “CellFin” app. To this end, the MFS provider and IBBL struck a partnership agreement recently at a city hotel, said a press release.
From now on, people can add money to their Nagad and Nagad Islamic wallets instantly from their Islami Bank accounts without any charge.
Besides, they can pay DPS installments to Islami Bank as well as transfer remittances to Nagad accounts.
Posts and Telecommunications Minister Mustafa Jabbar, Secretary to the Posts and Telecommunications Division Md Khalilur Rahman, Director General of the Postal Department Md Harunur Rashid, Director General of Islamic Foundation Md Munim Hasan, Managing Director and CEO of IBBL Muhammad Munirul Maula, Founder and Managing Director of Nagad Tanvir A Mishuk and other senior officials of Nagad and Islami Bank were present at the agreement signing ceremony.
Speaking on the occasion, Mustafa Jabbar said, “Today we are happy that an institution like Nagad has partnered with Islami Bank. I thank Nagad for all of its innovations to improve customer experience.”
Managing Director and CEO of IBBL Muhammad Munirul Maula said, “Nagad has onboarded 6.5 crore customers only in three and a half years. I thank them for this.”
Nagad has introduced Islamic services, which is the need of the time, he said, adding that the MFS provider has come up with services that crores of people yearned for a long.
Founder and Managing Director of Nagad Tanvir A Mishuk said, “I thank Islami Bank for beginning a journey with Nagad. Banks cannot take services to people’s doorsteps, but platforms like Nagad can do that. We want to give smart cards to our 6.5 crore customers next year.” ♦
