E-Finance


bKash wins ‘Mastercard Excellence Awards’ in Digital Business

December 02 2023 | TW News Correspondent

Dhaka, 02 December 2023: bKash, the country’s largest mobile financial services (MFS) provider, has won the ‘Excellence in Mastercard Digital Business 2022-23’ award for its contribution to improving the living standard of people and the economy through the innovative &ls...
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What is TakaPay card and how does it work?

November 07 2023 | TW News Correspondent

TakaPay is Bangladesh's inaugural local currency card, recently unveiled by Prime Minister Sheikh Hasina. But what exactly is TakaPay? Let's explore this payment system and its potential benefits, including the card's practical aspects and an overview of what it is and how it works.

Why was Takapay launched?
TakaPay was launched to reduce reliance on international card networks such as...
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FBCCI and BMCCI will work together to Facilitate Skilled Manpower Export to Malaysia

September 20 2023 | TW News Correspondent

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Bangladesh-Malaysia Chamber of Commerce (#BMCCI) have joined forces to facilitate the export of skilled manpower to Malaysia, a significant labor market for Bangladesh.

The FBCCI President Mr. Mahbubul Alam opined this during a courtesy meeting with a delegation from BMCCI, led by its President, Syed Almas Kabir, on Tuesday, Se...
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Women entrepreneurs can take loans by showing women as guarantors

September 19 2023 | TW News Correspondent

In taking loans from banks, women entrepreneurs can take loans by showing not only men but also women as guarantors. Bangladesh Bank has assured to take steps to ensure access to loans on easy terms for small...
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EBL launches wearable payment solutions in Bangladesh

September 14 2023 | TW News Correspondent

Eastern Bank Limited (EBL), in collaboration with Mastercard and Visa, has launched Bangladesh's first wearable payment devices, branded as 'WEAREBL'. The devices were officially announced on Monday and according to the bank, 'first of its kind' 'in the country.

The bank has been teasing about their new payment so...
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National phase of Al Arafah Islami Bank 9th BJSO ended

September 09 2023 | TW News Correspondent

The national phase of Al Arafah Islami Bank 9th Bangladesh Junior Science Olympiad-BJSO was held at the science and technology complex located in Agargaon, Dhaka. 

All the colorful activities were held t...
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AB Bank holds training for women entrepreneurs

September 04 2023 | TW News Correspondent

AB Bank Ltd organised a daylong skills development training for women entrepreneurs at Chittagong Club. 

ABM Zahurul Huda, executive director of Bangladesh Bank's Chattogram office, inaugurated the prog...
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Nagad sends 200 distributors to perform Umrah as a performance award

September 03 2023 | TW News Correspondent

Like every year, Nagad, a major Mobile Financial Service arranged the Distributors Meet 2023 in a grand manner. The Managing Director of Nagad, Tanveer A Mishuk, has announced that more than two hundred distributors will perform Umrah Hajj at this event.

The Nagad Distributors Meet 2023 was held on Friday at a five-star hotel in Dhaka. In recognition of the work there, awards were given...
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Pension Scheme: MFS service charge set at 0.7% for payment

August 29 2023 | TW News Correspondent

The mobile financial service providers can charge a maximum of Tk 0.7 for every Tk 100 deposited by the policyholders of the Universal Pension Scheme (UPS) as subscription fees to the pension authority. The Bangladesh Bank (BB) shared the information through a directive yesterday.

The move comes after the government rolled out the much-anticipated universal pension scheme on August 17 as part of an effor...
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