A K M Shahnawaj, Managing Director (Current Charge) of Dhaka Bank, and Md. Iqbal Mohasin, Director of Financial Inclusion Department of Bangladesh Bank, sign an agreement to avail refinance scheme on behalf of their respective organisations in Dhaka recently. Dhaka Bank PLC has recently signed agreement with Bangladesh Bank for availing Bangladesh Bank's refinance scheme titled 'Refinance Scheme for Digital Nano Loan' at its head office in Dhaka.
Under this agreement, Dhaka Bank will receive refinancing from Bangladesh Bank against digitally disbursed Nano loans, says a press release.
Bangladesh Bank has reintroduced the refinance scheme of Tk 1 billion against Digital Nano Loans with the aim of expanding the financial inclusion of marginalized population of the country.
Dhaka Bank launched its End to End Digital Loan "Dhaka Bank eRin" in 2023 and recently has introduced "eRin Device", an AI--driven device financing app.
With eRin and eRIn Device app a customer can apply for an unsecured personal loan or loan for purchasing mobile device of up to Tk 50,000 and the loan will be disbursed in his/her account within 2 hours of applying on a banking day while the customer can apply for the loan 24X7 anywhere from Bangladesh without submitting any physical documents to the bank.
Dr. Md. Habibur Rahman, Deputy Governor, Bangladesh Bank, was present as the chief guest and Rup Ratan Pine, Executive Director, Bangladesh Bank chaired the ceremony. A K M Shahnawaj, Managing Director (Current Charge) of Dhaka Bank, and Md. Iqbal Mohasin, Director of Financial Inclusion Department of Bangladesh Bank, signed and exchanged the agreement on behalf of their respective organizations.
Qazi Mutmainna Tahmida, Additional Director and Nisat Afroz Binny, Joint Director of Bangladesh Bank; AMM Moyen Uddin, DMD and Mosleh Saad Mahmud, Head Liability & Cash Management of Dhaka Bank; and other officials of both organisations were present on the occasion.
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