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Nagad celebrates its 3rd anniversary

Dhaka, Thursday


08 May 2025


Business Insider Bangladesh

Nagad celebrates its 3rd anniversary

BI Report || BusinessInsider

Published: 14:47, 27 March 2022   Update: 14:48, 27 March 2022
Nagad celebrates its 3rd anniversary

Photo: Courtesy

Nagad, the mobile financial service of the postal department, celebrated its 3rd anniversary.

Marking the anniversary of this fast-growing mobile financial service provider, Nagad received warm wishes from the top brasses of the country, claims a press statement.

They said Nagad has brought a revolution to digital transactions in the country in just three years, including the introduction of electronic KYC, which is undoubtedly an exemplary achievement, claims a statement.

Prime Minister Sheikh Hasina inaugurated the commercial operation of Nagad on March 26, 2019, and since then, Nagad has been coming up with surprises after introducing account opening through electronic KYC.

Mustafa Jabbar, posts and telecommunications minister, thinks that what Nagad has attained in three years will be a role model for anyone.

He said, “Every day, Tk 700 crore are being transacted through Nagad, six crore people are its customers, and customers have received the funds related to scholarships, stipends, or government incentives through Nagad.”

He said Nagad is playing a vital role in making Bangladesh a paperless country and it will continue to attract customers through innovative services in the coming days.

Zunaid Ahmed Palak, state minister for ICT, said providing service to more than six crore customers in just three years is an unprecedented feat in the world.

Md Atiqul Islam, mayor of Dhaka North City Corporation, said Nagad will be a pride for Bangladesh in the case of transactions in the future.

Shibli Rubayat-Ul-Islam, chairman of Bangladesh Securities and Exchange Commission (BSEC), Ali Reza Iftekhar, chief executive officer of Eastern Bank Ltd, Mohammed Manzurul Islam, editor-in-chief and CEO of DBC television, Golam Murshed, managing director of Walton, among others, wished the success of this mobile financial service provider in the days ahead.