BRAC Bank PLC., one of the leading private banks in Bangladesh, and MicroSave, a global consulting firm specialising in market-led solutions for financial services, have signed a Memorandum of Understanding (MoU) to collaborate on enhancing digital financial inclusion in the country.
Syed Abdul Momen, Deputy Managing Director and Head of SME Banking, BRAC Bank, and Graham A. N. Wright, Group Managing Director, MicroSave, signed the agreement at the bank’s Head Office in Dhaka on February 29.
Mohammad Jakirul Islam, Head of Strategic Alliance & Digital Financial Service, BRAC Bank, and M. K. M. Wahid Uddin, Manager, Bangladesh Operations, MicroSaveGlobal Consulting Pte. Ltd. and Senior officials from both organisations were also present at the signing ceremony.
Under the MoU, BRAC Bank and MicroSave will work together to design, develop, and implement innovative and customer-centric digital financial products and services, leveraging BRAC Bank’s extensive network of branches and agents and MicroSave’s expertise in digital finance and customer research.