Huawei, bKash sign MoU on financial inclusion

On Wednesday, the CEO of Huawei Bangladesh and President of Huawei South Asia region, Pan Junfeng, along with Kamal Quadir, founder and CEO of mobile financial service provider bKash, signed a memorandum of understanding (MoU).

The MoU aims to facilitate greater financial inclusion and enable more people to benefit from the digital economy in Bangladesh. The signing ceremony took place at the Huawei Bangladesh Academy in the country’s capital.

During the event titled “Smart Fintech: Inclusive. Innovative. Inspiring Bangladesh,” Kamal expressed that the collaboration between bKash and Huawei intends to promote financial inclusion and eradicate poverty in support of the Sustainable Development Goals.

In a press release, Pan also shared his views stating, “Our partnership will not only boost the growth of the digital economy in Bangladesh but also serve as a notable model for other emerging markets in the region, highlighting the significance of financial inclusion.”

Among others, Sarder M Asaduzzaman, assistant resident representative of United Nations Development Programme, and Susan Vize, officer-in-charge of the United Nations Educational, Scientific and Cultural Organization Dhaka office, were present.

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