mfs in Bangladesh

MFS users most in Rangpur, survey finds

Rangpur has the highest number of mobile financial services (MFS) accounts among the eight divisions of Bangladesh, with 28.10 percent of its population utilising these services. Barisal follows closely, with 24.26 percent of its residents holding MFS accounts, according to the report on Socio-Economic and Demographic Survey 2023, recently published by the Bangladesh Bureau of Statistics (BBS).

bKash incurred loss of Tk 123 crore in 2021

Losses of bKash, a subsidiary of Brac Bank, widened by 83 per cent year-on-year in 2021, even though its revenue rose by 21 per cent, for incurring higher costs on training, investment and waivers on the charge to send money.

45% of Bangladesh population don’t use MFS: survey

The country's 45 per cent people do not use mobile financial service (MFS) and 32 per cent of them refrain from using the service for fear being victim of fraudulent activity, found a survey.

June 19, 2024
June 19, 2024

MFS users most in Rangpur, survey finds

Rangpur has the highest number of mobile financial services (MFS) accounts among the eight divisions of Bangladesh, with 28.10 percent of its population utilising these services. Barisal follows closely, with 24.26 percent of its residents holding MFS accounts, according to the report on Socio-Economic and Demographic Survey 2023, recently published by the Bangladesh Bureau of Statistics (BBS).

April 5, 2022
April 5, 2022

bKash incurred loss of Tk 123 crore in 2021

Losses of bKash, a subsidiary of Brac Bank, widened by 83 per cent year-on-year in 2021, even though its revenue rose by 21 per cent, for incurring higher costs on training, investment and waivers on the charge to send money.

March 30, 2022
March 30, 2022

45% of Bangladesh population don’t use MFS: survey

The country's 45 per cent people do not use mobile financial service (MFS) and 32 per cent of them refrain from using the service for fear being victim of fraudulent activity, found a survey.