CVC Finance inks deal with ‘Nagad’


‘Nagad’, the digital financial service of Bangladesh Postal Division and CVC Finance Limited have recently signed a corporate agreement. CVC Finance Limited will be using the Digital Financial Solutions of Nagad to collect payment from their customers. Sheikh Aminur Rahman, Chief Sales Officer of Nagad and Md. Moktadir Hossain, Managing Director of CVC Finance Limited have signed the agreement of behalf of their organizations. 

Sadat Adnan Ahmed, Chief Commercial Officer of ‘Nagad’ and higher officials from both of the institutions were present among others. CVC Finance Limited has a range of diversified and innovative products and services of Corporate Finance, Consumer Finance, SME Finance, Agricultural Finance, Sustainable Finance and lucrative Deposit Schemes.

‘Nagad’, the digital financial service of Bangladesh Postal Division has successfully put an end to the monopoly market of mobile financial services in Bangladesh which existed for the last 11 years. ‘Nagad’ facilitates the day-to-day financial transaction needs of the people. In addition, ‘Nagad’ currently offers the lowest cash-out charge in Bangladesh, it only charges Tk. 14.50 per thousand for cash-out along with offering Tk 5 as cash-back per thousand.