NRB Bank leads cashless Bangladesh campaign in Cumilla

NRB Bank PLC recently organised a two-day seminar, campaign, and roadshow titled "Cashless Bangladesh" at various venues in Cumilla, aimed at promoting the Cashless Bangladesh Initiative and expanding transactions through Bangla QR.

Officials from 45 banks operating in the Cumilla region actively participated in the programme, where NRB Bank served as the lead bank, according to a press release.

Arief Hossain Khan, executive director of Bangladesh Bank, inaugurated the event as chief guest. Rafeza Akhter Kanta, director of the Payment Systems Department of Bangladesh Bank, presided over the programme.

Speakers highlighted the Bangladesh Bank governor's observation that the cost of handling cash in Bangladesh exceeds Tk 20,000 crore annually, an expense that can be significantly reduced through cashless digital transactions. A target has been set to minimise cash usage and transition towards a zero-cash economy within the next decade.

They further emphasised that a cashless economy would strengthen financial discipline, curb counterfeit currency circulation, and enhance overall efficiency in economic management.

Anwar Uddin, managing director (current charge) of NRB Bank PLC, attended the event.

Among others, Md Shaheen Howlader, deputy managing director of NRB Bank; Tanzina Jahan, assistant commissioner (land) of Adarsha Sadar in Cumilla; and Parvez Anjum Monir, additional director of the Payment Systems Department of Bangladesh Bank, were also present.