Dhaka, Bangladesh (BBN)– The World Bank Group President Dr. Jim Yong Kim visited bKash Head Office on October 17 with his team.
Dr. Kim had an engaged discussion understanding how bKash contributes in digitalizing Bangladesh’s economy and impacts the development of the country at the grass root level.
He was accompanied by World Bank’s Chief Economist and Senior Vice President Mr. Paul M Romer and World Bank Vice President for the South Asia Region Ms. Annette Dixon. World Bank Country Director for Bangladesh Mr. Qimiao Fan, Regional Director, IFC South Asia Mr. Mengistu Alemayehu and Country Manager, IFC Ms. Wendy Werner were also present at the occasion.
The World Bank chief praised bKash for its overwhelming success in advancing the financial inclusion vision into a reality for the marginal population of the country.
He expressed his ideas of bKash partnering with global technology providers for opening worldwide transaction opportunities to further enhance the inclusive agenda.
Kamal Quadir, CEO of bKash, briefed Dr. Kim and his team how bKash evolved over last six years and praised the favorable government policy as well as Bangladesh Bank’s pragmatic guidelines that enabled bKash to reach millions of unbanked people of the country.
bKash Chairman Shameran Abed, Chief External and Corporate Affairs Officer Major General Sheikh Md Monirul Islam(retd) and Company Secretary & Chief Financial Officer Mr. Moinuddin Mohammed Rahgir were present from the bKash side.
IFC, a member of the World Bank Group, is one of the four shareholders of bKash. The other three shareholders are BRAC Bank Ltd, Money in Motion LLC and Bill & Melinda Gates Foundation.