HSBC highlights key trends shaping real-time payments in Bangladesh

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh recently organised a programme, titled "Redefining Treasury through Real-time Payments", in Dhaka.

The forum discussed emerging trends in real-time payments and offered strategic insights to help businesses navigate the evolving global payment landscape, according to a press release.

Arief Hossain Khan, executive director of the Payment Systems Department (PSD) at Bangladesh Bank, attended the event as chief guest.

"Real-time payments are no longer optional; they are now the backbone of modern financial infrastructure," Khan said in his address.

Other speakers included Md Khairul Anam, additional director of the PSD; AKM Mukhlesur Rahman, senior functional consultant (electronic payment and transfer) at the Ministry of Finance; and Uzma Chowdhury, director of finance at Pran-RFL Group.

They shared their views on the evolution of real-time payments in Bangladesh, upcoming government initiatives, and the benefits and opportunities of digital transformation in treasury management. The speakers also underscored the importance of collaboration between regulators and corporates to foster further development.

In his keynote presentation, Patrick Zhu, managing director and head of corporate sales for Asia, Global Payments Solutions at HSBC, outlined global trends in real-time payments.

"Real-time payments are unlocking speed and efficiency for the business community, supported by strong regulatory efforts. Bangladesh can seize this opportunity to further digitise its payment infrastructure, not only for domestic transactions but also for international settlements," Zhu said.

"With its deep expertise and industry-leading solutions, HSBC is keen to play a pivotal role in supporting this exciting journey," he added.

To better understand evolving treasury priorities and how industry players are addressing uncertainties, HSBC recently surveyed more than 460 treasury and finance leaders across eight markets in Asia Pacific.