All News and Announcements

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News

Bangladesh Wins Global Center on Adaptation Award for Local Climate Leadership at COP28

During the COP28 climate conference held in Dubai, Bangladesh has secured the Global Center on Adaptation Locally Led Adaptation championship Award in the category of Innovation in Developing Finance.

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Denmark Signs Agreement With UNDP and UNCDF Bangladesh to Extend Local Government Initiative on Climate Change for Two Years

The extension of the Local Government Initiative on Climate Change Project will be implemented in two districts of Bangladesh to strengthen communities' resilience to the impacts of climate change.

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BGMEA, Mitro Fintech Signs Deal to Improve RMG Workers Financial Inclusion

The Bangladesh Garment Manufacturers and Exporters Association has partnered with Mitro Fintech Ltd to improve the financial inclusion of Ready-Made Garments workers by offering them digital financial solutions.

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Huawei, bKash Sign MoU to Strengthen Partnership and Improve Financial Inclusion in Bangladesh

Huawei, a leading global technology solutions provider, recently reaffirmed its commitment to bKash, the leader in mobile payments and financial services in Bangladesh, that will plot the way towards financial inclusion.

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Saving Through bKash to Expedite Financial Inclusion From Rural Backwater

The bKash feature will open up new avenues for people who are lagging behind in terms of financial inclusion and expedite digital transformation.

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SBK Foundation and AGAM International Team on Bangladesh Digital Microfinance Platform

This first of its kind announcement between Bangladesh’s first digital-only microfinance provider and UK fintech will enable Bangladesh’s app-based entrepreneurs to access the credit they need to purchase goods to enable them to carry out their jobs.

News

Bangladesh: Government Moves to Cut Microcredit Service Charge

An 11-member committee, headed by Grameen Bank Chairman Prof Dr A K M Saiful Majid, has been formed to look into the cost of the MFI's services and to determine if there is any scope to reduce the charges.

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Digitizing Payments Can Add $6.2 Billion to Bangladesh’s Annual GDP

The Government of Bangladesh, in partnership with the UN-based Better Than Cash Alliance, just launched its 2022-2025 National Digital Payments Roadmap – a call to action for key public and private sector actors to speed up responsible payment digitization to leave no one behind.

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UNCDF and Its Partners Launch E-learning Modules to Help Fill the Digital and Financial Literacy Gap for Small and Micro Businesses in Bangladesh

Over 50 percent of small and micro-businesses  in a recent UNCDF and Visa study had poor understanding of how digital and financial services could help their businesses, and financial literacy gaps were even more pronounced for women entrepreneurs.

News

Bangladesh: IFC, BFIU to Build Infrastructure to Fast-Track Financial Inclusion

The International Finance Corporation and Bangladesh Financial Intelligence Unit will work together to develop an electronic know your customer (eKYC) infrastructure to fast-track financial inclusion.