BRAC and Dutch-Bangla Bank have started a partnership for financial inclusion. Arinjoy Dhar, senior director, Microfinance, BRAC, and Abedur Rahman Sikder, deputy managing director, Dutch-Bangla Bank Ltd, launched the initiative at a ceremony on Wednesday (3 May 2023) at the BRAC Centre.
At the launching event the speakers focused on the importance of digital technology to enhance financial services for clients. Under this partnership, client interaction points (CIP) of BRAC Microfinance will provide financial services mainly for the workers of readymade garments industry through digital transactions.
The partnership was inaugurated at 11am by cutting ribbon and cake. Earlier on 15 January this year, the two organisations signed a deed of agreement for the partnership. Speakers also noted that the initiative will be marked as a milestone for digital cash transactions.
BRAC Microfinance senior director Arinjoy Dhar said, “BRAC is working for the marginalised communities. Besides this digital service, we are also interested to explore other avenues for joint initiatives with Dutch-Bangla Bank.”
Dutch-Bangla Bank deputy managing director Abedur Rahman Sikder said, “We are delighted to start this partnership with BRAC. We’ll be really glad to create opportunities for our clients through our digital services.”
Later on at the event, the representatives of the digital transformation unit of BRAC Microfinance called on all concerned to work together to take this partnership forward.