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).
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.
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.
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).
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.
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.
