Islami Bank Bangladesh Limited is going to launch mobile
banking service ‘Islami Bank mCash’. With the view the bank signed an
agreement with Robi Axiata Limited on 26 August 2012 Sunday at a local
hotel. Mohammad Abdul Mannan, Managing Director of the Bank, Michael
Kuehner, CEO, Robi Axiata Limited, Mohd. Shamsul Haque, Md. Habibur
Rahman, Md. Nurul Islam, Muhammad Abul Bashar, Md. Habibur Rahman
Bhuiyan, FCA, AKM Abdul Malek Chowdhury and Md. Mahbub-ul Alam, Deputy
Managing Directors of IBBL, Pradeep Srivastava, CMO and Mahtab Uddin
Ahmad, CFO, Robi Axiata Limited were present in the function.
mCash is likely to add a new dimension to Islami Bank’s service. mCash
clients can enjoy banking facility any time and from any place. It
facilitates to money deposit, cash withdrawal, fund transfer to other
accounts and remit money from overseas to mobile accounts in shortest
time. Besides it accommodates mobile top-up, commodity buying and
selling and salary/wage transfer facility. The service will be
available in any operator’s mobile phone. Account opening is free of
cost with a primary balance of 20 taka only. The client himself/herself
can accomplish all the operations except cash transaction.
Mohammad Abdul Mannan, Managing Director of IBBL said Islami bank
continues to work for the socio-economic development of the country over
the last 29 years. IBBL runs its activities not merely for profit
motive but for maximizing welfare. The bank is loyal to the central
Bank’s effort to include all unbanked people to banking service and to
the government’s priority of building Digital Bangladesh. Mobile banking
will play a vital role in the process.
He added, poverty elimination is possible through inclusion of
technology in the banking services. As a consequence of banking
activities becomes easier, the saving tendency of the people will
increase. He said, Robi serves with a vast network service in the
telecom sector. IBBl’s joint service with Robi will be a milestone in
the communication and banking sector of the country.
Michael Kuehner, CEO, Robi Axiata Limited said IBBL is one of the
largest banks of the country. Joint efforts of these two organizations
can play vital role in total development of the country. mCash mobile
banking service will help extending banking services to all unbanked
people.
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