Hasina launches Post Office’s mobile financial service Nagad

Prime Minister Sheikh Hasina has officially inaugurated Post Office’s mobile banking service Nagad.

Senior Correspondentbdnews24.com
Published : 26 March 2019, 05:05 PM
Updated : 26 March 2019, 05:05 PM

She also unveiled a postage stamp released to mark the Independence Day at the Ganabhaban on Tuesday.

Post Office launched Nagad to take financial services to those deprived of banking facilities and bring them to the mainstream economy.

About 66 percent of the country’s population do not get banking services, according to the Post Office. 

Funds can be transferred quickly through digital channels like mobile phone apps, ATM, POS terminals, NFC enabled devices, electronically enabled cards, biometric devices, and tablet computers, Post Office said in a statement.

Post, Telecommunication and IT Minister Mustafa Jabbar and Liberation War Affairs Minister AKM Mozammel Huq, among others, were present at the Ganabhaban function.