LAFL, the joint venture NBFI between Bangladesh and Sri Lanka

Lankan Alliance Finance Limited (LAFL), the joint venture NBFI between Bangladesh and Sri Lanka, is going to launch a new app-based product named 'nano loan' for the unbanked population and low-income group of the country with an aim to accelerate financial inclusion in Bangladesh through transforming the consumer lending landscape. LAFL has partnered with CASHe Alliance Limited (CASHe), a joint venture between Bangladesh and Singapore based companies, and inked a MoU with CASHe earlier to deliver the product.