Islami Bank Bangladesh Limited mobile baking service ‘mCash’ is now available in mobicash service of Grameen Phone and throughout the country. In this connection a service launching ceremony between IBBL and Grameen Phone was held at a local hotel on Sunday, 22 June 2014. Mohammad Abdul Mannan, Managing Director of Islami Bank and Allen Bonke, Acting CEO of Grameen Phone signed an agreement on behalf of their respective organizations. Delwar Hossain Azad, Head of Financial Services of Grameen Phone, Mohd. Shamsul Haque, Md. Abul Bashar, Md. Habibur Rahman Bhuiyan, FCA, AKM Abdul Malek Chowdhury and Nurul Islam Khalifa, Deputy Managing Directors of IBBL along with high officials of the organizations were present on the occasion.
Addressing the ceremony, Mohammad Abdul Mannan said that handshaking between the largest telecom service provider and the largest private bank of the country will further strengthen the economic growth of Bangladesh. With the value driven and need based financing attitudes, IBBL has set the example of welfare focused banking in Bangladesh, he added. He said, mobile banking plays the key role of inclusive growth which the country needs for balanced economic development. He said, in more than three decades of its operations, Islami Bank continues to work for socio economic development of the country. IBBL deposit and investment schemes are aimed at accommodating, empowering and benefiting less privileged section of the society. He said, IBBL is committed to its core value of ehical services, operational transperancy and regulatory compliance. In recondition to the services to the nation, IBBL received may awards from regional and local apex bodies and positioned ourselves in the world’s best 1000 banks, he added.
Allen Bonke said that they are proud and thankful for signing the service launching agreement with the largest private sector bank in Bangladesh like Islami Bank. He said, through this joint venture of Islami Bank and Grameen Phone, the Mobile Financial Services will get momentum and be able to net unbanked people of the country under banking services. He said, mCash customers of Islami Bank will avail all services and facilities of Grameen Phone and mobicash across the country.