Bank Asia, Swisscontact sign MoU on financial accessibility of RMG workers

Bank Asia Limited and Swisscontact Bangladesh have recently signed a Memorandum of Understanding (MoU) to promote accessible and small-ticket-sized women-friendly savings products to the RMG workers and their community members to improve their financial resilience.

ZiaulHasan, deputy managing director of Bank Asia and Bipasha S. Hossain, team leader, Sarathi-Improving Financial Health, Swisscontact, inked the agreement on behalf of their respective organisations in the presence of Mr Shafiuzzaman, President and Managing Director (CC) of the bank at a function held at its corporate office in capital’s Kawran Bazar on Thursday, says a press release.

Md. SazzadHossain, DMD and COO, Md. Serajul Islam, EVP, Quazi Mortuza Ali, SVP of the bank and Salma Akhter, manager-partnerships and advocacy of Sarathi Project, Swisscontact, among others, were present on the occasion.

Under the agreement, the project is to be implemented in Dhaka, Gazipur, Narayanganj and Chattogram districts, and both organisations will work together to improve the financial health of ready-made-garment workers by developing awareness, promoting ‘DPS-100’ and ‘Anchol’ products through cutting-edge campaigns and other engaging activities.

These initiatives will pave the way to bring banking facilities to RMG workers’ capitalisation on the bank’s robust nationwide Agent Banking Network, Mobile Application and Internet Banking channels, the release added.