Nagad, the mobile financial service of Bangladesh Post Office, has reached an impressive milestone of serving eight crore customers. The leading MFS operator in the country achieved this remarkable feat within just four years of its establishment.
To celebrate this achievement, Nagad held a special event at its head office, coinciding with the return of its brand ambassador and cricket star, Tamim Iqbal, to international cricket after reversing his retirement decision. A cake-cutting ceremony marked the joyous occasion, as stated in a press release.
Responding to Prime Minister Sheikh Hasina’s call, Tamim Iqbal withdrew his retirement and visited Nagad’s office to congratulate the company on its success in reaching the eight crore customer base. Tamim praised Nagad’s role in driving the transition to a cashless society, emphasizing its potential to acquire customers even faster in the future.
Nagad was officially inaugurated by Prime Minister Sheikh Hasina on March 26, 2019. The company reached one crore customers in January 2020, followed by two crores in August of the same year. In 2021, the customer count surpassed three crores in March, four crores in April, and five crores in June. The milestones of six crore and seven crore were achieved in February and December 2022, respectively.
With the recent milestone of eight crore customers, Nagad has emerged as the MFS provider with the highest number of customers in Bangladesh. The company has been adding an average of 51,000 customers per day over the past four years, and its daily transactions now average Tk 1,200 crore.
Nagad’s success in becoming customers’ preferred choice and its rapid transaction growth reflect its continuous innovation and introduction of tailored products and services to meet evolving consumer needs.
Tanvir A Mishuk, the founder and managing director of Nagad Limited, expressed gratitude for the positive response received from customers, which encourages the company to pursue new innovations and expand its services. Mishuk emphasized Nagad’s goal of digitizing all financial transactions in Bangladesh, contributing to the country’s socioeconomic development.
Nagad’s innovative solutions have enabled the disbursement of social safety net allowances, education stipends, and government aid through its MFS platform. The company has become a trusted partner in delivering various ministry-related allowances and benefits.
Bangladesh Finance Celebrates 2nd Consecutive Sustainability Award Success
The Bangladesh Institute of Bank Management (BIBM) has once again recognized Bangladesh Finance for its remarkable achievement of receiving the Top Sustainable Financial Institution Award 2022 from the country’s central bank.
This prestigious accolade marks the second consecutive win for Bangladesh Finance, cementing its commitment to sustainable financial practices. The award was presented to Md. Kyser Hamid, the Managing Director & CEO of Bangladesh Finance, who was joined by Md. Kohinoor Hossain, Head of SME & Sustainable Finance.
The award ceremony took place on Saturday (September 30), at the BIBM Auditorium in Dhaka. Distinguished guests, including Bangladesh Bank’s former Governor Fazle Kabir and Economic Relations Division Secretary Sharifa Khan, graced the event with their presence. Notably, the event was co-hosted by the German Agency for International Cooperation (GIZ Bangladesh).
The awards were bestowed upon sustainability-rated banks and financial institutions, recognizing the top 7 banks in the private sector and the top 4 financial institutions for their commitment to sustainability. Bangladesh Bank had officially declared these awards on August 29, following a comprehensive assessment of various factors, including credit score, capital, corporate social responsibility (CSR) initiatives, rural banking activities, and the sustainability of core banking operations. BIBM, in turn, acknowledged and celebrated these achievements during the event.
Among the attendees was Md. Sajjadur Rahman Bhuiyan, Group CFO of Bangladesh Finance, along with other senior officials, further highlighted the institution’s dedication to sustainable banking practices.
IMCB Mourns the Loss of Esteemed Senior Member, Prabin Behari Barua
The Institute of Management Consultants Bangladesh (IMCB) mourns the loss of Prabin Behari Barua, a distinguished Senior Member and dynamic mentor. Barua bid farewell to this world on September 10, 2023, in Dhaka, after battling the challenges of old age and a long-standing chronic illness.
The news of Barua’s departure has sent ripples of sorrow throughout the IMCB community. M Zakir Hossain, Chairman of the CMC, Nadeem A Chaudhury, President, along with the esteemed Members of the Executive Council of IMCB, share in the profound sadness of this moment. They extend their heartfelt condolences to the bereaved family, offering solace during this challenging time. The Executive Council, in a poignant tribute, beseeches for the eternal peace of Barua’s departed soul.
Barua’s untimely passing leaves an irreplaceable void within the IMCB family. He was a man of unwavering dedication, unimpeachable integrity, and a remarkable personality. His profound wisdom, astute insights, and exceptional expertise were instrumental in providing invaluable services to the Management Consultants Profession.
The IMCB community remains eternally grateful to Barua for his substantial contributions, which have significantly advanced the growth and development of IMCB. His legacy will endure as an inspiration to all.
Evercare Hospital Provides Free Treatment for Children’s Heart Perforation
Evercare Hospital Chattogram, a prominent healthcare provider in the port city, recently organized a Special Patient Forum within its Department of Paediatric Cardiology to commemorate World Heart Day – 2023.
The event featured key addresses, including a welcoming speech by Dr. Ratnadeep Chaskar, Chief Executive Officer and Managing Director of Evercare Hospitals, Bangladesh. Dr. Tahera Nazrin, Founder and Head of the hospital’s Paediatric Cardiology Department, provided an overview of the department, while Samir Singh, Chief Operating Officer of Evercare Hospital Chattogram, delivered the closing remarks.
Dr. Chaskar underscored the significance of their special initiative, stating, “We view the free Paediatric Cardiology Department package for underprivileged children as an exceptional endeavour.” Dr. Nazrin, in her address, emphasized the importance of creating awareness about heart conditions in children, highlighting that these conditions are both treatable and preventable. She further spotlighted the hospital’s comprehensive Paediatric Cardiology services, including the provision of free devices and balloons for the treatment of congenital heart defects and defective valves in underprivileged children.
Evercare Hospital Chattogram’s unwavering commitment to offering complimentary treatment for congenital heart defects in underprivileged children reflects its dedication to enhancing the well-being of all members of the community.
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