HomeCommerce"Islami Bank & Bangladesh Bank Drive Cashless Initiative"

“Islami Bank & Bangladesh Bank Drive Cashless Initiative”

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Islami Bank Bangladesh PLC, in partnership with Bangladesh Bank, held a roadshow, seminar, and stall exhibition in Chattogram today to promote the “Cashless Bangladesh Initiative Expansion Campaign.” Arief Hossain Khan, the executive director and spokesperson of Bangladesh Bank, inaugurated the events as the chief guest, as confirmed in a press release.

During his address, Khan highlighted that Bangladesh incurs approximately Tk 20,000 crore annually on cash management costs. He emphasized the potential savings through digital transactions and banking, stating that using digital means such as cards or mobile transactions can reduce the risks associated with cash handling. Consequently, the Cashless Transaction Service initiative was introduced.

The roadshow commenced at the Agrabad intersection, proceeded along the Badamtali main road, and concluded at Hotel Agrabad in the port city, where a seminar was held. Rafeza Akter Kanta, the director of the Payment Systems Department of Bangladesh Bank, chaired the event.

Various esteemed guests attended the program, including Md Mokbul Hossain, executive director of Bangladesh Bank; Md Altaf Hossain, additional managing director of Islami Bank Bangladesh; SM Sarwar Kamal, chief revenue officer (deputy secretary); and Md Sadi Ur Rahim Jadid, additional deputy commissioner (revenue).

Md Parwez Anjam Munir, additional director of the Payment Systems Department of Bangladesh Bank, showcased a video featuring the governor’s welcome message and a presentation on the “Cashless Bangladesh” initiative. Additionally, notable figures like Md Gias Uddin, the proprietor of GS Ads, and Abul Kalam Azad, the owner of Baraka Trading, were also in attendance.

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